“The saudis just signed a deal for solar power where they get electricity for under .02@kwh.”
Got a link for that? Thanks.
The energy ministry said Abu Dhabis Masdar and Electricite de France SA bid to supply power from a 300-MW photovoltaic plant for as little as 6.69736 halalas/kWh, or 1.79 cents, according to a webcast of the bid-opening ceremony on Tuesday in Riyadh. If awarded, that would beat the previous record for a solar project in Abu Dhabi for 2.42 cents/kWh.