Sterling and Wilson wins contract to build 1.17 GW solar project in Abu DhabiStaff Writer | June 21, 2017
Sterling and Wilson has bagged Turnkey Engineering Procurement and Construction along with Operation & Maintenance contract for the world’s largest single location solar PV plant in Sweihan, Emirates of Abu Dhabi.
Green energy Turnkey Engineering Procurement
To top it all, the project was awarded at the lowest ever recorded bid in the history of PV solar. The plant is jointly developed by Marubeni, a Japanese integrated trading and investment giant, along with Jinko, a global leader in the solar industry, and Abu Dhabi Water and Electricity Authority (ADWEA).
The consortium has successfully bid a tariff of USD 2.42 cents per kilowatt hour, marking the lowest cost ever for solar power. This is a positive demonstration of the promising future of clean energy, reducing the dominance of fossil-fuelbacked power plants. ■