Cost of 10MW solar power plant has fallen from $50m to $30m
Abu Dhabi’s Environmena Power Systems will install 10 MW of new solar units in the Gulf in 2010, according to the company’s vice-president.
Environmena was the engineering, procurement and construction contractor on a $50 million, 10MW solar power plant project developed by Abu Dhabi Future Energy Company (Masdar) in 2008, Sander Trestain told MEED’s Alternative Energy Forum in Abu Dhabi on 29 March. The company is now the operator on the plant.
“The project supplied 17,500 MwH of power in 2009,” Trestain said. Due to the falling cost of solar power units, building the project today would cost $30-35m, Trestain said.
The company plans to install another 10MW of capacity in the region in 2010, he said.
Environmena announced in January that Masdar and the UK’s Good Energies, a clean energy fund, had become shareholders in the company.
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