A consortium led by Saudi Arabia’s ACWA Power claimed a breakthrough for 24-hour renewable baseload power after its 700MW concentrated solar power (CSP)-plus-storage plant was selected for a flagship deployment in Dubai at a ‘levelised tariff’ of $0.073/kWh.
The ACWA consortium, which also includes China’s Shanghai Electric, will build the largest single-site CSP project in the world as the $3.9bn
