UAE

DP World Prepares Future Generations for The World Of Work

(3BL Media/Justmeans) – In our fast-paced, technology-driven and globalised world, consumers expect just about anything from anywhere delivered promptly to their door. International logistics via technology makes that happen. Yet, it seems newcomers do not always perceive supply chain management and global trade as a first career choice. So, how do logistics companies attract new business leaders to gain a competitive advantage?

World Solar Prices Smashed Yet Again in Abu Dhabi

(3BL Media/Justmeans) - The sun rises earlier in Abu Dhabi than in Europe or North America, a fact that is becoming true in more ways than one.

A bidding war for a new, large-scale Sweihan solar project in Abu Dhabi has led to what Renew Economy analyst Giles Parkinson calls “jaw-dropping” prices. Smashing through what had been the $30 per MWh barrier, Chinese PV manufacturer JinkoSolar, in collaboration with the Japanese industrial giant Marubeni, set a new record low solar price with a bid of $US24.20/MWh. Three other bids of the six tendered also came in below $30 on a weighted LEC basis.

What’s more, the low-bidding team claims that for a larger scale project, greater than 1.1GW, they could go as low as $23, and still achieve a rate of return of 7%. The Sweihan bid request was for a 350MW project, though bidders were invited to suggest larger projects. The Abu Dhabi Electricity and Water Authority (ADWEA) will need to decide if they are willing to expand the project.

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