24 Jan '15, 4pm

5 takeaways from the 8th World Future Energy Summit

“I think you have to look at it as an apples and oranges bid when you look at the LCOE with which ACWA won and projects elsewhere,” said Rockwell. “It is a government initiated tender, the government is a partner in the deal, it is highly leveraged in terms of financing, it is very low cost financing, there is no cost for the land, it is on a site that has already been prepped for this type of construction, the company that won the bid is rushing towards an IPO, and the project is two years away!” Because of these factors Rockwell says the cost structure of the project is “profoundly different” to those in other parts of the world and therefore misleading to developers and MENA governments alike.

Full article: http://www.pv-magazine.com/news/details/beitrag/5-takeawa...

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