Saudi Arabia Aims to Offer World's Lowest Solar Power Costs
Saudi Arabia Aims to Offer World's Lowest Solar Power Costs
JOHANNESBURG--August 26, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Saudi Arabia plans to offer the lowest levelized cost of energy (LCOE) for solar power. LCOE is a calculation of the cost to generate electricity at the point of connection to a load or electricity grid over the lifetime of a project. It includes the initial capital discount rate and the costs of continuous operation, fuel and maintenance.
Within this article: Details on solar power costs in Saudi Arabia.
Other companies featured: First Solar (NASDAQ:FSLR)
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