⚙Ingeteam Wins Inverter Deal For 1.2 Gigawatt Abu Dhabi Solar Project.
The project was allocated to a consortium of Marubeni and JinkoSolar at the lowest tariff bid at that time. The two companies provide 20% equity funding each while Abu Dhabi Water & Electricity Authority will arrange for 60% finance through debt.
The project will be spread across 7.8 square kilometers and is scheduled to be commissioned in 2019. The project will be one of the largest solar power projects developed by a single entity (Marubeni-JinkoSolar JV, in this case) at a single location. CleanTechnica