Decreasing prices in solar power could provide opportunities for oil-poor countries “Costs have halved in just three years,” energy consultant Robin Mills noted last week , “meaning solar can now beat all conventional generation apart from the very cheapest gas.” Mills cited the bids in Jordan’s recent solar auction, which were just over 6 US cents per kilowatt-hour. These were just slightly above the record 5.84 cents from Acwa Power last November for the 200 MW second phase of Dubai’s Mohammed bin Rashid Al Maktoum solar park. It could be Egypt’s turn next, Mills suggested, as the North African country struggles with a gas and power crisis and is reportedly working on 6,500 MW of solar deals. “Petroleum-poor countries such as Jordan should seize the opportunity now to boost their economic and energy security,” Mills, the head of consulting for Dubai-based Manaar Energy, urged in an article for Abu […]