(Bloomberg) -- The world's biggest photovoltaic solar plant has started commercial operations in Abu Dhabi, according to JinkoSolar Holding Co.
The 1.2-gigawatt Sweihan project is connected to the grid and can meet the electricity demand of more than 90,000 people, China-based JinkoSolar, the world's biggest maker of panels, said in a statement on its WeChat account Wednesday. It is expected to reduce carbon dioxide emissions by 1 million tons a year.
The project is owned by a joint venture between JinkoSolar, Japan's Marubeni Corp. and the Abu Dhabi Water & Electricity Authority.
Marubeni and JinkoSolar offered to build the project in 2016 with a record-low bid at that time of 2.42 cents a kilowatt-hour.
To contact Bloomberg News staff for this story: Feifei Shen in Beijing at fshen11@bloomberg.net
To contact the editors responsible for this story: Ramsey Al-Rikabi at ralrikabi@bloomberg.net, Jasmine Ng, Aaron Clark
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