HE Saeed Mohammed Al Tayer, General Manager and CEO of Dubai Electricity and Water Authority (DEWA), announced that the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park is the first of its kind. The project’s capacity has been increased from 300 megawatts (MW) to 330 MW.
This is the result of using the latest solar photovoltaic bifacial technology and single-axis tracking to increase energy production.The fifth phase of 900MW, with an investment of 2.058 billion dirhams, has been 60% completed, with 4.225 million safe working hours and no casualties.
“At DEWA, we work in accordance with the vision and direction of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote sustainable development and innovation and transform into sustainable green economy by increasing the share of clean and renewable energy. This achieves Dubai’s 2050 Clean Energy Strategy and Dubai’s Net-Zero Carbon Emissions Strategy to generate 100% of Dubai’s total electricity generation from clean energy by 2050. Mohammed bin Rashid Al Maktoum Solar Park is the largest single point solar park in the world in Dubai and is our largest project to realize this vision. It has a planned capacity of 5,000 MW by 2030. Clean energy share currently accounts for Dubai 11.38% of the energy mix, and will reach 13.3% by the first quarter of 2022. The solar park currently has a capacity of 1527 MW using solar photovoltaic panels. In addition to the future phase of 5,000 MW by 2030, DEWA is implementing more The project, with a total capacity of 1,333 MW, uses solar photovoltaics and concentrated solar power (CSP),” said Al Tayer.
“Since its launch, projects in the solar park have received significant interest from developers around the world, reflecting the confidence of investors from around the world in DEWA’s major projects using the Independent Power Producer (IPP) model in partnership with the private sector. Through this With this model, DEWA has attracted investment of around Dh40 billion and achieved the world’s lowest solar price for the fifth time in a row, making Dubai the benchmark for global solar prices,” added Al Tayer.
Waleed Bin Salman, executive vice-president of business development and excellence at DEWA, said work on the fifth phase of the solar park is progressing according to the target schedule.The second project is now 57% complete.He noted that the fifth phase will provide clean energy to more than 270,000 homes in Dubai and will reduce carbon emissions by 1.18 million tons per year.It will be operational in stages until 2023.
In November 2019, DEWA announced the consortium led by ACWA Power and Gulf Investments as the preferred bidder for the construction and operation of the 900 MW Mohammed bin Rashid Al Maktu using photovoltaic solar panels based on the IPP model Mu Solar Park Phase 5.To implement the project, DEWA has partnered with a consortium led by ACWA Power and Gulf Investments to establish Shuaa Energy 3.DEWA owns 60% of the company and the consortium owns the remaining 40%.DEWA achieved the lowest bid of 1.6953 cents per kilowatt-hour (kW/h) at this stage, a world record.
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Post time: Jan-18-2022
