ACWA Consortium Wins $3.8 Billion Dubai Solar Park Project

17 Septembre, 2017, 14:55 | Author: Marc Bacque
  • ACWA Consortium Wins $3.8 Billion Dubai Solar Park Project

The project comes as part of implementing the fourth stage of the Mohammad Bin Rashid Al Maktoum Solar Park and to support the end goals of Dubai Clean Energy Strategy 2050, said the report.

Sheikh Mohammed instructed the Dubai Police to open more centres in residential and commercial districts in Dubai to provide smart services and facilitate easy access and communication between the public and the police. The project is considered an integral part of the emirate's Clean Energy Strategy 2050.

In late June, it revealed plans to deploy new autonomous miniature patrol cars to fight crime.

His Highness' remarks came as the Dubai Electricity and Water Authority (DEWA) awarded the contract for the AED14.2 billion CSP project based on the Independent Power Producer (IPP) model. "We are proud that by demonstrating their capabilities, our local talent have proved that they are ready to assume responsibility", he added.

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Dewa's new 700MW plant, to be built by Saudi Arabia's Acwa Power and China's Shanghai Power at the cost of Dh14 billion, is a major step in the Dubai's ambition to generate 25 per cent of its energy needs from renewable sources by 2030, eventually growing to 75 per cent by 2050. And the largest single-site project will generate 700 megawatts (MW) of power when it is completed in the last quarter of 2020, parallel to the World Expo 2020 in Dubai, Xinhua reported. The project will have the world's tallest solar tower, measuring 260m. The power purchase agreement and the financial close of the deal are due to be finished shortly.

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA said: "This achievement greatly boosts our objectives and positions us as one of the leading countries of the world in terms of clean and renewable energy".

The 13-MW photovoltaic first phase became operational in 2013. The 200MW photovoltaic second phase of the solar park was launched in March 2017.

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