Dubai, UAE: HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) reviewed the progress on the 300 megawatt (MW) second stage of the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. DEWA is implementing this phase using the Independent Power Producer (IPP) system in partnership with a consortium led by Abu Dhabi Future Energy Company (Masdar) and EDF Group, through its subsidiary, EDF Énergies Nouvelles.

The solar park supports the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote sustainability and transform Dubai into a global hub for clean energy and green economy. It also helps achieve the objectives of the Dubai Clean Energy Strategy 2050 to provide 75% of Dubai's power output from clean energy sources by 2050.

During the visit, Al Tayer was accompanied by Waleed Salman, Executive Vice President of Business Development and Excellence at DEWA; Dr Yousef Al Akraf, Executive Vice President of Business Support and Human Resources at DEWA; Jamal Shaheen Al Hammadi, Vice President of Clean Energy & Diversification at DEWA; and a number of DEWA officials.

DEWA is building the 800 MW third phase of the solar park using photovoltaic (PV) technology, in three stages, on a total area of 16 square kilometres. The first stage with a capacity of 200MW became operational in May 2018. The 300MW third stage will become operational in the first half of 2019, and the 300MW final stage will become operational in the first half of 2020. DEWA recorded a new world record in the cost of photovoltaic solar energy for this phase of the solar park at a Levelised Cost of Energy (LCOE) of USD 2.99 cents per kilowatt hour, using photovoltaic solar panels, based on the IPP model.

Representatives from Shuaa Energy 2, which is established and 60% owned by DEWA, briefed Al Tayer on the progress of the 300MW second stage of the third phase. Al Tayer emphasised the need to adhere to the highest standards of health, safety, and quality in the project, and executing it according to schedule.

DEWA launched Shuaa Energy 2 in partnership with the Masdar-led consortium, and Électricité de France (EDF), through its subsidiary, EDF Energies Nouvelles. The consortium owns the remaining 40% of the company; Masdar owns 24% and EDF Energies Nouvelles owns 16%. The international consortium led by the renewable energy contractors GranSolar and Acciona from Spain and Ghella from Italy, are handling the engineering, procurement, and construction (EPC).

Al Tayer also visited the 200MW first stage of the third phase. This solar plant is the first of its kind in the MENA region with an advanced solar tracking system to increase generation efficiency by 20-30% when compared to fixed installations. It also uses unique technologies including over 800,000 self-cleaning solar cells using robots to maintain a high-performance level. The project provides over 60,000 residences with electricity, reducing over 270,000 tonnes of carbon emissions every year.

The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world, based on the IPP model. It will generate 5,000MW by 2030. The 13MW photovoltaic first phase became operational in 2013. The 200MW photovoltaic second phase of the solar park was launched in March 2017. The 800MW photovoltaic third phase will be operational by 2020, and the first stage of the 700MW CSP fourth phase will be commissioned in Q4 of 2020.

-Ends-

For more information, please contact:

Ribal Dayekh or Mosaad Abdelrahman                                           Joumana El Tarabulsi or Joyce Mourad

Dubai Electricity and Water Authority                                            Publinet

+971 4 322 2405 or +971 4 322 3833                                            +971 58 2221631 or +971 56 3757729

ribal.dayekh@dewa.gov.ae                                                                  joumana@cbpr.me

mosaad.abdelrahman@dewa.gov.ae                                                  joyce@cbpr.me

© Press Release 2018

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.