Dubai Electricity and Water Authority (DEWA) has received five bids from international solar energy firms to operate the third phase of the Mohammed bin Rashid Al Maktoum Solar Park, its CEO has announced.
The lowest of the five bids was 2.99c (US) per kilowatt hour, according to state news agency WAM. The next stage of the process will involve a review of the technical and commercial aspects of the bids to select the next one.
DEWA manages and operates the solar park, which is one of the largest renewable energy projects in the region. It has a planned capacity of 5,000 megawatts (MW) by 2030 and total investment of $13.6 billion and is intended to help the emirate save 6.5 million tonnes of carbon emissions per year.
The 13 megawatt (MW) first phase became operational in 2013 and a consortium led by Saudi Arabia’s ACWA and Spain’s TSK was selected to implement the 200MW second phase, intended to be operational by 2017.
DEWA aims to have solar capacity of 1,000 megawatts by 2020 and 3,000 megawatts by 2030 across Dubai.
Saeed Mohammed Al Tayer, managing director and CEO of DEWA was quoted on WAM as saying: “DEWA is able to keep up with developments in energy…based on its success in implementing the Dubai Clean Energy Strategy 2050, which has targets to provide 7 percent of Dubai’s total power output from clean energy sources by 2020. This target will increase to 25 percent by 2030 and 75 percent by 2050.”
He continued: “This strategy includes initiatives such as the Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site project to generate electricity from solar energy in the world.”For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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