Dubai Electricity and Water Authority (DEWA) said on Monday that it has received the lowest international bid of 9.45 US cents per kilowatt hour (kW/h) for the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park.
Four bids for the 200MW plant were opened at DEWA's head office, the state utility firm said in a statement, without disclosing the winning bidder.
DEWA said the fourth phase of the giant solar park will be operational by April 2021, with other solar projects eventually generating a total of 1,000MW in Dubai by 2030.
The park will support the Dubai Clean Energy Strategy 2050 which aims to provide 7 percent of Dubai’s total power output from clean energy by 2020, 25 percent by 2030, and 75 percent by 2050.
"This will transform Dubai into a global hub for clean energy and a green economy. The UAE’s focus on renewable energy generation has led to a drop in prices worldwide and has lowered the price of solar and wind power bids in Europe and the Middle East," said Saeed Mohammed Al Tayer, managing director and CEO of DEWA.
The 13MW photovoltaic first phase of the solar park became operational in 2013 while the 200MW photovoltaic second phase was launched in March. The 800MW third phase will be operational by 2020.
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