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CLEAN ENERGY

Sixth phase of solar park to take care of 540,000 Dubai homes

by Blitzindiamedia
June 22, 2024
in UAE
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DUBAI: The sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park – based on the Independent Power Producer (IPP) model – is set to provide clean energy to approximately 540,000 residences in Dubai. The 1,800-MW phase will also reduce around 2.36 million tonnes of carbon emissions annually. The project is the largest single-site solar park in the world, according to a report in Khaleej Times.

The project, which was reviewed recently by Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), will cover an area of 20 square kilometer.

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5k-megawatt by 2030

The park’s capacity will exceed 5,000 megawatt by 2030, with investments totalling approximately Dh50 billion. Its development is in line the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100 pc of Dubai’s power from clean energy sources by 2050.

On his part, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, said the Dh5.5-billion sixth phase will reduce carbon emissions by 2.36 million tonnes annually.

“The completion of all phases of this massive project is expected by 2030, with a total investment of Dh50 billion. Our goal is to achieve 100 per cent clean energy for Dubai by 2050,” Sheikh Mohammed wrote on microblogging platform X.

23 global bidders

The UAE’s clean energy powerhouse was selected from 23 international bidders and offered a Levelised Cost of Energy (LCOE) of $1.6215 cents per kilowatt hour (kWh), the lowest of any of DEWA’s solar IPP model projects to date. The current total production capacity of solar projects at the park is 2,427MW. DEWA is building another project with a total capacity of 433MW. The sixth phase of the solar park will increase total production capacity to 4,660MW.

Dr Sultan Al Jaber, UAE Minister of Industry & Advanced Technology, Chairman of Masdar and COP28 President-Designate, said: “Being awarded this landmark renewable energy project on the world’s largest single-site solar park is another significant milestone for Masdar.”

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