The fifth phase provides clean energy to more than 270,000 homes in Dubai
Raising the capacity of the first project in "Mohammed bin Rashid Solar Energy" to 330 megawatts
The production capacity of the Mohammed bin Rashid Solar Energy Complex will reach 5,000 megawatts by 2030. Archive
Saeed Mohammed Al Tayer: "Dubai has become a benchmark for solar energy prices worldwide."
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Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority, announced that the production capacity of the first project within the fifth phase of the "Mohammed bin Rashid Al Maktoum Solar Park" has increased from 300 megawatts to 330 megawatts, as a result of using the latest technologies of dual solar photovoltaic panels. Dials that allow the use of reflected sunlight on the front and rear faces, with a single-axis solar tracking system, for increased energy yield.
The overall completion rate for the fifth phase, which will have a total capacity of 900 megawatts, with investments estimated at about two billion and 58 million dirhams, reached about 60%, while the total number of safe hours reached about four million and 225 thousand safe working hours without human injuries.
green economy
Al Tayer said: "We are working within the framework of the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote sustainability, innovation and transformation towards a sustainable green economy, by increasing the percentage of clean and renewable energy, to achieve the objectives of the Dubai Clean Energy Strategy. 2050, and the Dubai Carbon Neutrality Initiative, to provide 100% of the energy production capacity from clean energy sources by 2050.”
He continued, "The Mohammed bin Rashid Al Maktoum Solar Energy Complex is our largest project to achieve this vision, as its production capacity will reach 5,000 megawatts by 2030."
He added: "Since its launch, the complex has attracted wide interest from international developers, which reflects the confidence of investors in the major projects implemented by the authority, in cooperation with the private sector, according to the independent product model."
He explained that through this model, the authority attracted about 40 billion dirhams of investments, and achieved world records for the lowest prices for solar energy projects for five consecutive times, and Dubai has become a benchmark for global solar energy prices.
level five
For his part, Executive Vice President of Business Development and Excellence Sector at the Authority, Engineer Walid bin Salman, said that the fifth phase will provide clean energy to more than 270,000 homes in Dubai, and will contribute to reducing 1.18 million tons of carbon emissions annually, and will be operated in stages until year 2023.
The best coalition
In November 2019, the authority announced the selection of a consortium led by ACWA Power and the Gulf Investment Corporation as the "best consortium" to implement the fifth phase of the complex.
Shuaa Energy-3 was established to implement the project, and it owns 60% of its shares, in partnership with the consortium, which owns 40% of the remaining shares.
The authority has achieved a global achievement by obtaining the lowest global competitive price of 1.6953 US cents per kilowatt-hour for this stage.
Clean energy in Dubai
The percentage of clean energy production capacity in Dubai is 11.38% of the total energy mix, and this percentage will reach 13.3% during the first quarter of 2022.
The capacity of the solar energy projects that have been operated at the Mohammed bin Rashid Al Maktoum Solar Energy Complex is 1,527 megawatts, using photovoltaic solar panels.
Dubai Electricity and Water Authority has 1,333 megawatts projects under implementation, with photovoltaic panels and concentrated solar power, in addition to other future stages to reach 5,000 megawatts by 2030.
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