The first project of the fifth phase was launched in the "solar energy" complex with a capacity of 300 megawatts

Mohammed bin Rashid: Everyone in Dubai succeeds and wins.. and the next is more beautiful and greater

• Mohammed bin Rashid during his inspection of the first project within the fifth phase of the complex.

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, stressed that everyone in Dubai succeeds and profits, and that the future is always more beautiful and greater, noting that Dubai has attracted 40 billion dirhams, investments from the private sector to produce energy in Dubai, as a result High confidence in the emirate's economic future.

His Highness Sheikh Mohammed bin Rashid Al Maktoum inaugurated the first project within the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Energy Complex, with a capacity of 300 megawatts, and in its final stages reaching 900 megawatts, with investments estimated at 2.058 billion dirhams, in the Mohammed bin Rashid Complex. Al Maktoum Solar, the world's largest single-site solar park.

His Highness said, via tweets on Twitter: "We have a new model for energy production in partnership with the private sector in Dubai... We have attracted 40 billion dirhams of investments from the private sector to produce energy in Dubai, as a result of high confidence in the emirate's economic future... We tell them: Everyone succeeds. And he wins in Dubai... and the next is always more beautiful and greater.”

His Highness added: "Thank God, we have launched one of the phases of the Mohammed bin Rashid Solar Energy Complex - the largest in the world in one location - the phase represents 300 megabytes, and is sufficient for 90,000 homes... Our goal for the huge project is 5,000 megabytes, before 2030, God willing... Energy Cleanliness in Dubai will constitute 13% before the end of the year, and our target is 75% before 2050, and we are proceeding according to our plan successfully.”

The production capacity of the Mohammed bin Rashid Al Maktoum Solar Energy Complex is scheduled to reach 5,000 megawatts by 2030, as the complex projects implemented by the Dubai Electricity and Water Authority (DEWA) on the independent product system, constitute one of the most important tracks of the Dubai Clean Energy Strategy 2050, which was launched by His Highness with the aim of providing 75 % of Dubai's total energy production capacity, from clean energy sources by 2050.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, during his visit to the Mohammed bin Rashid Al Maktoum Solar Energy Complex, also launched a project to study electricity generation through wind energy in the Hatta region, where the Dubai Electricity and Water Authority identified the site of a wind farm with a total capacity of about 28 megawatts. The actual wind speed is currently being measured for a whole year at the location that was determined, using a metal tower 150 meters high, to collect accurate data, study the total capacity of the power plant, and other technical details, in terms of the number of turbines, the capacity of each, and their annual working hours , and other important points for the implementation of the project.

His Highness was accompanied at the inauguration ceremony by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Media Council, and His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy. And Director General of the Court of His Highness the Ruler of Dubai, Mohammed Ibrahim Al Shaibani.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Managing Director and CEO of Dubai Electricity and Water Authority, Saeed Mohammed Al Tayer, and members of the Dubai Supreme Council of Energy were received by Daoud Al Hajri, Director General of Dubai Municipality, and Abdullah bin Kalban, Managing Director of Emirates Global Aluminium. Saif Humaid Al Falasi, CEO of ENOC Group, Executive Director of Strategy and Corporate Governance at the Roads and Transport Authority, Nasser Boushehab, Chairman of ACWA Power, Mohammed Abdullah Abu Nyan, and Consul General of the People’s Republic of China in Dubai, Li Shuhang.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority, listened to an explanation of the implementation stages of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Energy Complex, with an independent product system, with a production capacity of 900 megawatts. , using two-sided photovoltaic solar panels, which allow the use of reflected sunlight on the front and back sides, with a single-axis solar tracking system, to increase energy productivity, in partnership with the coalition led by ACWA Power and the Gulf Investment Corporation “the best coalition” to implement the fifth phase. The Dubai Electricity and Water Authority has achieved a global achievement by obtaining the lowest global competitive price of 1.6953 US cents per kilowatt-hour for this stage. The authority also received 60 qualification requests from international developers to implement the project.

Al Tayer explained that the inauguration of this phase raises the total production capacity of the authority of clean energy to 1,310 megawatts, bringing the proportion of clean energy production capacity within the energy mix in Dubai to about 10% currently, as the production capacity of the authority has increased to 13,200 megawatts of electricity, and 490 million gallons of desalinated water per day. The total production capacity of the authority of clean energy will reach 13.3% of the total production capacity before the end of the year, with the inauguration of the highest tower of concentrated solar energy in the world, 262.44 meters high, with a capacity of 100 megawatts, within the fourth phase of the complex, and the inauguration of the first part of the reflectors system A parabola with a capacity of 200 megawatts and 217 megawatts of photovoltaic technology within the same phase, thus the authority will add 517 megawatts of photovoltaic technology and concentrated solar power.

Al Tayer said: “At DEWA, ​​our strategies and action plans are inspired by the insightful vision and sound 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 and innovation, and the transformation towards a sustainable green economy. Generating electricity by utilizing wind energy to complement our efforts to diversify sources of clean energy production, which included all clean and renewable energy technologies in the Emirate of Dubai, such as photovoltaic panels technology, concentrated solar energy, green hydrogen production using renewable energy, and water energy technology stored in the hydroelectric plant project In the Hatta region, which is the first of its kind in the Arabian Gulf region.”

He added: "Since its launch, the Mohammed bin Rashid Al Maktoum Solar Park has received wide attention from global developers, which reflects the confidence of investors from all over the world in the major projects implemented by the authority, in cooperation with the private sector, according to the independent product model, and contributes to Promote economic growth in the emirate.

Through this model, DEWA has achieved world records in the lowest prices for solar energy projects for five consecutive times, and Dubai has become a benchmark for solar energy prices worldwide, and the Authority has attracted about 40 billion dirhams of investments through the Independent Energy Producer model.

A new world achievement

For his part, ACWA Power Chairman Mohammed Abdullah Abunayan said: “ACWA Power stands out as a Saudi company at the forefront of global efforts in the field of energy transition, and from this point of view, and based on our well-established strategic relationship with Dubai Electricity and Water Authority, the launch of The first project of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Energy Complex in record time, and in less than 12 months, to confirm our commitment to implementing our mission, despite the challenges imposed by the pandemic, and with the aim of supporting Dubai Electricity and Water Authority in achieving its ambitious vision, by strengthening the ecosystem For the green economy in Dubai, and the adoption of innovative solutions for sustainability, which are the areas in which we have confirmed our leadership through our portfolio of projects that spread in 13 countries, on three continents, stressing the commitment of ACWA Power to support the development of pioneering sustainable development plans in the Emirate of Dubai.

• The increase in the production capacity of clean energy in Dubai to 10% and reach 13.3% by the end of this year.

Mohamed Ben Rached:

• "We have attracted 40 billion dirhams of investments for energy production in Dubai, as a result of the high confidence in the emirate's economic future."

• “Clean energy in Dubai will constitute 13% before the end of the year, and our goal is 75% before 2050, and we are proceeding according to our plan successfully.”

Saeed Al Tayer:

• «The fifth phase of the complex contributes to strengthening Dubai's leading global position in renewable energy projects».

Providing energy for more than 270,000 homes

In November 2019, the Dubai Electricity and Water Authority announced the selection of the consortium led by ACWA Power and the Gulf Investment Corporation (the best coalition) to implement the fifth phase. The Dubai Electricity and Water Authority established Shuaa Energy-3 to implement the project, and it owns 60% Of its shares, in partnership with the consortium led by ACWA Power and the Gulf Investment Corporation, which owns 40% of the remaining shares of the company.

The project uses the latest technology of two-sided photovoltaic solar panels, which allows the use of sunlight reflected on the front and back sides, with a single-axis solar tracking system, to increase energy productivity.

The fifth phase of the complex will provide clean energy to more than 270,000 homes in Dubai, of which about 90,000 homes will be provided by the first project launched from this phase, and will contribute to reducing 1.18 million tons of carbon emissions annually, and it will be operated in stages until 2023.

Beat the challenges

Ibrahim Ali Al-Qadi, CEO of the Gulf Investment Corporation, said: “The Corporation is proud of its partnership with the Government of Dubai, represented by the Dubai Electricity and Water Authority, and the Saudi Aquapower Company, in developing the fifth phase project of the Mohammed bin Rashid Al Maktoum Solar Energy Complex, and operating the first phase of the project. In record time, in light of the Corona pandemic.”

He added: "Gulf Investment Corporation is a major investor in the energy sector in the region, with projects totaling more than $11 billion, and it will continue its primary role in investing in future projects in the Arabian Gulf."

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