UAE – Mubasher: The Dubai Electricity and Water Authority (DEWA) has announced that the consortium led by ACWA Power and Gulf Investment Corporation is the preferred bidder to build and operate the fifth phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park.
The consortium will build and operate the 900 megawatts (MW) phase using photovoltaic (PV) solar panels based on the Independent Power Producer (IPP) model, according to the Emirates News Agency (WAM).
"We support the Dubai Clean Energy Strategy 2050 to provide 75% of Dubai’s total power output from clean energy by 2050 and make Dubai the city with the lowest carbon footprint in the world," DEWA’s CEO Saeed Mohammed Al Tayer said.
The fifth phase is projected to increase the solar park’s production capacity to 2,863 MW, WAM reported.
Al Tayer commented: "The 900 MW 5th phase of the solar park using PV solar panels based on the IPP model will become operational in stages starting Q2 of 2021. The project documents, Power Purchase Agreement (PPA), and financial close agreements will be signed in due course."
The current total production capacity of solar projects at the solar park is 713 MW. DEWA is building three other projects with a total capacity of 1,250 MW.