DUBAI, UAE – Dubai Electricity and Water Authority (DEWA) has invited international developers to send their Expressions of Interest (EOI) to implement the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park based on the Independent Power Producer (IPP) model.
The deadline for submitting EOIs is October 10 2022.
Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that the 900 MW sixth phase of the Solar Park will be implemented using photovoltaic solar panels.
It will become operational in stages starting from the third quarter of 2025.
“We continue to expand the projects of the Mohammed bin Rashid Al Maktoum Solar Park, which has a production capacity of 1,727 MW using photovoltaic solar panels,” Al Tayer said.
“DEWA is implementing other projects at the solar park with a total capacity of 1,133 MW using photovoltaic solar panels and concentrated solar power technologies,” he said.
“With the completion of the 900 MW sixth phase, the solar park’s production capacity will reach 3,760 MW. This will increase to 5,000 MW by 2030,” he added.
Al Tayer said that DEWA has attracted about AED 40 billion of investments through the IPP model and has achieved world records for the lowest prices for solar energy (Levelised Cost of Energy) five consecutive times, making Dubai a benchmark for solar energy prices worldwide.
The production capacity of clean energy has reached about 12.1 percent of Dubai’s total energy mix and is expected to reach 14 percent by the end of this year.
When completed, the solar park will reduce over 6.5 million tonnes of carbon dioxide emissions annually.
With total investments of AED 50 billion, it is the largest single-site solar park in the world.