Lebanon Lebanon

Energy Library

Theme(s): Energy Outlook

Tag(s): UAE , DEWA , Energy

Dubai Electricity and Water Authority (DEWA) organised a special conference at its headquarters to give an overview for local and international bidders about the latest developments of the 1,800MW 6th phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park, using photovoltaic solar panels. The 6th phase will become operational in stages between 2024 and 2026.

Following the conference, DEWA took the attendees on a tour around the solar park, which is the largest single-site solar park in the world, using the Independent Power Producer (IPP) model, with a production capacity that will reach 5,000 MW by 2030. When completed, the Solar Park will reduce more than 6.5 million tonnes of carbon dioxide emissions annually.

Saeed Mohammed Al Tayer, MD & CEO of DEWA, highlighted that the increasing interest in the solar park reflects the confidence of investors from around the world in DEWA’s major projects in collaboration with the private sector using the IPP model. It also affirms its success in strengthening the leadership of Dubai and the UAE in generating clean and renewable energy. DEWA has achieved world records for the lowest solar energy prices (Levelised Cost of Electricity) for five consecutive times, making Dubai a global benchmark for solar power prices.