Dubai launches $3.26bn solar power project
Production to being by Q4 2013, full capacity to be reached by 2030
Dubai has approved plans to build a $3.26bn, 100MW solar energy project that is expected to help the emirate reduce its carbon footprint and reduce its fossil fuel dependency, it was announced on Monday.
The project, which is scheduled to begin generating electricity by the end of 2013, will be operated under the supervision of the state utility company, the Dubai Electricity and Water Authority (DEWA).
However, it will be fully funded by the Dubai Supreme Council of Energy, the vice chairman of the council said at a press conference on Monday.
Sayed Al Tayer added that an international tender would be held by June of 2012 to award contracts for the project.
Extending over 40km2, the project expects to begin operations by the fourth quarter of 2013, said Walid Salman, a member of DSCE.
“Production will be 10MW by the fourth quarter of 2013, and will go up to 100MW by 2030,” he added.
The approval of the plans for the project follows on from Dubai’s stated aim to generate 5% of its electricity using renewable energy by 2030.
In 2011, Al Tayer had outlined a broad plan for the emirate – the Dubai Integrated Energy Strategy 2030 – which would help it achieve its target 5%.
Furthermore, under the plan, Dubai would aim to generate 71% of its electricity using gas, and 12% using coal, a further 12% by nuclear power and 5% by solar energy.
On Monday, Al Tayer added that Dubai would devote all necessary resources to ‘realise the sustainable supply of and demand for water and energy, in support of all sectors of the local economy, from trade to transport to tourism,” a Zawya Dow Jones report said.