Top five facts: Mohammed bin Rashid solar park
Vice President and Prime Minister of the UAE and Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum, witnessed the MoU signing for the phase three of solar park
A Memorandum of Understanding (MoU) was signed between UAE Minister of State and chairman of Masdar, Dr Sultan Ahmed Al Jaber, and managing director and CEO of Dubai Electricity and Water Authority (DEWA), Saeed Mohammed Al Tayer, for the implementation of the 800-megawatt (MW) third phase of the Mohammed bin Rashid Al Maktoum Solar Park.
In the presence of Vice President and Prime Minister of the UAE and Ruler of Dubai, H H Sheikh Mohammed bin Rashid Al Maktoum, the MoU signing took place at the Presidential Palace in Abu Dhabi and was also attended by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance and HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs.
HH Sheikh Mohammed bin Rashid Al Maktoum praised the partnership, which supports the UAE’s efforts to become a leading role model for development in the region and around the world.
His Highness commended DEWA and Masdar for driving the UAE’s leading position in clean and renewable energy as well as the energy sector.
Five facts you need to know about the solar park:-
1. Masdar to implement third phase of solar park
The 800MW third phase will be constructed based on the Independent Power Producer (IPP) model.
The selected bidder for the project is a Masdar-led consortium including the Spanish companies FRV (Fotowatio Renewable Ventures) and Gransolar Group.
H E Dr Sultan Ahmed Al Jaber said: “Masdar is proud to have been chosen to develop the third phase of the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai. The significant scale and competitive cost of this project are a clear signal that solar energy is a reliable and commercially viable technology.
“The selection of the Masdar-led consortium to develop this project is a testament to the company’s experience and track record over the last decade. It also reinforces Abu Dhabi and Masdar’s growing contribution to the development of the renewable energy industry, both domestically and internationally."
2. 800MW to be implemented in three phases
The 800MW third phase of Mohammed bin Rashid Al Maktoum solar park will be developed in three phases over a period of three years.
Each year will see the implementation of 300MW, 300MW and 200MW, for the phase to be operational by 2020.
HE Saeed Mohammed Al Tayer of DEWA said: "The park supports the UAE Vision 2021, to transform the UAE into one of the greatest countries in the world by 2021. It is the largest single-site solar park in the world, and will produce 5,000MW by 2030 with a total investment of $13.6bn (AED50bn).”
3. DEWA received lowest bid of 2.99 US cents kWh
The Masdar consortium beat four contenders for the third phase at a lowest bid of 2.99 US cents per kilowatt hour (kWh).
This follows the second phase, which totalled 200MW - and also saw a then world record broken at 5.84 US cents per kWh from Saudi Arabia’s Acwa Power and its Spanish partner TSK.
HE Saeed Al Tayer said: “Dewa received several offers from international solar energy companies, reflecting the trust and interest from investors in large projects adopted by the Dubai government.
"Encouraged by the favourable existing regulations and legislation in Dubai that permit private sector partnerships in power production projects in the emirate, the third phase of the solar park is the first project of its kind in the region with this capacity.”
4. Second phase of the solar park to be operational by April 2017
The second phase of the plant, to be built over an area of almost 4.5 million sqm, will begin operations in April 2017.
Panel manufacturer First Solar won the engineering, procurement and construction (EPC) contract for the 200-megawatt phase, believed to be worth $200m.
The US_based company confirmed that it will supply 2.36 million modules for the plant.
5. First phase of the solar park operational in 2013
The first phase of the solar park, in Seih Al-Dahal, about 50km south of the city of Dubai, was the 13 MW solar farm that had been constructed by First Solar in 2013.
The Mohammed bin Rashid Al Maktoum Solar Park is one of the world's largest renewable project based on an independent power producer (IPP) model.
The total capacity of the entire project is planned to reach 3,000 MW.