5th 900 MW stage of 5 GW solar park progresses in Dubai
- The $570 million 5th stage of the project will certainly offer power at $0.016953/ kWh under a 25-year power acquisition arrangement. It is arranged to go on the internet in the 2nd quarter of 2021.
The Dubai Water and also Electricity Authority (DEWA) has actually authorized a 25-year power acquisition contract with Saudi Arabia's ACWA Power for the 5th stage of the enormous Mohammed container Rashid Al Maktoum Solar Park.
ACWA Power stated that the 900 MW project will certainly make use of bifacial photovoltaic panels and also will certainly call for an overall financial investment of about $570 million. It won a tender for the large PV project in November with a quote of $0.016953/ kWh.
DEWA originally obtained propositions from 64 prospective buyers. The substantial solar project is anticipated to start industrial procedures in the 2nd quarter of 2021.
ACWA Power will certainly have 40% of the business running the project, while DEWA will certainly hold the staying 60%. DEWA stated in November that the 5th stage of the solar park will certainly be appointed in phases from the 2nd quarter of 2021.
Concerning 1,013 MW of the 5 GW solar park is presently functional. The very first 13 MW stage was adhered to by a 200 MW 2nd stage and also a 3rd stage with 800 MW of solar ability. UNITED STATE thin-film module manufacturer First Solar created the initial stage in late 2013, while the 2nd stage of the huge PV plant was created by ACWA Power and also Spanish design providers TSK.
French power gigantic EDF started service the 3rd 800 MW stage in 2017. This area of the project will certainly market power to DEWA at a price of $0.029/ kWh.
The 4th stage, which was initially indicated to include 700 MW of focused solar energy capability (CSP), however was later on increased with 250 MW of PV ability, is being established by ACWA Power. The PV section of the 4th stage will certainly market electrical power for $0.024/ kWh. For the CSP dewa, acwa as well as area have actually settled on a price of $0.073/ kWh.
The whole Mohammed container Rashid Al Maktoum Solar Park, which is likewise readied to consist of massive storage space capability and also hydrogen centers, is arranged for conclusion by 2030.