DEWA to add an added 600MW of clean energy capability to Dubai's energy mix in 2021
- DEWA's total power ability from clean energy will enhance to 1,613 MW contrasted to 1,013 MW presently
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA will certainly include 600 megawatts (MW) of clean energy capability utilizing photovoltaic or pv photovoltaic panels as well as Concentrated Solar Power (CSP) during 2021. This will certainly enhance DEWA's total power capacity from clean energy to 1,613 MW compared to 1,013 MW currently.
Al Tayer claimed that next July, DEWA will certainly appoint the 300MW first stage of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park. DEWA will certainly appoint the world's tallest CSP tower at 262.44 metres with an ability of 100MW in September and 200MW from the parabolic trough as part of the 4th stage of the solar park by the end of 2021. Therefore, DEWA will certainly include 300MW from solar photovoltaic panels as well as 300MW from CSP. Clean ability in Dubai's energy mix will certainly get to around 10% in July and 12% by the end of the year.
"At DEWA, our method and work strategies are assisted by the vision as well as regulations of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and also Ruler of Dubai, to promote sustainability, technology, and also the shift in the direction of an environment-friendly sustainable economic climate. The Mohammed bin Rashid Al Maktoum Solar Park is among DEWA's essential projects to accomplish this vision and also increase the share of clean and also renewable resource capacity in Dubai's energy mix. This supports the Dubai Clean Energy Strategy 2050, which intends to supply 75% of Dubai's complete power capacity from clean energy sources by 2050. Because its launch, the solar park's projects have obtained substantial interest from worldwide developers, which reflects the confidence of global financiers in DEWA's significant projects," said Al Tayer.
Al Tayer emphasised that DEWA's significant projects in cooperation with the private sector, based on the Independent Power Producer (IPP) design, add to the economic growth of the Emirate. Through this model, DEWA received the most affordable solar power prices (Levelised Expense of Energy) around the world 5 consecutive times, making Dubai a worldwide criteria for solar power rates. DEWA has actually attracted investments of around AED 40 billion from the IPP version.
Waleed Salman, Executive Vice President of Business Development and also Excellence at DEWA, described that the fourth stage of the Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site financial investment project that incorporates CSP as well as solar technology making use of the IPP design. It is rated for 950MW with investments approximately AED 16 billion. This phase is characterised by the largest thermal energy storage ability worldwide of 15 hours, which allows for energy manufacturing round the clock.
DEWA got the most affordable worldwide proposal of USD 1.6953 cents per kilowatt hr for the 900MW fifth stage utilizing the most up to date solar photovoltaic bifacial technologies, with Single Axis Tracking to increase energy production.