Solar developers have been invited to bid on the third phase of the Mohammed bin Rashid Al Maktoum Solar Park after the Dubai Electricity and Water Authority (DEWA) issued a call for Expression of Interest (EOI) for the 800 MW project.
Having secured a levelized cost of electricity (LCOE) for just $0.058/kWh in the second, 200 MW tender, this third tranche could attract similarly competitive winning bids as the 3 GW Mohammed bin Rashid Al Maktoum Solar Park takes shape.
The tender was officially opened by DEWA earlier this month, and bids will close on September 29, with commissioning of successful projects beginning in 2018 and staggered throughout the year. Development of the solar park which once complete will dramatically alter the solar landscape of the Middle East region is based on the Independent Power Producer Model (IPP).
DEWA will purchase all solar energy generated from the projects on a 25-year PPA. The power authority of Dubai has upped its renewable energy target, and has pledged to source 7% of its energy needs from clean resources by 2020, and 15% by 2030.
"We are determined to continue building and developing a greener economy, to achieve the UAE Vision 2021 to create a sustainable environment in terms of air quality, conserving water resources, more reliance on clean energy, and implementing green development," said DEWA CEO and MD Saeed Mohammed Al Tayer. "Our efforts complement the Dubai Integrated Energy Strategy 2030 to diversify energy sources to include 71% from natural gas, 15% from solar energy, 7% from clean coal, and 7% from nuclear power."
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.