Dubai Electricity and Water Authority (DEWA) has received 21 requests for qualification (RFQs) from international energy companies and conglomerate for the 800MW Mohammed bin Rashid Al Maktoum Solar Park.
Under the Independent Power Producer (IPP) model, the solar park features an innovation hub that contains several research and development in clean energy and will watch over research and development projects. The second project of the Solar Park is expected to be functional in April 2017.
Four months ago, DEWA entertained 95 expressions of interest (EOIs) from international energy companies while the tender of the project tender is scheduled to be out in January 2016.
The importance and interest that the project is receiving from different companies around the world mirrors the firm global trust in DEWA as well as the emirate in general. DEWA’s strategy focuses on generating from clean resources the 7% of Dubai’s energy by 2020, 25% by 2030, and 75% by 2050.
The Mohammed bin Rashid Al Maktoum Solar Park is the biggest single-site solar project in the world. It is planned to supply 1,000MW by 2020 and 5,000MW by 2030, with total outlay of $13.6billion (AED50 billion).
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