A Masdar-led consortium has selected Canadian Solar to supply modules for the phase III of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.
Canadian Solar recently announced that it will ship 268 megawatts of solar PV modules for the 800 megawatt phase III of Dubai solar power park being developed by Masdar-EDF consortium for the Dubai Electricity and Water Authority (DEWA). The company will supply more than 800,000 modules for the project which is expected to be commissioned in 2020.
In January this year Masdar announced that construction at the project has started. The solar park current has an operational capacity of 213 megawatts – 13 megawatts from phase I and 200 megawatts from phase II developed by ACWA Power.
The phase III project remains one of the cheapest solar power projects in the world.
A Masdar Group–led consortium was confirmed as the winner of the 800 MW solar power tender that was floated by the Dubai Electricity and Water Authority (DEWA) last year. The consortium includes Fotowatio Renewable Ventures and Gransolar Group.
The phase III tender set a record for lowest-ever solar PV tariff globally at that time. The Masdar-led consortium beat the phase II winning bid of 5.84¢/kWh with a bid of 2.99¢/kWh. Masdar Group and DEWA signed the power purchase agreement for the project in November 2016.
The Mohammed bin Rashid Al Maktoum Solar Park will have an eventual installed capacity of 5 gigawatts with the next phase of 1 gigawatt capacity.