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Dubai Electricity and Water Authority

Canadian Solar Ships 268 Megawatts Solar Panels For Dubai Solar Park Phase III

written by saurabh

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.

05/31/2017 0 comment

Renewable Energy

Marubeni Reveals Plans For 1.18 Gigawatts Solar Power Project In UAE

written by saurabh

A Japanese company has reported that it will work on one of the largest solar power projects in the Middle East.

Marubeni recently announced plans of developing a 1.18 gigawatts solar power project in the United Arab Emirates. According to a press release issued by the Japan-based company, the project will come up in the emirate of Abi Dhabi.

The project will come up in eastern Abu Dhabi over an area of 7.8 square kilometres. Final agreements for the project are expected to be signed very soon with commissioning scheduled for 2019. Marubeni estimates the total project cost at $868 million with various stakeholders contributing towards funding the project.

Abu Dhabi Water & Electricity Authority will arrange for 60% finance through debt (likely at very low interest rates), Marubeni and JinkoSolar will provide for 20% of the funding each.

It should be noted that Abi Dhabi had awarded a 350 megawatts solar PV project to a joint venture of Marubeni and China’s JinkoSolar at record tariff of 2.42¢/kWh last year. The tariff was the lowest-ever quoted for a solar power project globally at that time. The 350 megawatts tender was believed to be the first phase of 1,000 megawatts solar park.

It is not, however, clear if the Abu Dhabi Water & Electricity Authority has offered to entire solar power capacity of the planned solar power park for development to JinkoSolar-Marubeni joint venture. There has been such a precedent in the country.

Dubai Electricity and Water Authority (DEWA) had offered 100 megawatts capacity in the second phase auction of Mohammed bin Rashid Al Maktoum Solar Park. The auction was won by ACWA Power at record-low tariff of 2.99¢/kWh. DEWA subsequently offered additional 100 megawatts to ACWA Power for development at the same tariff. ACWA Power is now developing a total of 200 megawatts capacity at the solar power park.

02/20/2017 0 comment

Renewable Energy

PPA Signed For 800 MW Dubai Solar Power Project At US¢2.99/kWh

written by saurabh

The iconic third phase of the Mohammed bin Rashid Al Maktoum Solar Park moved another step closer to being a reality after a power purchase agreement was signed for the project.

Dubai Electricity and Water Authority (DEWA) recently signed a power purchase agreement for the 800 MW project with Abu Dhabi-based Masdar Group.

In June, 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 800 MW phase III of the Mohammed bin Rashid Al Maktoum Solar Park will be commissioned by 2020 and will add to the existing 13 MW and the under-development 200 MW of capacity. 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.

A fourth phase of the solar power park was announced by DEWA recently, which will have an installed capacity of 1 GW.

Initially, the Authority received as many as 95 expressions of interest. Many prospective bidders are believed to have formed joint ventures for the subsequent rounds of bidding, with around 20 left in the fray at the end of last year. These included biggies like SunEdison, ACWA Power, JinkoSolar–RWE, REC Solar, and Engie.

11/30/2016 1 comment

Renewable Energy

First Solar To Complete 200 MW Dubai Solar Power Project By 2017

written by saurabh

The second phase of the iconic Mohammed bin Rashid Al Maktoum solar power park will be complete next year, First Solar recently reported.

US-based solar modules manufacturer and developer First Solar announced that it will commission the 200 MW solar power capacity at the Dubai solar power park next year. The company is working under contract from Saudi Arabia-based ACWA Power which secured the right to develop the project through a competitive auction.

First Solar will reportedly provide 2.36 million modules that will be installed over an area of 450 hectares.

First Solar had also worked on the first phase of the solar power park which has an installed capacity of 13 MW. Auction for 100 MW second phase of the solar power park was won by a consortium of ACWA Power and TSK at record tariff bid of US¢5.84/kWh. The Dubai Electricity and Water Authority then offered another 100 MW capacity to the consortium.

The initial installed capacity target for Mohammed bin Rashid Al Maktoum Solar Park was set at 1 GW by 2019. However, last year, DEWA announced that it would boost the park’s capacity to 3 GW by 2030, with a total estimated investment of $3 billion.

The solar power park is central to DEWA’s target to source 7% of Dubai’s total power output from renewable energy sources by 2020, and 15% by 2030.

10/23/2016 0 comment

Renewable Energy

Dubai Confirms Masdar-led Consortium As Winner Of 800 MW Solar Power Tender

written by saurabh

Dubai Electricity and Water Authority gave official confirmation about the winners of the 800 MW phase III of the Dubai solar power park.

A Masdar Group-led consortium was confirmed as the winner of 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 800 MW phase III of the Mohammed bin Rashid Al Maktoum Solar Park will be commissioned by 2020 and will add to the existing 13 MW and under-development 200 MW capacity. The phase III tender set another record for lowest-ever solar PV tariff globally. The Masdar-led consortium beat the phase II winning bid of US¢5.84/kWh with a bid of US¢2.99/kWh.

A fourth phase of the solar power park was announced by DEWA recently which will have an installed capacity of 1 GW.

The solar power park is central to DEWA’s target to source 7% of Dubai’s total power output from renewable energy sources by 2020, and 15% by 2030.

06/29/2016 0 comment

Articles Renewable Energy

Dubai To Set Up 1 GW Concentrated Solar Power Project

written by saurabh

After the record-breaking success in received in the auctions of 500 MW solar PV power capacity, Dubai is now planning to set up concentrated solar power (CSP) project.

Dubai Electricity and Water Authority (DEWA) has announced plans to set up 1 GW CSP capacity at the Mohammed bin Rashid Al Maktoum solar park. The project could very well be the largest CSP project in the world.

DEWA plans to have 1 GW CSP capacity operational by 2030 and will soon launch tender to allocate 200 MW capacity. The expansion of Mohammed bin Rashid Al Maktoum solar park is part of DEWA’s strategy to meet its renewable energy target.

Dubai plans to source 7% of its electricity demand from clean energy sources by 2020. This share is slated to be increased to 25% by 2030 and 75% by 2050.

Dubai plans to have an installed capacity of 5 GW at Mohammed bin Rashid Al Maktoum solar park by 2030. At least 3 GW of this capacity will be based on solar PV technology.

The first phase of the solar power park, 13 MW, is already operational. The second phase of 200 MW capacity is being developed by ACWA Power and TSK and is expected to be operational by April 2017. The third phase of 800 MW capacity was recently auctioned to a consortium of Abdul Latif Jameel (Saudi Arabia) + Fotowatio Renewable Ventures (Spain) + Masdar (UAE) for the low solar price bid of 2.99¢/kWh.

06/05/2016 0 comment

Articles Renewable Energy

GE Wins 220 MW Inverter Supply Order For Dubai Solar Park

written by saurabh

Even as the Dubai solar power park secured yet another record-breaking tariff bid for the third phase construction of the Mohammed bin Rashid Al Maktoum solar park, the second phase is in full swing.

GE has secured an order to supply inverters worth 220 MW for the second phase of the solar power park. The company shall supply its LV5 series of inverters to the project.

The order was placed by the EPC constructor for the 200 MW phase 2 project – TSK Group. The company was part of the consortium headed by ACWA Power that had quoted the lowest tariff bid for the phase 2 auction – US¢5.84/kWh.

GE inverters were chosen as they are liquid cooled and ‘rated for outdoor use in the harshest conditions imaginable’.

Last year, ABB had secured $20 million contract for supply and installation of sub-stations required for the evacuation of electricity.

Once the installed capacity at the Mohammed bin Rashid Al Maktoum solar park reaches 200 MW it would be able to meet power demand of about 30,000 homes and offset greenhouse gas emissions equivalent to about 250,000 tonnes of carbon dioxide every year.

Dubai Electricity and Water Authority (DEWA) plans to invest billions of dollars into the expansion of the Mohammed bin Rashid Al Maktoum solar park. The authority has upgraded plans for the installed capacity of the solar park. From an initial target of 1 GW by 2019, DEWA now plans to have 3 GW installed capacity at the park by 2030.

The solar power park is central to DEWA’s target to source 7% of Dubai’s total power output from renewable energy sources by 2020 and 15% by 2030.

05/07/2016 0 comment