Dubai Electricity and Water Authority (DEWA) will allocate 200 megawatt concentrated solar power project in June this year.
The 200 megawatt CSP project will be part of the Mohammad Bin Rashid Al Maktoum Solar Park. The solar park already has 213 megawatt operational capacity based on photovoltaic technology. Construction on 800 megawatt third phase of the solar power park has also begun recently.
DEWA has issued tender for the fourth phase in January this year. It expects bids to be around 8.00¢/kWh. In comparison, the third phase 800 megawatt capacity was auctioned at record-low tariff of 2.99¢/kWh. The CSP project is expected to be commissioned in 2021. An additional 800 megawatts CSP capacity will be added to the solar park by 2030.
The solar power park will now be increased to a capacity of 5 gigawatts. The initial planned capacity was 1 gigawatt which was subsequently increased to 3 gigawatts, and now 5 gigawatts. Bids of the first 1 gigawatt of capacity have already been awarded.
Under the recently announced Dubai Clean Energy Strategy 2050 plan, Dubai targets 44% energy from renewable energy sources, 38% from gas, 12% from ‘clean fuels’ and 6% from nuclear energy. Almost $17 billion will be invested to expand the Mohammad Bin Rashid Al Maktoum Solar Park.