Dubai Electricity and Water Authority (DEWA) will allocate a 200-megawatt concentrated solar power project in June of this year.
The 200-megawatt CSP project will be part of the Mohammad Bin Rashid Al Maktoum Solar Park. The solar park already has a 213-megawatt operational capacity based on photovoltaic technology. Construction on the 800-megawatt third phase of the solar power park has also begun recently.
DEWA issued a tender for the fourth phase in January of this year. It expects bids to be around 8.00¢/kWh. In comparison, the third phase of 800 megawatts of capacity was auctioned at a record-low tariff of 2.99¢/kWh. The CSP project is expected to be commissioned in 2021. An additional 800 megawatts of 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.