ABB

Harnessing the Concentrated Solar Power (CSP)

Congratulations to the UAE and Dubai for a great leap forward to provide clean solar energy for development and save hydrocarbon resources for exports. Dubai in a couple of years will not only have the next tallest building in the world but also the world’s largest concentrated solar power [...]

UAE’s push on concentrated solar power should open eyes across world

The UAE is getting used to setting solar energy records. Dubai’s latest project, awarded last Saturday, follows this pattern. But, as a leap forward in a different type of solar power plant, it has important implications for renewable energy across the region. A joint venture of Saudi Arabia’s Acwa, already [...]

Solar energy to contribute 8% of UAE electric power by 2026

The UAE’s solar energy sector is witnessing steady growth and is expected to account for almost 8 percent of total power capacity by 2026, according to new research. On September 16, Dubai Electricity and Water Authority (DEWA) announced it had awarded the development of 700MW (megawatt) of concentrated solar power [...]

ACWA Power scales up tower-trough design to set record-low Concentrated Solar Power price

The giant 700 MW project in Dubai will combine tower and trough technologies and use scale and local infrastructure synergies to set a new benchmark price of $73/MWh for CSP with storage, Andrea Lovato, ACWA Power's Executive Director of Business Development, told New Energy Update. ACWA Power will use learnings [...]

700 MW concentrated solar power plant in Dubai hits a new record bid with $7.3 cents per KWh

Dubai Electricity and Water Authority (DEWA) awarded the 700MW parabolic trough concentrated solar power (CSP) fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in a Saudi Arabia- China consortium with a record bid of $7.3 cents per KWh. The project is considered the largest concentrated solar [...]

Dubai to get Concentrated Solar Power Day and Night without subsidy at Lower Cost

ACWA Power awarded 700 MW CSP fourth phase of the Mohammed Bin Rashid Al Maktoum Solar Park  at a levelised tariff of US $7.30 cents per kilowatt hour; a cost level that competes with fossil fuel generated electricity without subsidy for reliable and dispatchable solar energy through the night. By [...]