DEWA

Phase 4 of Dubai’s MBR Concentrated Solar Power Park 700MW registers progress

Phase 4 of the project marks the world's largest investment in a concentrated solar power (CSP) plant, and Dewa's Saeed Mohammed Al Tayer recently toured the project site. The Concentrated Solar Power (CSP) park is being built in Dubai. It is the fourth phase of the Mohammed Bin Rashid [...]

Advisian appointed owner’s engineer on 700 MW concentrated solar project

Advisian has won the role of Owner’s Engineer for a 700-MW concentrated solar power (CSP) portion of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company, which is a consultancy owned by Australian professional services provider WorleyParsons Ltd (ASX:WOR), won the contract from Noor Energy 1, [...]

Abengoa selected as the technological partner in the construction of the world’s largest Concentrated Solar Power complex in Dubai

The project is a part of Phase 4 of the Mohammed bin Rashid Al Maktoum Solar Park, which is developed by the Dubai Electricity and Water Authority (DEWA) in cooperation with the Arabian Company for Water and Power Project (ACWA Power). The company has been selected by Shanghai Electric [...]

China-backed $4bn Concentrated Solar Power project set for financial close by August

Developer ACWA Power has now signed key PPA and EPC agreements for the 700 MW plant in Dubai while Chinese partner Shanghai Electric has started optimization activities along the supply chain, project partners told the MENA New Energy 2018 conference. Last month, Saudi Arabia’s ACWA Power signed an Engineering, [...]

DEWA to tender 300-MW concentrated solar power (CSP) by the start of 2019

Dubai Electricity and Water Authority will tender a 300 megawatt concentrated solar power (CSP) plant for the Mohammed bin Rashid Al Maktoum Solar Park before the first quarter of 2019 as the UAE looks to meet 7 per cent of its power needs from the sun by 2020, [...]

Dubai pushes concentrated solar power cost to world’s lowest

In terms of per-unit cost, the new CSP project, valued at Dh14.2 billion, has achieved the world’s lowest Levelised Cost of Electricity (LCOE) of 7.3 US cents per kilowatt hour (kW/h), according to Dewa. The CSP project is expected to provide clean energy to over 270,000 homes in Dubai, estimated [...]

ICBC leads US$1.5 billion loan for Dubai concentrated solar power project

Industrial and Commercial Bank of China (ICBC) has been mandated as lead arranger for a US$1.5 billion senior loan to help finance the fourth phase of the Mohamed bin Rashid Solar Park in Dubai. ICBC will be joined on the syndicate by Bank of China and Agricultural Bank of China. [...]

Saeed Mohammed Al Tayer witnesses signing of EPC Contract for 4th phase of Mohammed bin Rashid Al Maktoum Concentrated Solar Power

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), witnessed the signing of the Engineering, Procurement, and Construction (EPC) contract for the 700MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest Concentrated Solar Power (CSP) investment project in the [...]

Shanghai Electric analyzes Dubai 700MW concentrated solar power project

Shanghai Electric Group signed an engineering procurement construction contract on Friday to build the world's largest concentrated solar power project in Dubai, marking the State-owned company's ambition to grow into a world leading brand. The 700 megawatt CSP project is the fourth phase of the Mohammed bin Rashid Al [...]

Dubai breaks ground on world’s biggest Concentrated Solar Power project

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has broken ground in the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the biggest Concentrated Solar Power (CSP) investment project in the world. Based on [...]

ABB wins $90m deal for Dubai Concentrated Solar Power project

ABB to build substation that will integrate solar power from Mohammed bin Rashid Al Maktoum Solar Park to electricity grid. Swiss-based ABB has won an order worth more than $90 million from Dubai Electricity and Water Authority (DEWA) to build a substation that will integrate solar power from upcoming phases [...]

Dubai breaks ground on world’s biggest concentrated solar power project

Vice President and Prime Minister of the UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum broke ground on the 700MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the biggest Concentrated Solar Power (CSP) project in the world. The start of the [...]

Dubai pushes concentrated solar power cost to world’s lowest as largest single-site solar park set to rise

In terms of per-unit cost, the new CSP project, valued at Dh14.2 billion, has achieved the world’s lowest Levelised Cost of Electricity (LCOE) of 7.3 US cents per kilowatt hour (kW/h), according to Dewa. Largest single-site CSP rated at 700MW will also have the world's tallest solar tower; ground-breaking [...]