DEWA

Shanghai Electric reports on Dubai 950 MW Concentrated Solar Power + PV solar power project

Shanghai Electric, as the EPC contractor of Dubai 950 MW CSP+PV solar complex, the fourth phase of Mohammad Bin Rashid Al Maktoum Solar Park, made a detailed report on the huge solar power plant during the Press Release in Beijing. The fourth phase of the solar park will use [...]

Concentrated Solar Power project at Mohammed bin Rashid Al Maktoum Solar Park wins first place at 6th International Best Practice Competition in ‘Partnership Category’

DEWA's victory was announced at the 24th Global Organisational Excellence Congress, which was organised by Abu Dhabi Chamber of Commerce and Industry for the first time in the Middle East. Abu Dhabi, UAE: Dubai Electricity & Water Authority (DEWA) won first place at the 6th International Best Practice Competition in [...]

ACWA Power-led consortium to raise over $2bln for Dubai concentrated solar power project

ACWA Power leads a consortium which over the next few weeks is expected to conclude financing of more than $2 billion for a 950 megawatt (MW) concentrated solar power project in Dubai. The loan, provided by a group of mostly international banks, will back the development of Noor Energy 1, [...]

Siemens provides four steam turbines to Concentrated Solar Power plant in Dubai

Four steam turbines will help generate 700 megawatts of clean electricity. High-efficiency and rapid-start turbines support CSP (Concentrated Solar Power) operations. As part of its ongoing support to the Dubai Clean Energy Strategy 2050 and its role as a premier partner to Expo 2020 Dubai, Siemens will provide four steam [...]

Dubai makes progress in Concentrated Solar Power

Dubai Electricity and Water Authority (DEWA) has been showcasing the construction progress of its first Concentrated Solar Power tower. The 100MW project will use Concentrated Solar Power (CSP) to heat molten salt at the top of the 260-meter tower. The residual heat of the salt will be capable of [...]

World’s largest Concentrated Solar Power plant ties tariffs to big storage to hit record price

ACWA Power's Noor Energy 1 CSP-PV project in Dubai combines optimized 15-hour CSP storage with demand-focused tariffs and supply chain efficiency to hit the record-low price of $73/MWh, project partners told the CSP Madrid 2018 conference. Last month, Saudi Arabia's ACWA Power and the Dubai Electricity and Water Authority [...]

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. [...]