Dubai Electricity and Water Authority

DEWA seeks developers for fifth phase of Dubai Concentrated Solar Power Park

Dubai Electricity and Water Authority issues a request for qualification to build and operate new phase of the Mohammed bin Rashid Al Maktoum Concentrated Solar Power Park. Dubai Electricity and Water Authority (DEWA) has issued a request for qualification for developers to build and operate the fifth phase of [...]

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 [...]

Construction progresses on final phase of Dubai concentrated solar power park

Dubai Electricity and Water Authority announces completion of 128 pillars of the Mohammed bin Rashid Al Maktoum Concentrated Solar Power Park's solar tower. The fourth phase of the park is the largest single-site investment project in concentrated solar power (CSP) in the world based on the independent power producer [...]

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 [...]

DEWA Seeking IPP Advisory Services For 5th Phase Of MBR Concentrated Solar Power Park

The Dubai Water and Electricity Authority (DEWA) has issued a tender to seek IPP advisory services for the fifth phase of the Mohammed Bin Rashid Al Maktoum Solar Park. The initial steps towards the execution of phase 5 of the Mohammed Bin Rashid Al Maktoum (MBR) solar park has been [...]

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. [...]

Mohammad Bin Rashid Solar Park project will provide 5,000 MW of clean energy

Major innovations undertaken by Dubai Electricity and Water Authority (Dewa) have placed Dubai in good stead to meet the future, said the utility provider’s top manager on Tuesday on the final day of World Government Summit. In the opening address of the morning, Saeed Al Tayer, managing director and CEO [...]

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 [...]