Fifth phase of 5GW Mohammed bin Rashid Al Maktoum Solar Park will be deployed by ACWA, GIC-led consortium, chosen last November after tabling bids of US$0.016953/kWh
The solar boom being fostered by UAE, Saudi Arabia and others is fuelling the appetite for imported PV components. Top Chinese makers walk PV Tech's Carrie Xiao through their steps to succeed in a region of megaprojects.
Government contract win is the latest in the Caucasus region for UAE player, who was chosen last month by neighbour Armenia to start up solar ecosystem with 400MW push.
Middle Eastern clean energy player will assist with US$300-320m roadmap to deliver large-scale PV pipeline in Caucasus state, which only boasts 50MW up-and-running despite high irradiation.
Country reeling from widespread power cuts says Abu Dhabi Prince has agreed to assist with roll-out of 2GW solar portfolio nationwide, with Lake Kariba singled out as impromptu battery.
In an email exchange with PV Tech, the Dubai utility declined to comment on whether the tariff – allegedly submitted by a consortium led by Saudi Arabia's ACWA – was correct, with its CEO telling Bloomberg on Sunday it was "the lowest price worldwide."
Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia’s ACWA Power and Chinese government-owned Silk Road Fund, have achieved financial close on the 950MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park.
Dubai Electricity and Water Authority (DEWA) has launched a project to install PV panels in 10% of the homes of UAE nationals within Dubai and connect them to its grid.