Recently, Dubai Water and Electricity Authority (Dewa) has chosen Abu Dhabi's renewable energy company Masdar to build and operate the world's largest single site solar park, Mohammad bin Rashid Al Maktoum Solar Park Phase VI 1800MW project.

The Dubai Media Office stated that the project will use photovoltaic solar panels based on the Independent Power Producer (IPP) model, with an estimated cost of 5.51 billion dirhams (1.4 billion US dollars).

It is understood that the total investment of the solar energy park is 50 billion dirhams. Based on the IPP model, it will have a power generation capacity of 5000 megawatts and reduce carbon emissions by 6.5 million tons per year when fully completed by 2030.

The Dubai Hydroelectric Authority stated in June that it had received two bids from Saudi Arabia's Acwa Power and Masdar for the sixth phase, and then made the final selection.

Masdar Corporation stated that Masdar has submitted a minimum quotation of $1.62154 per kilowatt hour, which is the lowest standard energy cost in the Dewar Solar IPP project to date. The project will be operated in stages starting from the fourth quarter of 2024.

The media office stated that the total capacity of solar projects in the solar park has reached 2427MW.

The Dubai Hydroelectric Authority is constructing another project with a total capacity of 433MW, and the sixth phase of the solar park will increase the total capacity to 4660MW.

In June, the Dubai Hydroelectric Authority launched the 900MW fifth phase of the solar park, which will provide clean energy to approximately 270000 households in the United Arab Emirates and reduce carbon emissions by 1.18 million tons annually.

Al Tayer stated that the share of clean energy in Dubai's energy structure is approximately 16.3% of its total installed capacity. With the completion of the sixth phase of the solar park and other ongoing stages, this proportion will reach 24% by 2026.Editor/Ma Xue