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Dubai Receives Record Low Bid for Fourth Phase of Solar Park

The Dubai Electric and Water Authority (DEWA) received four bids for the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, including a record-setting bid of $9.45 per kWh. The bid is close to 40 percent below the previous world-record low price for electricity generated from this technology.
Dubai Receives Record Low Bid for Fourth Phase of Solar Park

This fourth  phase, a 200MW concentrated solar power plant, was announced last summer as DEWA looks to not only diversify its energy mix to include more renewable sources, but also to use different technologies. The plant is expected to be in operation by April of 2021.

“Our achievements support the Dubai Clean Energy Strategy 2050 launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to provide 7 percent of Dubai’s total power output from clean energy by 2020, 25 percent  by 2030, and 75 percent by 2050.

The UAE’s focus on renewable energy generation has led to a drop in prices worldwide and has lowered the price of solar and wind power bids in Europe and the Middle East," stated Saeed Mohammed Al Tayer, MD&CEO of DEWA.

The utility will now review the bid submissions to determine the project winner, a process that usually takes approximately one month.

For additional information:

Dubai Electric and Water Authority

Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).