Installation has been completed of about 75% of the photovoltaic (PV) panels that will make up the 200-MW phase II of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.
The Dubai Electricity and Water Authority (DEWA) said in the weekend that 80% of the project has been completed as of mid-December. The AED-1.2-billion (USD 327m/EUR 313m) park has to be operational by April 2017 under the agency’s plan.
DEWA has a 51% stake in the project company Shuaa Energy 1, while Saudi Arabia’s ACWA Power and TSK of Spain hold the rest. The latter two won the tender to build the phase II solar farm with a then record low bid of USD 0.056 per kWh.
By 2030 the Mohammed bin Rashid Al Maktoum Solar Park is planned to reach 5,000 MW of capacity.
Source: SeeNews
