The largest single-site solar park in the world, Dubai Electricity and Water Authority (DEWA), has a target of producing 5 GW of energy by the year 2030.
The business, which has its headquarters in Seih Al Dahal, Dubai, was established in 1992 by Sheikh Maktoum bin Rashid Al Maktoum. The project was started in its first phase by the corporation in 2013, and its second phase was finished in April 2017.
By 2030, it wants to cut annual carbon dioxide emissions by more than 6.5 million. In this project, concentrated solar power and photovoltaic (PV) cells were used as technologies.
The Dubai Clean Energy Strategy and the Dubai Net Zero Carbon Emissions Strategy both heavily rely on this initiative. By 2050, it aspires to supply all of the city’s energy needs using only clean sources.
Mohammed bin Rashid Al Maktoum Solar Park may reduce its size owing to a shortage of funding, according to a report released by PV Magazine, an international team of researchers, in July.
According to a DEWA cost update, the business has been given AED 12 billion ($3.27 billion) to finish the independent power producer (IPP) projects at the Mohammed bin Rashid Al Maktoum Solar Park within the next five years.
According to the latest tweet by Saeed Mohammed Al Tayer, CEO of DEWA said:
Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority, inspected the progress of the projects of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar energy complex in the world, which will have a production capacity of 5,000 megawatts by 2030.
Three Shuaa Energy representatives recently updated Al Tayer on the fifth phase of the solar park’s development. The third project of the fifth phase is only 26.3% finished, while the second project is 93.3 percent finished.
As anticipated, the project would be finished by 2030’s end and provide 5GW of energy.
