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Saeed Mohammed Al Tayer, MD & CEO of the Dubai Electricity and Water Authority (Dewa) has inspected the 4th phase of the Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site Concentrated Solar Power (CSP) project in the world.
Based on the Independent Power Producer (IPP) model, it will generate 950 megawatts (MW) at an investment of Dh15.78 billion.
During the visit, Al Tayer was accompanied by Waleed Salman, executive vice president of Business Development and Excellence at Dewa; Jamal Shaheen Al Hammadi, vice president of Clean Energy & Diversification at Dewa; and a number of other officials.
Al Tayer was briefed about the construction progress by Abdul Hamid Al Muhaidib, executive managing director of Noor Energy 1. Noor Energy 1 is a joint venture between Dewa, Saudi Arabia's Acwa Power, and China's Silk Road Fund to build the 4th phase.
Al Muhaidib confirmed that the completion of the concentrated solar tower construction phase is ahead of the planned schedule by seven per cent. When fully constructed, the tower will be the world's tallest CSP tower at 260 metres. In addition, 73 per cent of the construction of the solar field of the tower has been completed, including the completion of the main structure for the assembly and installation of heliostats. The project will use 70,000 heliostats, and the largest global thermal storage capacity of 15 hours; allowing for energy availability round the clock.
The fourth phase of the solar park is the largest single-site solar IPP project in the world that combines CSP and photovoltaic technology. The phase will use three technologies to produce 950MW of clean energy. It will use 700MW of CSP; 600MW from a parabolic basin complex and 100MW from a solar tower; and 250MW from photovoltaic solar panels. This phase will provide clean energy for 320,000 residences and will reduce 1.6 million tonnes of carbon emissions annually. The project, which will cover an area of 44 square kilometres, is the world's lowest CSP Levelised Cost of Electricity (LCoE) of 7.3 cents per kilowatt-hour with the lowest LCoE for photovoltaic technology of 2.4 cents per kilowatt-hour.
- business@khaleejtimes.com
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