The share of clean energy capacity in Dubai’s energy mix will reach around 10 percent in July and 12 percent by end-2021 with the commissioning of 600 megawatts (MW) of ongoing projects in the Mohammed bin Rashid Al Maktoum Solar Park, first reported by Zawya Projects in May.

Dubai Electricity and Water Authority (DEWA) said on Sunday that it will add of 300 MW from solar photovoltaic (PV) panels and 300 MW from Concentrated Solar Power (CSP), which will increase the utility’s clean energy installed capacity to 1,613 MW from 1,013 MW at present.

DEWA’s MD & CEO Saeed Mohammed Al Tayer said the utility will commission the 300 MW solar PV first stage of Phase 5 in July, followed by a 100 MW CSP tower, the world's tallest at 262.44 metres, in September, and a 200 MW parabolic trough, both part of Phase 4,  by the end of 2021. 

He said the solar park’s Independent Power Producer (IPP) model has attracted investments of around 40 billion UAE dirhams ($10.9 billion) to date and procured the lowest solar energy prices (Levelised Cost of Energy) globally five consecutive times.

DEWA’s Executive Vice President of Business Development and Excellence Waleed Salman added that the 950 MW Phase 4 attracted 16 billion dirhams in investments ($4.4 billion), and includes the largest thermal energy storage capacity in the world of 15 hours, which allows for energy production round the clock.

DEWA received the lowest global bid of $1.6953 cents per kilowatt hour for the 900 MW Phase 5, which uses solar PV bifacial technologies and Single Axis Tracking to increase energy production, the statement said.

(Writing by N Madhura; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

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