PROJECTS: China's Sungrow bags inverter supply deal for Dubai solar power project

Contract awarded for 900 megawatt fifth phase of Mohammed bin Rashid Al Maktoum Solar Park

  
The third phase of the Mohammed bin Rashid Al Maktoum Solar Park will be operational in April, DEWAOfficial revealed. Upon completion, the Solar Park will be the largest single-site solar park in the world, based on an independent power producer, model. Dubai media office twitter account.

The third phase of the Mohammed bin Rashid Al Maktoum Solar Park will be operational in April, DEWAOfficial revealed. Upon completion, the Solar Park will be the largest single-site solar park in the world, based on an independent power producer, model. Dubai media office twitter account.

China-based inverter manufacturer Sungrow announced on Wednesday that it has signed an agreement with the Shanghai Electric Group to supply its 1500V 6.25 MW turnkey solution to the 900 megawatt fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.

Shanghai Electric is the Engineering, Construction and Procurement (EPC) contractor of the fifth phase, which was awarded to a consortium of ACWA Power and Gulf Investment Corporation (GIC) bidding a winning tariff of 1.6953 US cents/kWh.

The fifth phase is expected to become operational in the second quarter of 2021, Sungrow said in a press statement.

The company's inverter installed base worldwide stands at over 120 gigawatts as of June 2020, according to the statement.

(Writing by Syed Ameen Kader; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2020