Mohammed Bin Rashid Solar Park Phase 5
The fifth phase of the solar park will be commissioned in stages starting from q2 2021.
Mohammed bin rashid solar park phase 5. The mbr solar park is currently the largest solar project in the united arab emirates and middle east. The 5th phase will use photovoltaic solar panels and will be commissioned in stages starting from the third quarter of 2021. The mohammed bin rashid al maktoum solar park is the largest single site solar park of its kind in the world. The power purchase agreement ppa is signed for a 25 year.
The plant was implemented by the dubai electricity and water authority dewa. The fifth phase of the solar park will be commissioned in stages starting from q2 2021. Acwa power announced the awarding of engineering procurement and construction epc contract for the mohammed bin rashid al maktoum mbr solar park phase 5. It will have a capacity of 5 000 mw by 2030 with investments of aed 50 billion.
When completed it will save over 6 5 million tonnes of carbon emissions annually. The mohammed bin rashid al maktoum solar park is the largest single site solar park in the world based on the independent power producer ipp model. The project has been awarded to china based construction firm shanghai electric. Saudi energy giant acwa and the dubai water and electricity authority dewa have reached financial close on the fourth phase of the 5 gw mohammed bin rashid maktoum solar park.
Shanghai electric to build phase 5 of dubai solar park 29 07 2020 acwa power has appointed shanghai electric as the engineering procurement and construction epc contractor for the 5th phase of the mohammed bin rashid solar park which follows within only three months of the power purchase agreement ppa signing between dubai electricity and water authority dewa and the consortium led by. Funds for the aed. The mohammed bin rashid al maktoum solar park is the largest single site solar park of its kind in the world. It will have a capacity of 5 000 mw by 2030 with investments of aed 50 billion.
The first phase of the project was commissioned on 22 october 2013. Mohammed bin rashid al maktoum solar park is a solar park spread over a total area of 77 km 2 in saih al dahal about 50 kilometers south of the city of dubai. The arab petroleum investments corporation apicorp multilateral development financial institution has signed an agreement with shuaa energy 3 p s c sponsored by dubai electricity and water authority dewa acwa power and gulf investment corporation to provide usd70 5 mn in financing for the fifth phase of development of the mohammed bin rashid al maktoum solar park in dubai uae.