Dubai Announces Financial Close For 200mw Solar Unit

Dubai Electricity and Water Authority (DEWA) has announced financial close for the 200MW Phase 2 of the Muhammad bin Rashid Al Maktum Solar Park, which is being built 50km south of Dubai city at Seih al-Dahal.

The Phase 2 solar photovoltaic (PV) plant is being developed as an independent power producer (IPP) project by Saudi Arabia’s ACWA Power and Spain’s TSK, with start-up expected by April 2017 (MEES, 30 January).

DEWA chief executive Sa’id al-Tayir says the solar park is “one of the largest renewable energy projects in the region” and will produce more than 3GW of electricity when completed in 2030. This is three times the capacity envisaged when the solar park was conceived. (CONTINUED - 286 WORDS)