- Sixth phase of Mohammed bin Rashid Al Maktoum Solar Park costs Dh5.51 billion.
- 23 international applicants submit interest for Dubai Clean Energy Strategy 2050.
- Dubai’s solar park’s capacity reaches 2,427MW, 24% clean energy share.
The Mohammed bin Rashid Al Maktoum Solar Park’s sixth phase, which will have a capacity of 1,800 MW and be built and managed by Abu Dhabi Future Energy Company (Masdar), is expected to cost up to Dh5.51 billion.
Dubai Electricity and Water Authority (DEWA) has picked Masdar for the project. The lowest Levelized Cost of Energy (LCOE) for all of DEWA’s solar IPP projects up to this point was 1.6215 US cents per kilowatt hour (kWh) for all of DEWA’s solar IPP projects to date.
The Abu Dhabi solar park
23 international applicants submitted expressions of interest for the project. The Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 are supported by DEWA, which seeks to develop Dubai into a global center for green energy and the clean energy industry.
With investments reaching Dh50 billion, the Mohammed bin Rashid Al Maktoum Solar Park, the biggest single-site solar park in the world, would have 5,000MW of capacity by 2030. When finished, the park will reduce annual carbon emissions by more than 6.5 million tonnes.
Beginning in Q4 2024, the 1,800MW sixth phase of the solar park using PV solar panels and an IPP model will gradually become online.
With the completion of the sixth phase and the remaining phases still under construction, the total installed solar energy capacity at the solar park has reached 2,427MW, bringing the share of clean energy in Dubai‘s energy mix to 24% in 2026.
