Chinese-Canadian solar manufacturer Canadian Solar Inc. announced it will provide the modules for the first section of phase III of the 1 GW Rashid Al Maktoum Solar Park under construction in the United Arab Emirates (UAE).
The company said that 268 MW of its double-glass Dymond modules will be used for the first section of the third phase of the project, which has a capacity of 800 MW. The financial terms of the supply deal remained undisclosed. The company has begun delivering the first modules this month. The 268 MW project will be built by a Spanish consortium formed by Acciona, Gransolar and Ghella.
The second 200 MW phase of the huge solar park was completed by Saudi Arabian group Acwa Power and Spanish engineering services provider TSK in late March, while the first phase of the project is a 13 MW PV plant completed by First Solar in late 2013.
Work on phase III began in January. The construction is set to be completed in three stages, with the first 200 MW expected to be operational by the first half of 2018, and then two 300 MW stages to come in the two years following.
The entire third phase of the giant solar park is currently being developed by a consortium formed by Masdar, the Abu Dhabi-based developer of renewable energy, Spain-based GranSolar and Fotowatio Renewable Ventures (FRV), which is a unit of the Saudi Arabian firm, Abdul Latif Jameel.
The consortium’s $0.0299/kWh bid was 18% lower than the $0.0365/kWh bid submitted by JinkoSolar of China, and also drastically undercut the $0.0395/kWh tariff submitted by an Acwa Power/First Solar consortium, as well as two other bids.