A press release issued by utility DEWA and the state-owned metal manufacturer today implied production of solar-powered aluminum is already taking place.
The latest 800 MW of the 5 GW solar field to go live takes Dubai past its 2020 clean energy target of 7% by ensuring 9% of the emirate’s power comes from clean sources, according to the Dubai Water and Electricity Authority.
The 1 GW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai will feature NX Horizon trackers with the deal announced after the manufacturer published new bifacial yield gain claims.
The Saudi power company has named the lenders which will finance the latest stage of the gargantuan, 5 GW Mohammed bin Rashid Al Maktoum Solar Park, for an estimated $564 million.
Saudi developer ACWA Power has announced One Belt, One Road Chinese infrastructure partner Shanghai Electric will offer engineering, procurement and construction services on the next phase of the Mohammed bin Rashid Al Maktoum solar field in Dubai.
Battery innovations started to come thick and fast this quarter as the hunt for alternatives to lithium-ion intensified and the latest slew of solar tenders indicated the relentless pressure on solar power generation costs was showing no sign of abating.
The Dubai Electricity and Water Authority said the solar generation capacity is expected to come online in the second quarter of 2021. The tender will constitute the fifth phase of the mammoth 5 GW Mohammed bin Rashid Al Maktoum Solar Park.
The offer was apparently submitted by Saudi energy giant ACWA Power, which refused to confirm the bid when asked by pv magazine. The second lowest bid – $0.0175/kWh – was reportedly submitted by a consortium formed by Emirati developer Masdar, French utility EDF and Chinese PV panel maker Jinko Power.
With Kuwait, Qatar and even renewables laggard Saudi Arabia following in the wake of regional clean energy pioneer the UAE, a raft of huge solar tenders is entering the Middle Eastern project pipeline. Obstacles remain to overseas project developers but significant rewards are on offer.
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