Dubai Electricity and Water Authority (Dewa) has received five bids from international organisations for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park.

The lowest recorded bid at the opening of the envelopes was US2.99 cents per kilowatt hour, said Saeed Mohammed Al Tayer, managing director and CEO of Dewa.

The next step in the bidding process will be the review of technical and commercial aspects of the bids to select the best one, he said.
 
Dewa had released a request for the expression of interest (EOI) for the 800 MW third phase of the solar park on September 8, 2015 and received 95 EOI responses from international solar organisations. Dewa requested companies to submit their requests for qualification before November 2015. This was followed by a request for proposals (RFP) to qualified bidders on December 28, 2015.

“Dewa is able to keep up with developments in energy and has demonstrated its flexibility to do so. This is based on its success in implementing the Dubai Clean Energy Strategy 2050 launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, which targets to provide seven per cent of Dubai’s total power output from clean energy sources by 2020. This target will increase to 25 per cent by 2030 and 75 per cent by 2050,” said Al Tayer.

“This strategy includes initiatives such as the Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site project to generate electricity from solar energy in the world, with a planned capacity of 5,000 megawatts (MW) by 2030, and total investment of $13.6 billion (Dh50 billion) to save approximately 6.5 million tonnes per annum in emissions,” he said. - TradeArabia News Service