Mohammed Bin Rashid Al Maktoum Solar Park Phase V is a 900MW solar PV power project. It is planned in Dubai, United Arab Emirates. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the partially active stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in August 2021. Buy the profile here.
Description
The project is being developed by Acwa Power and Dubai Electricity and Water Authority. Dubai Electricity and Water Authority, Acwa Power and Gulf Investment are currently owning the project having ownership stake of 60%, 24% and 16% respectively.
Mohammed Bin Rashid Al Maktoum Solar Park Phase V is a ground-mounted solar project.
The project is expected to supply enough clean energy to power 270,000 households, to offset 1,180,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $570m.
Development status
Post completion of the construction, the project is expected to get commissioned in August 2021.
Power purchase agreement
The power generated from the project will be sold to Dubai Electricity and Water Authority under a power purchase agreement. The power will be sold at the rate of $0.017kWh for a period of 25 years. The capacity to be procured is 900MW.
Contractors involved
Shanghai Electric Power is expected to render engineering procurement construction services for the solar PV power project.
JinkoSolar Holding will be the supplier of PV modules for the solar power project.
The inverters are expected to be procured from Sungrow Power Supply for the project.
The project will utilise single axis tracker that are likely to be supplied by NEXTracker.
The First National Operation & Maintenance is expected to perform operations and maintenance for the solar PV power project.
For more details on Mohammed Bin Rashid Al Maktoum Solar Park Phase V, buy the profile here.
About Acwa Power
Acwa Power Co (Acwa Power), formerly International Company for Water and Power Projects, is a developer, investor, and operator of power generation, renewable energy and desalinated water production plants. It supplies electricity and potable water to its customers in the region. It generates power through oil, gas, solar and wind technologies. Acwa Power also offers operation and maintenance services to power and water desalination industry through its subsidiary, the First National Operations & Maintenance Company. The company has operations across the Middle East, Africa and Asia. Acwa Power is headquartered in Riyadh, Saudi Arabia.
About Dubai Electricity and Water Authority
Dubai Electricity and Water Authority (DEWA) is a government-owned utility. It provides electricity and water services in the Emirate of Dubai. The authority generates, transmits, and distributes electricity; and desalinates water. The authority produces electricity from gas and steam turbines, and solar photovoltaic (PV) plants. It operates and maintains power stations, desalination plants, aquifers, power and water transmission lines, and power and water distribution networks in Emirate. The authority also provides various services, including bill payment, smart collection platform, EV charger card services, electricity, and water management, energy audits, clearance certificate services, and tariff calculators. DEWA is headquartered in Dubai, the UAE.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
