Mohammed Bin Rashid Al Maktoum Solar Park Phase V is a 900MW solar PV power project. It is located in Dubai, United Arab Emirates. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in August 2021. Buy the profile here.

Smarter leaders trust GlobalData

Report-cover

Premium Insights Mohammed Bin Rashid Al Maktoum Solar Park Phase V

Buy the Profile

Premium Insights

The gold standard of business intelligence.

Find out more

Description

The project was 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 supplies enough clean energy to power 270,000 households, offsetting 1,180,000t of carbon dioxide emissions (CO2) a year.

Development status

The project got commissioned in August 2021.

Power purchase agreement

The power generated from the project is sold to Dubai Electricity and Water Authority under a power purchase agreement. The power is sold at the rate of $0.017kWh for a period of 25 years. The contracted capacity is 900MW.

Contractors involved

Shanghai Electric Power was selected to render engineering procurement construction services for the solar PV power project.

JinkoSolar Holding was selected as the supplier of PV modules for the project.

The inverters were procured from Sungrow Power Supply for the project.

The project is utilising single axis trackers supplied by NEXTracker.

The First National Operation & Maintenance is the O&M contractor 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 Emirates 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 the Emirate. The authority also provides various services, including bill payment, a 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.

This content was updated on 25 January 2024

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

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.