Jinko Solar Completes Delivery of Phase B of 900 MW DEWA (Phase V) Project

Shanghai Electric Group announced that Phase B of the 900 MWac DEWA phase V of the Mohammed bin Rashid Al Maktoum Solar Park (the “DEWA phase V Project”) will achieve commercial operation in October 2022.

Jinko Solar, as the sole solar module supplier for the DEWA phase V project, supplied its advanced bifacial solar photovoltaic power generation technology to Shanghai Electric Group.

The installed capacity of the DEWA phase V project is approximately 1000MW and divided into three phases (A/B/C and each 356MW). Shanghai Electric was appointed as the EPC Contractor in July 2020 and soon entered into the Module Supply Agreement with Jinko Solar for the supply of 1GW solar modules. The first phase of DEWA Phase V was delivered and commissioned in July 2021 and currently the phase A is under excellent operation condition.

The DEWA Phase V project is being developed by consortium of ACWA Power and Gulf Investment Corporation through a 25 year PPA based on BOO mode. Dubai Electricity and Water Authority (DEWA) is the off-taker while the Project Company is Shuaa Energy 3 (SE3).

Upon full commercial operation, the DEWA phase V project will provide 2268 million kWh/year of electricity for the local area, satisfying 270k households needs, and reducing 1.1 million tons of carbon emissions annually, promoting the optimization and upgrading of Dubai’s energy structure.