HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has reviewed the progress of the 1,800MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park, which is being developed based on the Independent Power Producer (IPP) model. The project, with investments reaching up to AED 5.5 billion, is set to further solidify the Solar Park’s position as the largest single-site solar park in the world.
Upon completion, the solar park’s total capacity will exceed 5,000MW by 2030, with an estimated investment of AED 50 billion. The solar park plays a crucial role in supporting Dubai’s Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050, aiming to provide 100% of the city’s total power capacity from clean energy sources by 2050.
Al Tayer was briefed on the progress of the 6th phase by officials from Shuaa Energy 4, a joint venture between DEWA and Abu Dhabi Future Energy Company (Masdar), where DEWA holds a 60% stake and Masdar owns 40%.
The 6th phase will incorporate cutting-edge solar photovoltaic bifacial technologies with single-axis tracking and is expected to generate clean energy for approximately 540,000 homes. The project, which spans 20 square kilometers, will also help reduce 2.36 million tonnes of carbon emissions annually.
Notably, the 6th phase has achieved the world’s lowest Levelized Cost of Energy (LCOE) at US$1.6215 cents per kilowatt-hour (kWh), marking the most cost-effective phase of the solar park to date. With the completion of this phase, the park’s total production capacity will increase to 4,660MW by 2026, and DEWA is projected to source 27% of its energy mix from clean sources by 2030.
Al Tayer was joined by Waleed Bin Salman, Executive Vice President of Business Development and Excellence at DEWA, along with senior officials and engineers from DEWA.
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