Developers have submitted prequalification entries for the planned 200MW concentrated solar power (CSP) scheme in Dubai.
State utility Dubai Electricity & Water Authority (Dewa) received prequalification entries from a number of regional and international developers on 5 December. The client received 30 expressions of interest (EoIs) from developers for the project on 27 October.
The solar plant will be developed under the independent power project (IPP) model.
In September, Dewa awarded the advisory services contract for its latest solar power scheme to a consortium led by KMPG of the Netherlands.
KPMG will be the financial adviser, and will be supported by the UKs Mott MacDonald as technical adviser and Ashurst, also of the UK, as legal adviser.
Dewa received bids from four international financial services providers on 20 July for the scheme.
The project will be the fourth phase of the ambitious Mohammed bin Rashid al-Maktoum solar park. It will be the first major CSP scheme at the park, with the initial three phases all using photovoltaic (PV) solar technology. Dubai has set a target of developing 1,000MW of CSP technology by 2030.
In late November, Dewa signed a power purchase agreement (PPA) with a consortium consisting of Abu Dhabi Future Energy Company (Masdar), Saudi Arabias Abdul Latif Jameel and Spains Fotowatio Renewable Ventures (FRV) for the 800MW PV third phase of the solar park.
In 2015, Dubai increased its targets for renewable energy. The solar park is planned to produce 5,000MW of renewable energy by 2030.