Dubai Electricity & Water Authority (Dewa) has awarded the advisory services contract for its latest solar power project to a consortium led by KMPG of the Netherlands.

KPMG will be the financial adviser, and will be supported by the UK’s Mott MacDonald as the technical adviser and Ashurst, also of the UK, as the legal adviser.

Dewa received bids from four international financial services providers on 20 July for the 200MW concentrated solar power (CSP) scheme, which will be developed under the independent power project (IPP) model.

The scheme will be the fourth phase of the ambitious Mohammed bin Rashid al-Maktoum (MBR) solar park. It will be the first major CSP project at the park, with the initial three phases all using photovoltaic (PV) solar energy. Dubai has set a target of developing 1,000MW of CSP solar technology by 2030.

In late June, Dewa selected a consortium consisting of Abu Dhabi Future Energy Company (Masdar), Saudi Arabia’s Abdul Latif Jameel and Spain’s Fotowatio Renewable Ventures (FRV) as preferred bidder to develop 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 1,000MW of renewable energy, with this figure rising to 5,000MW by 2030.