Acwa Power consortium selected as preferred bidder for 200MW photovoltaic solar scheme
Dubai Electricity & Water Authority (Dewa) has doubled the capacity of the second phase of its Mohammed bin Rashid al-Maktoum solar park, and has selected a consortium led by Saudi Arabias Acwa Power to develop the independent power project (IPP).
MEED reported in November that Acwa Power had submitted the lowest tariff price of 5.98 cents a kilowatt hour (kWh) for the originally planned 100MW IPP.
The Acwa consortium, which includes Spains TSK, was selected for the 200MW project on an alternative Levelised Cost of Energy (LCOE) bid of 5.85 cents a kWh.
The project is scheduled to be operational in 2017. The 200MW phase will be the largest photovoltaic (PV) solar plant in the region when completed, which will also mean Dubai hits its intended target of 1 per cent of its power generation coming from solar.
By 2030, Dewa plans for the solar park to have been expanded to 1GW, supplying 5 per cent of the emirates electricity needs.
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