At least six groups have been prequalified to participate in the emirates first CSP solar project
Dubai Electricity & Water Authority (Dewa) has invited prequalified bidders to submit proposals for its planned 200MW concentrated solar power (CSP) project.
Dewa has prequalified at least six groups to submit proposals by 15 May for the project, which is the fourth phase of the emirates Sheikh Mohammed bin Rashid al-Maktoum solar park. The project is being procured through the independent power producer (IPP) model.
The groups prequalified to participate in the tender are believed to include:
- Acwa Power (Saudi Arabia)
- Alfanar (Saudi Arabia)/Suncan (China)
- Cobra (Spain)
- Engie (France)/Powerchina (China)/Sepco3 (China)
- Masdar (UAE)/EDF (France)/Abengoa (Spain)
MEED reported in December that Dewa had received prequalification entries from a number of regional and international developers.
In September 2016, 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
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.