Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has inspected the construction of the 4th phase of the Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site Concentrated Solar Power (CSP) project in the world. Based on the Independent Power Producer (IPP) model, the fourth phase will generate 950 megawatts (MW) with an investment of AED 15.78 billion.
During the visit, Al Tayer was accompanied by Waleed Salman, Executive Vice President of Business Development and Excellence at DEWA; Jamal Shaheen Al Hammadi, Vice President of Clean Energy & Diversification at DEWA; and a number of DEWA officials.
The project will include the construction of the world’s tallest 260-metre solar tower and the world’s largest global thermal storage capacity of 15 hours; allowing for energy availability round the clock. This phase will provide clean energy for 320,000 residences and will reduce 1.6 million tonnes of carbon emissions annually.
Al Tayer was briefed about the construction progress by Abdul Hamid Al Muhaidib, Executive Managing Director of Noor Energy 1. Noor Energy 1 is a joint venture between DEWA, Saudi Arabia’s ACWA Power, and China’s Silk Road Fund to build the 4th phase.
