DEWA Receives 5 bids for Phase III of the Mohammed bin Rashid Al Maktoum Solar Park
Dubai Electricity and Water Authority (DEWA) has received 5 bids from international organisations for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park, said HE Saeed Mohammed AlTayer, MD & CEO of DEWA. The lowest recorded bid at the opening of the envelopes was US 2.99 cents per kilowatt hour. The next step in the bidding process will review the technical and commercial aspects of the bids to select the best one.
DEWA had released a request for the Expression of Interest (EOI) for the 800MW third phase of the solar park on 8 September 2015 and received 95 EOI responses from international solar organisations between 8—29 September 2015. DEWA requested companies submit their requests for qualification before November 2015. This was followed by a Request for Proposals (RFP) to qualified bidders on 28 December 2015.
“DEWA is able to keep up with developments in energy and has demonstrated its flexibility to do so. This is based on its success in implementing the Dubai Clean Energy Strategy 2050 launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, which has targets to provide 7% of Dubai’s total power output from clean energy sources by 2020. This target will increase to 25% by 2030 and 75% by 2050,” said Al Tayer.
“This strategy includes initiatives such as the Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site project to generate electricity from solar energy in the world, with a planned capacity of 5,000 megawatts (MW) by 2030, and total investment of USD13.6 billion (AED 50 billion) to save approximately 6.5 million tonnes per annum in emissions.”
“The wide participation in this vital sector reflects the trust and interest of international investors to invest in mega energy projects with Dubai Government. DEWA is leading by example in performance, efficiency, productivity, and excellence, in providing electricity and water services at the highest international levels of reliability and availability,” concluded Al Tayer.