Fourth phase at Dubai solar park adds 250MW
Dubai Electricity and Water Authority has signed an amendment to the Power Purchase Agreement (PPA) with the consortium led by Saudi Arabia’s Acwa Power for the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park to add 250MW of photovoltaic solar capacity, at a cost of 2.4 US cents per kilowatt hour, the world’s lowest. With this addition, the total capacity of the fourth phase of the solar park will rise from 700MW to 950MW. Following the amendment, the total investment for the project has reached Dh16 billion, in line with the objectives of the Dubai Clean Energy Strategy 2050. The 13MW photovoltaic first phase became operational in 2013. The 200MW photovoltaic second phase of the solar park was launched in March 2017 and the third phase will be operational by 2020.