DEWA receives bids for Solar Park phase 4
ACWA Power has reportedly submitted the lowest bid for the fourth phase of Dubai’s Mohammed bin Rashid Al Maktoum Solar Park.
Dubai Electricity and Water Authority (DEWA) received a low bid of $9.45 cents per kilowatt hour (kW/h) for the 200 MW Concentrated Solar Plant (CSP) plant.
Bids from four international consortiums were opened today at DEWA head office, the utility said in a statement.
Various media reports said the lowest bid was submitted by Saudi Arabia-based energy company ACWA Power, the same company that won phase 2 of the solar park.
The plant will be operational by April 2021, with other CSP projects eventually generating a total of 1,000MW by 2030.
The Mohammed bin Rashid Al Maktoum Solar Park is the biggest single-site solar park in the world that is based on the IPP model. It will generate 1,000MW by 2020 and 5,000MW by 2030.
The 200MW photovoltaic second phase of the solar park was launched in March 2017. The 800MW photovoltaic third phase will be operational by 2020, and the 200MW CSP fourth phase will be operational by 2021.