DEWA’s robust infrastructure is a key element of Dubai’s development – ZAWYA

  • Date: 02-Feb-2020
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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DEWA’s robust infrastructure is a key element of Dubai’s development – ZAWYA

DEWA is continuously developing its assets that are worth over AED144 billion with investments of AED 86 billion over the next five years to meet the growing demand for electricity and water in Dubai.. DEWA supports the Dubai Clean Energy Strategy 2050 to transform Dubai into a global hub for clean energy and green economy by diversifying the energy mix to include 75% of Dubai's total power output from clean resources by 2050.. The Dubai Clean Energy Strategy 2050, which was launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, aims to provide 75% of Dubai's total power output from clean resources by 2050.. It will use 700MW CSP: 600MW from a parabolic trough complex, 100MW from a solar tower, and 250MW from PV panels.. DEWA has achieved a world record by receiving the lowest bid of USD 1.6953 cents per kWh for the 900MW fifth phase of the solar park using PV solar panels, based on the IPP model.. DEWA's Shams Dubai initiative supports the Smart Dubai initiative to make Dubai the smartest and happiest city in the world.. The initiative encourages building owners in Dubai to