DEWA selects preferred bidder for 1,800MW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park

DEWA selects preferred bidder for 1,800MW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park

DUBAI,13th August, 2023 (WAM) – Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority PJSC (DEWA), today announced that the Abu Dhabi Future Energy Company PJSC –Masdar is the Preferred Bidder to build and operate the 1,800MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park for using photovoltaic (PV) solar panels based on the Independent Power Producer (IPP) model, costing up to AED 5.51 billion.

DEWA has achieved, through this phase VI, the lowest Levelised Cost Of Energy (LCOE) of USD 1.6215 cents per kilowatt hour (kWh) for any of DEWA’s Solar IPP Projects so far. DEWA has received 23 expressions of interest from international applicants to develop this project. Subsequently, the Request for Qualification (RFQ) was released to market on 15th November 2022.

“We are striving to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into a global hub for clean energy and green economy. We also support the Dubai Clean Energy Strategy 2050, and Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of Dubai’s total power capacity from clean energy sources by