Solar Power in Dubai: Sheikh Mohammed Inaugurates $4.3 Billion Energy Project

  • Date: 07-Dec-2023
  • Source: Gulf Insider
  • Sector:Oil & Gas
  • Country:UAE
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Solar Power in Dubai: Sheikh Mohammed Inaugurates $4.3 Billion Energy Project

Dubai will have the world’s largest concentrated solar power (CSP) project in the world as it looks to lead charge on renewable energy. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, inaugurated the project, within the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park …

The post Solar Power in Dubai: Sheikh Mohammed Inaugurates $4.3 Billion Energy Project appeared first on Gulf Insider.Dubai will have the world’s largest concentrated solar power (CSP) project in the world as it looks to lead charge on renewable energy.

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, inaugurated the project, within the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.

Built at an investment of AED15.78bn ($4.3bn), using the independent power producer (IPP) model, the project features the tallest solar tower in the world, at 263.126 metres, and the largest thermal energy storage capacity with a capacity of 5,907 megawatt hours (MWh), according to the Guinness World Records.

Solar power in Dubai

The 950-megawatt (MW) fourth phase is the largest investment project that uses three hybrid technologies:

600MW from a parabolic basin complex

100MW from the CSP