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DEWA Dubai solar 700 MW UAE Shanghai Electric
By leadership Lisann Ltd,
CEO Marijana Cosic
Phase IV is the largest investment in a concentrated solar power (CSP) plant. The CSP park is being built in Dubai. It is the fourth phase of the Mohammed Bin Rashid Al Maktoum solar park with a capacity of 700MW.
The development progress of Dubai’s Mohammed Bin Rashid Al Maktoum Solar Park 700-megawat Phase IV has been inspected by the managing director and CEO of Dubai Electricity and Water Authority.
Phase IV of the project marks the world’s largest investment in a concentrated solar power plant, and Dewa’s Saeed Mohammed Al Tayer recently toured the project site.
An engineering, procurement, and construction contract for the $3.9bn fourth phase was signed this April between Saudi Arabia-headquartered co-developer ACWA Power, and China-based Shanghai Electric, which is acting as the project’s main contractor.
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