Mohammed Bin Rashid Al Maktoum Solar Park Phase 5

Phase iv of 5 gw mohammed bin rashid al maktoum solar park reaches financial close phase iv of the huge solar park includes a 700 mw csp plant and a 250 mw pv facility.
Mohammed bin rashid al maktoum solar park phase 5. Phase 5 of the development of the park the single site solar park in the world is expected to power 270 000 homes and offset 1 18 million tons of co2 emissions annually. On november 21 2019 dewa annoucned the selection of acwa power and gulf investment corporation as preferred epc and financer respectively to build and operate the fifth phase a 900 mw solar power plant based on photovoltaic technology. The plant is scheduled to be commissioned in 2021. The dubai water and electricity authority dewa has announced initial steps towards the execution of phase 5 of the mohammed bin rashid al maktoum mbr solar park.
The fifth phase of the solar park will be commissioned in stages starting from q2 2021. The mohammed bin rashid al maktoum solar park is the largest single site solar park of its kind in the world. The 5th phase of the mohammed bin rashid al maktoum mbr solar park will have capacity of 900 megawatts mw. The mohammed bin rashid al maktoum solar park is a part of dubai clean strategy 2050.
The mbr solar park is currently the largest solar project in the united arab emirates and middle east. It will be commissioned in stages starting from q2 of 2021. The solar innovation center at the mohammed bin rashid al maktoum solar park marks the skyline about 50 kilometres south of dubai united arab emirates wednesday oct. Image courtesy of dubai electricity and water authority.
Image courtesy of dubai electricity and water authority. Dewa recently issued a request for qualification rfq for developers to build and operate the fifth phase of the mohammed bin rashid al maktoum solar park with a capacity of 900mw. The 5th phase will use photovoltaic solar panels and will be commissioned in stages starting from the third quarter of 2021. It will have a capacity of 5 000 mw by 2030 with investments of aed 50 billion.
The arab petroleum investments corporation apicorp a multilateral development financial institution has signed an agreement with shuaa energy 3 psc sponsored by dubai electricity and water authority dewa acwa power and gulf investment corporation to provide 70 5 million in financing for the fifth phase of development of the mohammed bin rashid al maktoum solar park in dubai uae. The solar park is being developed in multiple phases with the aim of achieving a capacity of 5gw by 2030.