Dewa receives five bids for phase 3 of solar park

Dubai - The lowest recorded bid is US 2.99 cents per kilowatt hour

Dubai Electricity and Water Authority (Dewa) has received five bids from international organisations for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park, said Saeed Mohammed AlTayer, managing director and CEO of Dewa.

The lowest recorded bid at the opening of the envelopes was US 2.99 cents per kilowatt hour.

The next step in the bidding process will review the technical and commercial aspects of the bids to select the best one.

Dewa had released a request for the expression of interest (EoI) for the 800MW third phase of the solar park on September 8, 2015, and received 95 EoI responses from international solar organisations. Dewa requested companies to submit their requests for qualification before November 2015.

This was followed by a request for proposals (RFP) to qualified bidders on December 28, 2015.

"The wide participation in this vital sector reflects the trust and interest of international investors to invest in mega energy projects with Dubai Government. Dewa is leading by example in performance, efficiency, productivity, and excellence, in providing electricity and water services at the highest international levels of reliability and availability," concluded Al Tayer.

"This strategy includes initiatives such as the Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site project to generate electricity from solar energy in the world, with a planned capacity of 5,000 megawatts [MW] by 2030, and total investment of $13.6 billion to save approximately 6.5 million tonnes per annum in emissions."

"Dewa is able to keep up with developments in energy and has demonstrated its flexibility to do so. This is based on its success in implementing the Dubai Clean Energy Strategy 2050, which has targets to provide seven per cent of Dubai's total power output from clean energy sources by 2020. This target will increase to 25 per cent by 2030 and 75 per cent by 2050," said Al Tayer.


- business@khaleejtimes.com