21st July 2024

Dubai has inaugurated the world’s largest concentrated solar energy undertaking, situated throughout the metropolis’s Mohammed bin Rashid Al Maktoum Photo voltaic Park.

“Our journey in direction of sustainability is complete, encompassing superior clear power initiatives throughout numerous renewable sources and revolutionary options built-in into numerous spheres of the financial system and society,” says Sheikh Mohammed bin Rashid Al Maktoum.  

“The Mohammed bin Rashid Al Maktoum Photo voltaic Park is on the coronary heart of Dubai and the UAE’s dedication to create a world-class infrastructure for sustainability and a sturdy basis for constructing an environmentally pleasant future.”

The 950 MW fourth part covers an space of 44 sq. km. It makes use of three hybrid applied sciences: 600 MW from a parabolic basin advanced, 100 MW from the CSP tower and 250 MW from photovoltaic photo voltaic panels. 

The undertaking makes use of the impartial energy producer mannequin and options the tallest photo voltaic tower on the earth, at 263.126 m, and the most important thermal power storage capability with a capability of 5,907 MWh, in accordance with Guinness World Data. Constructed at an funding of AED15.78 billion, the undertaking additionally options 70,000 heliostats that monitor the solar’s motion, says UAE.

A consortium led by Dubai Electrical energy and Water Authority (DEWA) and Saudi Arabia’s ACWA Energy established Noor Vitality 1 as a undertaking firm to design, construct and function the fourth part of the Mohammed bin Rashid Al Maktoum Photo voltaic Park. DEWA holds a 51% stake within the firm, ACWA Energy holds 25% and the Chinese language Silk Street Fund owns 24%.

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