- Broker Directory
- My Tools
- News & Advice
- Market Trends
- Other GN Sites
Science says that “the Earth receives more energy from the sun in one hour than is consumed by the entire world in one year.” Thus, countries the world over began to harness solar energy to reduce electricity costs and carbon emissions. The UAE is one of them.
With its year-round sunshine, it is very clear that the country’s solar energy potential is very high.
Dubai’s Mohammad Bin Rashid Al Maktoum Solar Park is one of the largest energy projects in the region that aims to promote renewable energy use. Located in Seih Al Dahal, the solar park is managed by the Dubai Electricity and Water Authority (DEWA).
The project’s 13-megawatt phase one, which became operational in 2013, provides a remarkable amount of advanced non-conventional source of energy. The 200-megawatt phase two, which is currently under construction, is expected to supply electricity in 2017 and help reduce about 400,000 tonnes of carbon emissions by 2020. Early this year, DEWA launched the solar park’s 800-megawatt third phase. The solar park aims to achieve a total capacity of 3,000 megawatts once it gets fully completed in 2030. Currently, it generates 13 megawatts of electricity.
The plant is designed based on the independent power producer (IPP) model. This means that private corporations or firms will be the ones to generate electricity and sell it to DEWA.
The solar park aims to meet one of the objectives of the Dubai Integrated Energy Strategy 2030 programme “to enhance solar energy share mix to seven per cent of Dubai’s total energy production by 2020 and 15 per cent by 2030.”
The project is also in line with the Dubai Plan 2021 that aims to provide the emirate’s residents a healthy and sustainable way of life. It would also greatly benefit businesses in the country, helping them save on utility costs.
• Solar energy reduces electricity costs and carbon emissions
• Park aims to generate 3,000 megawatts of electricity by 2030
• Based on IPP model, private firms will sell electricity to DEWA
Source: Alfred Ocianas, Special to Properties
The writer is a freelancer