dubai plans bids for us33bn solar park
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Dubai plans bids for US$3.3bn solar park

Arab Today, arab today

Arab Today, arab today Dubai plans bids for US$3.3bn solar park

Dubai - Arabstoday

The Dubai Electricity & Water Authority (DEWA) plans to issue the first bids for a AED12bn (US$3.3 bin) solar park by September that will generate 1,000 megawatts of power in the sheikhdom by 2030. “The bids will be out in the third quarter for the first 10-megawatt unit and the contract will be awarded in the fourth quarter of this year,” Fatima Alshamsi, senior manager for new business development at DEWA, said in an interview in Dubai. “The first unit will start operations in 2013.” DEWA, Dubai’s utility monopoly, awarded a contract last month to ILF Consulting Engineers to provide consultancy services for the Arabia Gulf’s largest solar park, which is to be built on a 48sqm area. It’s to be called Sheikh Mohammed bin Rashid Al Maktoum Solar Park after the ruler of the emirate of Dubai, who’s also prime minister of the UAE. Dubai, the largest sheikhdom in the UAE after Abu Dhabi, is seeking to diversify sources of electricity and improve energy efficiency to ensure long-term supplies. The Supreme Council, its top energy policy body, announced targets last year to cut gas use for power generation to 70 percent from almost complete reliance now, with the rest divided between nuclear, coal and solar power. The Supreme Council has pledged AED120m in funding for the first 10-megawatt unit and the rest will be financed by public-private partnerships due to be defined once ILF Consulting Engineers completes its study, Alshamsi said. Separately, Dubai intends to award a contract to build its first private power station, the gas-fired Hassyan-1 plant, she said, adding that there was still no set deadline to name the winner for the project. HSBC Holdings and Emirates NBD agreed to offer a commercial debt facility of as much as US$200m as an incentive for bidders, DEWA said in September. Dubai, with about 9,000 megawatts of power generation capacity, plans to increase solar output to 1 percent of the total by 2020 and 5 percent by 2030, CEO Saeed Mohammed al-Tayer said on January 9. Atomic power and coal- fired output will account for 12 percent each, he said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

dubai plans bids for us33bn solar park dubai plans bids for us33bn solar park

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

dubai plans bids for us33bn solar park dubai plans bids for us33bn solar park

 



GMT 12:49 2017 Wednesday ,06 September

Senegal wants to buy 10 units of ship from PT PAL Indonesia

GMT 22:57 2017 Wednesday ,01 March

Trump lays out his vision of America to Congress

GMT 21:08 2017 Sunday ,17 September

OIC condemns suicide attack in Cameroon

GMT 00:59 2017 Sunday ,10 December

hmad Zahid's Visit To Rohingya Camp

GMT 02:25 2017 Friday ,24 February

Pope in emotion-charged visit to Italy quake zone

GMT 22:26 2016 Thursday ,22 September

Indian market closes higher

GMT 05:52 2016 Wednesday ,05 October

Robin Williams’ widow details actor’s final days

GMT 18:42 2017 Saturday ,07 October

Education, Works ministries discuss cooperation

GMT 03:11 2017 Friday ,14 April

5 Sudanese soldiers killed in Yemen

GMT 15:35 2017 Saturday ,25 February

United Nations chief arrives in Saudi

GMT 20:47 2017 Saturday ,07 October

PM asserts to bolster relations with Egypt
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday