State-owned utility service provider, Dubai Electricity and Water Authority (DEWA) has invited Expressions of Interest (EOI) from international developers to implement the 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park based on the Independent Power Producer (IPP) model.

The deadline for the submissions of Expressions of Interest is 12.00 PM, October 10, 2022.

Updating about the 6th Phase of the Solar Park, Mr. Saeed Mohammed Al Tayer, MD and CEO of DEWA, highlighted that the Phase will be implemented using photovoltaic solar panels. It will become operational in stages starting from Q3 of 2025.

The DEWA MD & CEO elaborated that the service provider has attracted about $10.89 billion (AED40 billion) of investments through the IPP model and has achieved world records for the lowest prices for solar energy (Levelised Cost of Energy) five consecutive times, making Dubai a benchmark for solar energy prices worldwide.

The production capacity of clean energy has reached about 12.1 percent of Dubai’s total energy mix and is expected to reach 14 percent by the end of this year.

The Solar Park, implemented by DEWA using the IPP model, is the largest single-site solar park in the world, with total investments of $13.61 billion (AED50 billion). When completed, the Solar Park will reduce more than 6.5 million tonnes of carbon dioxide emissions annually.