Global firms express interest in building 7th phase of solar park

Dubai Electricity and Water Authority (DEWA), has announced that 47 international companies are interested in developing the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park, which is based on the independent power producer (IPP) model.

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Al Tayer made the announcement during a Dewa forum at the Ritz Carlton hotel in Dubai, attended by about 100 representatives of leading solar energy and storage companies globally.

“Guided by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Dubai is firm in its ambitions to become a global beacon of sustainability and innovation. The Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 are not merely aspirations-they are a promise to future generations that 100% of Dubai’s energy will come from clean sources by 2050. Today, Dubai Electricity and Water Authority is moving forward with the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park, a key milestone in our clean energy transition journey,” said Al Tayer in his opening speech.