By 2050, Dubai targets 44% energy from renewable energy sources, 38% from gas, 12% from ‘clean fuels’ and 6% from nuclear energy. The plan also aims to increase energy efficiency by 40% by 2050.
Project developers from around the world are getting ready to make final bids for perhaps the most anticipated solar power auction of the year. Chinese solar panel manufacturer JinkoSolar has teamed up with German utility RWE to bid for the third phase of United Arab Emirates’ (UAE) Mohammed bin Rashid Al … [continued]
The Dubai Electricity and Water Authority and German utility RWE Energy Group have signed an agreement to cooperate on the development of renewable energy. Officials of the Dubai Electricity and Water Authority (DEWA) and RWE Energy signed a memorandum of understanding in Dubai. As per the terms of the agreement, … [continued]
Dubai Electricity and Water Authority has announced a comprehensive plan to significantly increase investment in renewable energy projects. Announcing its annual budget, the Dubai Electricity and Water Authority (DEWA) stated that it will float tenders worth Dh 27 billion (US$7.35 billion) to set up renewable energy projects. The projects are … [continued]
The United Arab Emirates has announced a target to significantly increase its share of low-carbon energy over the next few years. Through its submission to the United National Framework Convention on Climate Change (UNFCCC), the United Arab Emirates (UAE) announced its target to achieve 24% of low-carbon by 2021. The … [continued]
The Dubai Electricity and Water Authority has officially opened tender for the third phase of its iconic solar power park. Tender for the 800 MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park will remain open until 29 September 2015 and is the largest issued so far for … [continued]
The world’s cheapest solar power project being built in Dubai is one step closer to commercial operation, the Dubai Electricity and Water Authority has reported. The 200 MW second phase of the Mohammad Bin Rashid Al Maktoum Solar Park being implemented by Saudi Arabia-based ACWA Power has achieved financial closure. The … [continued]
The Dubai Electricity and Water Authority has initiated the third phase of its iconic Mohammed bin Rashid al Maktoum Solar Park. The third phase of the solar park expansion will include a capacity addition of 800 MW. Dubai Electricity and Water Authority (DEWA) kick-started the tendering process for the expansion … [continued]
Solar energy seems to be the new go-to investment segment in the small Middle East country of United Arab Emirates. The power and water utility servicing the iconic city of Dubai will invest $3 billion to boost the generation capacity of the country’s largest solar power plant from 1 GW … [continued]
The 200 MW solar photovoltaic power project allocated to ACWA Power — which will sell electricity at the lowest price among all solar power projects across the world — has received debt financing. The 200 MW (260 MWp) solar PV project was allotted to Saudi Arabia-based ACWA Power by Dubai … [continued]
