Dubai Electricity and Water Authority (Dewa) has selected Abu Dhabi's renewable energy company Masdar to build and operate the 1,800-megawatt sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the world's largest single-site solar park.
The project, which will use photovoltaic solar panels based on the Independent Power Producer (IPP) model, has an estimated cost of Dh5.51 billion ($1.4 billion), the Dubai Media Office said.
“Dewa is committed to completing the phases of the Mohammed bin Rashid Al Maktoum Solar Park according to the highest international standards using the latest solar power technologies to enhance the shift towards a green sustainable economy by increasing the share of clean and renewable energy,” Saeed Mohammed Al Tayer, managing director and chief executive of Dewa, said.
The emirate has set a target of generating 25 per cent of its energy requirements from renewable sources by 2030 and 100 per cent by 2050.
The sixth phase of the solar park comes during the UAE's Year of Sustainability in 2023, and the year it is hosting the Cop28 climate change summit, in November.
With a total investment of Dh50 billion, and based on the IPP model, the solar park will have a capacity of 5,000MW and will reduce 6.5 million tonnes of carbon emissions annually when it is fully completed in 2030.
Dewa said it received 23 expressions of interest from international applicants to develop this project to build and operate the sixth phase of the solar park.
The final selection came after Dewa said in June it received two bids from Saudi Arabia's Acwa Power and Masdar for the sixth phase.
Masdar submitted the lowest bid of $1.62154 cents per kilowatt hour, which was the lowest levelised cost of energy (LCOE) for any of Dewa's solar IPP projects so far, it said on Sunday.
The project will become operational in stages starting from the fourth quarter of 2024, according to the utility.
The total capacity of the solar energy projects commissioned at the solar park has reached 2,427MW, the media office said.
Dewa is building another project with a total capacity of 433MW. The sixth phase of the solar park will increase the total production capacity to 4,660MW.
In June, Dewa inaugurated the 900MW phase five of the solar park, which will provide clean energy to about 270,000 homes in the emirate, reducing carbon emissions by 1.18 million tonnes annually.
The share of clean energy in Dubai’s energy mix is about 16.3 per cent of its total installed capacity, Mr Al Tayer said.
This will reach 24 per cent in 2026 with the completion of the sixth phase and the remaining phases under construction of the solar park, he said.
The UAE squad for the Asian Indoor and Martial Arts Games
The jiu-jitsu men’s team: Faisal Al Ketbi, Zayed Al Kaabi, Yahia Al Hammadi, Taleb Al Kirbi, Obaid Al Nuaimi, Omar Al Fadhli, Zayed Al Mansoori, Saeed Al Mazroui, Ibrahim Al Hosani, Mohammed Al Qubaisi, Salem Al Suwaidi, Khalfan Belhol, Saood Al Hammadi.
Women’s team: Mouza Al Shamsi, Wadeema Al Yafei, Reem Al Hashmi, Mahra Al Hanaei, Bashayer Al Matrooshi, Hessa Thani, Salwa Al Ali.
Credit Score explained
What is a credit score?
In the UAE your credit score is a number generated by the Al Etihad Credit Bureau (AECB), which represents your credit worthiness – in other words, your risk of defaulting on any debt repayments. In this country, the number is between 300 and 900. A low score indicates a higher risk of default, while a high score indicates you are a lower risk.
Why is it important?
Financial institutions will use it to decide whether or not you are a credit risk. Those with better scores may also receive preferential interest rates or terms on products such as loans, credit cards and mortgages.
How is it calculated?
The AECB collects information on your payment behaviour from banks as well as utilitiy and telecoms providers.
How can I improve my score?
By paying your bills on time and not missing any repayments, particularly your loan, credit card and mortgage payments. It is also wise to limit the number of credit card and loan applications you make and to reduce your outstanding balances.
How do I know if my score is low or high?
By checking it. Visit one of AECB’s Customer Happiness Centres with an original and valid Emirates ID, passport copy and valid email address. Liv. customers can also access the score directly from the banking app.
How much does it cost?
A credit report costs Dh100 while a report with the score included costs Dh150. Those only wanting the credit score pay Dh60. VAT is payable on top.
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
MATCH INFO
Bayern Munich 2 Borussia Monchengladbach 1
Bayern: Zirkzee (26'), Goretzka (86')
Gladbach: Pavard (37' og)
Man of the Match: Breel Embolo (Borussia Monchengladbach)
Directed by: Craig Gillespie
Starring: Emma Stone, Emma Thompson, Joel Fry
4/5
Killing of Qassem Suleimani
MATCH INFO
Uefa Nations League
League A, Group 4
Spain v England, 10.45pm (UAE)
More from Neighbourhood Watch:
Brief scoreline:
Manchester United 0
Manchester City 2
Bernardo Silva 54', Sane 66'
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SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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Tips to stay safe during hot weather
- Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
- Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
- Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
- Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
- Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
- Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
- Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
UAE currency: the story behind the money in your pockets
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
