Masdar Selected As Preferred Bidder For 1,800MW Phase VI Of Dubai’s Solar Park
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority PJSC (DEWA), has announced that the Abu Dhabi Future Energy Company PJSC – Masdar is the Preferred Bidder to build and operate the 1,800MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park for using photovoltaic (PV) solar panels based on the Independent Power Producer (IPP) model, costing up to AED 5.51 billion. DEWA has achieved, through this phase VI, the lowest Levelised Cost Of Energy (LCOE) of USD 1.6215…
