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Dubai photovolatic tender analysis

2019-06-20

Dubai Electricity and Water Authority (DEWA) has issued a tender for the 5th phase of the mohammed bin Rashid AI Maktoum Solar Park for 900megawatts (MW) of electricity using photowoltaic solar panels,based on Independent Power project (IPP) model.This move supports the objectives of the Dubai Clean Energy Strategy 2050 to provide 75% of Dubai’s total power output from clean energy by 2050. The deadline to submit the tender is 22 August2019.the winning bid will own 40% of the company operating the project, and DEWA will own 60%. The winning bidder will sign an agreement with DEWA to purchase the generated power for 25 years. DEWA received letters of intent for the tender from 64 companies. The fifth phase of the solar park will be commissioned in stages starting from Q2 2021.

Further more , it is more worth to mention that some of the chinese company signed the photovoltaic project contract in Dubai on june 6th 2019.


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