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Wednesday, March 28, 2018

World’s Biggest Concentrated Solar Power Project Breaks Ground/RNN



t seems to RNN that a day doesn’t go by that Dubai isn’t doing something to truly set the bar higher in almost every market sector imaginable, whether it’s arts and entertainment, architecture, and now solar.
Vice President and Prime Minister of the UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum broke ground on the 700MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the biggest Concentrated Solar Power (CSP) project in the world. The start of the new project advances the UAE’s global leadership in the use of clean and renewable energy.
His Highness said that developing the UAE’s infrastructure is top priority for the leadership and vital to raising the country’s global competitiveness. “The UAE is developing a new model for sustainability and innovation and is keen to find creative solutions based on international best practices and benchmarks. The country is a pioneer in transforming its energy sector to one based on solar power and clean energy,” His Highness added.
“We will continue pursuing ambitious investments with an emphasis on projects that have a positive impact on people’s lives. Clean and renewable energy is key to sustainable development and the UAE has set an example for its rapid adoption,” said Sheikh Mohammed.
“We have developed a sustainable infrastructure that will serve new generations. This infrastructure has been built by young Emiratis who will lead our country through the next phase of growth. We are proud of our nation’s advancements in clean energy and green economy. The country is reaping the fruits today of the strong planning that we initiated years ago,” His Highness further said.
HH Sheikh Mohammed was accompanied at the ground-breaking ceremony by Deputy Ruler of Dubai HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum and President of Dubai Civil Aviation Authority and Chairman of Dubai Supreme Council of Energy HH Sheikh Ahmed bin Saeed Al Maktoum, apart from ministers, and director generals and senior officials of Dubai Government departments.
This CSP project, based on the Independent Power Producer (IPP) model, will generate 700MW of clean energy at a single site. The project, which features the world’s tallest solar tower measuring 260 metres and the world’s largest thermal energy storage capacity, will provide clean energy to over 270,000 residences in Dubai, reducing 1.4 million tonnes of carbon emissions a year. The CSP project will use two technologies for the production of clean energy: the 600MW parabolic basin complex and the 100MW solar tower over a total area of 43 square kilometres. This project, which features an investment of AED14.2 billion, has achieved the world’s lowest Levelised Cost of Electricity (LCOE) of USD 7.3 cents per kilowatt hour (kW/h). This is a new global achievement for the UAE.
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) said: “I would like to extend my thanks and gratitude to His Highness Sheikh Mohammed bin Rashid Al Maktoum for honouring us with his presence today on the occasion of this important milestone in our progress towards sustainability. This pioneering Emirati landmark has become a global model based on a vision. It anticipates the future of a nation that sees sustainability as a life-long approach, and a basis for its progress and pioneering achievements for generations to come. President His Highness Sheikh Khalifa bin Zayed Al Nahyan has affirmed his commitment to continuing efforts to conserve the environment and enhance the sustainability of our natural resources. This continues the legacy of our nation’s founding father, the late Sheikh Zayed bin Sultan Al Nahyan, who once observed, Our environment and the resources within it are not ours. They are simply on loan to us, and in our charge. It is the responsibility of us all to care for them, and pass them on unharmed to future generations.,,:
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