DEWA And Masdar Sign PPA For 800MW 3rd Phase Of Mohammed Bin Rashid Solar Park
Dubai Electricity and Water Authority (DEWA) have signed a power purchase agreement with Abu Dubai Future Energy Company (Masdar) for the 800MW third phase of the Mohammed bin Rashid Solar Park. The Mohammed bin Rashid Al Maktoum Solar Park is a major undertaking which will become an international reference point for the renewable energy industry,” said Mohamed Jameel Al Ramahi, CEO of Masdar. The park was launched to diversify the energy mix so clean energy will generate 7% of Dubai’s total power output by 2020, 25% by 2030 and 75% by 2050. “Through the Solar Park, DEWA is making a significant contribution to the UAE’s vision for a green economy. The collaboration between all parties to reach this milestone has been exceptional”, added Al Ramahi.
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