Dubai Electricity and Water Authority (DEWA) has received a bid for 9.45 US cents per kWh for the 200 MW concentrated solar power (CSP) plant that it tendered in October 2016. This, the Dubai utility says, is the lowest international bid for a CSP plant.
This 200 MW capacity is the fourth phase of Mohammed bin Rashid Al Maktoum Solar Park.
When compared to the lowest international bid received for a solar PV power plant, it is much higher. The lowest bid for ADWEA's 1,177 MW PV plant came in 2.42 cents per kWh (see Financing For 1.2 GW Sweihan Plant).
Mohammed bin Rashid Al Maktoum Solar Park is planned to be the biggest single site solar park in the world based on an IPP model. The first phase of the park – a 13 MW PV system – was commissioned in October 2013. In the second phase, 200 MW PV was commissioned in March 2017 (see DEWA Commissions 200 MW Ahead Of Schedule). The third phase of the park with 800 MW PV capacity will be operational by 2020 and was won for 2.95 US cents/kWh by a consortium led by Masdar (see DEWA Selects Masdar Consortium). The 200 MW CSP plant is being developed in the fourth phase, and is planned to become operational by 2021. By 2030, the entire park is targeted to have an operational capacity of 5,000 MW.