- MBR Solar Park in Dubai has attracted the lowest bid of $0.0162154/kWh for phase VI
- This has been offered by Masdar, said DEWA; ACWA Power has also submitted a bid
- Bids offered are currently being evaluated and preferred bidder will be announced in Q3/2023
The Dubai Electricity and Water Authority (DEWA) says Masdar and ACWA Power have offered 2 bids for phase VI of the Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park) with the former submitting the lowest bid of $0.0162154/kWh to build 1.8 GW PV capacity.
DEWA MD and CEO Saeed Mohammed Al Tayer said, “DEWA has broken its own record and achieved the lowest price (levelized cost) for PV solar power projects based on the IPP model in Mohammed bin Rashid Al Maktoum Solar Park.”
The agency had launched a tender for phase VI in September 2022 asking for 900 MW AC to be built (see Tender Launched For Dubai’s MBR Solar Park Phase VI).
The expression of interest (EOI) was followed by a request for qualification (RFQ) round for 23 interested bidders. Request for proposal (RFP) was issued to 7 international bidders in December 2022. It is currently evaluating bids received and announce the preferred bidder in Q3/2023.
To be developed under independent power producer (IPP) model, the park is to be developed to a total capacity of 5 GW by 2030. At present, its total operational capacity has reached 2.327 GW and an additional 533 MW is under construction.
“Upon completing the 1,800 MW 6th phase the solar park’s production capacity will reach 4,660 MW,” added Tayer. The 1.8 GW phase VI is expected to become operational in stages starting from Q4/2024.