Business Wire

HH Sheikh Mohammed bin Rashid Al Maktoum Inaugurates 200MW Second Phase of the Mohammed bin Rashid Al Maktoum Solar Park

20.3.2017 16:38 | Business Wire

Del

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has inaugurated the 200 megawatt (MW) second phase of the Mohammed bin Rashid Al Maktoum Solar Park. The project reflects a new era in the excellence and leadership of the UAE, as it increases the share of clean and renewable energy. The inauguration coincided with the International Day of Happiness.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170320005935/en/

HE Saeed Mohammed Al Tayer speaking at the inauguration of the second phase of the Mohammed bin Rash ...

HE Saeed Mohammed Al Tayer speaking at the inauguration of the second phase of the Mohammed bin Rashid Al Maktoum Solar Park (Photo: ME NewsWire)

This phase of the solar park is the first and largest solar-energy project in the region, based on the Independent Power Producer (IPP) model. It was accomplished through a partnership between DEWA and the consortium led by ACWA Power from Saudi Arabia, the main developer of the project, and TSK from Spain, the main contractor, with an investment of AED 1.2 billion. This phase can generate clean energy for 50,000 residences in Dubai, and will reduce 214,000 tonnes of carbon emissions annually. This phase installed 2.3 million photovoltaic solar panels over 4.5 square kilometres with 1.5 million Safe Man Hours without Lost Time Injury during project execution. The efforts of Shuaa Energy 1, which was established by DEWA and the consortium led by ACWA Power and TSK, have been vital in completing the work efficiently and professionally.

“The UAE’s strategies and investments are clear evidences that it is today leading international efforts in clean and renewable energy. The second phase of the Mohammed bin Rashid Al Maktoum Solar Park, which is a national landmark that will contribute to the happiness of society and generations to come, adds to the blessed progress of the UAE under the leadership of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, and the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The UAE puts sustainability and diversification of energy sources at the forefront of its priorities, based on a forward-looking vision that shapes the future, focuses on the happiness of people, and balances the need for development with the preservation of our environment. The Mohammed bin Rashid Al Maktoum Solar Park reflects our commitment to build a better, brighter, and more sustainable future for generations to come. The significance of the solar park is not only in combining the efforts of the public and private sectors in solar energy, but also in hosting a Research & Development centre that will include a photovoltaic solar testing facility, which is set to become one of the largest in the region,” said HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA).

“Our success in completing this phase of the Mohammed bin Rashid Al Maktoum Solar Park, which will generate 200 megawatts of clean energy ahead of schedule, is a direct result of the unlimited support of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The insightful vision of His Highness is both an inspiration and a guiding beacon in our drive towards excellence and the unprecedented overall progress that we have made to achieve the Dubai Clean Energy Strategy 2050 to generate 7% of Dubai’s total power output from clean energy by 2020, 25% by 2030, and 75% by 2050. The Mohammed bin Rashid Al Maktoum Solar Park is one of the major projects that DEWA implements to achieve this promising strategy. It is the largest single-site solar park in the world, based on the IPP model, with a planned capacity of 1,000 megawatts by 2020 and 5,000 megawatts by 2030, with a total investment of AED50 billion. It will eventually save over 6.5 million tonnes of carbon emissions every year, supporting Dubai’s objectives to promote sustainable development and a green economy,” added Al Tayer.

“The UAE’s interest in producing renewable energy has contributed to the decline of its global cost to competitive levels. This was clearly shown by DEWA setting a world record, obtaining the lowest price globally for the second phase of the solar park, at USD 5.6 cents per kilowatt hour. DEWA set another world record with the lowest recorded bid being USD 2.99 cents per kW/h for the 800 megawatt third phase of the solar park. This demonstrates the promising future of clean energy,’ said Al Tayer.

To view a video on Mohammed bin Rashid Al Maktoum Solar Park, Please click here .

*Source: ME NewsWire

Contact information

Dubai Electricity and Water Authority
Ribal Dayekh / Iman Saeed, +971-4-515-1784
ribal.dayekh@dewa.gov.ae / iman.saeed@dewa.gov.ae
or
Orient Planet PR
Jessy Chami / Rawad Khattar
+971-4-456-2888, +971-55-825-7576
jessy@orientplanet.com / rawad@orientplanet.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

IFF to Present at the Barclays Global Consumer Staples Conference21.8.2017 20:15Pressemelding

Regulatory News: International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris:IFF), a leading innovator of sensory experiences that move the world, today announced that Andreas Fibig, Chairman and Chief Executive Officer will present at the Barclays Global Consumer Staples Conference in Boston, MA on Thursday, September 7, 2017 at 11:15 a.m. EDT. Investors may access the live webcast and accompanying slide presentation on the Company's website at ir.iff.com. For those unable to listen to the live webcast, a recorded version will be made available for replay. Meet IFF International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris:IFF) is a leading innovator of sensorial experiences that move the world. At the heart of our company, we are fueled by a sense of discovery, constantly asking “what if?”. That passion for explorati

Celularity, Inc., Accelerates Breakthrough Placental Discovery & Therapeutic Platform21.8.2017 20:11Pressemelding

Celularity, Inc., a newly formed biotechnology company, today announced its acceleration of cell and tissue regenerative therapies to address unmet medical needs in cancer and chronic and degenerative disease. Celularity completed their Series A financing with contributions from several biopharma companies, including Sorrento Therapeutics, United Therapeutics Corporation and Human Longevity, Inc., and entrepreneurial investors. Celularity has been created through the contributions of extensive intellectual property, clinical-stage assets, basic and clinical research, and development expertise including: Several clinical-stage immuno-oncology and regenerative medicine assets and a pipeline of pre-clinical assets Proprietary allogeneic (“readily accessible”) immunotherapy platform 200+ issued and pending patents in cell therapy

European Commission Grants New Indication for Soliris® (Eculizumab) for the Treatment of Patients with Refractory Generalized Myasthenia Gravis (gMG)21.8.2017 13:25Pressemelding

Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) announced today that the European Commission (EC) approved the extension of the indication for Soliris® (eculizumab) to include the treatment of refractory generalized myasthenia gravis (gMG) in adults who are anti-acetylcholine receptor (AChR) antibody-positive. Soliris is the first and only complement-based therapy approved in the European Union (EU) for this ultra-rare subset of patients.1-4 Patients with refractory gMG can have difficulties walking, talking, swallowing and breathing normally despite therapies currently used for MG. Exacerbations and crises of their disease may require hospitalization and intensive care and may be life-threatening.5-7 Soliris will be launched for this new indication initially in Germany, and Alexion is evaluating launches in additional EU countries. “Patients with refractory gMG have exhausted multiple the

IntegenX Applauds the Passage of the Rapid DNA Act of 201721.8.2017 12:00Pressemelding

IntegenX Inc., the global market leader for Rapid DNA human identification, applauds the signing into law of S.139 and HR.510, The Rapid DNA Act of 2017. The legislation will allow law enforcement agencies, under standards and guidelines established by the FBI, to perform real-time DNA testing at time of arrest, within booking stations. Similar to how fingerprint analysis has evolved from a paper and ink practice to a point-of-action technology, DNA testing has now become possible in 90 minutes within a booking station, while a suspect is still in custody. With processing times reduced from weeks to less than two hours, the potential to identify or exonerate a suspect quickly will make a meaningful impact on law enforcement. IntegenX thanks U.S. Senate sponsor Senator Orrin Hatch (R-UT) and lead co-sponsor Senator Dianne Feinstein (D-CA) as well as House sponsor Congressman

PPG Completes COLORFUL COMMUNITIES Project at Primary School in Kecskemét, Hungary21.8.2017 08:03Pressemelding

PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES™ project in Kecskemét, Hungary, that helped revitalize the learning environment of the Corvin Mátyás primary school. The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world, such as in Kecskemét, where the PPG automotive service team operates with 33 employees. The project brought together more than 140 PPG and community volunteers who spent three days at the school revitalizing four classrooms, four changing rooms and the playground. PPG provided more than $20,000 to assist with the project, including more than 460 liters of Héra ® Prémium waterborne interior paint and Trinát ® Aqua wate

Glennmont Partners Completes Refinancing of Sleaford Biomass Plant for £150m21.8.2017 08:00Pressemelding

Glennmont Partners has successfully completed the refinancing of the Sleaford Renewable Energy Plant on behalf of its dedicated clean energy fund, Glennmont Clean Energy Fund Europe I, as part of a programme of realisations of value from the Fund. Glennmont Partners is one of Europe’s largest fund managers focusing exclusively on investment in clean energy infrastructure. Glennmont raises long-term capital to invest in alternative power generation projects including wind farms, biomass power stations, solar parks and small-scale hydro power plants. The carefully selected, risk managed investments deliver sustained performance and predictable returns over periods of 10 years or more. Sleaford REP is a 40MWe straw-fired biomass plant located in Lincolnshire, UK. The plant has been in operation since 2014 and is being operated by Burmeister & Wain Scandinavian Contractor (BWSC). The

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom