
Dubai launched a project Thursday to build a solar plant to produce 200 megawatt of electricity, as part of plans to generate five percent of the emirate's power from renewables by 2030.
The 1.2 billion dirham ($327 million/277 million euro ) project will be a joint venture between Dubai Water and Electricity Authority and a consortium led by Saudi AQWA and Spain's TSK, the Dubai company's chief Saeed al-Tayer said.
It will represent Phase II at the Mohammed bin Rashid al-Maktoum solar park, which is planned to produce 1,000 MW of electricity when completed in 2030, with a total cost of $3.3 billion.
The plant should come on line in April 2017, helping to achieve a reduction of 250,000 tonnes of carbon emissions annually, the company said.
Unlike neighbouring oil-rich Abu Dhabi, Dubai has a dwindling reserve of crude and has diversified its economy toward trade, transport and tourism.
The Gulf region is one of the world's richest areas in sunshine, but its countries are way behind others in harnessing the energy.
GMT 12:00 2018 Wednesday ,28 November
6th Gulf Intelligence Oman Energy Forum opensGMT 13:32 2018 Thursday ,22 November
Russia's Sovcomflot considers acquiring LNG-fueled shipsGMT 08:21 2018 Monday ,19 November
Russia expects new joint energy projects with VietnamGMT 09:34 2018 Sunday ,18 November
US, Japan, Australia, NZ to bring electricity to Papua New GuineaGMT 11:38 2018 Thursday ,08 November
World Bank member offers 71 mln USD for building wind power plant in JordanGMT 12:27 2018 Friday ,02 November
Proportion of renewable energy reaches 38 per cent in GermanyGMT 12:26 2018 Friday ,02 November
Proportion of renewable energy reaches 38 per cent in GermanyGMT 07:01 2018 Tuesday ,09 October
First high-level renewable energy conference to kick off in Cairo TuesdayMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor