Dubai Electricity and Water Authority (Dewa) has announced that Abu Dhabi Future Energy Company (Masdar) has emerged as the lowest bidder for the development of the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, said to be the largest single-site solar park in the world with a 1,800MW capacity.
Through a rigorous qualification process, the Dubai utility prequalified seven international bidders to whom the Requests for Proposal (RFPs) were issued in December, which finally resulted in the selection of two bidders.
Apart from Masdar’s lowest bid of USD 1.62154 cents per kilowatt hour (kWh), Dewa had received another one from leading Saudi utility projects developer Acwa Power.
The sixth phase of the solar park will become operational in stages starting from Q4 next year, Dewa said.
