Abu Dhabi’s Masdar Picked to Build Solar Plant in Dubai
- Masdar group to build plant at Dubai solar park by 2020
- Power to be supplied at 2.99 cents per kilowatt hour: DEWA CEO
Masdar to Build 800-Megawatt Solar Park in Dubai
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A Masdar-led group won the bidding to build a solar-power plant in Dubai to produce what could be the world’s cheapest electricity generated from the sun.
The consortium is set to complete the 800-megawatt power project by 2020, the head of utility Dubai Electricity & Water Authority said at a press conference Monday. Spanish renewable energy developers Fotowatio Renewable Ventures, a unit of Saudi Arabian conglomerate Abdul Latif Jameel, and Gransolar Group are part of the venture, DEWA said.