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Dubai Plans $22 Billion of Energy Projects Over Next Five Years

  • Projects include gas turbines, solar power, storage plant
  • DEWA will beat 2020 renewable energy target: CEO Al Tayer
Electricity power lines operated by Dubai Electricity & Water Authority. 

Electricity power lines operated by Dubai Electricity & Water Authority. 

Photographer: Duncan Chard

Dubai Electricity & Water Authority will spend 81 billion dirhams ($22 billion) on energy projects over the next five years, with renewables accounting for a growing share of electricity output, Chief Executive Officer Saeed Mohammed Al Tayer said.

DEWA last week awarded a contract for a 815-megawatt gas turbine project in the Dubai suburb of Al Aweer to Germany’s Siemens AG and Egypt’s El Sewedy Power, Al Tayer said in a Bloomberg television interview. The company is also building the world’s largest solar energy park as it seeks to reduce reliance on natural gas as the main source of energy for electricity.