CMI has been awarded a contract for engineering and supplying a receiver for the 950 MW Phase IV of Mohammed bin Rashid Al Maktoum Solar Park in Dubai.
This huge concentrated solar power (CSP) project named after the Emir of Dubai, is the centerpiece of Dubai's ambitious goal of generating 75% of the Emirate’s electricity demand from renewable energy by 2050.
When completed in 2030, the Solar Park will have an installed capacity of 5,000 MW from an investment of approximately 12 billion euros. Launched in 2013, the Solar Park’s first three phases are dedicated to producing photovoltaic power (PV).
Phase 4, known as the DEWA project for Dubai Electricity and Water Authority, is expected to cost over 3.3 billion euros. ACWA Power, one of the world’s largest developers of CSP projects, won the development contract for Phase 4. ACWA Power has selected Shanghai Electric as EPC. CMI Energy was awarded the contract for the solar receiver in October 2018.
Phase 4 includes a 100 MW solar tower. Thousands of sun-tracking mirrors will spread over several square kilometers around a 260-meter high tower. They will focus the sun’s energy onto a 30-meter-high CMI receiver installed at the top of the tower and that will heat molten salts above 560°C. The heat transfer fluid may then be sent to energy storage tanks for later use or used immediately to produce high-temperature steam that will flow through a steam turbine to produce electricity.
Dubai Electricity & Water Authority (DEWA) has announced the commencement of a competitive tender process to select a suitable developer or developer consortium for a 1,200 MW coal-fired project - the third phase of the Hassyan clean coal power plant.
Read moreACWA Power has announced that ICBC is acting as the mandated lead arranger for a US$1.5 billion senior loan for the fourth phase of the Mohamed bin Rashid Solar Park, the largest thermo-solar power plant in the world. Financial close is expected shortly.
Read moreThe Municipality of Dubai has awarded the build, operate and transfer (BOT) contract for a waste-to-energy plant, set to be the largest in the world, to a consortium comprising BESIX, Belgium's largest construction company, and Hitachi Zosen Inova, an experienced waste-to-energy developer based in Switzerland.
Read moreDubai’s Electricity and Water Authority (DEWA) has announced plans for Phase III of the Hassyan clean coal power plant. The authority began tendering for advisers in late December, seeking advisory services for the development of the project, which is to be developed by an independent power producer.
Read moreThe Renewable Energy Project Development Office (REPDO) within the Ministry of Energy, Industry and Mineral Resources in Saudi Arabia has shortlisted two bids to develop a 300MW solar photovoltaic plant in Sakaka, Al Jouf. This is the first competitively tendered utility-scale solar project in the country.
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