ACWA Power partners with Shanghai Electric for the 5th phase of 900 MW Mohammed bin Rashid Al Maktoum Solar Park

ACWA Power has appointed Shanghai Electric as the Engineering, Procurement, and Construction (EPC) contractor for the 5th phase of the Mohammed bin Rashid Solar Park, which follows within only 3 months of the PPA signing between Dubai Electricity and Water Authority (DEWA) and the consortium led by ACWA Power.

Mohammad Abunayyan, ACWA Power Chairman, said: "As we move swiftly forward with implementation, the signing of the EPC agreement between ACWA Power and Shanghai Electric represents a crucial milestone in the delivery of Phase 5 of the Mohammed Bin Rashid Solar Park. With their participation, this iconic project will be realized through an international collaboration between the Kingdom of Saudi Arabia, the United Arab Emirates and the People’s Republic of China. We are delighted to have been a reliable and trusted partner for DEWA’s ambitious goals and remain committed to building on our strong relationships with both Shanghai Electric and DEWA, leveraging our combined expertise, technical insights and pioneering technologies to create a legacy of success."

The Power Purchase Agreement (PPA) for the project was signed in April 2020, achieving a solar energy tariff for US$1.6953 per kilowatt-hour.

With an investment of US$564 million, the 900 MW photovoltaic plant, is the first utility-scale solar PV power plant to operate remotely with zero manpower on-site, and is aimed to be delivered by Shanghai Electric in three phases, with a construction period of 12 months on each 300 MWp phase.