It has been announced that the third phase of Shuaa Energy 3’s 900 megawatt solar plant, located near Dubai, is prepared to start commercial operations. The project’s commercial operation certificate for Phase C has been awarded, according to a Tadawul filing by Saudi energy company Acwa Power, which owns a 24 percent part in the business behind the facility.
A PCOC certifies that the Mohammed bin Rashid Al Maktoum Solar Park facility is finished and prepared for business use. Phase C, which included an additional 300MW, helped the entire facility reach commercial operation, resulting in a 900MW total capacity.
The plant boosts energy production by using a single-axis tracking system and bifacial photovoltaic technology, which capture reflected sun rays on both the front and back sides. The fifth phase of the solar park is being developed by Shuaa Energy 3, a special purpose vehicle that is jointly controlled by Gulf Investment Corporation and Dubai Electricity and Water Authority. In line with Dubai renewable Energy Strategy 2050, they have signed a 25-year power purchase agreement with Acwa Power to produce renewable energy.
ACWA Power is a Middle East, Africa, Central, and South-East Asian company that develops, invests in, co-owns, and operates a portfolio of power generation and desalinated water production plants in 12 different countries. More than 4,000 individuals work there, with 60% of them being locals. With a $85.7 billion investment value, ACWA Power’s portfolio is capable of producing 8 million m3/day of desalinated water and 55.1GW of electricity.