Landmark Solar Park set to be built to the south of Dubai

18/10/2012 - Dubai Investment News Posted by Bob Brunskill
Landmark Solar Park set to be built to the south of Dubai

Energy efficiency has become extremely important and countries all around the world are coming up with innovative new ways to cut their carbon footprints.The UAE is no different and the government is keen to see more of the nation's power derived from sustainable sources.With places like Dubai expanding at a rapid rate in recent years, the demand for electricity has obviously soared and it is important that the emirate exploits as many renewable energy sources as possible.The Dubai Electricity and Water Authority (DEWA) has got the ball rolling by unveiling ambitious plans to build a Solar Park, which will provide 22 million kilowatt hours of electricity a year - enough to meet the annual power needs of 500 households.It has been announced this week (October 17th) that First Solar will build the power plant and the project will cost in the region of AED 12 billion (£2.02 billion).The landmark Mohammad Bin Rashid Al Maktoum Solar Park will be built 50km south of Dubai and will eventually cover 48 sq km.Enough clean energy will be produced to effectively offset the pollution caused by 1,600 cars every year.Managing director and chief executive officer at DEWA Saeed Mohammed Al Tayer said the plant will be a "key step in the implementation of the energy diversification strategy adopted by the Supreme Council of Energy"."The strategy is based on Dubai's growing energy requirements and aims to maintain security of supply in the Emirate of Dubai," he added.Meanwhile, chief executive officer at First Solar Jim Hughes said the firm was "delighted" to be awarded the contract to build the first phase of the project."We commend His Highness for his vision in promoting a path toward a sustainable future for Dubai," he remarked.The UAE is becoming increasingly influential in the global race to find renewable energy sources.Indeed, some of the most important people on the planet will descend on Abu Dhabi for the World Future Energy Summit in 2013.