{"id":87350,"date":"2023-12-11T00:00:00","date_gmt":"2023-12-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/fourth-phase-of-al-maktoum-is-now-operational\/"},"modified":"2023-12-11T00:00:00","modified_gmt":"2023-12-11T00:00:00","slug":"fourth-phase-of-al-maktoum-is-now-operational","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2023\/12\/11\/fourth-phase-of-al-maktoum-is-now-operational\/","title":{"rendered":"Fourth phase of Al Maktoum is now operational"},"content":{"rendered":"

Fourth phase of Al <\/strong>Maktoum<\/strong> Solar Park is now live:<\/strong> UAE Vice President and Prime Minister Mohammed bin Rashid Al Maktoum inaugurated the fourth phase of the 5 GW Mohammed bin Rashid Al Maktoum Solar Park, featuring the tallest concentrated solar power (CSP) tower and the largest single-site thermal energy storage in the world, WAM<\/a> reported. This phase slashes annual carbon emissions by roughly 1.6 mn tonnes and delivers clean, sustainable energy to around 320k households. <\/p>\n

About the fourth phase:<\/strong>The 950 MW fourth phase<\/a> \u2014 built by Dewa and a KSA Acwa Power-led consortium that includes the Chinese Silk Road Fund \u2014 is the largest single-site project in the world that brings together Concentrated Solar Power (CSP) and photovoltaic technologies. The phase uses the Independent Power Producer (IPP) model with investments of up to AED c.16 bn.<\/p>\n

The upcoming phases: <\/strong>The 900 MW fifth phase of the solar park became operational back in June, with the 1.8 GW sixth phase<\/a> set to commence between 4Q 2024 and 2026. Masdar will build and operate the upcoming sixth phase, with an investment ticket of AED 5.5 bn (c. USD 1.5 bn). <\/p>\n

More on the solar park:<\/strong> Al Makhtoum solar park is the world\u2019s largest single-site solar park using the Independent Power Producer (IPP) model with a planned production capacity of 5 GW by 2030 and investments totalling AED 50 bn (c. USD 13.6 bn).<\/p>\n

IN OTHER ENERGY NEWS-<\/strong><\/p>\n

China to invest USD 5 bn in Emirati solar power project: <\/strong>Chinese renewable energy company Trina Solar will pour USD 5 bn into an integrated solar power generation chain in the UAE, reports Wam<\/a>. The project is expected to generate more than 7k jobs.<\/p>\n

We\u2019ve been here before: <\/strong>Trina Solar has been investing in clean energy solutions in the UAE since 2012. The company previously developed the Sustainable City in Dubai initiative<\/a>, installing up to 40k solar panels across Dubai. The project produces 24 GWh annually, equivalent to saving 11k tons of CO2. <\/p>\n

More on Trina Solar: <\/strong>The Chinese firm has generated more than 150 GW of solar modules worldwide, including connecting over 9.5 GW of solar power plants to the grid, according to its company website<\/a>. Trina Solar has consecutively received accreditation from international institutions like BloombergNEF and RETC.<\/p>\n

\n

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Enoc launches first green hydrogen fuel station in Dubai: <\/strong>The Emirates National Oil Company (Enoc) opened its first green hydrogen fuel station in Expo City Dubai, The National<\/a> reports. The Dubai Electricity and Water Authority and Toyota partnered in the development of the project, which is the only station in the region offering green hydrogen, hydrocarbon fuels and electric charging stations, Enoc said.The UAE aims to generate 1.4 mn tonnes of low-emission hydrogen per year by 2031, with a subsequent increase to 15 mn tonnes annually by 2050. <\/p>\n","protected":false},"excerpt":{"rendered":"

Fourth phase of Al Maktoum Solar Park is now live: UAE Vice President and Prime Minister Mohammed bin Rashid Al Maktoum inaugurated the fourth phase of the 5 GW Mohammed bin Rashid Al Maktoum Solar Park, featuring the tallest concentrated solar power (CSP) tower and the largest single-site thermal energy storage in the world, WAM […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1604],"tags":[298,1401,87,143,7,211,406,339],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87350","post","type-post","status-publish","format-standard","hentry","category-energy","tag-acwa-power","tag-climate","tag-dubai","tag-energy","tag-enterpriseam-uae","tag-renewables","tag-solar-energy","tag-sustainability","wpautop","entry"],"acf":{"mongo_id":"df055f94-7f9f-4cf3-a780-141019b57c15","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/517.jpegbr!_StoryDek_!%20The%20fourth%20phase%20is%20set%20to%20slash%20carbon%20emissions%20by%201.6%20tonnes%20and%20delivers%20clean%20energy%20to%20320k%20residents","photo_position":"above","homepage_title":"","full_issue_title":"Fourth phase of Al Maktoum is now operational","related_issue":[87338],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.3a86968d-3ba7-46c8-9a74-722e20c31447.mp3"},"yoast_head":"\nFourth phase of Al Maktoum is now operational - 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