Solar Energy Infrastructure Recipient: DEWA's Mohammed bin Rashid Solar Park Wins International Award Globally
Dubai Electricity and Water Authority (DEWA) has been honoured with the Energy Infrastructure Award at the 2024 S&P Global Platts Energy Awards. The accolade recognises DEWA's groundbreaking work on the Mohammed bin Rashid Al Maktoum Solar Park, the world's largest single-site solar park, located in Dubai, United Arab Emirates.
The award-winning project currently boasts a production capacity of 3,860 megawatts (MW), achieved through advanced photovoltaic solar panels and Concentrated Solar Power (CSP) technologies. By 2030, DEWA plans to expand the park's capacity to a staggering 7,260 MW, aligning with Dubai’s Clean Energy Strategy 2050 and its ambitious goal to produce 100% of its energy from clean sources by 2050.
His Excellency Saeed Mohammed Al Tayer, MD & CEO of DEWA, accepted the award at the ceremony, reflecting the UAE's commitment to sustainable excellence. The award is a testament to the country's dedication to clean energy initiatives and its leadership in the energy sector.
DEWA's work on the solar park is in line with both the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050, further reinforcing Dubai's leadership in clean energy transformation. The fourth phase of the solar park has already broken four Guinness World Records, showcasing the project's scale and technological advancement.
The S&P Global Platts Energy Awards, often referred to as the "Oscars of the energy industry," celebrate outstanding contributions to innovation, sustainability, and leadership in the energy sector. DEWA was selected from over 1,000 leading energy companies for the award, making it a significant achievement for the UAE.
This global accolade for DEWA at the 2024 S&P Global Platts Energy Awards reinforces Dubai's position as a global leader in clean energy transformation, setting an example for other nations to follow. The Mohammed bin Rashid Al Maktoum Solar Park, under the Independent Power Producer (IPP) model, is a shining example of the UAE's commitment to a sustainable and innovative energy future.
- Dubai Electricity and Water Authority's (DEWA) plan to expand the Mohammed bin Rashid Al Maktoum Solar Park's capacity to 7,260 megawatts (MW) by 2030 is a part of Dubai’s Clean Energy Strategy 2050, aiming to produce 100% of its energy from clean sources by 2050.
- The solar park's fourth phase has already broken four Guinness World Records, demonstrating the project's scale and technological advancement, as well as DEWA's commitment to innovation in the renewable-energy industry.
- The S&P Global Platts Energy Awards recognizes outstanding contributions to innovation, sustainability, and leadership in the energy sector, making DEWA's award a testament to their leadership and dedication to clean energy transformation within the finance and industry realm.
- DEWA's work on the solar park under the Independent Power Producer (IPP) model serves as a global example for other nations, showcasing the UAE's commitment to a sustainable and innovative energy future that focuses on transformation, sustainability, and leadership in the energy sector.
