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HomeChannelsBusinessDEWA hires KPMG-led group for $50b solar park consultancy

DEWA hires KPMG-led group for $50b solar park consultancy

|By Arabian Post Staff| DEWA has awarded the contract for Independent Power Producer (IPP) Advisory Services for the 200MW Concentrated Solar Power (CSP) Plant to a consortium led by KPMG Lower Gulf Limited (Financial), alongside Mott MacDonald (Technical) and Ashurt (Legal).

This is part of DEWA’s efforts to increase the percentage of renewable and clean energy in the energy mix, and support the Dubai Green Energy Strategy 2050, launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make Dubai a global centre of clean energy and green economy.

The 200MW first project of the CSP plant is expected to be operational by April 2021. DEWA will generate 1,000MW using this technology by 2030.

The project lies within the Mohammed bin Rashid Al Maktoum solar park; the Mohammed bin Rashid Al Maktoum solar park, the largest single-site solar project in the world with a planned capacity of 5,000MW by 2030, and a total investment of AED 50 billion. When completed, the park will reduce over 6.5 million tonnes of carbon emissions annually.