The largest solar energy park in the world will generate 5000 MW and cut CO2 emissions by 6.5 million tonnes.

The largest single-site solar park in the world, Dubai Electricity and Water Authority (DEWA), has a target of producing 5 GW of energy by the year 2030.

DEWA

The business, which has its headquarters in Seih Al Dahal, Dubai, was established in 1992 by Sheikh Maktoum bin Rashid Al Maktoum. The project was started in its first phase by the corporation in 2013, and its second phase was finished in April 2017. By 2030, it wants to cut annual carbon dioxide emissions by more than 6.5 million. In this project, concentrated solar electricity and photovoltaic (PV) cells were used as technologies (CSP).

Budget & Current Progress

The Dubai Clean Energy Strategy and the Dubai Net Zero Carbon Emissions Strategy both heavily rely on this initiative. By 2050, it aspires to supply all of the city's energy needs using only clean sources. Mohammed bin Rashid Al Maktoum Solar Park may reduce its size owing to a shortage of funding, according to a report released by PV Magazine, an international team of researchers, in July. DEWA cost update was disclosed,

Three Shuaa Energy representatives recently updated Al Tayer on the fifth phase of the solar park's development. The third project of the fifth phase is only 26.3% finished, while the second project is 93.3 percent finished.

As anticipated, the project would be finished by 2030's end and provide 5GW of energy.