Dubai has inaugurated the world's largest CSP project, part of the 950-MW fourth phase of the mega solar project Mohammed bin Rashid Al Maktoum Solar Park. Spanning 44 square kilometres, the fourth phase comprises three different hybrid technologies, including a 600-MW parabolic basin complex, a 100-MW CSP tower and 250 MW from photovoltaic solar panels. The tallest solar tower in the world stands at just above 263 metres and the plant boasts the largest thermal energy storage capacity of 5,907MWh. A consortium led by Dubai Electricity and Water Authority (DEWA) and Saudi Arabia’s ACWA Power established Noor Energy 1 to design, build and operate the fourth phase, with DEWA owning 51%, ACWA Power at 25% and the Chinese Silk Road Fund at 24%. The project has appropriated an investment of about AED 15.8 billion and is aiming for an overall capacity of 5,000 MW by 2030.
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