Al Maktoum Solar Park fifth phase launched ...United Arab Emirates

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the 900 megawatt (MW) fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world – with a planned capacity of 5,000 MW by 2030. Featuring a total investment of AED50bn ($13.6bn), based on the Independent Power Producer (IPP) model, the Solar Park is expected to reduce 6.5 million tonnes of carbon emissions annually when fully completed. The fifth phase will provide clean energy to around 270,000 residences in Dubai, reducing 1.18 million tonnes of carbon emissions annually. The AED2bn project, implemented based on an IPP

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