The world’s largest single site solar park will also feature the world’s tallest energy tower and largest thermal energy storage capacity. The fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park will feature the world’s tallest solar energy tower, according to officials, helping provide clean energy to more than 270,000 residences. The 260-metre tower will help the project generate 700 MW of clean energy, which will help reduce carbon emissions by 1.4 million tonnes each year.

“We will continue pursuing ambitious investments with an emphasis on projects that have a positive impact on people’s lives,” Sheikh Mohammed, Ruler of Dubai, said in a statement. “Clean and renewable energy is key to sustainable development and the UAE has set an example for its rapid adoption.”

Additionally, the project will also have the world’s largest thermal energy storage capacity. The $3.8 billion (AED 14.2bn) project has achieved the world’s lowest levelised cost of electricity (LCOE), of 7.3 US cents per kilowatt hour (kW/h).

The Dubai Clean Energy Strategy 2050 aims to provide 75 percent of Dubai’s total power output from clean sources by 2050. “Achieving these ambitious targets will require more than 42,000MW of clean and renewable energy by 2050,” said Saeed Mohammed Al Tayer, the CEO of the Dubai Electricity and Water Authority (DEWA). “This project is one of the most important projects that will contribute to these needs.”

Al Tayer added that the solar park will provide Expo 2020 with a dedicated capacity of 464MW of clean energy, making it the first world Expo to be completely powered through clean energy sources. The facility is the largest single site solar park in the world, and is expected to generate 1,000 MW by 2020 and 5,000 MW by 2030.

– Post from arabianbusiness.com