Latest / DEWA Podcasts / DEWA increases 2030 capacity target of Mohammed bin Rashid Al Maktoum Solar Park by 60% • The flagship project is the world’s largest single-site solar park

Transcript

DEWA increases 2030 capacity target of Mohammed bin Rashid Al Maktoum Solar Park by 60% • The flagship project is the world’s largest single-site solar park · DEWA Podcasts

• 0:00
  Welcome to Dubai Energy News. Dubai Electricity
• 0:04
  and Water Authority has increased the 2030 capacity
• 0:08
  target of the Mohammed bin Rashid Al Maktoum
• 0:11
  solar park by 60%. The flagship project is the
• 0:15
  world's largest single -site solar park. A recent
• 0:19
  report revealed that global renewable energy
• 0:22
  surged to 582 gigawatts in 2024. including 452
• 0:28
  gigawatts from solar. His Excellency Saeed Mohammed
• 0:31
  Ad -Taya, Managing Director and CEO of Dubai
• 0:35
  Electricity and Water Authority, said, In line
• 0:39
  with the vision and directives of His Highness
• 0:42
  Sheikh Mohammed bin Zayed Al Nahyan, President
• 0:46
  of the UAE, and His Highness Sheikh Mohammed
• 0:49
  bin Rashid Al Maktoum, Vice President and Prime
• 0:53
  Minister of the UAE, and ruler of Dubai. We continue
• 0:58
  to consolidate the UAE's leading position in
• 1:02
  clean and renewable energy. The Mohammed bin
• 1:05
  Rashid Al Maktoum solar park is a global model
• 1:09
  for sustainable infrastructure projects and for
• 1:12
  anticipating the future of the energy sector
• 1:14
  within an integrated system that reinforces Dubai's
• 1:18
  pioneering role in a green economy that is based
• 1:22
  on knowledge and innovation. The solar park's
• 1:25
  total production capacity has reached 3 ,860
• 1:30
  megawatts. By 2030, its total capacity will exceed
• 1:35
  8 ,000 megawatts compared to the original plan
• 1:39
  of 5 ,000 megawatts. The share of clean energy
• 1:43
  now exceeds 21 .5 % of Dubai Electricity and
• 1:48
  Water Authority's total capacity. By 2030, it
• 1:53
  will reach 36 % compared to 25 % in the original
• 1:57
  plan, reducing over 8 .5 million tonnes of carbon
• 2:02
  emissions annually. His Excellency Etayar added,
• 2:07
  The solar park supports the UAE Net Zero by 2050
• 2:11
  strategic initiative, the Dubai Clean Energy
• 2:14
  Strategy 2050 and the Dubai Net Zero Carbon Emissions
• 2:19
  Strategy 2050. which aim to ensure 100 % of Dubai's
• 2:24
  energy production capacity is from clean sources
• 2:28
  by 2050. We implement the solar park's projects
• 2:32
  in collaboration with the private sector through
• 2:35
  the independent power producer model, a pioneering
• 2:38
  approach that embodies the integration of government
• 2:41
  vision, technological innovation and investment
• 2:45
  efficiency. These partnerships highlight Dubai's
• 2:49
  flexibility in adopting innovative financing
• 2:51
  and operational models that accelerate the transition
• 2:55
  to renewable energy sources. They also demonstrate
• 2:59
  the ability to achieve a balance between economic
• 3:02
  efficiency and environmental sustainability.
• 3:05
  By adopting advanced technologies, including
• 3:09
  artificial intelligence, in the solar parks projects,
• 3:13
  We have doubled the efficiency of photovoltaic
• 3:16
  panels from 11 % to 24%, increasing production
• 3:21
  without the need for additional land. A remarkable
• 3:24
  achievement, reinforcing Dubai's global leadership
• 3:27
  in renewable energy. Thank you for joining us.