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Noor Energy 1

Noor Energy 1

OVERVIEW

The 950 MW hybrid project (700MW CSP  & 250MW PV) fourth phase of the Mohammed Bin Rashid Al Maktoum Solar Park, is the largest single-site concentrated solar power plant in the world using a state-of-the-art combination of a central tower and parabolic trough concentrated solar power (CSP) technologies to collect energy from the sun. This will be supported with Photovoltaic panels to take the full phase to 950 MW. The project, which was awarded to an ACWA Power led consortium in 2017, will deliver electricity at a levelised tariff of US $7.30 cents per kilowatt-hour; a cost level that competes with fossil fuel generated electricity without subsidy for reliable and dispatchable solar energy through the night. The plant will support the Dubai Clean Energy strategy 2050 to increase the share of clean energy at Dubai to 25% by 2030, and will allow a saving of 1.6 Million tons of CO2.

KEY FACTS

  • LOCATION

    Dubai, UAE

  • OFFTAKER

    DEWA

  • POWER

    950 MW

  • TECHNOLOGY

    CSP with Tower & Trough

  • PROJECT COST

    USD 4,323 Mn

  • ACWA POWER SHARE

    24.99%

  • CONTRACT TYPE

    PPA-BOT-35 YR

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