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The EPC contract for the Dubai 700MW CSP project signed in Shanghai

Reported from CSPPLAZA: On the morning of April 13th, the deal on the Dubai 700MW fourth phase CSP project of the Mohammed Bin Rashid Al Maktoum Solar Park is officially signed in Shanghai. The executive vice-mayor of Shanghai  and deputies of ACWA Power , Shanghai Electric, Shanghai Electric Bright source Thermal Engineering attended  the signing ceremony.

Zheng Jianhua, Chairman of Shanghai Electric/Shanghai Electric Group Company Limited, noted:” The construction of Dubai 700MW project marks that the CSP technology has entered a new stage. It not only facilitates the cooperation on new energy between Shanghai Electric and world-class developers, but also sets a milestone in the development history of global new energy.”

Photo:signing scene

Photo:the project sketch

To know more about the project,please attend the 2018 China International CSP Station Conference & CSPPLAZA fifth Annual Conference in June

Important statistics/Key points on the project

●7.3 cents/kWh
the lowest price globally

●35 years
The world’s first CSP plant with a 35-year PPA period

3*200MW parabolic trough plants+1*100MW tower plant
the largest concentrated solar power project

Owner: Saudi Arabia’s ACWA Power, DEWA, the Silk Road Fund
EPC: Shanghai Electric
Tower solar field technology: Brightsource
Parabolic trough solar field technology: Abengoa

●14.2 billion DHS
approximately 25.3 billion RMB

●3750 hectares
about the size of 4500 football fields

●15 hours/11 hours
15 hours’ storage for tower plant and 11 hours’ storage for parabolic trough plants

●260 meters
Tower with a height of 260 meters

●1.4 million tonnes
reducing 1.4 million tonnes of carbon emissions per year

●270000 residences
providing electricity to over 270,000 residences

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