Last Updated: Tue Jan 10, 2012 11:18 am (KSA) 08:18 am (GMT)

From Kuwait Times: Dubai launches $3.27bn solar energy project

DUBAI: The emirate of Dubai yesterday unveiled plans to build a 12 billion dirham ($3.27 bln) solar energy park, with potential capacity of 1,000 megawatts (MW) as part of its efforts to reduce its energy reliance.

Under Dubai’s Integrated Energy Strategy 2030, it plans to reduce energy imports and climate warming carbon dioxide emissions by 30 percent by 2030, using its own solar power and nuclear power imported from neighboring emirate Abu Dhabi to reduce reliance on gas.

Named after Dubai’s ruler, Sheikh Mohammed Bin Rashid Al Maktoum Solar Park will cover an area of 48 square km. The first solar plant of the park will have a capacity of 10 MW and is planned to commence operations by end-2013. It will cost around 120 million dirhams. “The members of the Supreme Council of Energy are financing the project,” said Saeed Mohammed Al-Tayer, vice chairman of Dubai’s Supreme Council of Energy, referring to the 10 MW plant.

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