French energy giant EDF has announced it is joining the consortium working on the ‘largest single-site solar park in the world’.
The Mohammed bin Rashid Al Maktoum Solar Park in Dubai is expected to attract investment of $14 billion and have a capacity of 5,000 megawatts (MW) by 2030.
EDF Group, via its subsidiary EDF Energies Nouvelles, will be part of the Masdar-led consortium developing the 800 MW third phase, due to be completed in 2020.
“With construction of phase three now well under way, we are proud to bring EDF Group into the consortium realising what will be the largest single-site solar power plant in the world on completion, and to benefit from EDF Energies Nouvelles’ extensive international experience in renewable energy deployment, particularly in emerging markets,” said Mohamed Jameel Al Ramahi, CEO of Masdar, Abu Dhabi Future Energy Company.
The project is a key element of the Dubai Clean Energy Strategy 2050; an initiative aimed at ensuring a quarter of Dubai’s power output (expected to be 7% in 2020) comes from clean energy by 2030, rising to 75% by 2050.