UAE’s Masdar to Develop $1.5 Billion Solar Park for DEWA
Masdar was selected from a pool of 23 international bidders
September 7, 2023
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The Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Future Energy Company Masdar signed an agreement to construct and operate the 1.8 GW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park. The project will cost up to AED5.51 billion (~$1.5 billion).