PR85008

SHANGHAI, Aug. 3, 2020 /PRNewswire=KYODO JBN/

Shanghai Electric Group has been appointed by ACWA Power of Saudi Arabia, as

the Engineering, Construction and Procurement (EPC) contractor, to deliver the

fifth phase project of the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai,

with capacity of 900MW. Zheng Jianhua, Chairman of Shanghai Electric Group, and

Muhammed Abunayyan, Chairman of ACWA Power, signed a cooperative agreement at

an online signing ceremony on July 28.

Video - https://cdn5.prnasia.com/202008/ShanghaiElectric/video1.mp4 

The Solar Park project is the largest single-site solar power plant in the

Middle East. It comprises both photovoltaic and concentrated solar power

technologies and will boast a total capacity of around 5GW once complete.

The two groups have been cooperated with each other in the 700MW Concentrated

Solar Power (CSP) project and the 250MW PV solar power project, which are the

fourth phase of the Solar Park. Shanghai Electric Group worked with ACWA Power

for bidding the tender of the latest phase of 900MW and finally won.

The global solar power industry is booming in the recent years. Marked by this new phase

of partnership, Shanghai Electric Group has cemented its expansion in new energy sector

in the Middle East and is expected to expand eventually across the globe.

"ACWA Power and Shanghai Electric are both acknowledged as important

participators in the global energy field. The contract signing of 900MW Solar

Park project is another milestone along the journey of the pair's cooperation.

I hope the upcoming plant will be another benchmark in the region as well as

worldwide," said Zheng at the ceremony.

Abunayyan said at the event that since the inception of the partnership in

2008, ACWA Power and Shanghai Electric Group have made quite a lot of

breakthroughs, demonstrating to the world that the Group is a reliable and

trusted partner. "As we move swiftly forward with implementation, the signing

of the EPC contract between ACWA Power and Shanghai Electric for the fifth

phase of the Solar Park project represents a crucial milestone of the

cooperation between the two companies," said Abunayyan. He added that to the

latest project, the Group will bring more pioneering technologies and create

larger value than before.

The Mohammed Bin Rashid Al Maktoum Solar Park will be a key pillar in

fulfilling Dubai Clean Energy Strategy 2050 to increase the share of clean

energy in Dubai's total power output to 75 per cent by 2050. The project sets

the benchmark for the rest of the world through leveraging the Public-Private

Partnership (PPP) model and carrying forward large-scale, cost-competitive projects.

For more information, visit www.shanghai-electric.com

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SOURCE: Shanghai Electric