Dubai’s ACWA Power, DEWA sign power purchase agreement

29 Mar 2015

(MENAFN) An ACWA Power and TSK syndicate signed a twenty-five year power purchase agreement (PPA) with Dubai Electricity and Water Authority (DEWA), Saudi Gazette reported.

Under the PPA, a sum is set to be invested for the 260 MWp solar photo-voltaic (PV) independent power project (IPP) under Phase II of the Middle East’s largest renewable energy park viz.

“We are very excited that our first project in the UAE is a partnership with DEWA for such a pace setting project of a global scale which also is the foundation of DEWA’s vision to develop a green economy in Dubai,” The President and CEO of ACWA Power said.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more