Shanghai Electric Generation Group signs EPC agreement with DEWA for solar power project
An Engineering Procurement Construction (EPC) agreement has been signed for the fourth phase of a major sola power project in Dubai.
Shanghai Electric Generation Group (SEGC) has signed an EPC agreement with the Dubai Electricity and Water Authority (DEWA) for a 700MW CSP project to be built at the Mohamed bin Rashid Solar Park in Dubai.
Under the agreement, the worlds tallest CSP tower will be built at 260m as well as parabolic troughs which will collect heat and store it “molten salt to supply electricity on demand during the day and night.”
The project is the fourth phase of the Mohamed bin Rashid Solar Park, the largest thermo-solar power plant in the world.
Through the construction of the tower, the Mohammed Bin Rashid Solar Park will look to save 2.4 million tons of CO2 and half a million tons of natural gas per year.
"I am pleased to be here in Shanghai to attend the signing of the Engineering, Procurement and Construction Agreement for the completion of the fourth phase of the Mohammed Bin Rashid Al Maktoum Solar Energy Complex," said DEWA MD & CEO of DEWA, HE Saeed Mohammed Al Tayer. "This agreement builds on the strong ties between our two countries, which were formed by our common values and the commercial and economic interests that unite us."
"By signing this agreement, we have taken a significant step towards starting the engineering and construction works. We are committed to supporting Dubai's Clean Energy Strategy through this project, which extends our portfolio in the energy sector in Dubai," said ACWA Power Chairman, Mohammad Abunayyan.
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.