May 10 (Renewables Now) - Shanghai Electric Group Co Ltd (HKG:2727) has selected Spain's Abengoa SA (BME:ABG) to be the technology partner for a concentrated solar power (CSP) project in Dubai, the Spanish group said on Wednesday.
Abengoa added the value of the work it will be directly responsible of is around USD 650 million (EUR 549m).
The project is part of phase four of the Mohammed bin Rashid Al Maktoum solar power complex of the Dubai Electricity and Water Authority (DEWA), which will consist of a 100-MW central tower CSP technology and three 200-MW facilities of parabolic trough CSP technology. Abengoa will be involved as the provider of the CSP technology and construction of the solar field for the three parabolic trough plants, which will feature 12 hours of molten salt storage.
Saudi Arabia-based ACWA Power and Shanghai Electric won the tender to build the 700-MW project in September 2017 with a bid of USD 0.073 per kWh. The start of construction was announced in March this year. Shanghai Electric is acting as the engineering, procurement and construction (EPC) contractor.
(USD 1 = EUR 0.843)