Saturday 20 October 2012

FSLR to Build Solar Plant in Dubai - Analyst Blog - NASDAQ.com

First Solar, Inc. ( FSLR ) has been chosen to build a 13 megawatt ("MWDC") solar photovoltaic ("PV") power plant in Seih Al Dahal by the Dubai Electricity & Water Authority (DEWA).  The company will not only provide advanced thin-film PV modules but will also offer engineering, procurement and construction services.

Located approximately 50 kilometers south of Dubai, the Arab Emirates Dirham's ("AED") 12 billion project is spread over an area of 48 square kilometers. On an average, the power plant has the capacity to generate more than 22 million kilowatt hours of electricity annually, which is sufficient to meet the average annual electricity requirement of more than 500 homes. Being eco friendly, the electricity generated by the plant will be approximately equal to eradicate 1,600 cars from the road per year. With the optimum use of both PV and solar thermal technology, the plant will displace more than 14,000 metric tons of CO2 per annum. The project will eventually help Dubai to get 5% of its electricity from renewable sources by 2030.

No comments:

Post a Comment