Yingli targets Dubai's 100MW Solar Park expansion
Chinese giant to participate in next phase "in one way or another".
Yingli Solar is intent on participating in the next phase of Dubai’s Sheikh Mohammed Bin Rashid Solar Park.
The Chinese company, which yesterday announced a major expansion in the burgeoning Middle East market, confirmed it was among companies to throw its hat into the ring at the Expressions of Interest (EOI) stage.
“We expressed our interest to participate in the 100 MW IPP tender,” Dimitirios Bachadakis, managing director, Yingli Green Energy, told a press conference in Dubai on Tuesday.
He explained that Yingli could team up with some of its global partners to bid for the project.
“Many of our global partners also show interest in this project. Over the next period we will make our strategies clear and you will see how we develop,” he said.
“But definitely this project gets our attention and we will participate in the project in one way or another.”
The Sheikh Mohammed Bin Rashid Solar Park was commissioned last year with a capacity of 13 MW.
DEWA plans to expand the project by 100MW through an Independent Power Project (IPP) tender.
The utility will select the companies that meet its qualification criteria and those companies will be invited to submit formal binding proposals for the tender by 5 July.
A final call on the winner is expected by the end of 2014 or the end of the first quarter next year.