DEWA wins carbon credits for solar park
Dubai utility awarded credits for 13MW Dubai solar park under UN Clean Development Mechanism.
DEWA has been awarded 10,635 carbon credits for the energy generated by the 13MW Sheikh Mohammed bin Rashid Al Maktoum Solar Park in 2014, which exceeded expectations.
The credits were awarded by the Clean Development Mechanism (CDM) Executive Board of the United Nations Framework Convention on Climate Change.
The CDM enables a country with an emission-reduction or emission-limitation commitment under the Kyoto Protocol to implement an emission-reduction project in developing countries.
Such projects will earn Certified Emission Reduction (CER) credits, with each being equivalent to one tonne of carbon dioxide. This can then be counted towards meeting the Kyoto targets.
This is regarded as the first global environment investment and credit scheme of its kind that provides a standardised emissions offset instrument. A CDM project, for example, could be a rural electrification project that uses solar panels.
"The Mohammed bin Rashid Al Maktoum Solar Park plays a key role in achieving the goals of the Dubai Integrated Energy Strategy 2030, launched by the Dubai Supreme Council of Energy, to reduce demand for energy, diversify energy sources and increase the share of renewable energy," said Saeed Mohammad Al Tayer, MD and CEO of DEWA.
"Dubai is making significant and steady progress in increasing the production of renewable and clean energy. Recently, we have increased our target for renewable energy in Dubai’s total energy mix to 7 percent by 2020 and 15 percent by 2030. We have doubled the capacity of the second phase of the Solar Park to 200MW and announced the third phase with a capacity of 800MW.
“The project is based on the Independent Power Producer model, and is another key achievement that places Dubai and the UAE at the forefront of nations leveraging renewable and clean energy," he said.