DEWA: Expanding clean energy projects will not raise energy prices in Dubai

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Dubai Electricity and Water Authority's Managing Director and CEO, Saeed Al Tayer, confirmed there will be no increase in energy prices in Dubai as a result of expanding clean energy projects.
 
Al Tayer told Emaratalyoum that the authority continues to develop solar and storage projects to enhance the efficiency of the energy system, and plans to implement several clean energy projects in the coming period.
 
He explained that the targeted capacity of the Mohammed bin Rashid Al Maktoum Solar Park by 2030 rose from 5,000 megawatts to 8,000 megawatts, while estimated reductions in carbon dioxide emissions increased from 6.5 million tons to about 8 million tons by the same year.
 
He added that the authority will announce the results of awarding solar and storage systems projects in November, describing them as among the world’s largest in the energy sector, noting the process started about three years ago.