His Highness Sheikh Mohammed bin Rashid Al Maktoum,Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced the largest single-site Concentrated Solar Power (CSP) project in the world, which will be built at a total cost of Dh14.2 billion.

The CSP project, which represents the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, will generate 700MW of clean energy to support Dubai's electricity grid. The project is considered an integral part of the emirate's Clean Energy Strategy 2050.

His Highness Sheikh Mohammed highlighted the UAE's model for sustaining a green economy based on environmental sustainability and clean energy. The UAE has a clear strategy for implementing and further developing this model to maximise its benefits, in addition to investing in infrastructure, building capabilities and developing specialised local talent.

"We have made steady progress in realising the goals of Dubai Clean Energy Strategy 2050 that was launched as part of our objective to transform Dubai into a global clean energy and green economy hub. The carbon footprint of Dubai will be the lowest in the world by 2030," said Sheikh Mohammed. "We are proud that by demonstrating their capabilities, our local talent have proved that they are ready to assume responsibility," he added.

Source: Khaleej Times