GE Power Conversion has entered into an agreement to supply 200MW inverters to Dubai Electricity and Water Authority’s (DEWA) solar project.
Under the agreement, GE will supply its 220MW LV5 Series solar inverters supporting UAE government’s commitment for sustainable development for the solar project.
The project is also considered to be a breakthrough in the solar industry because of the power purchase agreement between DEWA and ACWA Power, is one of the lowest in the world with $5.84/ watt without any subsidies. This makes solar power much more competitive than any other renewable resource.
As part of the agreement, GE will supply the inverters and SKIDs to TSK, a Spanish engineering, procurement and construction company. TSK will install them at DEWA site.
GE Gulf president and CEO Dalya Al Muthanna said: "We’re extremely proud to partner with DEWA and TSK on this groundbreaking solar project.
"Their trust in our technology for their utility scale project adds weight to the trust shown by various industry players in GE’s solar offerings.
"GE is committed to supporting the UAE’s sustainable energy strategy to provide clean power for generations to come, and this project marks an important proof point for that."
GE claims that the inverters have been specifically designed to meet the local conditions and also the stringent conditions from DEWA. The inverters will be liquid cooled and are rated for outdoor use and have been constructed to endure harsh weather conditions.
GE Power Conversion business Renewables Sales leader for the Middle East, North Africa and Turkey Hani Majzoub said: "The Middle East is one of the most promising solar markets in the world and our commitment to providing sustainable power for our region is highlighted through this project.
"We will continue to support utilities in the region with innovative technology such as our LV5 Series 1,500V inverters, which provide up to 3% cost-savings in both CAPEX and OPEX.
"In addition to technology innovation, GE can also provide financing, long-term service and digital solutions to help enable efficient solar farms."
The delivery of the 220MW inverters is expected to begin during the summer of 2016. GE believes that its involvement in solar projects will strengthen its position as a key technology enabler in the industry.
GE has an experience of utility scale projects in countries such as Germany, France, Japan, Chile, South Africa and US.