It might seem ironic that the oil-rich Middle East also holds nearly
half of the world’s renewable energy potential – but yesterday the
President of the United Arab Emirates, Sheikh Khalifa bin Zayed Al
Nahyan, officially inaugurated
Shams 1, the largest concentrated solar power plant (CSP) in the world. The plant was designed and developed by
Shams Power Company, and it cost $600 million and took three years to build. It’s owned by
Masdar,
Abengoa Solar and
Total.
This gargantuan power plant covers almost one square mile – the
equivalent of about 285 football fields. According to Masdar, it will
generate enough electricity to power 20,000 homes in the United Arab
Emirates. It will also displace 175,000 tons of CO2 per year – the
equivalent of planting 1.5 million trees or taking 15,000 cars off the
road
Though Abu Dhabi has made a considerable investment in
CSP, key members of Shams Power Company foresee most of the country’s renewable energy coming from solar photovoltaic systems
to meet its 2020 energy target of producing 7% of its total energy from
renewables. This is because photovoltaic systems are cheaper, faster to
build and are able to be installed in more locations than CSP systems.
It is good to see a region so rich in oil look to grow its renewable energy potential. Dr. Sultan Ahmed Al Jaber, CEO of
Masdar
states, “the inauguration of Shams 1 is a breakthrough for renewable
energy development in the Middle East. With the demand for energy rising
exponentially, the region is undergoing a major transformation in how
it generates electricity. In fact, the Middle East is poised for major
investments in renewables, and Shams 1 proves the economic and
environmental advantage of deploying large-scale solar projects.”
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