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Latest News

Utico announces first solar power development in Ras Al Khaima

Solar Panel 1

Project to emit 40 mw throughout the emirate

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January 26, 2014 12:12 by



The UAE was recently announced as one of the biggest energy consuming countries in the world, as stated by the minister of energy, Suhail bin Mohamed Faraj Fares Al Mazrouei, who discussed the possibility of a rise in tariffs so that people become more aware of their levels of consumption. With that in mind, the first independent solar power project has recently been announced for development in Ras Al Khaima by Utico.

The project will be the first of its kind in the UAE and will provide affordable power to consumers in the region, as well as saving and preserving energy altogether. The development has called for a 40MW prequalification process that will connect to the Utico grid, which will eventually increase to 120MW in order to connect to the federal grid if approved by the government.

Solar energy is the technology used to harness the sun’s energy and make it useable, according to the National Geographic Society. Hence, it is lauded as an inexhaustible pollution- and noise-free fuel source, which is precisely why this project will prove to be beneficial to the emirate, both in terms of economy and energy.

Additionally, Utico has closed a prequalification process for a 100,000 m3/day desalination plant, which will provide consumers with clean water also at an affordable price and without wasting too much energy.

“Today, Ras Al Khaimah has the most economical utility tariff structure in the UAE that is progressive, real and pro-industry,” says Richard Menezes, executive vice chairman at Utico. “We hope that this model of development will help the UAE to reduce subsidies and utilise these savings and put them to better use for social and economic development,” he adds. He mentions that this same project is also being proposed to several other emirates in the country as well as many other countries in the region like Lebanon, Cyprus, and Oman, to name a few.

Apart from the solar energy project and the solar-powered desalination project, Utico has also announced several other projects in the making, such as the 270MW clean coal power project, which will add to the company’s environmentally friendly portfolio.

 



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