A 950 MW solar complex has been inaugurated in Dubai, host of the COP28 climate change conference. The hybrid facility consists of the most powerful concentrated solar power (CSP) system and photovoltaic installations on Earth. This is the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, which is vying for the title of the largest solar park in the world.

Phase 4 includes the world's largest concentrated solar power facility with a total installed capacity of 700 MW and 250 MW of photovoltaic power generation capacity. The Mohammed bin Rashid Al Maktoum Solar Park is expected to generate 5 gigawatts of electricity. Currently, even without CSP, its total installed capacity reaches 2.6 GW, making it one of the few largest installed capacities on the planet.

The entire system will include heat and green hydrogen. Dubai Electricity and Water Authority (DEWA) said the concentrated solar power segment features a record-high number of solar towers and the largest thermal energy storage capacity. The utility controls 51% of the Noor Energy 1 joint venture, which is building the fourth phase of the project. Co-owners are Saudi Arabia's ACWA Power (25%) and China Silk Road Fund (24%).

The fourth phase of the project is worth US$4.3 billion. According to DEWA, the CSP facility has a 600 MW parabolic basin complex and a 100 MW 263-meter-tall solar tower. Additionally, it cited Guinness World Records as saying that it has the largest thermal energy storage capacity at 5.9 GWh.

The fifth phase of the project has been put into use this year.