LOINTEK technology has been selected for the turnkey supply of the integrated steam generation system and the oil-salt thermal storage system for DEWA IV, the world’s biggest thermosolar power plant that will start operating in 2022, in Dubai (United Arab Emirates).
The firm, based in Biscay (Spain), is in charge of the engineering, manufacture, installation and launch of the power island. This will take place in three phases: the first of 18 months, and the following two in consecutive 8-month periods.
These systems are considered to be critical elements in the plant’s development and of high thermomechanical complexity in their design and implementation.
The award of this contract is a reinforcement of the company’s position of global leadership,
With an estimated market share of more than 70% of thermosolar power plants across the world, the deal is expected to boost the company’s position and competitiveness in the industry.
The DEWA IV project entails an investment of $4bn and breaks a number of records.
In terms of its capacity, it has a total power of 950 MW, of which 600 are from parabolic trough generation (three times the maximum capacity of existing facilities), 250 MW from photovoltaic generation and 100 MW from the central tower system.
Another remarkable feature of the project is that it produces the cheapest known kWh, at a cost of 7.2 cm per dollar.
Steam generation system, feed water heaters and oil to salt heat exchangers in Kathu (South Africa)
The company has delivered around 1,000 heat exchangers in a decade, a figure ten times greater than the second company in the sector’s ranking.
LOINTEK has supplied power systems to 55 thermosolar plants in ten countries across America, Europe, Africa and Asia, with a total renewable thermosolar electrical power generation capacity of 3,500 MW.
In 2018, LOINTEK also participated in thermosolar plants in South Africa and Morocco that were already fully operational and, currently, it is working on the testing phase of a plant in Israel and the installation of another in Kuwait.