Dubai Vice President and Prime Minister Mohammed bin Rashid Al Maktoum inaugurated the hybrid solar facility at the photovoltaic park named after him. Phase 4 includes the largest concentrated solar power facility on Earth, with 700 MW of capacity and 250 MW of photovoltaic capacity. The solar park aims to reach 5 gigawatts, including thermal and green hydrogen. Phase 4 is worth $4.3 billion and features record-height solar towers and the world’s largest thermal energy storage capacity. The inauguration coincides with Dubai hosting the 28th Conference of the Parties (COP28), the United Nations climate change conference.