23.1 C
Dubai
Wednesday, November 13, 2024
spot_img

Acwa and EDF compete for 1.5GW of Abu Dhabi solar PV projects

[ad_1]

The Emirates Water and Electricity Company (Ewec) has announced that four major utility developers have submitted proposals to develop the new 1.5GW Al Ajban solar photovoltaic (PV) independent power project (IPP) in Abu Dhabi.

These are Saudi Arabia-based Acwa Power; French utility giant EDF Renewables, Japan’s Marubeni Corp and a consortium with China’s JinkoPower and Japan’s largest power generation company Jera as partners.

Ewec has received 43 EoIs (Expressions of Interest) from potential bidding companies and consortiums, of which 19 were eligible to proceed to the RFP stage after submitting a statement of eligibility.

In making the announcement, Ewec said Al Ajban Solar PV is its third world-leading solar power project, thus making Abu Dhabi home to the three largest single-unit solar power plants.

Once in commercial operation, it will generate enough electricity to power approximately 160,000 homes in the UAE and is expected to reduce Abu Dhabi’s CO2 emissions by up to 2.4 million tonnes per year. It will also increase Ewec’s total solar power generation capacity to around 4 GW (AC), it added.

Additionally, the Al Ajban Solar PV Project plays a key role in helping Ewec achieve its strategic plan to increase Abu Dhabi’s solar power generation capacity to 7.3 GW by 2030 and meet Abu Dhabi’s than 60% of the total electricity demand.

Othman Al Ali, Chief Executive Officer of Ewec, said: “Al Ajban Solar PV demonstrates EWEC’s accumulated expertise in commissioning and deploying world-leading innovative, emissions-free utility projects to ensure and deliver sustainable and reliable power across the UAE supply.”

He said Ewec’s renewable energy projects are further strengthening the UAE’s position as a global leader and role model in planning and implementing strategic and tangible actions to achieve long-term socio-economic and sustainable development goals.

He added: “The receipt of these competitive bids is a testament to our expertise in commissioning world-leading renewable energy projects that have attracted internationally renowned companies to collaborate in delivering the UAE’s carbon-neutral future.”

Going forward, the proposals will go through a detailed technical and commercial evaluation process to select the best proposal, Ewec said.

The award announcement and power purchase agreement are expected to be signed in the fourth quarter, it added.– trade arab news agency

Copyright 2022 Al Hilal Publishing and Marketing Group Courtesy of SyndiGate Media Inc. (Syndigate.info).

[ad_2]

Source link

Related Articles

Abu Dhabi Oil and Gas Summit Ignites Strategic Dialogues on Energy Security and Innovation Amid Regional Challenges

Abu Dhabi: The UAE’s oil and gas industry recently convened for its annual summit in Abu Dhabi, where top energy leaders discussed strategies for...

Abu Dhabi Leads Global Health Frontier: Largest-Ever WHO Emergency Medical Teams Meeting Unites 1,300 Experts Worldwide

Abu Dhabi recently marked a milestone in global health by hosting the largest-ever World Health Organization (WHO) Emergency Medical Teams (EMT) meeting. This pivotal gathering...

ADNOC Unveils Cutting-Edge AI Program: Transforming Efficiency and Innovation in Energy

ADNOC unveiling of its AI program marks a significant step forward in the digital transformation of the energy industry. Abu Dhabi National Oil Company (ADNOC)...

ADIPEC 2024 Unites Global Leaders in Abu Dhabi to Shape a Sustainable Energy Revolution

ADIPEC 2024 Ignites a Bold Vision for UAE’s Sustainable Energy Future: Global Leaders Unite in Abu Dhabi to Drive Innovation and Shape a Greener...

From Vision to Reality How Harshit Aggarwal’s Novamax Industries is Redefining Cooling Solutions

In the fast-evolving world of startups, where passion meets perseverance, Harshit Aggarwal has carved out an impressive path with Novamax Industries LLP. Founded in...

Latest Articles