01 December 2024
Emirates Water and Electricity Company (Ewec) has announced that it has received bids from consortiums of French group EDF Renewables and Korea Western Power as well as those of Jinko Power and Jera for development of Abu Dhabi’s Khazna Solar PV Independent Power Project.
French utility major Engie too is in the race for the 1,500 megawatt (AC) facility.
Located in Al Khazna area of Abu Dhabi, it is Ewec’s fourth world-leading, utility-scale solar power project. Once commercially operational, it will generate enough electricity to power 160,000 homes across the UAE and will also raise Ewec’s total solar PV power capacity to approximately 5.5 gigawatts (GW) AC, said the utility project developer.
Khazna Solar PV is expected to reduce Abu Dhabi’s carbon emissions by more than 2.4 million tonnes per year, providing five per cent of Ewec’s forecasted 36 per cent reduction in power emissions intensity by 2030 compared to today.
Ewec said it had received 27 Expressions of Interest (EoIs) from potential bidding companies and consortiums, with 19 qualifying for the request for proposal (RFP) stage after submitting statements of qualification. Moving forward, the proposals will undergo a detailed technical and commercial evaluation process to select the best proposal.
The awarding announcement and the execution of the Power Purchase Agreement are expected to take place by Q2 next year.
Ewec said the Khazna Solar PV project plays a pivotal role in enabling it to achieve its strategic plans of raising Abu Dhabi’s solar power generation capacity to 13GW by 2030.
The project will also help supply 60 per cent of Abu Dhabi’s total power demand from renewable and clean energy sources by 2035, in line with the Department of Energy’s (DoE) Clean Energy Strategic Target 2035 for Electricity Production in Abu Dhabi.