Ewec seeks bids for 1500MW Abu Dhabi solar PV project
- May 10, 2022 4:04 pm GMT
A leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the
A greenfield solar PV plant with a capacity of 1,500 MW, the Al Ajban facility is fundamentally important to the energy transition and sustainability strategy of
It will generate enough electricity for approximately 160,000 homes across the
"With Al Ajban Solar PV, which will be similar in size and capacity output to Al Dhafra Solar PV,
The project will involve the development, financing, construction, operation, maintenance and ownership of the plant, and associated infrastructure.
The successful developer or developer consortium will own up to 40% of the entity while the remaining equity will be held indirectly by the
Also the winning developer will enter into a long-term power purchase agreement (PPA) with Ewec, the single buyer of power and water capacity and output in
The PPA will be structured as an energy purchase agreement whereby Ewec will pay only for the net electrical energy supplied by the plant.
Ewec has set
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