EWEC is requesting proposals for the development of 1.5 gigawatts of solar power in Abu Dhabi
EWEC has released a request for proposals (RfP) for developers and consortia interested in developing a 1.5 GW solar project in the Al Khazna area of Abu Dhabi, United Arab Emirates.
The tender is available to bidders who have successfully completed the qualification process after an expression of interest stage that commenced in September 2023.
EWEC has reported that 27 companies and consortia have submitted expressions of interest, with 19 qualifying for the RfP stage, where they will receive detailed requirements and proposed technical parameters for the project.
The Khazna PV project will encompass the development, financing, construction, operation, maintenance, and ownership of the plant and its associated infrastructure.
The selected developer or consortium will have up to 40% ownership of the facility, with the remaining equity indirectly held by the Abu Dhabi government.
They will also engage in a long-term Power Purchase Agreement (PPA) with EWEC, structured as an energy purchase agreement, where EWEC will only pay for the net electrical energy supplied by the plant.
Upon full operation, the Khazna project, in conjunction with the Noor Abu Dhabi, Al Dhafra PV, and Al Ajban solar installations, will elevate EWEC’s total installed PV capacity to 5.5 GW.
Khazna alone is projected to generate enough electricity for approximately 160,000 homes across the United Arab Emirates.
Othman Al Ali, CEO of EWEC stated that: “As the fourth utility-scale solar project, Khazna Solar PV represents a major milestone in our scheduled expansion of new solar PV capacity from 2027 to 2037, aiming to lead the UAE’s transition to a sustainable future in alignment with the nation’s Net Zero by 2050 Strategic Initiative”
The responses to the RfP are anticipated in the third quarter of this year.
EWEC has announced that a public event will be held to confirm the companies and consortia submitting proposals.
Source: EWEC
