Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  

EWEC invites bids for one of the world's largest solar plants to be located in Abu Dhabi

 

Abu Dhabi, 03 July, 2019: Emirates Water and Electricity Company PJSC (EWEC), the UAE’s leading procurer of water and electricity, has issued a Tender for the construction and development of a new 2,000 MW solar photovoltaic (PV) power project to be located at Al Dhafra, Abu Dhabi. The new project forms part of a series of projects approved by the higher Committee for the Water and Electricity Sector in Abu Dhabi.

Once completed, the project site will cover an area of approximately 20 Km², almost doubling the capacity of the current largest operational single-site solar PV plant in the world, Noor Abu Dhabi. The new project is expected to achieve commercial operations during the first quarter of 2022, upon which it would take Abu Dhabi solar capacity to 3,200 MW.

This follows the receipt by EWEC earlier this year of 48 Expression of Interests (EOIs) from leading international and local developers. In line with the successful Independent Water and Power Producer (IWPP) program launched by the Abu Dhabi government in 1998, successful bidders would hold a 40% equity participation in the project, with the remaining stake held by local entities.

Commenting on the announcement, Othman Al Ali, CEO of EWEC noted that: “The new solar project in Al Dhafra marks yet another milestone in EWEC’s commitment to the UAE Energy Strategy 2050, which aims to increase the contribution of clean energy as part the country’s overall energy mix. The strong interest expressed so far illustrates the attractive business model and reaffirms the strong case for investment in UAE’s renewable energy sector.”


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 11652 times
PR Category : Energy and Industry
Posted on : Wednesday, July 3, 2019  6:03:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Schneider Electric's Batam Smart Factory recognized by the W...
Next Story : Saudi Arabia's Ministry of Energy, Industry and Mineral Reso...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
LG named the official partner of the Esports world cup 2024 in Saudi Arabia [17622-Views]
Zayed National Museum recreates Magan Boat in partnership with Zayed University and New Yo... [8220-Views]
UAE climate change experts seek youth and academic views [8208-Views]
OPPO Launches Unbeatable AI Phone Reno12 Series and TWS Enco X3i in GCC on July 2nd [7413-Views]
Giorgio Armani Eyewear collaborates with renowned Calligrapher Diaa Allam [6929-Views]
UAE and Japan discuss the latest developments in the comprehensive strategic partnership a... [6896-Views]
LG acquires Athom to advance AI-Enabled intelligent Space Business [6667-Views]
Union Coop Announces Exciting Promotions for July 2024 [5916-Views]
Galibier launches Pogačar toward Yellow Jersey [5801-Views]
Arabian Horse Racing Meets French Expertise at the Sheikh Mansoor Festival's 16th Edition [5719-Views]
RTA delivers Traffic Safety Awareness Messages to 350,000 Students,holds events attracting... [5715-Views]
Mohammed Bin Rashid Library Hosts Poetry Evening on 11 July [5683-Views]
School of Life sheds light on emotional intelligence and quality of life this July [5654-Views]
Pogačar retains yellow after 2nd place in time trial [5629-Views]
Creative and Unique Events Await Visitors of Mohammed Bin Rashid Library in July [5625-Views]
PG Real Estate Unveils Bold AED 1 Billion Investment Plan [5560-Views]
The Authority of Social Contribution Ma'an Signs MoU With Emirates Cancer Society To Pro... [5551-Views]
Al Ain Summer Sports Begins with Exciting New Sports and Kids Summer Camp at ADNEC Centre ... [5551-Views]
Kempinski Hotel Mall of the Emirates hosts Jumeirah College Enterprise Week 2024 [5535-Views]
IATA and ASF to Develop Standard Cabin Waste Composition Audit Program and Drive Circulari... [5482-Views]
Malabar Gold & Diamonds strengthens presence in the UK, opens 2nd showroom at Leicester [5293-Views]
Dubai Customs and Dubai Chambers Discuss Joint Cooperation and Support for Dubai Economic ... [5256-Views]
Summer Streaming Made mobile with LG stanbyme movable smart screen and StanByMe go carry B... [5182-Views]
Citymax Al Barsha at the Mall Welcomes High So [5162-Views]
UAE to host Asia-Pacific Accreditation Cooperation annual meetings for first time [4801-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories