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EWEC Unveils Partners to Develop the 1.5 GW Al Ajban Solar Power Project in Abu Dhabi

Last Updated on Jun 24, 2024, 04:00 AM IST
EWEC Unveils Partners to Develop the 1.5 GW  Al Ajban Solar Power Project in Abu Dhabi

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EWEC (Emirates Water and Electricity Company) unveiled its partners for the development of the 1.5 GW Al Ajban Solar PV Independent Power Project. An international consortium comprising EDF Renewables, Korea Western Power Company (KOWEPO), and Masdar secured the development contract for the utility-scale solar power plant. EWEC stakeholders signed a power purchase agreement with the consortium.

 

EWEC Unveils Partners to Develop the 1.5 GW Solar Power Project in Abu Dhabi

 

EWEC awarded the Al Ajban Solar PV contract after a comprehensive procurement process. According to the PPA's structure, EWEC will only pay for the net electrical energy that the plant supplies. Under the terms of the PPA, the consortium will design, finance, build, and operate the plant, which will be located in Al Ajban, 70km northeast of Abu Dhabi.

 

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Once commercially operational in Q3 2026, Al Ajban Solar PV will make the UAE home to four of the world’s largest solar power plants, with three of them located in the emirate of Abu Dhabi. The project will generate enough electricity to power 160,000 households across the UAE and is expected to reduce Abu Dhabi’s carbon emissions by 2.4 million metric tonnes per year.

 

The signing took place at the World Future Energy Summit in the presence of HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President, Hamad Al Hammadi, Chairman of EWEC, and Luc Rémont, Chairman and Chief Executive Officer of EDF Group.

 

By 2030, EWEC is aiming to provide more than 50 percent of Abu Dhabi’s electricity from renewable and clean energy sources, with its latest forecasts recommending the addition of 1.4 GW of new solar PV per year between 2027 and 2037. The new projects will play a pivotal role in the Middle-Eastern solar market.

 


About EWEC

EWEC, or Emirates Water and Electricity Company, is a leading company in the integrated coordination of planning, purchasing, and supply of water and power across the UAE. EWEC is responsible for identifying opportunities for the development of water and power generation facilities, with a focus on sustainable and renewable technologies.

 

It aims to optimize the cost of utilities by increasingly relying on renewable power, while also diversifying power generation sources to include solar and nuclear. Additionally, EWEC partners with 16 plants for the supply of water and renewable energy in the UAE.

 


Read: ACWA Power Forms Joint Venture with IRENA to Lead Global Energy Transition


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