The 22-time Grand Slam champion is likely to retire after the 2024 season
tennis1 hour ago
A new solar plant with 1,500-megawatt (MW) capacity will be developed in Abu Dhabi, a top official said during the World Utilities Congress held in the Capital.
Emirates Water and Electricity Company (EWEC) – a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE – invited developers or developer consortiums to submit an expression of interest (EOI) for the development of a new solar photovoltaic (PV) independent power project to be located in the Ajban area of Abu Dhabi.
Al Ajban Solar PV will be the third world-leading large-scale utility solar PV project to be developed by EWEC after the successful closings of Noor Abu Dhabi and Al Dhafra Solar PV. It will provide 1,500 MW of power generation capacity and play a pivotal role in supporting the UAE’s sustainability goals. It will generate enough electricity for approximately 160,000 homes across the UAE. Once commercially operational, it is expected to reduce Abu Dhabi’s CO2 emissions by more than 2.4 million tonnes per year.
“EWEC is at the forefront of developing world leading solar power projects. Our strategic investments in solar power have seen us develop Noor Abu Dhabi, the current world’s largest single-site solar power plant, and Al Dhafra Solar PV, which will be the new world’s largest single-site solar power plant once commercially operational,” Othman Al Ali, chief executive officer, EWEC, said.
“With Al Ajban Solar PV, which will be similar in size and capacity output to Al Dhafra Solar PV, Abu Dhabi and the UAE will have the three largest, world leading solar power plants, increasing the diversification of our energy production portfolio, and significantly advancing decarbonisation of the energy sector. We are delighted to invite expressions of interest from developer or developer consortiums for the Al Ajban Solar PV project.”
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 per cent of the entity while the remaining equity will be held indirectly by the Abu Dhabi Government.
The developer will enter into a long-term power purchase agreement (PPA) with EWEC, the single buyer of power and water capacity and output in Abu Dhabi.
The PPA will be structured as an energy purchase agreement whereby EWEC will pay only for the net electrical energy supplied by the plant.
Developers or developer consortiums can submit an EOI by May 27, 2022, at 12 noon for the first stage of the tender process.
ALSO READ:
Interested parties are requested to submit their EOI via electronic copy to: ajbanpv.project@ewec.ae.
Following review of the EOIs, EWEC will issue the request for qualifications (RFQ) to proceed to the next stage. The RFQ will provide additional details regarding the project, pre-qualification criteria and the bidding process.
The 22-time Grand Slam champion is likely to retire after the 2024 season
tennis1 hour ago
One of the most compelling reasons for parents to pursue the EB-5 program is the unparalleled education opportunities available in the US for their children
kt network1 hour ago
Gold jewellers foresee higher footfall during the Indian festival
uae1 hour ago
Investors looked towards a US Federal Reserve Policy decision that could offer for more cues regarding its interest rate cuts policy
markets2 hours ago
Around nine schools have received bomb threats so far, according to a Delhi Fire official; search operations underway
world3 hours ago
Demonstrators had vowed they would fight any eviction as they protested the soaring death toll from Israel's war with Hamas in the Gaza Strip
world3 hours ago
The vast archipelago nation, experiences frequent seismic and volcanic activity due to its position on the Pacific 'Ring of Fire'
world3 hours ago
The issue is seen as a potential vote winner for Biden as he faces Republican Donald Trump in a tough election rematch this November
americas4 hours ago