• Project expected to reduce CO2 emissions by more than 2.4 million metric tonnes per year

Abu Dhabi, UAE : EWEC (Emirates Water and Electricity Company), a leading company in the integrated planning, purchasing and supply of water and electricity across the UAE, has issued a Request for Proposals (RFP) to qualified developers and consortiums that have expressed interest in developing the 1,500-megawatt (MW) Khazna Solar Photovoltaic (PV) project, located in the Al Khazna area of Abu Dhabi.

The RFP is being issued to bidders who passed the qualification process following the Expression of Interest (EOI) stage that took place in September 2023. A total of 27 companies and consortiums submitted EOIs, while 19 companies and consortiums qualified for the RFP stage after submitting Statements of Qualification. The RFP provides detailed requirements and proposed technical parameters for the project to support companies and consortiums in developing their submissions.

Othman Al Ali, Chief Executive Officer of EWEC, said: “The development of solar PV is a strategic pillar in our mission to decarbonise electricity supply in the UAE, given that it is one of the most cost-effective and low-carbon intensive solutions for electricity generation. As our fourth utility-scale solar project, Khazna Solar PV is a significant milestone in our planned development of new solar PV capacity between 2027-2037 to lead the UAE's transition to a sustainable future in alignment with the nation's Net Zero by 2050 Strategic Initiative. We look forward to collaborating with best-in-class partners for this project, combining our expertise and innovation to lay the foundation for a cleaner, greener, and more sustainable energy landscape in Abu Dhabi and the UAE.”

Solar energy is integral to achieving EWEC’s target of producing nearly 50 per cent of its electricity from renewable and clean energy sources by 2030, given its low generation cost and its contribution to reducing carbon dioxide (CO2) emissions from the electricity generation process. Once fully operational, Khazna Solar PV – along with Noor Abu Dhabi, Al Dhafra Solar PV and Al Ajban Solar PV – will raise EWEC’s total installed solar PV capacity to 5.5 gigawatts (GW) and collectively reduce CO2 emissions by more than 8.2 million metric tonnes per year by 2027. Khazna alone will generate enough electricity for approximately 160,000 homes across the UAE and is expected to reduce CO2 emissions by more than 2.4 million metric tonnes per year, equivalent to removing approximately 470,000 cars from the road.

The Khazna Solar PV 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 the Emirate of 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.

Responses to the RFP are expected in Q3 2024. EWEC will then hold a public event to confirm the companies and consortiums who submit proposals.

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About Emirates Water and Electricity Company

EWEC (Emirates Water and Electricity Company) is the sole procurer and supplier of water and electricity in the emirate of Abu Dhabi. EWEC drives the planning, forecasting, purchasing, and despatch of water and electricity. EWEC fulfils these vital responsibilities through the short-term and long-term balancing of bulk supply and demand for distribution companies and authorities in Abu Dhabi and other Emirates. EWEC is supporting the government of Abu Dhabi and the government of the UAE by enabling the reduction of cost whilst also providing the increased security of supply that comes from a cleaner, larger, and more integrated system.

EWEC is mandated to implement strategic initiatives that will achieve the 60 per cent clean energy target outlined in the Abu Dhabi Department of Energy's (DoE) Clean Energy Strategic Target 2035 for Electricity Production in Abu Dhabi, in addition to enabling the achievement of UAE Water Security Strategy 2036, UAE Energy Strategy by 2050, and the UAE Net Zero by 2050 strategic initiative. EWEC is accelerating Abu Dhabi and the UAE’s energy transition by diversifying the country’s energy mix through developing and deploying renewable and clean energy as well as low-carbon intensive water desalination capacities. EWEC is part of ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy. For more information, please visit www.ewec.ae.

For Media Enquiries, please contact: communications@ewec.ae