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Will KOWEPO & EWEC build a solar project in Abu Dhabi?

The partners are already in advanced discussions with Abu Dhabi’s Emirates Water and Electricity Co. (EWEC) for a project of the same size in the Al-Ajban region. South Korea’s KOWEPO and France’s EDF Renewables have joined forces to bid for a 1.5 GW solar project in the Al Khazna region of Abu Dhabi.

When will Khazna solar PV plant be delivered?

The PV plant is expected to be delivered by 2027. EWEC invited expressions of interest from developers in September 2023. It said that the prospective developer of the Khazna Solar Photovoltaic Independent Power Project would be awarded a long-term power purchase agreement (PPA), with the utility as the sole procurer of electricity.

What is Al AJBAN solar PV?

Al Ajban Solar PV, projected to be commercially operational by the third quarter of 2026, will generate electricity to power 160,000 households in the United Arab Emirates. The project developers aim to achieve financial close by the third quarter of this year.

Who is supporting al AJBAN solar PV plant?

Commenting on the announcement, Beatrice Buffon, EDF Group Vice-President, International Division, Chairwoman & Chief Executive Officer of EDF Renewables, said: “We are grateful to our partners KOWEPO, Masdar, and our customer EWEC for their trust and support in the development of the Al Ajban Solar PV plant.

What is EDF renewables doing in the UAE?

EDF Renewables was also involved in another major project in the UAE – the 2 GW Dhafra Solar Photovoltaic Independent Power Project. Abu Dhabi officials inaugurated the projects, which were described as the world’s largest single-site power plant, in November 2023, just before the UAE hosted the COP 28 climate change conference.

Will the UAE host four of the world's largest single-site plants?

Masdar Chairman and UAE Minister of Industry Sultan Al Jaber said the project will see the United Arab Emirates host four of the largest single-site plants in the world. “The UAE is leading by example and matching words with actions in the global effort to triple renewable energy capacity by 2030,” he stated.