EWEC Invites Bids for 1.5-GW Abu Dhabi Solar Project

• Join the renewable revolution! EWEC seeks EOIs for a 1.5-GW solar project in Abu Dhabi, aiming for 7 GW capacity and a greener future by 2030.

Emirates Water and Electricity Company (EWEC) is inviting Expressions of Interest (EOIs) for a 1.5-GW solar power project in Abu Dhabi's Al Zarraf area. Announced on Monday, this initiative marks EWEC's fifth utility-scale solar endeavor, aiming to increase the total solar capacity to 7 GW. The project will involve the development, financing, construction, and operation of the solar plant, with EWEC purchasing the generated electricity under a long-term power purchase agreement.

The EOI deadline is set for October 22, after which EWEC will issue a Request for Qualifications followed by a Request for Proposal for qualified bidders upon securing regulatory approval. This project aligns with EWEC’s strategy to add an average of 1.4 GW of solar power annually from 2027 to 2037, contributing to the goal of having over 50% of Abu Dhabi’s electricity sourced from clean energy by 2030, rising to 60% by 2035.

What are the key goals and timelines for EWEC's new solar project in Abu Dhabi?

Key Goals and Timelines for EWEC's New Solar Project in Abu Dhabi

• Project Capacity: The new solar power project aims to develop a capacity of 1.5 gigawatts (GW), significantly contributing to Abu Dhabi's renewable energy landscape.
• Target Completion Year: The project is part of EWEC's broader strategy to enhance solar power generation, with the goal of bringing the solar facility online by 2027.
• Long-Term Power Purchase Agreement: EWEC will enter into a power purchase agreement (PPA) with the successful bidders to purchase the generated electricity over a predetermined timeframe, ensuring a stable revenue stream for investors.
• Incremental Addition of Solar Power: This project represents a critical step in meeting EWEC’s annual target of adding 1.4 GW of solar capacity each year from 2027 until 2037.
• Regulatory Approval Process: Following the EOI deadline of October 22, EWEC will undergo a structured regulatory approval process, which includes issuing a Request for Qualifications (RFQ) and a Request for Proposal (RFP) to qualified bidders.
• Renewable Energy Goals: The new solar project is aligned with Abu Dhabi’s strategic energy goals, seeking to generate over 50% of the emirate’s electricity from clean energy sources by 2030, with an increase to 60% by 2035.
• Investment and Financing: The project will involve significant investment in development, financing, construction, and operation, promoting economic growth while also enhancing energy security in the region.
• Environmental Impact: By boosting solar capacity, this initiative will contribute to reducing carbon emissions and combatting climate change, supporting Abu Dhabi’s commitment to sustainability.
• Future Projects: The success of this initiative may pave the way for subsequent solar projects, further bolstering EWEC's commitment to a diversified and sustainable energy portfolio.
• Community Engagement: EWEC is expected to engage with local stakeholders and communities throughout the project lifecycle to ensure alignment with regional development needs and sustainability standards.