Emirates Water and Electricity Company (EWEC), a subsidiary of Abu Dhabi Power Corporation (ADPower), has delivered a read-out of five consortia’s technical and commercial bids for a 2GW Solar PV IPP project.
The project has received, from the first-ranked bidder, the world’s most cost-competitive tariff for solar PV energy, set at 1.35 cents/kWh on a Levelised Electricity Cost (LEC) basis, approximately 44 per cent lower than the tariff set three years ago on the Noor Abu Dhabi project, Abu Dhabi’s first large-scale solar PV project and a world record low tariff-setter at the time.
Once operational, the Al Dhafra Solar PV project will increase Abu Dhabi’s solar power generation capacity to approximately 3.2 GW, reducing the Emirate’s CO2 emissions by over 3.6 million tonnes per year, improving efficiency and driving sustainability, while catering for the growth in demand across the UAE.
The Al Dhafra Solar PV project will include the financing, construction, operation, and maintenance of the solar plant, including installation of solar PV modules, inverters, connection to the transmission network and associated facilities.