Emirates Water and Electricity Co. (EWEC ) has announced the bidders for a tender to develop the 1.5 GW Al-Ajban solar project.
The UAE is expected to generate 25% of its electricity from solar energy and have a total installed solar capacity of 44 GW by 2050. The Middle East Solar Industry Association (MESIA) describes the challenges the country has to address to make this target achievable.
Emirates Global Aluminium (EGA) wants to produce silicon metal to create an integrated supply chain for the PV industry in the United Arab Emirates.
This week, Russia joined forces with the United Arab Emirates to develop common hydrogen projects and similar moves were made by Chile and South Korea, Japan and Australia, as well as by France and Germany. French President Emmanuel Macron announced €2 billion in new investments.
The project is the first solar-powered green hydrogen facility in the Middle East and North Africa (MENA) region.
Masdar is launching a pilot green hydrogen project in the United Arab Emirates. In a recent conversation with pv magazine, two company officials described the project and explained how the hydrogen will be used for road transport, aviation and shipping in Masdar City.
The tender was launched by the Dubai Electricity and Water Authority (DEWA). Interested developers will have time until February 15 to submit their offers.
Emirates Water and Electricity Co. awarded the 2 GW project to a consortium that includes Abu Dhabi National Energy Co., Masdar, French energy group EDF, and China’s JinkoPower.
The $570 million fifth phase of the project will sell power at $0.016953/kWh under a 25-year power purchase agreement. It is scheduled to go online in the second quarter of 2021.
The tariff is around $0.0021 lower than the $0.0156/kWh French oil giant Total and Japanese conglomerate Marubeni Corp offered in Qatar’s 800 MW tender in late January. French energy company EDF and Chinese solar company JinkoPower reportedly submitted the record bid in the UAE exercise.
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