UAE’s Emirates Water & Electricity Company (EWEC) has invited developers to submit expressions of interest (EOI) for a 2GW photovoltaic (PV) solar plant at a site in the Al-Dhafra area of Abu Dhabi.
Developers have been invited to submit EOIs by 5 March 2019 for the independent power project (IPP).
The project will involve the financing, construction, operation and maintenance of the 2GW solar plant under a long-term power-purchase agreement (PPA). The successful developer will form a special-purpose-vehicle (SPV) company in partnership with EWEC. The developer consortium will own up to 40 per cent of the SPV.
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