Bidders leave Abu Dhabi solar tender
Important bidders have left Abu Dhabi 350 MW Sweihan solar tender expecting the aggressive bidding to push the prices to record lows. Among others, Italian Enel, Spanish TSK and Saudi Arabia's Acwa Power, have pulled out of the running for the project.
In late April, we reported that the Abu Dhabi Water and Electricity Authority (ADWEA) and Abu Dhabi Water and Electricity Company (ADWEC) selected 34 companies as Pre-qualified parties in accordance with applicable criteria and such companies have received a detailed Request for Proposal. The Pre-qualified Bidders were the following:
- Acciona / Swicorp (as consortium)
- Acme
- ACWA Power
- Adani
- Alfanar / Building Energy (as consortium)
- Canadian Solar
- China State Construction Engineering Corporation
- EDF Energies Nouvelles
- Elecnor
- Enel
- Engie
- Equis
- First Solar
- Fotowatio FRV
- Golden Concord Holdings / PAL Technology (as consortium)
- Hindustan Clean Energy, Intecsa / Cobra (as consortium)
- JGC
- Jinko Solar
- Kepco / GS Engineering & Construction / Hanwha Q Cells (as consortium)
- Mainstream
- Marubeni
- Masdar
- Mitsui
- Phelan Energy Group
- ReNew Solar Power / Japan Renewable Energy (as consortium)
- RWE / Belectric (as consortium)
- Sojitz
- Solar Reserve
- Spectrum / Maessa / Leighton Contracting (as consortium)
- Stumpf / MENA Infrastructure Fund (as consortium)
- Tenaga
- Total / Sunpower (as consortium)
- TSK
The project will comprise the development, financing, construction, operation, maintenance and ownership of the greenfield project, together with associated infrastructure. The facility would be structured as an independent power project with a power purchase agreement.
This would be the first such solar project carried out by ADWEA. The selected developer would own up to 40 per cent of SPV, with Adwea taking the other 60%.
The plant will be located in the Eastern Region of the Emirate of Abu Dhabi, near the town of Sweihan approximately 120 km east of the city of Abu Dhabi, and in the vicinity of an existing high voltage substation, to which it will be connected.
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