RFP issued for 1.5 GW Independent Power Producer Project in UAE
Emirates Water and Electricity Company (EWEC), has issued a Request for Proposals (RFP) for the development of the Madinat Zayed Independent Power Producer (IPP) project, a new Open-Cycle Gas Turbine (OCGT) plant located in the Madinat Zayed area, approximately 120 km southwest of Abu Dhabi City, UAE.
It will involve the development, financing, construction, operation, maintenance, and ownership of the plant, with the successful developer or developer consortium owning up to 40% of the entity. The remaining equity will be held indirectly by the Abu Dhabi Government. Expected to begin commercial operations in Q3 2027, Madinat Zayed will provide up to 1.5 gigawatts (AC) of backup generation, which can be operational at very short notice. Responses to the RFP will be received in Q4 2024.
Country news
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July 31, 2024
RFP Issued for Development of 400 MW/800 MWh Battery Energy Storage System in UAE
Emirates Water and Electricity Company (EWEC), has issued a Request for Proposals (RFP) to qualified developers that expressed interest in developing a 400 MW Battery Energy Storage System (BESS) power project in Abu Dhabi.
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May 23, 2024
US$490 million secured for Renewable Energy Fund
Alcazar Energy Partners has successfully concluded its financial arrangements, securing a total of US$490 million for its second renewable energy fund.
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April 28, 2024
1.5 GW Solar PV Project awarded in UAE
EWEC (Emirates Water and Electricity Company), announced the award for its 1.5 gigawatt (AC) Al Ajban Solar PV Independent Power Project located in Abu Dhabi in the United Arab Emirates.
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April 18, 2024
RFP issued for 1.5 GW Solar PV Project in UAE
Emirates Water and Electricity Company (EWEC) issued a Request for Proposals to qualified developers and consortiums for the 1.5 GW Khazna Solar Photovoltaic (PV) project located in the Al Khazna area of Abu Dhabi, UAE.
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February 22, 2024
Financial close achieved for 1.8 GW Solar project in UAE
Dubai Electricity and Water Authority (DEWA) and Masdar announced the financial closing of the 1800 MW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park located in Dubai, UAE.
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