Abu Dhabi plans decade of solar power launches

  • Date: 23-Feb-2024
  • Source: AGBI
  • Sector:Oil & Gas
  • Country:UAE
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Abu Dhabi plans decade of solar power launches

Abu Dhabi is to launch a new solar power project each year for a decade, starting in 2027, Bruce Smith, strategy and planning executive director at the Emirates Water and Electricity Company (EWEC), told AGBI. EWEC is also exploring the issuance of a green bond to finance this series of projects, he said. The company […]

EWEC lines up one solar project per year

Average of 1.4GW needed annually

Battery storage will go to tender

Abu Dhabi is to launch a new solar power project each year for a decade, starting in 2027, Bruce Smith, strategy and planning executive director at the Emirates Water and Electricity Company (EWEC), told AGBI.

EWEC is also exploring the issuance of a green bond to finance this series of projects, he said.

The company is the single buyer and seller of water and electricity in the emirate of Abu Dhabi, responsible for procuring sufficient production capacity and fuel to meet water and electricity demand.

Abu Dhabi opens tender for 1.5 GW solar PV plant

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EWEC said in its latest Statement of Future Capacity report that an average of 1.4 gigawatts (GW) of new solar photovoltaic (PV) capacity will be