From pv magazine International
South Korea’s KOWEPO and France’s EDF Renewables have joined forces to develop a 1.5 GW solar project in the Al Khazna region of Abu Dhabi. The PV plant is expected to be delivered by 2027.
The tender for the construction of the project was launched in September 2023. Abu Dhabi’s Emirates Water and Electricity Co. (EWEC) said that the developer of the Khazna Solar Photovoltaic Independent Power Project would be awarded a long-term power purchase agreement (PPA), with the utility as the sole procurer of electricity.
The partners are expected to handle the development, financing, construction, operation, maintenance, and ownership of the plant.
South Korean media outlets have reported that the signing ceremony of the Khazna joint development agreement took place in Dubai last week in the presence of senior company officials.
This is the second major project for KOWEPO and EDF Renewables in the UEA. Only a month ago, the partners won the 1.5 GW Ajban solar project. In July 2023, EWEC announced that it received four proposals for the project in the Ajban area of the Emirate of Abu Dhabi. It first launched the tender in May 2022.
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