{"id":1042,"date":"2024-11-22T12:16:30","date_gmt":"2024-11-22T08:16:30","guid":{"rendered":"https:\/\/www.utilitybusinessmena.com\/?p=1042"},"modified":"2024-11-22T12:16:30","modified_gmt":"2024-11-22T08:16:30","slug":"edf-renewables-masdar-and-kowepo-begin-construction-on-1-5-gw-al-ajban-solar-project-in-abu-dhabi","status":"publish","type":"post","link":"https:\/\/cheeltech.com\/utilitybusinessmena\/electricity\/edf-renewables-masdar-and-kowepo-begin-construction-on-1-5-gw-al-ajban-solar-project-in-abu-dhabi","title":{"rendered":"EDF Renewables, Masdar, and KOWEPO begin construction on 1.5 GW Al Ajban solar project in Abu Dhabi"},"content":{"rendered":"\n<p>Construction has officially commenced on the <a href=\"https:\/\/www.utilitybusinessmena.com\/renewable-energy\/edf-renewables-financial-close\" data-type=\"post\" data-id=\"209\" rel=\"nofollow noopener\" target=\"_blank\">Al Ajban Solar Power Plant<\/a>, a 1.5 GW project spearheaded by <a href=\"https:\/\/www.utilitybusinessmena.com\/renewable-energy\/european-union-commission-approves-masdar-edf-nesma-joint-venture\" data-type=\"post\" data-id=\"689\" rel=\"nofollow noopener\" target=\"_blank\">EDF Renewables<\/a> Middle East in partnership with Masdar and <a href=\"https:\/\/www.utilitybusinessmena.com\/tags\/korea-western-power-kowepo\" data-type=\"post_tag\" data-id=\"173\" rel=\"nofollow noopener\" target=\"_blank\">Korea Western Power Co. (KOWEPO)<\/a>.<\/p>\n\n\n\n<p>The project, commissioned by <a href=\"https:\/\/www.utilitybusinessmena.com\/renewable-energy\/emirates-water-and-electricity-company-ewec-invites-bids-for-1-5gw-zarraf-solar-project\" data-type=\"post\" data-id=\"419\" rel=\"nofollow noopener\" target=\"_blank\">Emirates Water and Electricity Company (EWEC)<\/a>, represents a key step in the UAE\u2019s journey toward achieving its ambitious clean energy and sustainability goals.\u00a0<\/p>\n\n\n\n<p>At a groundbreaking ceremony, partners reaffirmed the roadmap for this state-of-the-art facility, which will feature approximately 3 million solar panels mounted on single-axis trackers.<\/p>\n\n\n\n<p>Once operational in Q3 2026, Al Ajban is expected to generate enough electricity to power 160,000 homes and reduce carbon dioxide emissions by over 2.4 million tons annually.<\/p>\n\n\n\n<p>\u201cTogether, we\u2019re creating a greener future for the UAE,\u201d said Quentin des Cressonni\u00e8res of EDF Renewables, stressing the project\u2019s alignment with the UAE\u2019s Net Zero by 2050 initiative.&nbsp;<\/p>\n\n\n\n<p>&nbsp;\u201cAs a shareholder, our commitment to the environmental and social aspect of every project we\u2019re developing, building &amp; operating is at the heart of everything we do.\u201d<\/p>\n\n\n\n<p>The Al Ajban project reached financial close in September, marking another milestone in the UAE\u2019s clean energy strategy. The project company, led by EDF Renewables and KOWEPO (20% stake each) with Masdar holding a 60% majority stake, secured funding from six top-tier banks, including BNP Paribas, Credit Agricole CIB, and HSBC Middle East.<\/p>\n\n\n\n<p>\u201cWe are proud to contribute to the UAE\u2019s clean energy transition and to support its ambitious sustainability goals. Let\u2019s continue building a brighter, greener future together,\u201d said EDF in a social media post.<\/p>\n\n\n\n<p>Under a 30-year Power Purchase Agreement (PPA) with Emirates Water and Electricity Company (EWEC), the consortium will design, finance, build, and operate the plant.<\/p>\n\n\n\n<p>EWEC CEO Othman Al Ali has described the project as a cornerstone for Abu Dhabi\u2019s ambition to achieving 7.5 GW of solar PV capacity by 2030, pointing out solar power as \u201cone of the most cost-effective and low-carbon-intensive solutions for electricity generation.\u201d&nbsp;<\/p>\n\n\n\n<p>Beyond renewable energy, the Al Ajban plant also highlights its partners\u2019 commitment to environmental stewardship. During pre-construction, efforts were made to relocate spiny-tailed lizards from the site to ensure their habitat remained intact, showcasing a balance between innovation and ecological responsibility.<\/p>\n\n\n\n<p>&#8220;Our partnerships with EDF, KOWEPO, and EWEC reflect the importance of collaborative efforts in achieving the energy transition,&#8221; said Mohamed Jameel Al Ramahi, CEO of Masdar, adding that Abu Dhabi is now home to three of the world\u2019s largest single-site solar power plants.&nbsp;<\/p>\n\n\n\n<p>The Al Ajban Solar PV power plant is part of the UAE Net-Zero by 2050 strategic initiative and is the third utility\u2013scale solar park in the Emirate of Abu Dhabi, making the Emirate a pioneer in renewable energy deployment.<\/p>\n\n\n\n<p>Masdar is advancing solar, wind, geothermal, battery storage, and green hydrogen technologies, with a goal of reaching a 100 GW renewable energy portfolio and becoming a top producer of green hydrogen by 2030.<\/p>\n\n\n\n<p>Its partner on this project, EDF Renewables, is also a global leader in developing, building, and operating renewable energy projects, with a focus on wind and solar power. By the end of 2023, the company had a net installed capacity of 12.8 GW, demonstrating its commitment to the energy transition and sustainable solutions worldwide.<\/p>\n\n\n\n<p>Meanwhile, Korea Western Power (KOWEPO), established in 2001, continues to play a key role in Korea\u2019s power generation sector, contributing 8.5% of the national capacity. KOWEPO is expanding its global presence, actively investing in renewable energy projects such as solar and wind, as part of its &#8220;New Renewable Energy Roadmap 2035&#8221; with a goal to derive 25% of its projected production from renewable sources by 2030.<\/p>\n\n\n\n<p>It has significant investments in large-scale energy projects worldwide, including solar and wind initiatives in Sweden, Australia, and Oman.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Once operational in Q3 2026, Al Ajban is expected to generate enough electricity to power 160,000 homes and reduce carbon dioxide emissions by over 2.4 million tons annually. <\/p>\n","protected":false},"author":2,"featured_media":4434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,40,428,520,41,559,539],"tags":[1239,1240,1024,249,205,229,1241,38,1242,170,1243,1244,43,1245,431,1246],"class_list":{"0":"post-1042","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-electricity","8":"category-news","9":"category-power","10":"category-projects","11":"category-renewable-energy","12":"category-solar","13":"category-sustainability","14":"tag-abu-dhabi-solar","15":"tag-al-ajban-solar","16":"tag-carbon-reduction","17":"tag-clean-energy","18":"tag-edf-renewables","19":"tag-energy-transition","20":"tag-environmental-stewardship","21":"tag-green-hydrogen","22":"tag-kowepo","23":"tag-masdar","24":"tag-net-zero-by-2050","25":"tag-quentin-des-cressonnieres","26":"tag-solar-power","27":"tag-solar-pv-capacity","28":"tag-sustainable-development","29":"tag-uae-renewable-energy"},"_links":{"self":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts\/1042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/comments?post=1042"}],"version-history":[{"count":0,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/posts\/1042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/media\/4434"}],"wp:attachment":[{"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/media?parent=1042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/categories?post=1042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cheeltech.com\/utilitybusinessmena\/wp-json\/wp\/v2\/tags?post=1042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}