Al Ajban Project
Be the greener energy future!
The plant will span over 20 square kilometers of desert climate area, with more than three million PV modules. The 1.5 GW photovoltaic plant will become one of the largest single-site solar PV power plant in the world, deploying state of the art bifacial PV module technology mounted on a single axis tracker system.
The Power Purchase Agreement (PPA) for the project was signed in May 2024 between EWEC and EDF Renewables - KOWEPO Consortium. The transaction has been funded via six international banks.
Upon completion, the plant will generate enough electricity for approximately 160,000 homes across the UAE.
The Power Purchase Agreement (PPA) for the project was signed in May 2024 between EWEC and EDF Renewables - KOWEPO Consortium. The transaction has been funded via six international banks.
Upon completion, the plant will generate enough electricity for approximately 160,000 homes across the UAE.
PROJECT IN NUMBERS.
1.5 GW ac
Capacity
4,700 GWh
Production per year
2,400,000
CO2 emissions reduction/year
160,000
Meets homes needs
per year
per year
3,000,000
PV MODULES
20 km²
Construction Area
project structure.
- PV3 commercial and contractual structure is typical of Abu Dhabi and the northern Emirates IPP/IWPP model.
- PV3 Project Company will be owned as follows:
– 60% by a local holding company owned by Masdar
– 40% by a foreign holding company, owned 50% by EDF Renewables and 50% by KOWEPO - 100% of production will be sold to EWEC under a Power Purchase Agreement commencing from COD.
Project Co-ordination
Agreement mainly to facilitate future re-financing and payment of EWEC development costs
Agreement mainly to facilitate future re-financing and payment of EWEC development costs
Construction Highlights.
Owner
Al Ajban PV3 Energy LLC
Owner’s Engineer
Fichtner
EPC Contractor
Power Construction Corporation of China Ltd Abu Dhabi Branch and HDEC Middle East Co DMCC
Single Offtaker under 30 years PPA
EWEC
Grid Connection & Transmission
TRANSCO
Grid Connection & Transmission Engineer
Energo Consult LLC
Al Ajban PV3 Energy LLC
8 Burq Al Koud St, Al Danah, ABU DHABI 2635
8 Burq Al Koud St, Al Danah, ABU DHABI 2635
