Adwea approves 34 bidders for 350MW solar park

Adwea approves 34 bidders for 350MW solar park
The solar project is crucial in Abu Dhabi's push for renewable energy sources
Published: 27 April 2016 - 1:40 a.m.
By: Baset Asaba

The Abu Dhabi Water and Electricity Authority (Adwea) has pre-qualified 34 companies for its 350 megawatt photovoltaic (PV) independent power project (IPP) in Sweihan. The list includes some of the world’s top solar developers.

Among the approved bidders are US headquartered First Solar, Italy’s Enel and France’s EDF that are already involved in utility scale solar projects in the Middle East and North Africa.

The selected firm will act as a developer, or developer consortium, and own up to 40% of the project company set to be incorporated for the development.

ADEWA will directly or otherwise hold the remaining 60% stake.

From a list of 90 companies which responded to ADEWA's Expression of Interest request, 48 submitted their Statement of Qualification documents.

Of the 34 firms pre-qualified for the development, eight have been picked on a standalone basis, or as part of an existing consortium.

These eight firms are consequently permitted to submit a proposal without the need to join or form a consortium.

The remaining 26 firms have been pre-qualified on conditional basis, and have been advised to join or form a consortium within 28 days, before they are formally pre-qualified for the project.

A maximum of 15 bids can be received based on ADEWA's conditions regarding the formation of consortia.

The request for proposal’s deadline has been set at 19 September.

Contract works awarded by ADEWA will include the financing, construction, operation, maintenance, and ownership of the 350MW power capacity, and its associated infrastructure.

The development is located 120km east of Abu Dhabi city, and will be connected to an existing high voltage substation, WAM reported.

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