EWEC issues RFP for Al Sila Wind Project
Deal News | Feb 13, 2025 | Zawya
Emirates Water and Electricity Company (EWEC) has announced a Request for Proposals (RFP) for the development of the 140 megawatt Al Sila Wind Independent Power Project in Abu Dhabi. The RFP outlines a development plan that includes financing, construction, and long-term operation of the wind farm, intended to power 36,000 homes and displace 190,000 tons of CO2 annually. The Al Sila project aims to significantly bolster Abu Dhabi's renewable energy capacity in line with its strategy to diversify energy sources. The project invites 16 qualified companies and consortiums, with the selected developers owning up to 40% of the entity, while the remainder will be held by the Abu Dhabi Government. Completion of Al Sila Wind is anticipated to play a crucial role in expanding Abu Dhabi's wind energy capacity to 240 MW, with forecasts of further capacity up to 2.6 GW by 2035.
Sectors
- Renewable Energy
- Utilities
Geography
- United Arab Emirates – The entire project and companies involved are based in the UAE, specifically Abu Dhabi, which underscores the geographical relevance.
Industry
- Renewable Energy – The article is focused on the development of a wind power project, which is a key component of the renewable energy industry.
- Utilities – The involvement of EWEC, a water and electricity company, situates this article within the utilities sector, specifically in the context of energy generation and distribution.
Financials
- Up to 40% – The maximum ownership stake a developer or developer consortium can hold in the project entity.
- 140 MW – The projected energy generation capacity of the Al Sila Wind Project.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Emirates Water and Electricity Company (EWEC) | Organizer of the Request for Proposals, and single buyer of power | Company | EWEC is responsible for seeking proposals for developing the Al Sila Wind Power Project. |
| Abu Dhabi Government | Equity Holder in Project | Government | Holds the majority equity in the project indirectly. |
| 16 Qualified Companies and Consortiums | Potential Developers | Companies | These entities have qualified to submit proposals for the wind project development. |
| Mohamed Al Marzooqi | Chief Asset Development and Management Officer of EWEC | Person | He provided insights into the strategic importance of the Al Sila Wind project. |