Abu Dhabi gets bids for world’s biggest solar plant

Abu Dhabi’s use of solar power will reduce CO2 emissions, which the plant will cut by 1.6 million metric tons a year. (AFP)
Updated 23 November 2019

Abu Dhabi gets bids for world’s biggest solar plant

  • The plant will be the world’s largest solar PV IPP project, providing 110,000 Emirati homes with electricity

LONDON: Bids have been received for what is set to become the world’s biggest solar power plant project covering 20 square kilometers of desert in Abu Dhabi.

It is being built by Emirates Water and Electricity Company (EWEC), a unit of Abu Dhabi Power Corporation (ADPower).

The bids cover the financing, construction, operation and maintenance of the 2 gigawatt project in the Al Dhafra region of Abu Dhabi.

The plant will be the world’s largest solar PV IPP project, and provide up to 110,000 households across the UAE with electricity. 

“This year, EWEC has already delivered the world’s current largest single-site solar PV project, Noor Abu Dhabi, on time and on budget,” said EWEC CEO Othman Al-Ali. “We continue to deliver on our ambitious sustainable generation program, and this new plant is integral to our strategic plan to deliver on the clean energy mix outlined by the UAE Energy Strategy 2050.”

It will be almost double the size of EWEC’s approximately 1.2 GW ‘Noor Abu Dhabi’ solar plant, the largest operational single-project solar PV plant in the world.

Once operational, the plant will lift Abu Dhabi’s solar power capacity to around 3.2 GW, further reducing the emirate’s CO2 emissions by more than 1.6 million metric tons per year, EWEC said in a statement.

As part of the tendering process issued in July 2019, an optional bid for significant battery storage was allowed.


Getting more women into leadership positions top priority: CEO

This June 23, 2018 photo, shows a general view of Riyadh, Saudi Arabia. (AP)
Updated 18 January 2020

Getting more women into leadership positions top priority: CEO

  • Saudi Arabia is focusing on the Business 20 (B20), making this one of the key engagement groups. Women in Business will be Saudi Arabia’s signature topic

RIYADH: The boss of one of Saudi Arabia’s biggest banks says that getting more women into leadership positions is a top priority.
Samba CEO Rania Nashar chairs the action council for Women in Business created by the Business Twenty (B20), which is the official G20 dialogue with the business community. It represents the global business community across all G20 member states and all economic sectors.
She said the council was set up to boost women’s particpation not only in business but also in global leadership positions.
During the launch of the B20 in Saudi Arabia this week, Nashar highlighted the under-representation of women in the economy.
“There is a gap of 27 percent between male and female workers; 75 percent of males are part of the labor force while only 48 percent of females are working,” she said.
She said it was important not to just talk about women as workers but as business owners.

FASTFACT

Saudi Arabia will host the 15th G20 Summit in Riyadh on Nov. 21-22, 2020.

“That’s why entrepreneurship is very fundamental to our task force,” she said.  “The majority of the finance development programs have incentives for giving loans to females; however, despite the fact that many large borrowers are females, the amount of loans granted to them is far below what is granted to males,” she added.
Nashar said that two-thirds of female business founders feel that they were not taken seriously by investors when they pitch for investments. They also feel that they are treated differently from their male counterparts.
Saudi Arabia will host the 15th G20 Summit in Riyadh on Nov. 21-22, 2020. The Kingdom is focusing on the Business 20 (B20), making this one of the key engagement groups. Women in Business will be Saudi Arabia’s signature topic.