Week In Middle East: Globeleq Acquires 66 MWp Of Egyptian Solar PV Plant; And More

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Globeleq Acquires 66 MWp Of Egyptian Solar PV Plant

Globeleq, the leading independent power company in Africa, has completed the acquisition of the ARC for Renewable Energy S.A.E (ARC) 66 MWp solar PV plant located at the Benban Solar Park near Aswan, Egypt. The ARC plant was developed by the SECI Energia, Enerray, and Desert Technologies consortium as part of the second round of the Egyptian government’s feed-in-tariff program. It achieved commercial operation on 4 November 2019 and provides clean electricity to the Egyptian Electricity and Transmission Company (EETC) under a 25-year power purchase agreement. The project was financed by the International Finance Corporation (IFC), Globeleq’s shareholder, CDC Group (CDC), the Asian Infrastructure Investment Bank, Europe Arab Bank, and Finance in Motion.

Saudi Arabia Shortlists Bidders For 1.2 GW Solar Tender; SAR 55.626 Lowest Bid

Saudi Arabia has announced the shortlisted bidders of the third round of its National Renewable Energy Program (NREP) tender, which includes four solar plants totaling 1.2 GW. The four solar plants are Wadi Al Dawasir, Layla, Ar Rass, and Saad. The shortlisted developers are Jinko Power, Total Energies, ACWA Power, Alfanar, and a consortium formed by Masdar and EDF. The NREP will allow bidding in two categories. The first one covers the 80-MW Layla and the 120-MW Wadi Al Dawasir solar projects, while the 300-MW Saad and the 700-MW Ar Rass schemes will be offered in the other category. Each project will be developed in line with the country’s local content requirements. The successful bidders will enter into 25-year PPAs with the Saudi Power Procurement Company (SPPC). The lowest bid proposed stands at SAR 55.626 (USD 14.83/EUR 12.78) per MWh. It was offered for the Saad project. The shortlisted bidders for the Wadi Al Dawasir project are Total Energies and ACWA Power with bid prices (SAR/MWh) 70.01 and 98.38 respectively. For the Layla plant, the two pre-selected bidders are ACWA Power and Alfanar, which submitted a bid for the price (SAR/MWh) 111.89 and 121.87. ACWA Power and Jinko Power are the two shortlisted bidders for Ar Rass plant, for which they offered prices (SAR/MWh) 56.23 and 57.62 respectively. For the Saad solar plant, Jinko Power offered a price (SAR/MWh) of 55.63, and Masdar and EDF offered a price of 68.53 (SAR/MWh).

Scatec Partners With Fertiglobe And The Sovereign Fund Of Egypt To Develop Green Hydrogen

Scatec has entered into an agreement with Fertiglobe plc, a leading ammonia producer jointly owned by OCI N.V. and Abu Dhabi National Oil Company (ADNOC), and The Sovereign Fund of Egypt (TSFE), to jointly develop a 50-100MW green hydrogen facility as feedstock for green ammonia production. Scatec will build, operate and majority own the facility and a long-term off-take agreement will be entered into with Fertiglobe’s subsidiary EBIC. The facility will be located near EBIC in Ain Sokhna and is the first step towards developing a green hydrogen hub in Egypt. This new partnership forms part of Scatec’s strategic initiative, “Power to X”, with the objective of enabling and realizing industrial projects that contribute to reducing carbon emissions through the provision of competitive renewable energy. The ambition is to develop long-term partnerships where Scatec can capitalize on its expertise in renewable project development in high-growth markets globally.

Huawei Bags Contract For The World’s Largest Energy Storage Project

Huawei Digital Power has concluded its Global Digital Power Summit 2021 in Dubai, UAE, with more than 500 participants from 67 countries attending, on October 16. At the summit, Huawei Digital Power signed a key contract with SEPCOIII for the Red Sea Project with 400 MW PV plus 1300 MWh battery energy storage solution (BESS), which is currently the world’s largest energy storage project. The two parties will cooperate to help Saudi Arabia build global clean energy and green economy center. This 1300 MWh off-grid energy storage project is the largest of its kind in the world and represents a milestone in the global energy storage industry. The Red Sea Project has been listed in the Saudi Vision 2030 as a key project. Its developer is ACWA Power, and the general contractor of EPC is SEPCOIII. Located on the Red Sea coast, NEOM is also known as the city of the future, powered entirely by renewable energy. It will lead to a new way of life and drive new economic growth, as resources such as oil are increasingly depleted.

Aster Partners With Emirates Electrical Engineering To Install Solar Panels

Aster DM Healthcare signed a deal with Emirates Electrical Engineering LLC to install solar panels. The solar energy panels will be installed across four hospitals in the UAE which are Aster Hospitals in Mankhool, Qusais, Cedar, and Medcare Hospital in Al Safa Dubai. Aster DM Healthcare is one of the largest integrated healthcare providers in India and GCC whereas Emirates Electrical Engineering LLC is a member of Al Rostamani Group and a leading ESCO company in the UAE. This project will be implemented by Eurohealth Systems, and the total solar power generation will help reduce carbon dioxide generation by 1774 metric tonnes annually. The project aligns with the ESG policies of Aster DM Healthcare. Aster is trying to build a sustainable future by defining a path that creates shared values benefitting the organization, community, and the environment across the seven countries where it has a presence. Over the years the organization has incorporated GRI and Dow Jones sustainability index into its operations to fulfill its commitment to UN Sustainable Development Goals with Climate Action being one of the 8 goals being supported.

TAQA Arabia Inaugurates 6MWpv Solar Power Plant At Dina Farms

TAQA Arabia, Qalaa Holdings’ Energy Sector subsidiary, has announced in an event the commercial operation of its latest green private-to-private project in Egypt, a 6MWpv solar power plant for Dina Farms. The plant is funded by the European Bank for Reconstruction and Development (EBRD) as part of a financing package of up to US$ 10 million to expand TAQA Arabia’s renewable energy business. The event’s opening ceremony was attended by Mr. Alain Pilloux, Vice President of EBRD; Dr. Ahmed Heikal, Chairman & Founder of Qalaa Holdings; Ms. Pakinam Kafafi, CEO of TAQA Arabia and Mr. Raouf Tawfik, CEO of Dina Farms. This PV plant at Dina Farms, Qalaa Holdings’ Agri-subsidiary and the largest integrated dairy farm in Egypt & Africa, is an ideal starting point towards serving the Egyptian government’s pursuit of energy diversification & liberalization, by facilitating a market for private renewable energy development.

Singareni Collieries Seeking Consultant For 250 MW Floating Solar Plant

Indian coal miner, the Singareni Collieries Company Limited (SCCL), is looking for project management consultants for a 250 MW DC floating solar power capacity it plans to develop at Lower Manair Dam in Karimnagar, Telangana. The scope of work will be engineering services including technology assessment; design engineering review services of the EPC contractor; site preparation and construction management services; inspection and testing services and plant handover services; as well as module inspection services. The last date for bid submissions is November 8, 2021 and the duration of the contract is expected to be 24 months. Bidder will need experience of at least five years in solar project works in India, including a detailed project report or management consultancy services for floating solar projects of a minimum 25 MW capacity. The bidder must have offered either project management consultancy, owner engineering services, or pre-bid engineering services for solar power projects other than rooftop solar of at least 50 MWDC capacity in a single contract.

ENGIE And SWPC Announces Financial Closure Of Saudi’s Largest Solar-Powered Water Desalination

ENGIE And Saudi Water Partnership Company (SWPC) announced the financial closure of solar-powered water desalination. The Jubail 3B Independent Water Project (IWP) is the largest solar-powered water desalination project in the Kingdom. The project is part of the water schemes in Saudi Arabia developed under the public-private partnership (PPP) structure. The consortium is developing and financing the desalination plant, which will be operated and maintained by ENGIE. The Jubail 3B project was awarded by SWPC as a build, own, operate (BOO) contract, with commercial operation expected in 2024, it said. ENGIE holds 40% of the project, while Saudi-based Nesma Co. and Abdulaziz Al Ajlan Sons for Commercial and Real Estate Investment hold 30% each. On 29 April, SWPC awarded the ENGIE-led consortium a 25-year Water Purchase Agreement, and the contract was signed on 22 June.

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