EDF - Jinko Power Consortium Is Awarded the World's Largest Solar Project in Abu Dhabi

PVTIME - The bidder consortium, formed by French EDF Group subsid-iary, EDF Renewables and Chinese Jinko Power Technology Co., Ltd, both global lead-ers in renewable energy, has been awarded the Al Dhafra solar project in Abu Dhabi, United Arab Emirates.

The future solar photovoltaic plant will be located in the region of
Al Dhafra, 35 kilometers south of Abu Dhabi City. With a capacity of
2 GW, it will be the largest single-project solar plant in the world and
will generate the equivalent electricity to power over 160,000 local
households each year.

The plant will be the first one on such scale to deploy bifacial
module technology, meaning that both sides of the PV modules capture
light to yield higher generation.

A call for tenders was launched in June 2019 by Emirates Water and
Electricity Company (EWEC), a leading company in the coordination of
planning, purchasing and providing of water and electricity across the
UAE. EDF Renewables – Jinko Power submitted the most competitive bid of
1.35 USD cent per kilowatt-hour on a Levelized Electricity Cost basis.

The project is under a public-private partnership (PPP) scheme. EDF
Renewables and Jinko Power will hold 20% each. The 60% remaining share
will be owned by TAQA and Masdar, the two Abu Dhabi based public-owned
major players in the electricity sector.

The partners have signed the 30-year Power Purchase Agreement (PPA)
this week with EWEC. They are mobilized to start the construction works
by the end of 2020 in order to reach the commissioning planned in 2022.
The project will generate over 4,000 jobs during the construction phase.

Bruno Bensasson, EDF Group Senior Executive Vice-President Renewable
Energies and Chief Executive Officer of EDF Renewables declared:

We are very proud to be awarded the largest solar project in the
world at Al Dhafra. This success reflects the quality of our
competitive bid submitted to EWEC, in partnership with Jinko Power.

After the construction of the 1 GW solar power plant in Dubai
with our partners DEWA and Masdar, and the implication in the built of
the Hatta hydroelectric power plant, this new ambitious project
represents a major step forward in EDF group's renewable energies
de-velopment in the UAE.

It also contributes to meet the EDF Group's CAP 2030 strategy,
which aims to double its renewable installed energy capacity from 2015
to 2030 worldwide to 50 GW nets

Mr. Charles Bai, President of Jinko Power International Business added:

We are very pleased being awarded Al Dhafra project, the new
world's single largest solar power generation project, overtaking Noor
Abu Dhabi Project, the current world's largest single solar power
generation project that is sponsored and co-invested by Jinko and our
partners. This new achievement with our partner EDF represents Jinko
Power Interna-tional's strong interest and commitment to contribute to
Abu Dhabi renewable energy targets.

The Al Dhafra project marks not only another important milestone
in utility scale generation in Abu Dhabi, it will set a new record in
single plant generation capacity and competitive tariff. Along with our
other business pipelines executed globally, Jinko Power continues to
deploy its commitment of supplying renewable energy for the great
benefit of consumers, off-takers, and the globe