Renewable Energy Abu Dhabi seeks developers for greenfield power storage project By Pramod Kumar July 26, 2024, 5:48 AM Unsplash.com/Antonio Garcia The project will provide up to 800 megawatt-hours of storage capacity State-owned Emirates Water and Electricity Company has requested proposals from 27 qualified companies and consortiums to develop a greenfield 400-megawatt battery energy storage system project in Abu Dhabi. The request for proposals is being issued to bidders who passed the qualification process following the expression of interest in April 2024. A total of 93 companies and consortiums submitted EOIs. The value of the project was not given. NewsletterGet the Best of AGBI delivered straight to your inbox every week The project will provide up to 800 megawatt-hours of storage capacity, accelerating the energy transition to renewable and clean sources. The accelerated growth in renewables will significantly reduce the carbon dioxide intensity in power supply from 330 kilograms per megawatt hour (kg/MWh) in 2019 to an estimated 190 kg/MWh by 2030. Othman Al Ali, CEO of Ewec, said that utility-scale battery energy storage system technology will facilitate rapid integration of renewable energy from solar into the system, enabling it to operate and manage peak demand more efficiently. The project is based on the independent power producer model and involves the development, financing, construction, operation, maintenance and ownership of the battery system and associated infrastructure. The deadline for the submission of RFPs is during the final quarter of this year.
Economy Oman issues $460m in grants to support citizens Oman has provided funding of OR178 million ($460 million) to support more than 100,000 citizens in housing and businesses. Sultan Haitham bin Tariq, in a royal decree marking the fifth anniversary of his accession to the throne, increased the allocation for this year’s housing assistance programme, which provides housing to lower income families. The grants […] 3 hours ago
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Logistics Fall of Assad reopens Syria route to Gulf for Turkey’s truckers The overthrow of the Bashar Al-Assad regime is great news for Turkey’s logistics sector, with hopes that the direct land route to the Gulf region through Syria may soon be re-established. While there will be strong demand for logistics in Syria as the country rebuilds after 13 years of civil war, Turkey’s truckers are looking […] 3 hours ago
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