EEP Ethiopia Solar PV Park 2 is a 125MW solar PV power project. It is planned in Afar, Ethiopia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2023. Buy the profile here.
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Description
The project is being developed and currently owned by Acwa Power. The company has a stake of 100%.
EEP Ethiopia Solar PV Park 2 is a ground-mounted solar project which is planned over 236 hectares.
The project is expected to supply enough clean energy to power 750,000 households.
Development status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2023.
Power purchase agreement
The power generated from the project will be sold to Ethiopian Electric Power under a power purchase agreement. The power will be sold at the rate of $0.002kWh for a period of 20 years. The capacity to be procured is 125MW.
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Contractors involved
The First National Operation & Maintenance is expected to perform operations and maintenance for the solar PV power project.
For more details on EEP Ethiopia Solar PV Park 2, buy the profile here.
About Acwa Power
Acwa Power Co (Acwa Power), formerly International Company for Water and Power Projects, is a developer, investor, and operator of power generation, renewable energy and desalinated water production plants. It supplies electricity and potable water to its customers in the region. It generates power through oil, gas, solar and wind technologies. Acwa Power also offers operation and maintenance services to power and water desalination industry through its subsidiary, the First National Operations & Maintenance Company. The company has operations across the Middle East, Africa and Asia. Acwa Power is headquartered in Riyadh, Saudi Arabia.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
