2021
Sweihan Photovoltaic Independent Power Project in the United Arab Emirates
Received “2020 MEED Projects of the Year” Award
Jan. 06. 2021
Marubeni Corporation
The UAE’s Sweihan Photovoltaic IPP (hereinafter, “the Project”) development was named as the Project of the Year at the 2020 MEED Projects Awards. The world’s largest single-site solar project also bagged two other awards: Mega Project of the Year and Power Generation Project of the Year, out of which MEED, a major senior management media brand and publication in the Middle East, was celebrating the GCC’s best projects completed in 2018 and 2019.
Marubeni Corporation, having 20% ownership in the Project, together with JinkoSolar Holding Co., Ltd and Abu Dhabi National Energy Company (TAQA) commenced commercial operation of the 1,177MW solar power plant in April, 2019 through the Sweihan PV Power Company. All power generated from the Project is sold to the Emirates Water and Electricity Company under a 25-year power purchase agreement.
The Project is integral in contributing to the UAE’s national target of 50% clean energy by 2050, of which 44% will come from renewable energy.
To contribute to building a sustainable society, Marubeni will continue to expand its renewable energy generation business in the Middle East and also throughout the world.