The world's largest single-station solar power project was commissioned in Abu Dhabi

Noor Abu Dhabi, the world's largest single-station solar power project in Sweihan, has been successfully commissioned with an installed capacity of 1,177 MW
.

According to a statement from the consortium, the project was completed through a joint venture formed by the Abu Dhabi government with Japan's Marubeni and China's
JinkoSolar.

The joint venture is 20 percent owned by Japan's Marubeni Co.
, Ltd
.
, 20 percent by China Jinko and 60 percent by Abu Dhabi State-owned Power Company.

All electricity generated by the Sweihan project will be sold to Emirates Hydropower Company (EWEC) via a Power Purchase Agreement (PPA) for a period of 25 years
.

The large-scale solar power project is expected to reduce carbon emissions by 1 million metric tons in a year and meet the electricity needs
of about 90,000 people.
The project, an important part of the United Arab Emirates (UAE) Energy Strategy 2050, was launched
in 2017.

By 2050, the UAE is poised to increase the share of renewables in its energy mix to 50%, reducing the carbon footprint of natural gas power generation by 70%.

Noor Abu Dhabi cost $861.
2 million to build, including more than 3.
2 million solar photovoltaic panels
.
The project won the bid
at the lowest rate of $0.
0242/kWh in the world, the most competitive tax rate in the world.

The loan agreement for the project was signed in May 2017 to co-finance eight commercial banks, including Tokyo Mitsubishi UFJ Bank Co.
, Ltd.
(currently renamed MUFG Bank), Norinchukin Bank, and Sumitomo Mitsui Banking Corporation
.
According to the press statement, the construction of the project began as scheduled and was completed
within 23 months as originally planned.

Back in 2017, Mercom reported that Sterling & Wilson had won an engineering procurement and construction (EPC) bid to develop the 1,177 MW solar project
in Sweihan, emirate of Abu Dhabi.