ACWA Power wraps up successful presence at WFES 2018
- ACWA Power made global announcements during the Summit including the adoption of SolarCoin, the award of Benban’s EPC contract with Chint Group, and a partnership agreement with Huawei
- Andrea Lovato holds workshop covering opportunities for low cost renewables in the MENA region
ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants, concluded its participation at World Future Energy Summit (WFES), which took place last week during Abu Dhabi Sustainability Week.
Over the course of the four-day event, ACWA Power made a number of global announcements including the adoption of SolarCoin; a blockchain-based digital asset and crypto currency designed to accelerate the transition to clean energy technology. In addition, Dr. Andrea Lovato, Executive Director, Business Development, ACWA Power hosted a workshop covering opportunities for low cost renewables in the MENA region
During the exhibition, ACWA Power also awarded an EPC contract to China’s Chint Group for three solar photovoltaic power plants at Benban, Egypt within the Feed-in-Tariff (FiT) program. The EPC contract moves forward the construction of these three projects of a total investment value of US$ 190 million, which together will generate a total of 165.5 MWp.
The company also announced the roll out of a centralized control and monitoring pilot project that will implement Huawei’s FusionSolar solution for enhanced plant management, monitoring and control. The system allows solar plant operators to control and monitor performance without being on site, lowering the labour and cost requirements for O&M.
ACWA Power operates in eleven countries, and has deployed a variety of technology solutions to support governments in reliably supplying desalinated water and power at the lowest possible cost.