Hassyan Energy signs contract with Harbin and GE

Hassyan Energy Company, a joint venture between Dubai Electricity & Water Authority (DEWA) (51%) and ACWA Power Harbin Holding Company (49%), has recently signed the EPC agreement with both Harbin Electric International and General Electric (GE) for the Hassyan Energy Phase 1 P.S.C.
The EPC agreement pushes forward the development of the project, which will produce 2,400 MW of net electricity using clean coal, and works towards achieving the objectives outlined in Dubai’s CleanEnergy Strategy 2050, in particular the fifth pillar, which prioritizes environmentally friendly energy according to the following percentages: 25% solar energy, 7% nuclear energy, 7% clean coal, and 61% natural gas by 2030.  The first unit is expected to be operational by March 2020 – before Expo 2020 in Dubai.
Importantly, the Hassyan plant will operate in compliance with aggressive emissions and environmental international standards. To help further guarantee compliance, the power plant will meet the limits set for flue gas emissions which are stricter than the emission limits in the Industrial Emissions Directive (IED) of the European Union and in the International Finance Corporation (IFC) guidelines. Phase 1 of the project consists of four units of 600 MW net power each, which will respectively be operational in March 2020, March 2021, March 2022 and March 2023.

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