Emirates Water and Electricity Company awards world’s largest solar power plant in Abu Dhabi to Taqa, Masdar-led consortium – Gulf Today

Emirates Water and Electricity Company awards world’s largest solar power plant in Abu Dhabi to Taqa, Masdar-led consortium – Gulf Today

Dubas real estate sector records transactions worth Dhs72.5 billion in H1

The rigorous procurement process resulted in one of the most cost-competitive tariffs for solar PV energy, set at Dhs4.97 fils/kWh (USD 1.35 cents/kWh) on a levellised cost of electricity, LCOE, basis. Upon full commercial operation, the plant is expected to reduce Abu Dhabi's CO2 emissions by more than 2.4 million metric tonnes per year, equivalent to removing approximately 470,000 cars from the road.

This file photo shows the Masdar solar plant. Image only for representation

Speaking about the milestone, Othman Al Ali, Chief Executive Officer of EWEC, said, "We are delighted to work with our partners and sign a PPA with a record-low tariff for solar power. We are working to secure long-term energy supply and reinforce solar power's integral role in meeting current and future energy needs. Combined with key technological advances, the Al Dhafra Solar PV project will have a significant impact on diversifying the approach to our current electricity supply, and drive our strategic plan to further contribute towards the sector's transformation in water and electricity production, as we develop a low-carbon grid in the UAE."

Jasim Husain Thabet, Group CEO and Managing Director at “ŽTAQA, said, "The Al Dhafra