Abu Dhabi-based energy giant Taqa has secured a 24-year power purchase agreement (PPA) with Emirates Water and Electricity Company (EWEC) to develop the 1GW Al Dhafra Open-Cycle Gas Turbine (OCGT) project. Under the deal, Taqa will hold full ownership of the project, overseeing its operation and maintenance to enhance the UAE’s energy infrastructure.
Strengthening the Power Grid
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Once operational, the Al Dhafra facility will provide 1GW of base-load power daily, featuring the world’s largest combined solar and battery energy storage system (BESS)—a major step toward a cleaner, more resilient power supply.
Dh36 Billion Investment in Energy Expansion
The agreement is part of a Dh36 billion investment strategy to expand Abu Dhabi’s energy supply infrastructure. Around 75% of the funding will be allocated to renewable and conventional power projects, while the remaining 25% will support grid expansion, with regulated financial returns incorporated into the asset base.
Commitment to Clean Energy
Jasim Thabet, Group CEO and Managing Director of Taqa, as well as Vice-Chairman of Masdar, emphasized the company’s pivotal role in advancing sustainable energy.
“Through our expertise in power generation and transmission – and as the largest shareholder in Masdar – Taqa plays a central role in driving the UAE’s clean energy transition. We remain committed to ensuring reliable, low-carbon power at all times,” Thabet stated.
Setting new standards for the energy industry’s future, the UAE is reaffirming its leadership in the world of creating low-carbon, sustainable infrastructure as it expands its use of renewable energy.
