36 billion dirhams investments in new energy projects under development in Abu Dhabi

Abu Dhabi, April 3/ WAM/ Abu Dhabi National Energy Company (Energy) announced cooperation with the Emirates Water and Electricity Company to develop and implement new energy infrastructure projects, with the aim of enhancing the UAE strategy for artificial intelligence 2031, and supporting the strategic state initiative to achieve climate neutrality by 2050.

The strategic cooperation includes the signing of a “energy” agreement to purchase energy with the 24 -year -old Emirates Water and Electricity Company, to build, ownership and operation of the “Al Dhafra” power station to generate electricity with a 1 GB of open -cycle gas turbine, so that “TATA” has the full property classes at this station, and it takes over operating and maintenance work.

In addition, the company “Energy for Transport Networks” will work to develop an advanced infrastructure for the electricity network, to connect the additional generation capacity with new demand sources, to ensure the provision of reliable supplies of low -carbon electricity.
Cooperation between the Emirates Water and Electricity Company and “Energy” and “Masdar” company strengthens investments of 36 billion dirhams in developing the energy supply infrastructure in Abu Dhabi, so that each of the “Masdar” and “Energy” invests about 75% of this amount in the generation of renewable and traditional energy while the remaining 25% are invested in developing the infrastructure of the electricity network, which will be added to the base of the assets subject to the organization And you will get organized returns.

These projects contribute to supporting the first “clock” project of its kind globally announced recently by the “Emirates Water and Electricity” and “source” to supply electricity generated by renewable energy sources around the clock, which confirms the leadership of the UAE globally in the field of renewing renewable energy and low -carbon energy infrastructure.
This project provides approximately 1 GW of the basic load of electricity generated from renewable energy sources, thus being the largest joint in the world for solar energy and energy storage batteries.

Jassim Hussein Thabet, CEO of the group and the managing director of the “Taqah” company, Vice Chairman of the “Masdar” company, said that providing reliable supplies of low carbon electricity plays an important role in enabling global transformation in the field of energy.

He pointed out that through the extensive energy experiences in the field of generating and transporting electricity, and as the largest contributing authorities in “Masdar”, it plays a pivotal role in advancing clean energy solutions in the UAE, while maintaining its commitment to ensure the supply of low -carbon electricity, at all times.

Thabet added that, starting from the Taqah website as a low -carbon -carbon accompanying company, it is proud of its participation in these global -level projects, along with its partners in the Emirates Water and Electricity Company.

For his part, Ahmed Ali Al Shamsi, CEO of the Emirates Water and Electricity Company, said that cooperation with the “Taqah” company to implement shift initiatives would support the UAE’s ambitions in the field of artificial intelligence, in conjunction with the UAE water and electricity playing a major role in leading the energy transition in the country.
He added that the establishment of a future energy framework for energy to integrate the techniques of the next generation of renewable energy and advanced transportation solutions would achieve the fruit of this cooperation in setting a new global standard for sustainable energy systems balance between sustainability and operational excellence.

Al -Shamsi explained that while the UAE has come a long way to cross towards a future dependent on artificial intelligence, the Emirates Water and Electricity Company contributes to laying the foundation stone for a future in which advanced technologies flourish, and takes into account the future environmental and economic goals of the state.

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