EWEC is accelerating the implementation of Abu Dhabi’s energy transition to reduce reliance on hydrocarbons and meet its energy demand through renewable sources
The solar farm will generate enough electricity to power approximately 160,000 homes across the UAE
The plant will desalinate seawater using low-carbon intensive reverse osmosis technology to produce water sufficient to meet the demand of up to 210,000 households
The facility is currently producing 183 MIGD of desalinated water making Taweelah the world’s largest operating reverse osmosis facility
Via the agreement, 100 per cent of Aldar’s owned and managed operating assets will be powered by EWEC’s clean energy sources for up to five years
The $700m placement is the largest green bond issued in the region
The partnership will see up to 100 per cent of ADNOC’s grid power supplied by EWEC’s nuclear and solar clean energy sources