ENGIE and Masdar Sign Power Purchase Agreement with EWEC for Khazna Solar PV

EWEC, in partnership with ENGIE and Masdar, has awarded the 1.5 GW (AC) Khazna Solar Photovoltaic (PV) Independent Power Project, a major step towards increasing Abu Dhabi's solar power generation capacity to 18 GW by 2035. The project will feature nearly three million solar panels, generating enough electricity to power approximately 160,000 homes across the UAE, while avoiding more than 2.4 million metric tonnes of carbon emissions per year.

Key Takeaways:

  • The Khazna Solar PV project is a 1.5 GW (AC) utility-scale solar power plant, awarded to ENGIE and Masdar, a global leader in clean energy.
  • The project will generate enough electricity to power approximately 160,000 homes across the UAE, avoiding more than 2.4 million metric tonnes of carbon emissions per year.
  • The plant will feature nearly three million solar panels and contribute to EWEC's strategic plans to increase Abu Dhabi's solar power generation capacity to 18 GW by 2035.
  • The Khazna Solar PV project will be part of EWEC's region-leading strategic plans to substantially increase Abu Dhabi and UAE's solar power capacity.
  • The project will also significantly contribute to EWEC's plan to meet 60% of Abu Dhabi's total power demand from renewable and clean energy sources by 2035.
  • The project will integrate advanced digital solutions, including IoT-enabled sensors, cloud-based monitoring platforms, big data analytics, and robotic cleaning systems to ensure optimal panel performance and reduced maintenance costs.
  • The project will be located near Al Khazna area of Abu Dhabi and is expected to achieve financial close by the end of Q4 2025.
  • Ahmed Ali Alshamsi, Chief Executive Officer of EWEC, stated that Khazna Solar PV is a strategic asset that accelerates their journey towards achieving UAE's renewable energy targets.
  • Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, mentioned that the Khazna Solar PV project continues their long-standing partnership with EWEC, supporting the UAE's clean energy journey.
  • Paulo Almirante, ENGIE Senior Vice President, stated that ENGIE is proud to support the UAE's energy transition and deepen their longstanding partnership with the country through the Khazna Solar PV project.

Statistics:

  • The Khazna Solar PV project will generate enough electricity to power approximately 160,000 homes across the UAE.
  • The project will avoid more than 2.4 million metric tonnes of carbon emissions per year.
  • The plant will feature nearly three million solar panels.
  • EWEC aims to produce over 50% of Abu Dhabi's energy needs from renewable and clean energy sources by 2030.
  • The average carbon dioxide intensity from electricity generation in Abu Dhabi is expected to fall by 54% from 330 kg/MWh in 2019 to 150 kg/MWh in 2030.

Sources:

  • Euclid Infotech Pvt. Ltd., 2025.
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