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TAQA Announces Financial Closing for the World’s Largest Solar Power Plant

12/22/2020

(Press release) 2 GW solar power plant in Al Dhafra received financing from seven international banks 4 million solar panels to generate enough power for 160,000 UAE homes using advanced bifacial technology TAQA to own 40% of project, and Masdar, EDF Renewables and JinkoPower to own 20% each, with EWEC as procurer Abu Dhabi National Energy Company (TAQA) – alongside partners Masdar, EDF Renewables and JinkoPower – announced, today, the successful financial closing of the Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project. The record-breaking project, located approximately 35 kilometers from Abu Dhabi city, will have a capacity of 2 gigawatts (GW) and wi