TAQA Transmission will acquire EGA’s electricity transmission assets and upgrade interconnection capacity from 640 to 3,360 MVA by 2027 to enable more clean energy delivery to EGA sites.

The Al Taweelah plant, a 3.1 GW facility with 6.25 million imperial gallons per day of desalination, will sign a Power Purchase Agreement with EWEC through 2049 to provide flexible capacity for renewable integration.

Integrating EGA’s generation with the grid will boost fleet efficiency, reduce gas use per unit of electricity, and support TAQA and EWEC’s emissions-reduction targets.

TAQA and Dubal Holding will acquire EGA’s Al Taweelah power and water assets for $1.9 billion to form a TAQA–DUBAL Holding joint venture, with operations managed by a new TAQA–EGA joint operations company.

EGA will become the largest single electricity customer on the Abu Dhabi grid, signing long-term supply agreements for 23 TWh annually over 24 years with EWEC and TAQA Distribution, increasing renewables in its power mix as solar comes online.

By 2035, the initiative targets annual greenhouse gas emissions reductions of about 3.5 million tonnes, with regulatory approvals and a planned closing in the new year.

A consortium led by Emirates Global Aluminium (EGA) and including TAQA, DUBAL Holding, and EWEC unveils agreements to decarbonise aluminium production and expand renewables in Abu Dhabi, aiming for net-zero by 2050.

Production of CelestiAL and MinimAL will ramp up from late 2025 as EGA gains access to additional clean energy certificates from existing solar and nuclear assets.

EWEC projects more than 18 GW of solar PV capacity by 2035 and anticipates national energy-sector CO2 emissions falling about 50% by the mid-2030s, while EGA plans to grow CelestiAL solar aluminium and MinimAL low-carbon aluminium to potentially near half of total primary output by end-2028, depending on demand.

The transaction is subject to regulatory approvals and customary closing conditions, with completion expected in the new year.