Emirates Global Aluminium (EGA) is partnering with the Abu Dhabi National Energy Company (Taqa), the Emirates Water and Electricity Company (Ewec), and Dubal Holding to expand solar generation capacity in the UAE and decarbonize aluminum production.
Ewec said on Wednesday that the cooperation, which is still awaiting approval, will help EGA attain net-zero energy by 2050 and assist Ewec's ambition to set up more renewable energy projects while also enhance output of CelestiAL solar aluminum.
Taqa and Dubal Holding are mulling a deal under which they will buy EGA's electricity generation assets in the UAE, including 6.47 GW of combined cycle gas power plants. The power generated will be supplied to the grid under a long-term power purchase agreement (PPA).
