The project will comprise approximately three million solar panels.
The Khazna Solar PV project represents a key component of EWEC’s strategic plan to expand solar energy capacity in Abu Dhabi and across the United Arab Emirates (UAE). Once completed, the facility will generate enough electricity to power about 160,000 homes nationwide and is expected to reduce carbon emissions by more than 2.4 million tonnes annually in Abu Dhabi. The project will include nearly three million solar panels and contribute to EWEC’s goal of raising Abu Dhabi’s solar power generation capacity to 18GW by 2035.
The initiative aligns with the Abu Dhabi Department of Energy’s Clean Energy Strategic Target 2035, which aims for 60% of the emirate’s power demand to be met through renewable and clean energy sources by that year. The Khazna project is part of EWEC’s broader efforts to advance the UAE’s clean energy transition and support long-term sustainability goals.
EWEC CEO Ahmed Ali Alshamsi said: “Khazna Solar PV, our fourth world-leading utility-scale solar project, is a strategic asset that significantly accelerates our journey towards achieving the UAE’s renewable energy targets. By commissioning and deploying transformative and world-leading renewable energy projects, EWEC is taking tangible actions that are pivotal in accelerating the UAE’s energy transition to a carbon-neutral future, supporting the country’s sustainability and socioeconomic objectives.”
Masdar CEO Mohamed Jameel Al Ramahi commented: “Masdar is proud to collaborate with EWEC and ENGIE on this gigawatt-scale project, which will support the UAE’s clean energy journey. The Khazna Solar PV project continues our longstanding partnership with EWEC, changing how the UAE produces and consumes energy through pioneering, best-in-class solutions. As a global clean energy leader and the UAE’s renewables champion, Masdar is proud to be playing a key role in accelerating the energy system transformation, and this iconic solar project will support that transformation while creating opportunities for sustainable socioeconomic growth.”
Under the terms of the PPA, ENGIE and Masdar will be responsible for the design, financing, construction, and operation of the facility, located near the Al Khazna area in Abu Dhabi. EWEC will pay only for the net electrical energy supplied by the project. Financial closure is expected by the end of the fourth quarter of 2025.
Earlier this year, EWEC also initiated bidding for the Zarraf Solar PV independent power producer project, further demonstrating its commitment to expanding renewable energy infrastructure and enhancing the UAE’s clean energy portfolio.
