EnergyWatch

Abu Dhabi poised to construct the world's largest solar farm

The financing for the USD 872 million solar farm is close to finalization, according to Abu Dhabi's state-owned utility.

Totalling 1.177 GW, the future solar farm will be the biggest in the world and the funding for the project is now settled, says Abu Dhabi Water & Electricity Authority, ADWEA, according to Reuters.

In total, the farm will cost AED 3.2 billion (EUR 820 million) to construct. The financing will consist of ADWEA supplying 25 percent of the capital while the remaining 75 percent will be debt, lent from local as well as international banks. It is expected that financing will be finalized by April.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

GE implements 3D printing for making component molds

Developing the world's largest 3D printer will enable the OEM to make molds for nacelle components of up to 9.5 meters in diameter and weighing more than 60 tonnes by means of additive manufacturing. Initial testing is set to begin in early 2022.

Further reading

Related articles

Trial banner

Latest News

See all jobs