UAE's KEZAD, TotalEnergies to explore distributed solar in Abu Dhabi
- Emirati free zones operator Khalifa Economic Zones Abu Dhabi (KEZAD Group) said on Monday that it has signed an agreement with a TotalEnergies SE (EPA: TTE) unit to explore possibilities for the development of distributed solar remedies across KEZAD's commercial environment.
This environment spans a total land area of 550 square kilometres (212.4 sq miles), including 100 square kilometres assigned as free zones, as well as gives room for over 1,750 financiers. The Abu Dhabi-based group stated that it intends to be able to create clean power at its sites.
The arrangement was signed with TotalEnergies Renewables Distributed Generation Center East & Africa, which creates financial resources, constructs and also operates solar power systems for commercial and industrial (C & i) consumers. In the UAE, the French firm has around 100 MW of business-to-business solar power, according to KEZAD Group.
Together, the two parties will certainly incorporated their knowledge and also modern technologies carry out a collection of expediency researches for distributed solar generation at KEZAD, covering financial, business, regulatory, as well as technological elements.
"Via our partnership with TotalEnergies, we are keen to know the total potential of distributed solar generation across our incorporated environment at KEZAD Group, as well as to improve the value recommendation we can supply to our financiers while sustaining Abu Dhabi as well as the UAE's sustainability goals," stated Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi - KEZAD Group.
The Emirate of Abu Dhabi has a goal to mount 5.6 GW of solar PV capacity by 2026. It is currently establishing a 2-GW solar plant in the Al Dhafra region.
KEZAD Group is a subsidiary of Abu Dhabi-based AD Ports Group.