Sponsored by TotalEnergies, Masdar (Abu Dhabi Future Energy Company), and the Abu Dhabi Retirement Pensions & Benefits Fund, Shams Power is the first operational utility-scale CSP plant in the MENA region, underscoring the UAE’s leadership in clean energy...
Key objectives of the project include improvements in operational efficiency, reduction in water costs, and attracting foreign and local investment while maximising in-country value. ADNOC and TAQA hold a joint 51% stake in the project company, with the remaining 49%...