Masdar JV in deal to set up key solar plant at Tawazun Industrial Park
The agreement, which covers an 11.5MWp ground-mounted solar PV plant and a 1.75MWp carport, will avoid 14,064 tonnes of CO₂ emissions annually, said Emerge in a statement.
This is equivalent to removing the emissions of more than 25 percent of the current residents in TIP. Construction of the plant is due to begin in late 2025, it stated.
As per the deal, Emerge will handle the entire project lifecycle under a Build-Own-Operate-Transfer (BOOT) agreement. This includes financing, design, procurement, construction, operation, and maintenance of the solar plant for a period of 25 years.
The agreement was signed on the second day of IDEX 2025 in Abu Dhabi by Michel Abi Saab, General Manager of Emerge, and Faiz Al Nahdi, CEO of Tawazun Industrial Park (TIP) in the presence of Aurelien Delahaye, Deputy CEO ME of EDF, and Ali Alshimmari, Head of Strategic and Special Projects at Masdar.
On the Emerge deal, Al Nahdi said: "Our collaboration with the Masdar-EDF JV marks a significant step in integrating clean energy solutions into Tawazun Industrial Park. This project underscores our responsibility to minimise environmental impact while fostering a modern, forward-thinking industrial hub."
"By incorporating renewable energy, we are equipping TIP and its resident companies with sustainable resources to thrive," he stated.
"This initiative aligns with national priorities, including the UAE's 'Net Zero by 2050 Strategy', and reinforces our role in driving innovation and sustainable growth across strategic sectors," he added.
On the deal, Abi Saab said: "We are extremely proud to welcome TIP as a client and to demonstrate the value we add as an energy services company. Our turnkey solutions offer businesses like TIP the opportunity to decarbonise and the ability to transition towards a sustainable future without upfront costs."
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