Abu Dhabi National Energy Company (TAQA) is set to enhance the emirate’s growing data and artificial intelligence sector, with plans for investments that will exceed AED37 billion ($10 billion) to meet the power demands of the data centre industry. This initiative is part of TAQA’s broader strategy to provide clean, certified, and reliable energy for critical infrastructure.

During the World Utilities Congress 2025, Jasim Husain Thabet, TAQA’s Group CEO and Managing Director, emphasized the company’s strong growth trajectory and recent strategic acquisitions. He noted TAQA’s robust market position, marked by a market capitalization of approximately AED360 billion ($98 billion), making it one of the top five companies in Europe, Africa, and the Middle East in the fields of electricity generation, transmission, and water desalination.

Over the last four years, TAQA has doubled its electricity production capacity to 56 gigawatts, surpassing the total electricity consumption of the United Kingdom. Recent strategic acquisitions include an 875-megawatt gas-powered electricity station in Uzbekistan, which TAQA partnered to acquire with Mubadala, aiding Uzbekistan’s energy transition and facilitating entry into new Central Asian markets.

Further diversifying its clean energy portfolio, TAQA is constructing a 1-gigawatt gas turbine power station. In collaboration with Masdar, a major stakeholder, TAQA is also working on a 5-gigawatt solar energy project complemented by 19 gigawatt-hours of battery storage. This integrated solar and battery system is designed to provide a continuous supply of 1 gigawatt for 24 hours, positioning it as the largest project of its kind globally.

Looking ahead, TAQA aims to invest AED75 billion ($20.4 billion) by 2030 to triple its electricity generation capacity to 150 gigawatts. As part of this ambitious growth strategy, the company is also planning to develop water desalination plants with a combined capacity of 1.3 billion gallons per day, with two-thirds of these facilities utilizing highly efficient reverse osmosis technology.