Jun 20 2012
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TAQA and CWM Abu Dhabi Collaborate to Develop Waste to Energy Initiative
Having developed the concept over the past twelve months, TAQA and CWM have agreed to work together to create one of the largest Waste to Energy plants in the world, and the first of its kind in The United Arab Emirates. The facility will be capable of processing up to a million tonnes of municipal solid waste per annum, contributing towards CWM's stated target of 80% diversion of waste from landfill, which falls within the Abu Dhabi Vision 2030 objectives. TAQA 's experience of building, owning and operating thermal power facilities means that Waste to Energy is a natural addition to its fleet.
HE Mohammed Al Bawardi, Chairman of The Centre of Waste Management Abu Dhabi said, "Keeping up with the Abu Dhabi Vision 2030 requires the concerted efforts of various departments and national institutions to develop in a sustainable and environmentally responsible way. In signing this Agreement, we at the Centre of Waste Management see cooperation with TAQA as the mainstay of a sustainable waste management strategy, focusing on our goal of 80% diversion of waste from landfill."
Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA ).
TAQA 's business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.
Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA 's power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.
Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA 's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.
Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation.
Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi's economic vision 2030, working towards sustainable economic development.
For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBALContact Information for Media:
TAQA Media Relations, Abu Dhabi
Tel +971 2 691 4894; Mob +971 56 685 2717
© Press Release 2012
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