Core Insights - Fujairah Power Company F3 has commenced commercial operations of the Fujairah F3 independent power project, which is a significant development in the UAE's energy sector [1][4] - The project is a combined cycle gas turbine (CCGT) power plant with a generation capacity of 2,400MW, making it the largest of its kind in the UAE [2][3] Investment Structure - The investment in the Fujairah F3 project is shared among several partners: Marubeni holds a 20.4% stake, TAQA owns 40%, while Mubadala and Hokuriku Electric Power hold 20% and 19.6%, respectively [2] Power Purchase Agreement - The electricity generated from the Fujairah F3 project will be sold to Emirates Water and Electricity Company (EWEC) under a 25-year power purchase agreement (PPA) [2] Technological Features - The plant utilizes Mitsubishi Power's advanced JAC-class gas turbine generators in a combined cycle configuration, enhancing its efficiency and output [3] Contribution to Energy Diversification - The Fujairah F3 project is expected to play a crucial role in the UAE's energy diversification efforts, supporting the transition towards renewable and low-carbon energy sources [3] Challenges in Renewable Energy - Despite advancements in renewable energy, the UAE faces challenges such as nighttime energy supply and the need for rapid output adjustments, which the Fujairah F3 project aims to address [4]