The name "Itaipu" was taken from an isle that existed near the construction site. In the Guarani language, Itaipu means "the sounding stone".[4] The Itaipu Dam's hydroelectric power plant produced the most energy of any in the world, setting a new world record in 2016, 103,098,366 megawatt hour (MWh); and had surpassed the Three Gorges Dam plant in 2016 and 2015 in energy production. Completed in 1984, it is a binational undertaking run by Brazil and Paraguay at the border between the two countries, 15 km (9.3 mi) north of the Friendship Bridge. The project ranges from Foz do Iguaçu, in Brazil, and Ciudad del Este in Paraguay, in the south to Guaíra and Salto del Guairá in the north. The installed generation capacity of the plant is 14 GW, with 20 generating units providing 700 MW each with a hydraulic design head of 118 metres (387 ft). In 2016 the plant generated a new world record. In 2016, the plant employed 3038 workers.[5]