At COP28 in Dubai, Iberdrola of Spain and UAE’s Masdar announced a strategic partnership valued at €15 billion. This agreement focuses on the joint development of offshore wind and green hydrogen projects across key markets, including Germany, the UK, and the USA. East Anglia 3 Project: A Cornerstone of Iberdrola-Masdar Alliance The partnership builds on […]
Abu Dhabi Future Energy Company PJSC – Masdar, a leader in the UAE’s clean energy sector, has announced a substantial investment of £11 billion into the UK’s renewable energy sector alongside German energy company RWE. This significant move involves purchasing a 49 percent stake in RWE’s 3 gigawatt (GW) Dogger Bank South offshore wind projects […]
In a significant move for European renewable energy expansion, Iberdrola has solidified its partnership with Masdar, an Abu Dhabi-based renewable energy giant, to co-invest in the sizable 476 MW Baltic Eagle offshore wind farm situated in the German Baltic Sea. The project, now fully approved by regulatory bodies, will be predominantly controlled by Iberdrola with […]
Abu Dhabi Future Energy Company (Masdar), a major force in the global clean energy sector from the UAE, has inked pivotal agreements to develop solar and onshore wind projects in Azerbaijan. These projects cumulatively bring 1 gigawatt (GW) of capacity to the table, marking a substantial advancement in renewable energy for Azerbaijan. Inauguration of the […]
The UAE’s clean energy trailblazer, Abu Dhabi Future Energy Company PJSC (Masdar), and the Malaysian Investment Development Authority (MIDA), have inked a landmark Memorandum of Understanding (MoU) to propel Malaysia’s clean energy journey. With an investment of $8 billion, the strategic partnership targets the development of up to 10 gigawatts (GW) of renewable energy projects, […]
Masdar, a UAE-based renewable energy company, has acquired a 50% interest in the Big Beau project in California from EDF Renewables North America, in a move to increase its footprint in the US renewables market. The financial terms of the deal were not disclosed. The Big Beau project is one of eight joint venture projects […]
UAE-based renewable energy company Masdar has made an undisclosed investment in Indonesia-based Pertamina Geothermal Energy, to mark its foray into the geothermal space. With the investment, Masdar anticipates to increase its footprint in the Asia-Pacific region and gain access to the world’s second largest geothermal market. Pertamina Geothermal Energy, with a portfolio capacity of more […]
Masdar, a UAE-government owned renewable energy company, will build a 100MW solar power plant in Turkmenistan, marking its foray into Central Asian country’s renewable energy space. To this effect, Masdar has entered a joint development agreement with Turkmenenergo State Power Corporation of the Ministry of Energy of Turkmenistan (Turkmenenergo). The new solar power plant in […]
Masdar, Infinity Power, and Hassan Allam Utilities, which is the investment and development arm of Hassan Allam Holding, will construct a 10GW wind project in Egypt. Infinity Power is a joint venture between Masdar, a UAE-government owned renewable energy company, and Infinity, which is an Egyptian renewable energy developer. A memorandum of understanding (MoU) was […]
Xinjiang Goldwind Science & Technology (Goldwind) has received a contract from Masdar, Abu Dhabi Future Energy Company to supply turbines for the 500MW Zarafshan wind farm in Uzbekistan. Under the contract, the Chinese wind turbine manufacturer will deliver 111 units of GW155-4.5MW wind turbines for the Zarafshan wind project. Located in the Navoi region in […]