Abu Dhabi-based clean energy giant Masdar, SOCAR Green, and Saudi-listed ACWA Power have signed a Memorandum of Understanding (MoU) to develop 3.5 gigawatts (GW) of offshore wind power in Azerbaijan. The planned projects mark Azerbaijan’s entry into offshore wind, a significant step toward the country’s renewable energy and decarbonization goals. The collaboration will advance renewable […]
TotalEnergies and Masdar have successfully conducted a groundbreaking test flight in Dubai, showcasing the potential of converting Methanol to Sustainable Aviation Fuel (SAF). This significant development occurred alongside COP28 in the UAE, marking a pivotal step in the journey towards sustainable aviation. The collaboration involved key industry players, including the UAE General Civil Aviation Authority, […]
Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates’ leading clean energy company, has announced a landmark agreement with the Jordanian Ministry of Energy and Mineral Resources. The agreement includes a joint development plan for a 1 gigawatt (GW) wind project with a battery energy storage system (BESS) and a memorandum to […]
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 […]
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, […]
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, an Abu Dhabi-based renewable energy company, has inaugurated the 100MW Nur Navoi Solar Project in Uzbekistan in the presence of the country’s President Shavkat Mirziyoyev. In late 2019, the subsidiary of Mubadala Investment Company had inked a power purchase agreement (PPA) and government support agreement (GSA) with the Uzbekistan government to design, finance, construct […]
The 50MW Dhofar Wind Farm in Oman, which is being developed by Abu Dhabi Future Energy Company (Masdar) as the first utility-scale wind farm in the Gulf Cooperation Council, has produced its first power. The milestone has been achieved following the commissioning of the first turbine. The remaining 12 turbines are scheduled to be brought […]