Masdar, a clean energy leader, announced that its renewable energy portfolio capacity has reached 65 gigawatts (GW), up from 51GW in 2025, marking two decades since the UAE made the strategic decision to invest early in clean energy.
Of the 65GW portfolio,
45GW is operational, under construction, or committed, with a further 20GW of
advanced pipeline, placing Masdar two-thirds of the way to its 100GW by 2030
target.
To deliver the next
phase of growth, Masdar will deploy an additional $30-35 billion in equity and
project finance by 2030, adding an average of 10GW of new capacity each year.
This expansion will be
funded through a disciplined mix of equity, green bonds and long-term project
financing secured against high-quality assets.
As its portfolio
scales, Masdar will maintain a geographically and technologically diversified
footprint, with its equity investment split broadly across renewable
technologies and weighted toward high-growth, investment-grade markets.
Through long-term
partnerships, innovation, and $45bn in investment, Masdar has helped drive down
costs, increase efficiency, and overcome structural challenges such as
intermittency, helping make renewables the cheapest and fastest way to deploy
new electricity capacity globally.
Today, Masdar is one
of the world’s largest owners and operators of renewables worldwide, with
platforms for growth in the world’s most commercially attractive, fast-growing
energy markets.
The company is
well-positioned to capture the anticipated growth in energy demand, driven by
electrification, economic growth, and the rapid expansion of Artificial
Intelligence.
Masdar’s growth in
2025 was marked by landmark projects and transactions that accelerated its
global expansion and strengthened its diversified portfolio.
In the UAE, Masdar and
EWEC broke ground on the world’s first gigascale round-the-clock renewable
energy project, combining a 5.2GW solar PV plant with a 19GWh battery energy
storage system, to provide dispatchable clean power at scale.
In Europe, Masdar
completed the 100 percent acquisition of TERNA ENERGY in Greece, strengthened
its ongoing partnership with ENEL and Endesa in Spain, completing a €368
million ($428 million) solar PV acquisition, and reached financial close with
Iberdrola on the €5.2 billion East Anglia THREE offshore wind project in the
United Kingdom, one of the largest offshore wind financings of the past decade.
Masdar’s offshore wind
footprint continued to grow with the full energisation of the 476MW Baltic
Eagle wind farm in Germany, marking the first operational milestone in its
partnership with Iberdrola in the German offshore wind market.
Beyond Europe, Masdar
entered high-growth markets in Southeast and Central Asia, signing agreements
for 1GW of projects in the Philippines, a 200MW floating solar project in
Malaysia, and Uzbekistan’s largest standalone battery energy storage system at
Zarafshan.
In 2025, Masdar
further strengthened its balance sheet in 2025 through the issuance of its
third green bond, bringing the total issuance to around $2.75 billion.
Dr Sultan Ahmed Al
Jaber, Chairman of Masdar, said: “Twenty years ago, His Highness Sheikh Mohamed
bin Zayed Al Nahyan, President of the UAE, took a bold strategic decision to
invest in renewables before they were proven at scale. Reaching 65 gigawatts
today shows what is possible when visionary leadership sets a clear direction,
does not waver, and stays the course. The next phase of growth will be defined
by the fusion of energy, advanced manufacturing and artificial intelligence,
creating smarter systems, stronger industries and more resilient economies. Through
Masdar, the UAE is helping power that future and driving sustainable human
progress around the world.”
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: “Masdar’s first 20 years have been defined by ambition, discipline, innovation and partnership. Those same attributes will guide us to reach our 100GW target, while providing attractive returns to our shareholders and helping power prosperity for our partners around the world. Global electricity demand is growing fast, and Masdar is perfectly positioned to help meet that demand across some of the world’s most promising and most commercially attractive markets. I am proud of all our colleagues who have played a role in our first 20 years, and I look forward to what the next 20 will bring.” -TradeArabia News Service