Masdar and Montenegro’s EPCG have advanced their renewable energy partnership, signing agreements for 150MW of solar projects and exploring over 400MW of pumped hydro storage under a joint venture targeting 2GW of clean energy capacity.
A&O Shearman, a leading law firm, has advised Abu Dhabi Future Energy Company (Masdar) on a combined $6.1 billion financing package for a landmark solar-plus-storage project in Abu Dhabi.
Terra-Gen has begun commercial operations at its 80MW Lockhart Solar PV IV project in California, expanding its renewable energy portfolio and generating enough electricity to power about 40,000 homes and businesses annually under a long-term supply agreement.
Abu Dhabi Future Energy Company – Masdar, a global clean energy leader, on Monday announced financial close for the world's first gigascale 24/7 renewable energy project, marking a defining milestone in the commercialisation of the next generation of clean energy infrastructure.
The Saudi Power Procurement Company (Principal Buyer) has prequalified 27 leading developers including global utility majors EDF, Kepco and Marubeni as well as regional heavyweights Masdar and Acwa for its second group of Battery Energy Storage System (BESS) projects with a total capacity of 12,000 MWh.
EDF power solutions North America and Masdar, Abu Dhabi energy company, co-owners of the BigBeau Solar+Storage Project, have entered into 15-year power purchase agreements covering the output from the 128 megawatt (MWac) solar plant and its 40 MW/160 MWh battery energy storage system.
Masdar has broken ground on a 1GW wind farm in Kazakhstan’s Zhambyl region, including a 600MWh battery system. The $1.4 billon project will power 880,000 homes, cut 2.5 million tonnes of CO₂, and add 400km of transmission lines.
AD Ports Group, a leading global enabler of trade, industry, and logistics solutions, has signed a memorandum of understanding (MoU) with Dajin Heavy Industry Co, a leading offshore wind equipment manufacturer, to explore long-term cooperation across offshore wind supply chain development, maritime logistics, port infrastructure, and strategic vessel investments.
Spanish energy company Repsol and Abu Dhabi-based renewable energy developer Masdar have signed an agreement under which Masdar will acquire a 49.99% stake in a renewable energy portfolio in Spain.
Emirates Water and Electricity Company (Ewec) has entered into a strategic collaboration framework agreement with Abu Dhabi Future Energy Company (Masdar) to set up a roadmap for the accelerated deployment of utility-scale renewable energy projects.
