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.
Sungrow, a leading PV inverter and energy storage system (ESS) provider, and Masdar, a global clean energy leader, have signed an agreement for the supply of energy storage system and PV inverter solutions for the UAE's world-first gigascale round-the-clock renewable energy project (RTC).
Two major wind far projects being developed by a joint venture between RWE and Abu Dhabi Future Energy Company (Masdar) off the northeast coast of England have won the Development Consent Order.
The installed renewable energy capacity has exceeded 7.7 gigawatts (GW), with projects under development expected to raise total capacity to more than 23 GW by 2031, a WAM news agency report said.
Masdar, Abu Dhabi energy company, and Elektroprivreda Crne Gore (EPCG), Montenegro’s national power utility, have agreed to form a 50/50 joint venture (JV) to develop large-scale renewable energy projects in Montenegro.
