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.
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.
Masdar marks 20 years as a global renewable energy leader, becoming one of the world’s largest developers with over 65GW capacity and targeting 100GW by 2030.
ScottishPower and Masdar’s East Anglia THREE offshore windfarm has set a UK offshore wind record with the installation of its first turbine – the first in the UK to feature 115 metre blades, each one longer than a Premier League football pitch.
TotalEnergies and Masdar will form a $2.2 billion 50/50 joint venture merging onshore renewables across nine Asian countries, combining assets to reach 3 GW operational capacity and 6 GW in development by 2030.
Masdar and RWE signed a Memorandum of Understanding to advance renewables in Germany and Europe. They will jointly explore investments in battery energy storage systems (BESS), with Masdar potentially investing up to 1 GW in existing projects by 2030 and co-developing new projects up to 1 GW by 2035.
Exus Renewables, a global energy solutions provider with a strong presence across Europe and North America regions, has signed an agreement with Abu Dhabi clean energy leader Masdar to acquire a 60% stake in a portfolio of nine wind farms in Portugal.
Uzbekistan’s President Shavkat Mirziyoyev inaugurated the Nur Bukhara project, the nation’s first utility-scale solar and battery installation by Masdar, and also broke ground on Masdar’s 300 MW solar and 75 MWh storage project in Guzar during a ceremony in Tashkent.
Abu Dhabi’s Masdar has announced its first project in Malaysia, with the signing of a power purchase deal to build a 200MW floating solar plant in Pahang State. Once operational, the Chereh Dam facility will become the largest floating solar project in Southeast Asia.
