Tag: Masdar

Energy, Oil & Gas

Masdar, Octopus team up on clean energy in UK, Africa

Masdar, a clean energy leader, and Octopus Energy, an energy tech disruptor, have signed two Memoranda of Understanding (MOUs) for initiatives in the UK and Africa. Masdar and Octopus will look to work together to free up hidden capacity across the UK’s distribution network to power the next generation of data centres....

Energy, Oil & Gas

Masdar, ENGIE close financing on Abu Dhabi’s 1.5GW Khazna Solar Project

Abu Dhabi Future Energy Company– Masdar and ENGIE, a global leader in low-carbon energy solutions, have reached financial close for the 1.5 GW Khazna Solar Photovoltaic (PV) Independent Power Project. The project, scheduled to start commercial operation in 2028, will generate enough electricity to power approximately 160,000 homes....

Energy, Oil & Gas

Masdar, EPCG to explore JV for major renewable projects in Montenegro

Abu Dhabi Future Energy Company – Masdar, a global clean energy leader, and Elektroprivreda Crne Gore (EPCG), Montenegro’s national power utility, have agreed to explore a joint venture to develop large-scale renewable energy projects in Montenegro....

Energy, Oil & Gas

Masdar closes 300MW solar, 75MWh battery deal in Uzbekistan

Masdar, a clean energy leader, has reached financial close on a package worth more than $225 million for the Guzar 300-megawatt (MW) solar power plant and 75-megawatt-hour (MWh) battery energy storage system (BESS) in Kashkadarya, Uzbekistan....

Energy, Oil & Gas

Masdar reaches 65GW of renewable energy portfolio capacity

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....

Energy, Oil & Gas

Masdar to build SEA’s largest floating solar plant in Malaysia

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. ...

Energy, Oil & Gas

Masdar completes first project in $1.3bn UK battery storage investment

Abu Dhabi Future Energy Company – Masdar has announced the start of commercial operations at its battery energy storage system (BESS) facility in Stockport; the first project to be completed under Masdar’s £1 billion ($1.3 billion) commitment to invest in UK battery energy storage. ...

Energy, Oil & Gas

Uzbekistan launches first utility-scale solar and battery project

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....

Energy, Oil & Gas

Masdar consortium awards contract for 500MW Oman solar project

A consortium led by Abu Dhabi group Masdar has signed up China's CPECC for the development of Ibri III solar storage project in Oman being set up at an investment of $299 million. Once operational, it will boast a 500MW solar storage capacity. ...

Energy, Oil & Gas

AD Ports, Masdar to partner on offshore wind projects

AD Ports Group, a global enabler of integrated trade, transport, industry, and logistics solutions, and Abu Dhabi Future Energy Company (Masdar), a global clean energy leader, have signed a partnership agreement to collaborate on the development and delivery of offshore wind projects. ...

Energy, Oil & Gas

Terra-Gen commissions Monte Cristo I Windpower project

Terra-Gen, one of the largest independent, integrated renewable energy producers in the US, jointly owned by Masdar and Igneo Infrastructure Partners, announced the commissioning of the Monte Cristo I Windpower Project....

Energy, Oil & Gas

RIQ, Masdar join forces to boost risk transfer for clean energy projects

RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of IHC, has signed an agreement with Abu Dhabi-based Masdar to design tailored capital efficient reinsurance solutions for renewable energy infrastructure....

Energy, Oil & Gas

Masdar inks deal for Uzbekistan’s largest standalone BESS project

Masdar, Abu Dhabi Future Energy Company, has signed a Battery Storage Service Agreement with JSC Uzenergosotish, Uzbekistan’s state-owned joint-stock company, to develop the nation’s largest standalone battery energy storage (BESS) project....