The United Arab Emirates (UAE) is capable of reaching its renewable energy targets thanks to a “robust” development pipeline of solar projects, new research from Rystad Energy suggests. Installed solar PV is expected to increase fourfold from now to the end of 2025, increasing from its 2.1GW level to reach 8.5GW, when it will represent […]
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Masdar, Taaleri SolarWind II Fund acquire two wind farms in Poland
ABU DHABI : Masdar, one of the world’s leading renewable energy companies, and Taaleri SolarWind II Fund, which invests in utility-scale wind and solar assets, have together acquired 50:50 stakes in two wind farms in Poland. The 37.4 megawatt (MW) Mlawa Wind Farm is located in Mazowieckie in northern Poland and the 14 MW Grajewo […]
Masdar marks financial close on 100MW Uzbekistan solar project
The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar programme Masdar, a subsidiary of Mubadala Investment Company has announced the financial closing of the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. Loan and guarantee agreements to finance the 100MW photovoltaic plant […]
Masdar and PT PJBI form joint venture to drive development of Indonesia’s first floating solar power plant
PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE) formed to develop Cirata Floating Photovoltaic Power Plant in West Java region – 145-megawatt (ac) plant designated as National Strategic Project by Indonesian government, recognizing its economic and social benefits to nation ABU DHABI, UAE : Masdar, one of the world’s leading renewable energy companies, and PT […]
UAE clean energy firm Masdar may invest in renewables in Israel: CEO
Dubai — UAE clean energy firm Masdar may invest in renewable projects in Israel, its CEO said Oct. 19, as the Gulf country seeks to expand its commercial ties with its partners in a peace agreement. “If the opportunity is there in Israel, we will jump into this opportunity,” Mohamed al-Ramahi told the Siemens Energy […]
Masdar scoops 64MW Egypt solar
Abu Dhabi outfit and Ib Vogt also ink agreements of intent concerning three more PV parks also located in Benban Abu Dhabi-based Masdar has acquired the 64MW Infinity 50 photovoltaic plant in Egypt from German renewables developer Ib Vogt. The companies have also signed agreements of intent concerning the purchase of Ib Vogt’s shareholdings in […]
Abu Dhabi’s Masdar to boost its renewable capacity on new projects- CEO
Masdar, a developer and operator of utility-scale renewable energy projects, is eyeing new projects in Saudi Arabia, the United States as well as in eastern and central Europe and southeast Asia, said Mohamed Jameel al-Ramahi DUBAI: Abu Dhabi Future Energy Company (Masdar) plans to boost its renewable energy capacity to 8 gigawatts (GW) before the […]
Masdar and PLN enter partnership to develop first floating solar power plant in Indonesia
Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Dr Sultan bin Ahmad Al Jaber, UAE Minister of State and Chairman of Masdar, and Zulkifli Zaini, […]
Masdar And EDF to establish energy services company
ABU DHABI: Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and EDF Group, low-carbon electricity leader, have signed an agreement to establish a joint venture company dedicated to energy efficiency and distributed solar power generation projects. The agreement was signed by Mohamed Jameel Al Ramahi, Chief Executive […]
Investing in renewables for a long-term impact
Early-stage investments in clean energy made more than a decade ago has given Masdar a head start in a fast-growing sector At the opening of this year’s Abu Dhabi Sustainability Week, it was humbling to see such a diverse, global group taking part. Abu Dhabi, under the leadership of Sheikh Mohamed bin Zayed, Crown Prince […]