The plant is located in Third Jeddah Industrial City, 50 kilometers southeast of Jeddah. RIYADH: A consortium led by Abu Dhabi’s Masdar has started construction of a solar power plant in Jeddah, after reaching financial close on the project. The consortium, which includes France’s EDF Renewables and Saudi Arabia-based Nesma Co., announced it will start […]
UAE’s Masdar inks deal for mega solar power project in Azerbaijan
The 230-megawatt project is Azerbaijan’s first foreign investment-based independent solar project structured as a public-private partnership. UAE’s Masdar has signed agreements to develop a utility-scale solar photovoltaic (PV) project in the Republic of Azerbaijan. The plant is expected to start commercial operations in early 2023. The 230-megawatt (MWac) project is the country’s first foreign investment-based […]
Masdar breaks ground on wind farm project in Uzbekistan
Masdar signed an agreement with Uzbekistan govt to extend the capacity of its utility-scale wind farm project to 1.5GW Masdar has signed an Implementation Agreement with the Government of the Republic of Uzbekistan to extend the capacity of its utility-scale wind farm project – the first such project in Uzbekistan – to up to 1.5 […]
Masdar and Ethiopia sign agreement to develop 500MW of solar
Ethiopia’s Finance Minister Ahmed Shide and Masdar CEO Mohamed Jameel Al Ramahi. Abu Dhabi-based renewables company Masdar is continuing its international expansion with new plans to develop 500MW of solar in Ethiopia through a partnership with the country’s government. The company signed a memorandum of understanding that is said to include the development, construction, and […]
UAE’s Masdar commits to support Ethiopia’s solar energy plans
Additional plans call for the signing of power purchase agreements ABU DHABI– Masdar and the Government of Ethiopia, are exploring the development of solar power projects with a total capacity of 500 megawatts (MW), along with the related grid infrastructure across Ethiopia. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Ahmed Shide, Ethiopia’s […]
UAE’s Masdar, Malaysia’s PETRONAS sign deal to explore renewable energy opportunities
Apart from Malaysia, the companies are also interested in countries in the region that have pledged to accelerate the development of renewable energy Masdar, one of the world’s leading renewable energy companies and Malaysia’s PETRONAS, a global energy and solutions company, have signed a Memorandum of Understanding (MoU) to explore renewable energy opportunities across Asia […]
UAE’s Masdar inks Petronas deal for Asia renewables push
Abu Dhabi-based clean energy major to explore renewable energy opportunities across Asia and beyond Masdar, the Abu Dhabi clean energy major, and Petronas have signed a memorandum of understanding (MoU) to explore renewable energy opportunities across Asia and beyond. The two companies have agreed to explore joint participation in a range of areas, with a […]
Masdar to pursue large-scale PV projects in Asia through deal with Petronas
Masdar has signed an agreement with Malaysian state-owned energy firm Petronas to explore the development of large-scale solar projects in Asia and the Middle East. A new memorandum of understanding will see the two companies work together to participate in solar and wind opportunities for utilities as well as commercial and industrial customers, with a […]
UAE solar capacity to increase fourfold by end of 2025 thanks to ‘robust’ development pipeline
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 […]
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 […]