Latest News - Projects

Masdar and Silk Road Fund Sign Co-investment Agreement for Renewable Energy Projects

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and China’s Silk Road Fund (SRF) have signed a Memorandum of Understanding (MoU) to explore potential co-investment opportunities in renewable energy projects in Belt and Road Initiative (BRI) countries, primarily in the developing world and global south.

22 NOV 2024
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150
Projects

Masdar and KESH Sign Agreement to Explore Renewable Energy Joint Venture in Albania

Abu Dhabi Future Energy Company PJSC (Masdar) and Korporata Elektroenergjitike Shqiptare (KESH) – Albania Power Corporation - have signed a joint venture term sheet agreement to explore the development of gigawatt-scale renewable projects in Albania.

13 NOV 2024
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150
Renewable Energy

EDF Group and Masdar-Led Consortium Achieves Financial Close on its Multi-Utilities Infrastructure Facility at AMAALA Tourism Destination In KSA

The consortium led by EDF Group and Masdar, alongside their partners Korea East-West Power Co. (EWP) and SUEZ, announced today that it has reached the financial close for its multi-utilities infrastructure facility at AMAALA. The overall project build cost is approximately 1.5 billion USD. Developed by Red Sea Global, AMAALA is a new destination with wellness at its core, nestled along the Red Sea coast of the Kingdom of Saudi Arabia and expected to start welcoming guests in 2025.

31 OCT 2024
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150
Projects

Masdar Signs Agreements With Norwegian Partners To Explore Renewable and Green Hydrogen Opportunities

Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates’ clean energy powerhouse, has signed agreements with three Norwegian companies that reinforce its longstanding collaborations with the Nordic country.

08 OCT 2024
4
172
Projects

Masdar and Taaleri Reach Financial Close on Serbia 154MW Čibuk 2 Wind Farm

The financial close agreement was signed at a special ceremony on the sidelines of RES Serbia 2024 in the presence of Serbia’s Minister of Mining and Energy, Dubravka Djedović Handanović, Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, Taaleri’s Group CEO, Peter Ramsay and Taaleri Energia Managing Director, Kai Rintala.

23 SEP 2024
190
Projects

Masdar and TotalEnergies to Develop a Commercial Green Hydrogen to Methanol to SAF project in Abu Dhabi

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with TotalEnergies to assess the viability of developing a commercial green hydrogen to methanol to SAF (Sustainable Aviation Fuel) project.

01 AUG 2024
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150
Green Hydrogen

Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain

Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has reached an agreement with Endesa S.A. (“Endesa”) to become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditions.

25 JUL 2024
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150
Renewable Energy

Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, today announced it has successfully raised USD1 billion through its second green bond issuance, under its Green Finance Framework. The announcement comes one year after the company’s first successful issuance of USD750 million on the International Securities Market of the London Stock Exchange.

19 JUL 2024
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150
Renewables

RWE and Masdar’s 3-gigawatt Dogger Bank South Offshore Wind Farms Reach Key Development Milestone

RWE and Masdar have achieved a key milestone for the DBS (Dogger Bank South) Offshore Wind Farms as the Development Consent Order (DCO) application has been accepted into the UK Planning Inspectorate examination phase.

10 JUL 2024
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150
Wind

SNOC and Emerge Break Ground on Largest Solar Plant in Sharjah

The Emirate of Sharjah oil and gas industry leader, Sharjah National Oil Corporation (SNOC), and Emerge Limited, a joint venture between Masdar and the EDF Group, celebrated a significant milestone today with the groundbreaking ceremony for the largest solar installation in Sharjah to date.

08 JUL 2024
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150
Solar
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