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Masdar and Endesa Achieve Financial Close for €368 Million Solar PV Portfolio, Expanding European Clean Energy Capabilities.
Masdar, a global clean energy leader, today announced the closing of its acquisition of a 49.99% stake in a €368 million portfolio comprising four operational solar PV plants from Enel Green Power España S.L., a subsidiary of Endesa S.A. (“Endesa”), a leading company in the Spanish electricity sector and a subsidiary of Enel Group.
Published on: 02 OCT 2025
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First wind turbine installed at Baltic Eagle offshore wind farm
The first of a total of fifty wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse.
Published on: 09 MAY 2024
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Zayed Future Energy Prize Announces Winners
His Highness said: “The Zayed Future Energy Prize has become a beacon of light, stimulating thinkers and creators while encouraging the world to accelerate innovation in renewable energy and sustainability. This Prize is a clear manifestation of the vision of the late founding father of the United Arab Emirates, Sheikh Zayed bin Sultan Al Nahyan - who placed a priority on investing in human capital and the preservation of our natural resources for generations to come.”
Published on: 16 JAN 2012
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Masdar launches ‘For A Sustainable Future’ campaign to celebrate 15 years as a global renewable energy leader
Masdar has launched the global brand campaign ‘For A Sustainable Future’ to reinforce the company’s leadership in renewable energy and sustainable technology, while highlighting the sustainable development goals of the United Arab Emirates.
Published on: 01 APR 2021
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Masdar Showcasing Renewable Energy Desalination Project in Drought-Stricken California
Next generation desalination technologies, powered by renewables, could be invaluable in meeting California’s water needs and help the drought ravaged state become more resilient, according to Masdar, a leading clean technology company based in Abu Dhabi, in the UAE. Masdar is attending the annual International Solar Desalination (IDA) World Congress in San Diego, where the company is leading several workshops during the six-day conference, which is expected to attract thousands of water technology professionals.
Published on: 31 AUG 2015
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Masdar signs landmark Power Purchase Agreement for 150MW Quipungo Solar PV project in Angola
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has signed a Power Purchase Agreement (PPA) for the 150-megawatt (MW) Quipungo Solar Photovoltaic project in Angola, marking Masdar’s first PPA in the country. The Quipungo project represents the first contracted site under Project Royal Sable, a planned 500MW renewable energy programme across three sites that will strengthen Angola’s southern power grid and support the country’s sustainable development objectives.
Published on: 11 JAN 2026
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UAE President attends opening ceremony for Abu Dhabi Sustainability Week 2025
President His Highness Sheikh Mohamed bin Zayed Al Nahyan today attended the official opening ceremony of the 2025 edition of Abu Dhabi Sustainability Week (ADSW).
Published on: 14 JAN 2025
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Dr. Sultan Al Jaber Unveils ‘World First’ 24/7 Renewables Project; Global Megatrends Call for New Path to Socioeconomic Progress
At the opening ceremony of Abu Dhabi Sustainability Week 2025 and the awards ceremony of the Zayed Sustainability Prize, HE Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Masdar Chairman, called for a new approach to unlock growth, drive sustainable economic progress and unleash unprecedented economic opportunity. At the first major international event of 2025, he noted that the world stands at a pivotal moment for progress driven by the global megatrends of emerging market growth, exponential rise of Artificial Intelligence and transformation of energy systems. Together these trends will require a diversity of energy sources to supercharge sustainable progress.
Published on: 14 JAN 2025
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Sultan bin Ahmed inaugurates Sharjah’s 1st solar plant ‘SANA’
His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, Chairman of the Sharjah Petroleum Department, and President of the Sharjah National Oil Corporation (SNOC), attended the opening of "SANA," the first solar power plant in Sharjah, on Wednesday morning. This new facility covers a large area of 850,000 square meters and can produce 60 megawatts of energy. It is located next to the Sajaa Gas Plant.
Published on: 26 JUN 2025
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Masdar and Iberdrola Announce €5.2bn UK Offshore Wind Deal and Full Energization of 476MW German Offshore Wind Farm
Masdar, a global clean energy leader, and Iberdrola, one of the world’s largest energy companies, have reached two major milestones with a €5.2 billion co-investment in the UK’s East Anglia THREE offshore wind farm – one of the largest offshore wind transactions of the decade – and the full energization of their 476MW Baltic Eagle project in Germany.
Published on: 10 JUL 2025
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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.
Published on: 25 JUL 2024
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Masdar to Acquire Saeta from Brookfield for $1.4 Billion
Abu Dhabi Future Energy Company PJSC - Masdar (“Masdar”), the UAE’s clean energy powerhouse, today announced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“Brookfield”), for an implied enterprise value of c. US$1.4 billion (€1.2 billion). Closing of the transaction is subject to customary approvals and is expected to occur around the end of 2024.
Published on: 24 SEP 2024
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UAE-France High-Level Business Council holds 2nd plenary meeting in Paris
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, and Patrick Pouyanné, Chairman and CEO of TotalEnergies, co-chaired, on Monday in Paris, the second plenary meeting of the UAE-France High-Level Business Council, in the presence of Bruno Le Maire, French Minister of Economy, Finance, and Industrial and Digital Sovereignty.
Published on: 19 FEB 2024
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Masdar finalizes joint investment in 3GW UK Offshore Wind Project
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 percent shareholding in the 3 gigawatt (GW) Dogger Bank South (DBS) project – one of the world’s largest planned offshore wind farms.
Published on: 29 FEB 2024
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EWEC Announces Partners to Develop 1.5 Gigawatt Solar Project in Abu Dhabi
EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, today announced the award for its 1.5 gigawatt (AC) Al Ajban Solar PV Independent Power Project.
Published on: 26 APR 2024
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Masdar Joins Forces with RWE in £11 billion Investment to Co-develop Massive 3GW Offshore Wind Projects in UK
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, is part of an £11billion investment into the UK’s renewable energy sector and is purchasing a 49 percent stake in RWE’s 3 gigawatt (GW) Dogger Bank South (DBS) projects - which form one of the world’s largest planned offshore wind farms. DBS is capable of powering millions of British homes, reducing emissions and creating up to 3,000 jobs. Closing of the transaction is subject to customary approvals and expected in the first quarter of 2024.
Published on: 01 DEC 2023
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Masdar and PLN Advance Plans to Develop World's Largest Floating Solar Plant in Indonesia
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has signed agreements to collaborate with Indonesia’s state-owned utility company, PLN, to move ahead with major development plans for Southeast Asia’s largest floating solar power plant and explore green hydrogen opportunities.
Published on: 03 DEC 2023
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UAE announces Net Zero by 2050 strategic initiative
The United Arab Emirates has announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to achieve net-zero emissions by 2050, making the UAE the first Middle East and North Africa (MENA) nation to do so.
Published on: 18 OCT 2021
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Masdar signs strategic agreement to develop solar projects in Republic of Iraq
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, announced that it signed a strategic agreement with the Republic of Iraq to develop solar photovoltaic (PV) projects in the country with a minimum total capacity of two gigawatts (GW).
Published on: 25 JUN 2021
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Masdar on track to become one of world’s largest renewable energy companies
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has announced that it has nearly doubled its clean energy capacity and CO2 displacement in the space of two years, and is on track to fulfill its ambition of becoming one of the world’s largest renewable energy companies by 2030.
Published on: 18 MAY 2023
