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Masdar’s Capacity Up By 150% to Over 50GW In Two Years Cementing Place as Global Clean Energy Leader
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader – has announced that it has significantly increased its overall renewable energy capacity by 150 percent to 51GW by the end of 2024, up from 20GW in 2022.
Published on: 15 JAN 2025
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UAE President witnesses launch of world's first 24/7 Solar PV, Battery Storage gigascale project to be built in Abu Dhabi
In the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Abu Dhabi Future Energy Company PJSC – Masdar and Emirates Water and Electricity Company (EWEC) today announced the launch of the world’s first large-scale ‘round the clock’ gigascale project, combining solar power and battery storage in Abu Dhabi.
Published on: 14 JAN 2025
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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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Masdar Awarded 1,400MW Najran and 600MW Jizan Solar Projects in Saudi Arabia to Support Kingdom’s Clean Energy Goals
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, announced today it has been awarded two solar photovoltaic (PV) projects, with a combined capacity of 2 gigawatts (GW), under the sixth round of bidding in the Kingdom of Saudi Arabia's National Renewable Energy Program (NREP).
Published on: 28 OCT 2025
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EWEC Announces Partners to Develop 1.5GW Khazna Solar Photovoltaic Project in Abu Dhabi
EWEC (Emirates Water and Electricity Company), a leading company in the integrated planning, purchasing, supply, and system despatch services of water and electricity across the UAE, today announced the award for its new 1.5 gigawatt (GW) (AC) Khazna Solar Photovoltaic (PV) Independent Power Project.
Published on: 10 OCT 2025
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Masdar Advances Floating Solar Leadership with New Indonesia Agreements
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, and PT PLN (Persero), Indonesia’s state-owned electricity company, have signed two agreements that will advance the development of floating solar power projects in Southeast Asia’s largest energy market.
Published on: 11 APR 2025
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Masdar Cements Major European Expansion with Completion of 100% Acquisition of TERNA ENERGY
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader and one of the world’s fastest-growing renewable energy companies, announced today that it holds 100 percent of Greece’s TERNA ENERGY SA, following the successful completion of an all-cash mandatory tender offer (MTO) and squeeze-out process for the remaining 30 percent shares of the company at a price of 20 euros per share.
Published on: 10 APR 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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Tadweer Group Acquires Waste-to-Energy Stake from Masdar, Entering Joint Venture with BEEAH
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, today announced the divestment of its stake, subject to customary closing conditions, in the Sharjah Waste-to-Energy plant to Tadweer Group, a leader in unlocking the value of waste. The move also brings Tadweer Group together with BEEAH, the region’s sustainability and innovation pioneer, as joint venture partners in the Emirates Waste-to-Energy company, which owns and operates the Sharjah Waste-to-Energy plant.
Published on: 16 JUL 2025
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Masdar and Iberdrola Achieve Financial Close for €5.2 billion East Anglia THREE Offshore Wind Project
Masdar, a global clean energy leader, and Iberdrola, one of the world’s largest energy companies, today announced they have reached financial close for the 1.4-gigawatt (GW) East Anglia THREE offshore windfarm, in one of the biggest offshore wind transactions this decade.
Published on: 24 JUL 2025
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Masdar Hosts European Business Partners and Executives in Madrid to Accelerate Advanced Energy Partnerships
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader – convened an exclusive, high-level business forum in Madrid to strengthen partnerships and position the company for its next phase of growth in the Iberian market.
Published on: 10 JUL 2025
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Emerge and Emirates Development Bank to Collaborate on Developing and Financing Solar Projects in UAE
Emerge, a joint venture between Masdar and the EDF Group, and Emirates Development Bank (EDB), the UAE’s key financial engine for economic diversification and industrial transformation, have signed an agreement to explore areas of collaboration in developing and financing distributed solar projects in the UAE.
Published on: 07 AUG 2025
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MAADEN BAUXITE AND ALUMINA COMPANY SIGNS DEAL WITH EMERGE TO SUPPLY RENEWABLE ENERGY AT AL BAITHA BAUXITE MINE
Maaden Bauxite and Alumina Company (MBAC), a subsidiary of Maaden (Saudi Arabian Mining Company), one of the world’s fastest-growing mining companies, has signed a Power Purchase Agreement (PPA) with Emerge, a joint venture between Masdar, a global clean energy leader, and EDF power solutions, a leader in low-carbon innovative solutions.
Published on: 27 AUG 2025
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Masdar and Consortium Partners Achieve Financial Close for 2GW Al Sadawi Solar Project in Saudi Arabia
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and consortium partners GD Power and Korea Electric Power Corporation announced today they have reached financial close for the 2-gigawatt (GW) Al Sadawi solar photovoltaic (PV) project, a landmark project under the National Renewable Energy Program (NREP) which is led and supervised by the Ministry of Energy.
Published on: 19 AUG 2025
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Terra-Gen Expands Clean Energy Portfolio with Commissioning of Monte Cristo I Windpower Project in Texas
Terra-Gen, one of the largest independent, integrated renewable energy producers in the United States, jointly owned by Masdar and Igneo Infrastructure Partners, announced today the commissioning of the Monte Cristo I Windpower Project.
Published on: 14 NOV 2025
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OMV and Masdar sign binding agreement to develop and operate new 140 MW green hydrogen plant in Austria
OMV, Austria’s integrated energy, fuels and chemicals company, and Masdar, a global clean energy leader, have signed a binding agreement to establish a joint venture (JV) for the financing, construction and operation of the 140 MW green hydrogen electrolyzer plant in Bruck an der Leitha, Austria.
Published on: 06 NOV 2025
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ADNOC, Masdar, XRG and Microsoft to Advance AI for Energy and Energy for AI
ADNOC, Masdar, XRG, and Microsoft today announced a strategic agreement to accelerate artificial intelligence (AI) deployment across ADNOC’s value chain, and to deliver energy solutions for Microsoft’s global AI and data center growth. The collaboration was announced at the ENACT Majlis in Abu Dhabi, ahead of ADIPEC.
Published on: 02 NOV 2025
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In the presence of Ras Al Khaimah Crown Prince, RAKEZ and Emerge join forces to advance clean energy solutions in Ras Al Khaimah
In the presence of His Highness Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah, Ras Al Khaimah Economic Zone (RAKEZ) and Emerge — a joint venture between Masdar and EDF power solutions — signed a Memorandum of Understanding (MoU) during the second edition of Ras Al Khaimah Investment Summit (RAKIS), held in the emirate. The collaboration aims to advance renewable energy solutions within the RAKEZ ecosystem and accelerate the adoption of clean technologies and sustainable practices across the Ras Al Khaimah’s industrial and business sectors.
Published on: 19 NOV 2025
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Emerge Signs Agreement with Tawazun Industrial Park for 13.25MWp solar PV plant
Emerge, a joint venture between Masdar and the EDF Group, has signed an agreement to install a 13.25MWp solar PV plant for Tawazun Industrial Park (TIP), the Middle East’s destination of choice for leading global, regional and local companies in the defense, security, aerospace and other strategic manufacturing sectors.
Published on: 19 FEB 2025
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Masdar, TAQA, and Eni Sign Agreement to Support the Tripartite Initiative
In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and Her Excellency Giorgia Meloni, Prime Minister of Italy, Abu Dhabi Future Energy Company PJSC – Masdar today signed an agreement with TAQA Transmission, part of TAQA Group, and Eni S.p.A., marking a significant step in progressing the tripartite strategic partnership framework between the UAE, Italy, and Albania.
Published on: 25 FEB 2025
