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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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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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Masdar Signs Landmark Agreement for Uzbekistan’s Largest Standalone Battery Energy Storage Project
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has signed a Battery Storage Service Agreement with JSC Uzenergosotish, Uzbekistan’s state-owned joint-stock company, to develop the nation’s largest standalone battery energy storage (BESS) project.
Published on: 11 NOV 2025
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Masdar’s Youth 4 Sustainability Initiative Wins Prestigious Energy Heroes Award 2025
Masdar’s Youth 4 Sustainability (Y4S) initiative, has been named ‘Innovator of the Year’ for Middle East and North Africa region in the Energy Heroes Awards 2025, recognizing its leadership in empowering the next generation of sustainability champions.
Published on: 19 MAR 2025
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Intesa Sanpaolo and Masdar Ink Agreement for Financial Advisory Services
On the sidelines of UAE President, His Highness, Sheikh Mohamed bin Zayed Al Nahyan’s visit to Italy, leading banking group Intesa Sanpaolo and the UAE’s flagship energy company Masdar, one of the fastest-growing renewable energy companies in the world, signed an agreement for financial advisory services.
Published on: 24 FEB 2025
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Masdar to Expand Endesa Partnership in €368 Million Renewable Energy Transaction, Strengthening Presence on Iberian Peninsula
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, announced today an agreement with Endesa S.A. to acquire a 49.99 percent stake in four solar plants in Spain, with a total capacity of 446 megawatts (MW). The transaction, which is subject to regulatory approvals and other conditions, would see Masdar invest €184 million for the stake in the assets, which have an enterprise value of €368 million.
Published on: 24 MAR 2025
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Masdar Completes the Acquisition of Valle Solar, One of the Largest Solar Projects in Spain’s Valencia Region
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today the investment through its subsidiary Saeta of one of the largest solar PV projects in Spain’s Valencia region, Valle Solar. This landmark project, initially promoted by the joint venture of Genia Solar Energy and Solar Ventures, is the next step in Masdar's commitment to expansion in Spain, driving growth across the renewable energy sector.
Published on: 27 MAR 2025
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Emerge Partners with Saudi Arabia’s Tanmiah Food Company to Advance Energy Transformation
Tanmiah Food Company, one of the Middle East’s leading providers of fresh poultry, processed proteins, animal feed, health products, and a restaurant operator, is pleased to announce a new partnership with Emerge, a joint venture between Masdar and the EDF Group.
Published on: 23 MAR 2025
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Alandalus Property Company Partners with Emerge to Advance Solar Power Initiatives
Alandalus Property Company has signed an agreement with Emerge, a leading renewable energy solutions provider and joint venture between Masdar and EDF Group, to provide solar power to three of its major commercial properties in Riyadh and Jeddah.
Published on: 04 MAR 2025
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Nama Power and Water Procurement Signs Agreement with Masdar-led Consortium and OQAE for Oman’s First Utility-Scale Solar and Battery Storage Project
Nama Power and Water Procurement (PWP) has signed an agreement for the development of the Sultanate of Oman’s first utility-scale solar and battery storage project with the consortium of Abu Dhabi Future Energy Company PJSC – Masdar, Al Khadra Partners, Korea Midland Power Co.
Published on: 22 SEP 2025
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Emerge and Turbotim Sign Agreement to Deploy Solar and Battery Energy Storage Systems in Ras Al Khaimah
Emerge, a joint venture between Masdar and the EDF Group, and Turbotim, a UAE-based energy solutions company, have signed an agreement during the Make it in the Emirates Forum to develop a new solar and battery energy storage project at Turbotim’s facilities in Ras Al Khaimah.
Published on: 22 MAY 2025
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Crown Prince of Abu Dhabi and President of Kazakhstan Witness Masdar Agreement to Develop Renewable Energy Projects
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, and His Excellency Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, witnessed a collaboration agreement between Abu Dhabi Future Energy Company PJSC – Masdar and Samruk-Kazyna JSC, related to the development of renewable energy and battery energy storage system (BESS) projects in Kazakhstan.
Published on: 13 MAY 2025
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EMSTEEL Strengthens Sustainability Commitment as Associate Partner of Abu Dhabi Sustainability Week
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable progress, announced today that EMSTEEL, the UAE’s largest steel and building materials manufacturer, has agreed to support ADSW as Associate Partner.
Published on: 23 DEC 2025
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Masdar Completes First Project in £1 Billion UK Battery Storage Investment and Announces New Projects in Pipeline
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced the start of commercial operations at its battery energy storage system (BESS) facility in Stockport; the first project to be completed under Masdar’s £1 billion commitment to invest in UK battery energy storage. The company will also develop two new BESS projects, in Cardiff and Chesterfield.
Published on: 17 DEC 2025
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Masdar Expands Solar and Wind Portfolio in Europe | Two Landmark Acquisitions Closed in Iberian Peninsula
Masdar, the UAE’s clean energy leader, has significantly expanded its portfolio in Europe, completing two landmark acquisitions in the Iberian Peninsula to advance its ambitious growth plans.
Published on: 23 DEC 2024
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Innovative approach enables Sheringham Shoal and Dudgeon Extension Projects to progress as a joint development
Partners have agreed to bring the two projects under a joint ownership structure in one legal entity, subject to regulatory approvals being obtained before closing. The projects are extensions to the operational Sheringham Shoal and Dudgeon Offshore Wind Farms, which currently power around 710,000 UK homes.
Published on: 17 DEC 2024
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Masdar Closes Saeta Acquisition to Strengthen Footprint in Iberian Peninsula
Masdar, the UAE’s clean energy leader, has completed the 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 1.2 billion euros (equity value of 696 million euros).
Published on: 20 DEC 2024
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bp Joins Forces with Masdar, Hassan Allam Utilities and Infinity Power to Explore Green Hydrogen Development in Egypt
bp has entered into a Joint Development Agreement (JDA) to join the existing consortium comprising of Masdar, Hassan Allam Utilities and Infinity Power to explore the potential development of a multi-phase green hydrogen (gH2) project in Egypt.
Published on: 01 JUL 2024