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Emerge and Misk City Sign Landmark Solar Agreement to Power Vision for a Green Urban Future
Emerge, the energy solutions joint venture between Masdar and EDF power solutions, has signed a long-term solar energy agreement with Misk City to deliver sustainable electricity over the next 20 years – marking a milestone in the City’s journey to becoming a model of environmental innovation and green urbanism.
Published on: 28 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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Masdar’s Annual Sustainability Report Highlights Company’s Increasing Global Impact with Record 62% Capacity Growth in Single Year
Abu Dhabi Future Energy Company PJSC – Masdar, has released its 12th Annual Sustainability Report which highlights how the company strengthened its position as a global clean energy leader last year, delivering record portfolio capacity growth and increasing its global footprint through major acquisitions in Europe and the United States.
Published on: 20 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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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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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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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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Nahdi and Emerge Partner to Power IMDAD with Rooftop Solar in Support of Saudi Vision 2030 Renewable Energy and Sustainability Goals
In line with the ambitious sustainability targets of Saudi Vision 2030 and contributing actively to the goals of the Saudi Green Initiative, Nahdi Medical Company, the largest retail pharmacy chain in Saudi Arabia, has announced a new partnership with Emerge, a joint venture between Masdar and the EDF Group. The partnership aims to develop a 3 megawatt-peak (MWp) rooftop solar installation to power IMDAD, Nahdi’s Distribution Center.
Published on: 12 MAY 2025
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Saeta Yield Closes €340 million Refinancing in Portugal and Secures €200 Million Corporate Credit Facility to Fund Next Phase of Growth
Saeta Yield, a Masdar company, today announced it has successfully closed the €340 million refinancing of clean energy assets in Portugal, and has secured a €200 million RCF in Spain, as it looks to grow its project footprint and execute its expansion strategy.
Published on: 18 DEC 2025
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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
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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.
Published on: 10 JUL 2024
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Masdar's Garadagh solar plant ignites inspiration and innovation in Azerbaijan
For Rajab Huseynli and his proud farming family in the Gobustan area of Azerbaijan, “Energy is everything.” When he saw the Garadagh solar PV plant that Masdar developed in partnership with the Republic of Azerbaijan, the project “inspired us to do something important for our world,” Huseynli says.
Published on: 29 AUG 2024
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EDF Renewables, Korea Western Power Co (KOWEPO) and Masdar announce Financial Close of Al Ajban Solar PV project in Abu Dhabi, one of the World’s Largest Solar Power Plants launched by EWEC
The project company, led by EDF Renewables and Korea Western Power (KOWEPO), alongside their partner Abu Dhabi Future Energy Company PJSC – Masdar, announced today the successful financial closing of the 1.5 gigawatt (GW) AC Al Ajban Solar Photovoltaic (PV) Independent Power Producer (IPP) project in the Emirate of Abu Dhabi.
Published on: 17 SEP 2024
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DEWA and Masdar reach financial closing on 1800MW 6th phase of Mohammed bin Rashid Al Maktoum Solar Park
Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Future Energy Company (Masdar), announced the financial closing of the 1800-megawatt sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. The solar park’s capacity will exceed 5,000 megawatt by 2030, with investments totalling approximately AED 50 billion. This is a new milestone in promoting the use of clean and renewable energy in the UAE.
Published on: 21 FEB 2024
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UAE Ministry of Defence and Masdar Sign Partnership Agreement to Develop Multi-Solar Plants Across Abu Dhabi
The UAE Ministry of Defence and Abu Dhabi Future Energy Company PJSC – Masdar, have signed a Partnership Agreement to develop multi-solar plants across Abu Dhabi.
Published on: 07 MAR 2024
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Masdar to explore the development of large-scale pumped storage hydro in Uzbekistan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with JSC Uzbekhydroenergo, Uzbekistan’s state-owned hydroelectric power producer, to assess the feasibility of several pumped storage hydro projects in the country.
Published on: 15 MAR 2024
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Masdar, SOCAR Green and ACWA Power Sign MoU to Explore the Development of 3.5GW of Offshore Wind Projects in the Republic of Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU) with SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, and Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, to develop 3.5 gigawatts (GW) of offshore wind projects in the Azerbaijan section of the Caspian Sea.
Published on: 14 NOV 2024
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Masdar and SOCAR Green Achieve Financial Close for 760MW of Solar Projects in Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, have reached financial close for the 445MW Bilasuvar and 315MW Neftchala solar projects in Azerbaijan.
Published on: 17 NOV 2024
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Masdar and Infinity Power sign agreement for 200MW wind farm in Ras Ghareb
The UAE’s clean energy powerhouse, Masdar, and Infinity Power, have officially signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) to deliver a long-term supply of renewable energy generated by a landmark onshore wind project, located in Ras Ghareb, Gulf of Suez region.
Published on: 19 AUG 2024
