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Masdar and consortium partners achieve financial close for Oman’s first Utility-scale solar and battery storage project
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and consortium partners Al Khadra Partners, Korea Midland Power Co. Ltd (KOMIPO), and OQ Alternative Energy (OQAE), have reached financial close for the Ibri III Solar Independent Power Project, the first utility-scale solar and battery storage project in the Sultanate of Oman.
Published on: 16 JAN 2026
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Partnerships
Masdar's partnerships with leading energy companies in the UAE & abroad allow us to deliver world-class, commercially viable renewable energy projects.
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Photovoltaic Power
Blessed with abundant sunshine the UAE has made the most of solar power. Since 2006, Masdar has pioneered life-changing utility-scale and off-grid solar projects around the world.
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Concentrated Solar Power
Concentrated Solar Power (CSP) systems are considered a promising technology for large-scale power generation. Masdar has invested in and developed several different types of CSP projects.
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Waste-to-Energy
With the development of waste-to-energy projects, Masdar is helping to tackle the issue of waste management.
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Energy storage
Masdar is committed to developing and deploying energy storage solutions to create a more flexible grid system.
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IAmWiSER
This global campaign encouraged policymakers, industry leaders and the public to take the #IAmWiSER pledge to champion women as agents of sustainable change. The campaign was launched in October 2022 with the endorsement of women globally recognized for leading sustainability at the highest levels of UAE government, multinational corporations, and the United Nations.
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Take The Pledge
Join Masdar in pledging your commitment to building an inclusive, sustainable future.
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WiSER Cares
WiSER Cares is an initiative launched to engage women enrolled on the WiSER Pioneers Program in an active learning experience and a multidisciplinary approach focused on promoting community development through cultural exchange.
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WiSER Mentorship Program
The WiSER Mentorship Program is open to women enrolled in the WiSER Pioneers Program. Its purpose is to aid career progression by providing one-to-one mentoring sessions with senior industry figures.
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WiSER Pioneers Program
The WiSER Pioneers Program is a year-long program offering young women aged 25 to 35 access to bespoke educational workshops and global networking opportunities with industry experts, creating leaders with an entrepreneurial mindset who are prepared to shape a more sustainable world.
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Al Wadi Al Jadeed Solar PV Plants
In support of government efforts to unlock the agricultural potential of the Al Wadi Al Jadeed Governorate, Masdar worked closely with Egyptian authorities to identify three sites in the governorate for new solar power plants
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Krnovo Wind Farm
The 72-megawatt (MW) onshore wind farm is Montenegro’s first wind farm and one of the largest in the region.
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Kiribati 500kW Solar PV Water Protection
The UAE-PPF project is helping to meet the needs of 17% of Kiribati’s population who live off-grid
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FSM Solar in Pohnpei
This project features solar PV systems on 11 government buildings. With a total installed capacity of 2.3MWp, it reduces annual diesel fuel consumption by 1.22 million liters and mitigates 3,220 tonnes of CO2 emissions annually.
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Ile de Romainville Solar Park
Romainville Solar Park is a 5-megawatt (MW) solar photovoltaic (PV) power plant with battery storage in the Re¬public of Seychelles.
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Dudgeon Offshore Wind Farm
Located 32 kilometres off the coast of North Norfolk, in East Anglia, Dudgeon is one of Masdar’s current investments in the UK’s renewable energy sector.
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The Sheikh Zayed Solar Power Plant
The Sheikh Zayed Solar Power Plant is a 15-megawatt photovoltaic facility in Nouakchott, the capital of the Islamic Republic of Mauritania. It was one of the largest solar power installations in Africa when completed and is the first such utility-scale installation in the country.
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Vanuatu Port Vila 767kW Solar PV
Port Vila, the capital city of the island state of Vanuatu, has a population of 44,000, of which only 27% have access to electricity
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Siwa Solar PV Plant
Masdar’s 10 megawatt solar photovoltaic (PV) power plant in Siwa was the largest solar power installation in Egypt at the time of its completion in March 2015. The project is the first utility-scale solar power installation in the Arab Republic of Egypt and accounts for 30% of the grid capacity of Siwa City and its adjoining areas.
