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EDF Renewables North America and Masdar Sign Power Purchase Agreement with Soluna Holdings
Las Majadas wind project will supply clean power to co-located data center; Agreement provides an innovative solution to capture under-utilized electricity from wind farm.
Published on: 04 MAR 2025
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Cirata Floating Photovoltaic FPV Plant
In January 2020, Masdar signed a power purchase agreement (PPA) with PT PLN Nusantara Renewables, a subsidiary of PT Perusahaan Listrik Negara (Persero) (PLN), the state-owned electricity company in Indonesia. The agreement was to build Southeast Asia’s largest floating solar power plant.
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Pertamina Geothermal Energy
Masdar entered the geothermal market in February 2023 by investing in one of the world’s largest geothermal players, Pertamina Geothermal Energy. The geothermal plants generate 4.8TWh geothermal energy with 3,915,000 tons of carbnon dioxide avoided each year.
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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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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 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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Masdar Accelerates U.S. Renewables Expansion Closes Acquisition of 50% Stake in Terra-Gen
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced the closing of its acquisition of a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen” or “the Company”), one of the largest independent renewable energy producers in the United States, from Energy Capital Partners (“ECP”).
Published on: 01 OCT 2024
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Masdar Drives New Era of Growth for TERNA ENERGY as Greece’s Largest Renewables Company Delists from ATHEX
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, announced today its subsidiary TERNA ENERGY has completed its delisting from the Athens Stock Exchange, following Masdar’s acquisition of 100 percent of the company’s stock last month.
Published on: 02 MAY 2025
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Masdar’s annual Sustainability Report reveals global portfolio and advanced pipeline capacity grew 58% in 2023
Masdar’s clean energy capacity rose from 20GW in 2022 to 31.5GW in 2023, with operational projects generating 26,702GWh of power, avoiding 14 million tonnes of CO2e
Published on: 04 OCT 2024
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Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, today announced it has successfully raised USD1 billion through its second green bond issuance, under its Green Finance Framework. The announcement comes one year after the company’s first successful issuance of USD750 million on the International Securities Market of the London Stock Exchange.
Published on: 19 JUL 2024
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Masdar and Taaleri Reach Financial Close on Serbia 154MW Čibuk 2 Wind Farm
The financial close agreement was signed at a special ceremony on the sidelines of RES Serbia 2024 in the presence of Serbia’s Minister of Mining and Energy, Dubravka Djedović Handanović, Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, Taaleri’s Group CEO, Peter Ramsay and Taaleri Energia Managing Director, Kai Rintala.
Published on: 23 SEP 2024
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Former UK Prime Minister Rt Hon Boris Johnson and global adventurer Bertrand Piccard to headline Masdar’s Green Hydrogen Summit in Abu Dhabi
Masdar has announced a stellar international lineup for its Green Hydrogen Summit including former UK Prime Minister Rt Hon Boris Johnson, ministerial speakers from the UAE, Azerbaijan, Japan and the Netherlands, industry leaders and global adventurer Dr. Bertrand Piccard.
Published on: 14 APR 2024
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Green Hydrogen Summit sets out roadmap to future fuels economy
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has hailed the conclusion of a highly successful Green Hydrogen Summit focused on accelerating the development of the global green hydrogen economy and supporting the energy transition.
Published on: 19 APR 2024
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Octopus Energy Group and Masdar sign agreement to manage UK battery storage
Global energy tech group Octopus Energy announced today it has signed a framework agreement with Masdar, one of the world’s leading clean energy companies, to license Octopus’ groundbreaking technology platform Kraken. Masdar will use Kraken to flexibly manage its battery storage portfolio in the UK.
Published on: 09 MAY 2023
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Daimler Truck and Masdar explore liquid green hydrogen supply options to decarbonize road freight transport in Europe
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Daimler Truck Holding AG (“Daimler Truck”), one of the world’s leading commercial vehicle manufacturers, have signed a Memorandum of Understanding (MoU) to explore the feasibility of liquid green hydrogen exports from Abu Dhabi (UAE) to Europe by 2030.
Published on: 25 JAN 2024
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Masdar and TotalEnergies to Develop a Commercial Green Hydrogen to Methanol to SAF project in Abu Dhabi
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with TotalEnergies to assess the viability of developing a commercial green hydrogen to methanol to SAF (Sustainable Aviation Fuel) project.
Published on: 01 AUG 2024
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President of Indonesia Inaugurates Southeast Asia’s Largest Floating Solar Plant
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Indonesia’s state-owned utility company, PLN have inaugurated the 145 megawatt (MWac) (192MWp). Cirata floating solar plant in Indonesia, the largest in the Southeast Asia region.
Published on: 09 NOV 2023
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Masdar Maintains Commitment To Sustainable Energy For All
As a member of the high-level group, Dr. Sultan Ahmed Al Jaber, Managing Director and Chief Executive Officer of Masdar, has committed to developing renewable energy projects and encouraging clean energy innovation through Masdar—Abu Dhabi's multifaceted renewable energy company.
Published on: 27 APR 2012
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ACWA Power, Masdar and SOCAR team up for 500MW renewable energy projects in Azerbaijan
Two of the largest independent power producers in the region and an integrated national oil and gas company of the Republic of Azerbaijan will jointly develop renewable energy projects in Nakhchivan to expedite decarbonization goals.
Published on: 08 NOV 2023
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President of Azerbaijan Breaks Ground on Masdar 1GW Solar and Wind Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse and SOCAR, the State Oil Company of Azerbaijan, have broken ground on three major solar and wind projects in Azerbaijan with a capacity of 1 gigawatt (GW).
Published on: 05 JUN 2024
