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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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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 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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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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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 Announces Inaugural Malaysian Project with Agreement to Develop Southeast Asia’s Largest Floating Solar Plant
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has announced its first project in Malaysia, with the signing of a power purchase agreement (PPA) to develop a 200-megawatt (MW) floating solar photovoltaic (PV) project at the Chereh Dam in Pahang State.
Published on: 23 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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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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DP World and Masdar partner to drive renewable power for port operations
DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar), a global leader in clean energy, to explore and implement renewable energy systems across DP World's global port operations in the Middle East and Africa.
Published on: 26 FEB 2024
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Masdar finalizes joint investment in 3GW UK Offshore Wind Project
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 percent shareholding in the 3 gigawatt (GW) Dogger Bank South (DBS) project – one of the world’s largest planned offshore wind farms.
Published on: 29 FEB 2024
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Masdar reaches close on financing for 476MW Baltic Eagle Offshore Wind Project
Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, has achieved close on the financing of its 49 percent shareholding in the 476MW Baltic Eagle wind farm, located in the Baltic Sea off the coast of Germany.
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 Silk Road Fund Sign Co-investment Agreement for Renewable Energy Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and China’s Silk Road Fund (SRF) have signed a Memorandum of Understanding (MoU) to explore potential co-investment opportunities in renewable energy projects in Belt and Road Initiative (BRI) countries, primarily in the developing world and global south.
Published on: 22 NOV 2024
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Masdar harnesses power of AI to protect birds of prey at Zarafshan wind farm
Wind farms can represent a real risk for birds of prey but thanks to the power of AI, Masdar is helping to protect them against the risk of colliding with turbines at the 500MW Zarafshan wind farm in Uzbekistan.
Published on: 16 NOV 2024
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Development consent granted for UK Dudgeon extension project
Masdar together with its partners Equinor and China Resources Power has received consent from the UK Government to extend the 402MW Dudgeon offshore wind project.
Published on: 20 APR 2024
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Masdar signs Agreement with OMV to produce Green Hydrogen
Masdar, one of the world’s fastest growing clean energy companies, has signed a non-binding Heads of Terms (HoT) development agreement with OMV, the integrated company for energy, fuels & feedstock, chemicals and materials, to explore in partnership the production of green hydrogen for the decarbonization of industrial processes in OMV’s refineries.
Published on: 08 DEC 2023
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Masdar Advances 10GW Africa Growth Plan to Unlock Energy Transition in Six Sub-Saharan Nations
Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE’s clean energy leader, in support of the clean energy transition across the continent.
Published on: 07 DEC 2023
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Masdar City Tenant Event Series Kicks Off Virtually
The Masdar City team has kicked off an event series for its City's tenants with an interactive virtual session attended by almost 150 guests.
Published on: 15 NOV 2021
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AGS and WiSER sign MoU to empower women to accelerate sustainable development
Alliances for Global Sustainability (AGS) today entered into a strategic agreement with Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s international outreach platforms, aiming to inspire women of all ages to play a more active role in addressing global sustainability challenges.
Published on: 16 NOV 2021
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Masdar and Boeing Join Forces to Accelerate the Sustainable Aviation Fuel Industry in the UAE and globally
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s largest renewable energy companies and a global leader in green hydrogen, is teaming up with aerospace company Boeing to propel the sustainable aviation fuel (SAF) industry in the United Arab Emirates (UAE) and globally. The partnership aims to further support the commercial aviation industry’s goal of achieving net-zero emissions by 2050.
Published on: 05 OCT 2023
