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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

  • 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

  • Masdar and CMA CGM Sign Strategic Supply Partnership for Long-term Supply of Green Alternative Fuels

    Abu Dhabi Future Energy Company PJSC - Masdar, one of the world’s leading renewable energy companies, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have signed a Strategic Supply Partnership (SSP) which will explore the two companies entering long-term green maritime fuels offtake contracts to supply CMA CGM vessels.

    Published on: 30 JAN 2024

  • Masdar Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe

    Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and received all regulatory approvals. The deal, agreed at a price of 20 euros per share, valued TERNA ENERGY at an enterprise value of 3.2bn euros, representing the largest ever energy transaction on the Athens Stock Exchange, and one of the largest in the EU renewables industry.

    Published on: 28 NOV 2024

  • Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners

    Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced that it has signed a definitive agreement to acquire a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen”), one of the largest independent renewable energy power producers in the United States, from Energy Capital Partners (“ECP”).

    Published on: 19 MAR 2024

  • Major Milestone Reached for 1GW Wind Farm in Kazakhstan

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and its partners, have reached a significant milestone in the development of their 1GW windfarm in Kazakhstan, with the signing of the project’s Investment Agreement.

    Published on: 12 NOV 2024

  • 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

  • Masdar Signs Agreement to Develop 1GW Mingbulak Wind Farm in Uzbekistan

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and the Ministry of Energy Uzbekistan have signed an agreement to develop a 1-gigawatt (GW) wind farm in the Mingbulak region of the country.

    Published on: 13 NOV 2024

  • Masdar signs Power Purchase Agreement for its 1GW Wind Farm in Kazakhstan

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Power Purchase Agreement (PPA) with the Financial Settlement Centre for Renewable Energy Sources Support LLP for its 1GW wind farm in the Jambyl region of Kazakhstan.

    Published on: 16 NOV 2024

  • Masdar, Sarawak Energy and Gentari to Assess Large-Scale Floating Solar Project in Malaysia

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Joint Study Agreement with Malaysia’s Sarawak Energy and clean energy solutions provider, Gentari, to assess the feasibility of a floating solar power plant at the reservoir of Murum Hydroelectric Plant in the state of Sarawak, Malaysia.

    Published on: 06 NOV 2024

  • 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

  • WiSER Pioneers tackle climate challenges in water-stressed Morocco

    Women in Sustainability, Environment, and Renewable Energy (WiSER) - a global initiative established by the UAE’s two leading sustainability champions, Masdar and the Zayed Sustainability Prize - has successfully completed the latest instalment of its WiSER Cares program.

    Published on: 19 JUN 2024

  • 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

  • Masdar and RWE advance 3GW Dogger Bank South offshore wind project seabed site investigations

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and RWE, a leading renewable energy company in Germany, have awarded global leading geo-data specialist,

    Published on: 26 APR 2024

  • Masdar and Bapco Energies to develop up to 2GW of wind projects in the Kingdom of Bahrain

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with Bapco Energies, the integrated energy company leading the energy transition in the Kingdom of Bahrain, to jointly explore the development and investment in wind projects in the Kingdom with a capacity of up to 2 gigawatts (GW).

    Published on: 01 MAY 2024

  • Emerge Announces Successful Energization of Solar Projects at Yas Bay Waterfront and Yas Marina Circuit

    Emerge, a joint venture between the UAE’s Masdar and France’s EDF Group, has announced the successful energization of two high-profile solar photovoltaic (PV) projects on Yas Island at Yas Marina Circuit and Yas Bay Waterfront, Abu Dhabi’s vibrant day-to-night dining, entertainment and leisure destination.

    Published on: 23 MAY 2024

  • UAE and Kazakhstan sign landmark agreements to develop 1GW of renewables capacity

    The governments of the United Arab Emirates and the Republic of Kazakhstan today signed an agreement outlining a commitment to co-operation in the development of Kazakhstan’s renewables sector, including through the development of a large-scale wind power project with a 1GW capacity.

    Published on: 02 DEC 2023

  • Masdar Expands European presence with Acquisition of 1GW Renewable Portfolio in Poland

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, today announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finnish-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios.

    Published on: 04 DEC 2023

  • Mumtalakat and Masdar Sign MoU to Drive Clean Energy Initiatives in Bahrain

    Bahrain Mumtalakat Holding Company (“Mumtalakat”), the sovereign wealth fund of the Kingdom of Bahrain and Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, announced today the signing of a Memorandum of Understanding (MoU) aimed at exploring collaboration opportunities in the development of clean and renewable energy projects in the Kingdom of Bahrain.

    Published on: 07 DEC 2023

  • For Antarctica: How do you make solar panels in Antarctica a ground reality?

    While it is the coldest place on earth, Antarctica is also the world’s largest desert, almost twice the size of the Sahara.

    Published on: 15 JUL 2021

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