ScottishPower Renewables and Abu Dhabi Future Energy Company PJSC – Masdar have completedd a major construction milestone at the £4 billion East Anglia THREE offshore wind farm, with all 95 foundations now installed off the Suffolk coast.
17 AUG 2026
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95 foundations now installed at East Anglia THREE offshore windfarm, off the coast of Suffolk
The £4 billion project is a joint venture between green energy company, ScottishPower and Masdar, a global clean energy leader
Milestone marks major engineering feat for project that will generate 1.4GW of clean power, boost energy security and support UK economic growth
ScottishPower Renewables and Abu Dhabi Future Energy Company PJSC – Masdar have completedd a major construction milestone at the £4 billion East Anglia THREE offshore wind farm, with all 95 foundations now installed off the Suffolk coast.
Weighing in at 1,200-1,800 tonnes, standing 67-84 metres tall and with a diameter of up to 10.6 metres, the monopiles are the largest to be installed from a jack-up vessel in Europe.
The installation of all 95 transition pieces – 20 metres in height, 8 metres in diameter and weighing more than 400 tonnes – has also been completed.
With turbine installation already under way, offshore and onshore construction will continue at pace over the coming months, clearing the way for East Anglia THREE to become fully operational by the end of 2026, delivering 1.4GW of home-grown clean power to the UK.
Husain Al Meer, Executive Director, Global Offshore Wind and UK at Masdar said:
The completion of foundation installation at East Anglia THREE is a significant milestone and a remarkable engineering achievement. It reflects the strength of our partnership with ScottishPower and the expertise of the project team and contractors, particularly Seaway7, who are working together to deliver one of the UK’s largest offshore wind farms.
East Anglia THREE is Masdar’s first 50:50 offshore wind joint venture in the UK and forms an important part of our long-term commitment to the UK offshore wind industry. With electricity demand accelerating, offshore wind will be essential to delivering affordable, home-grown power at scale. Once operational, East Anglia THREE will provide 1.4GW of clean energy, helping to meet rising demand and strengthen the UK’s energy security.
Charlie Jordan, ScottishPower Renewables CEO, said:
East Anglia THREE is our biggest windfarm ever and the completion of the foundation installation is a true engineering triumph. You only have to look at the numbers – more than 200,000 tonnes of steel anchored spot on into a seabed area the size of almost 43,000 football pitches – to get a sense of what we’ve achieved so far. It’s mind-blowing.
And there’s more to come as the installation of the 95 turbines, with huge 115-metre blades – the biggest built and used here in the UK ¬– crosses the halfway mark and we move ever closer to bringing the windfarm’s 1.4GW of clean energy to life.
ScottishPower Renewables and Masdar are not just powering millions of homes with homegrown renewable electricity, we’re energising a cleaner, greener and more prosperous future for us all with almost £2 billion invested in the domestic supply chain, thousands of jobs supported during construction and around 100 jobs delivered during the windfarm’s lifetime. That’s not just delivering a positive impact, it’s creating a powerful legacy.
The foundation installation was delivered by Seaway7, with East Anglia THREE the first foundation installation campaign completed by its jack-up vessel, Seaway Ventus.
Lloyd Duthie, CEO Seaway7 said:
We are proud to have supported ScottishPower Renewables and Masdar in reaching this important milestone for East Anglia THREE. The completion of the foundation installation campaign reflects the strength of collaboration and demonstrates what can be achieved when experienced teams work together with a shared commitment to delivering the energy transition. With the foundations now in place, Seaway7 continues to progress the installation of inter-array cables to bring East Anglia THREE another step closer to delivering clean, reliable power to more than one million UK homes.
East Anglia THREE is the second project to be developed as part of Masdar and Iberdrola’s €15 billion strategic partnership and the first with ScottishPower in the UK.
The almost £2 billion invested in the UK supply chain includes foundation design by Wood Thilsted, the manufacturing of the turbine blades at Siemens Gamesa’s factory in Hull, vessel charters from Norfolk-based NR Marine Services and OEG, and support from metocean and seabed consultants Partrac.
East Anglia THREE is supporting 2,300 jobs during construction and will create around a hundred long-term roles in the East of England.
Its 1.4GW capacity will produce enough homegrown clean power for more than 1.3 million homes, providing greater energy security for the UK.
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and Elektroprivreda Crne Gore (EPCG), Montenegro’s national power utility, have advanced their strategic partnership into project execution with agreements covering 150 megawatts (MW) of solar capacity and the potential development of over 400MW of pumped hydro energy storage.
28 JUL 2026
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Joint venture moves into project execution three months after the JVA signing in April
Joint development agreements cover two solar projects with combined capacity of 150MW
Masdar and EPCG also sign framework agreement to explore development of over 400MW of pumped hydro energy storage projects to strengthen grid flexibility and resilience
Partnership targets up to 2GW of renewable energy capacity in Montenegro
Platform could support domestic demand and future electricity exports to the Western Balkans and Southern Europe
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and Elektroprivreda Crne Gore (EPCG), Montenegro’s national power utility, have advanced their strategic partnership into project execution with agreements covering 150 megawatts (MW) of solar capacity and the potential development of over 400MW of pumped hydro energy storage.
The agreements represent the first projects to be progressed through the 50/50 joint venture to be established by Masdar and EPCG after the Joint Venture Agreement (JVA) signing in April 2026. The joint venture is targeting up to 2 gigawatts (GW) of renewable energy capacity in Montenegro, creating a platform to meet growing domestic electricity demand, strengthen national energy security and support future exports to neighboring European markets.
First projects in 2GW Montenegro pipeline
The JDAs cover the Štedim solar photovoltaic (PV) project (115MW) and the Krupac solar PV project (35MW). Masdar and EPCG also signed a framework for action (FFA) agreement to explore the joint development of over 400MW of pumped hydro energy storage projects. By storing electricity when supply exceeds demand and releasing it when required, pumped hydro could enable Montenegro to integrate more renewable power while improving the flexibility, stability and resilience of its electricity system.
In the presence of His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar and His Excellency Admir Šahmanović, Montenegro Minister of Energy and Mining, the agreements were signed in Tivat, Montenegro by Milutin Đukanović, Chairman of the Board of Directors of EPCG, Zdravko Dragaš, Chief Executive Officer of EPCG, and Husain Al Meer, Executive Director, Global Offshore Wind and UK Business, Masdar.
Masdar and EPCG announced in April they were forming a 50/50 JV to develop large-scale projects across a range of technologies, including solar, wind, hydropower, pumped hydro, battery storage and hybrid energy solutions. The partnership is targeting developing up to 2 gigawatts (GW) of renewable energy capacity in Montenegro to support its domestic energy needs, while also enabling the export of renewable electricity to the Western Balkans and Southern Europe, including leveraging an existing sub-sea interconnection with Italy.
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Masdar's Chairman, said:
Europe’s demand for reliable, affordable energy is rising, and the need for new capacity has never been clearer. Today's agreements reflect Masdar’s ability to bring global expertise, proven technology and long-term investment to markets with strong growth potential. They also mark an important step in the deepening relationship between the UAE and Montenegro. By working with our partners to deliver high-quality energy infrastructure, Masdar is supporting Montenegro’s energy security and creating a strong platform for sustainable economic growth.
His Excellency Admir Šahmanović, Minister of Energy and Mining of Montenegro, said:
For years, we have been talking about Montenegro’s exceptional potential in the field of renewable energy sources. Today, we can say that we have created the conditions for this potential to become concrete projects. Just three months after the establishment of the joint company, we are moving into the phase of implementing the first projects, which is the best confirmation of the seriousness of this partnership and the trust that one of the world’s leaders in clean energy has placed in Montenegro.
Through this partnership, we are not only building new energy capacities; we are building a safer, stronger, and more competitive Montenegro. We are launching investments worth hundreds of millions of euros that will strengthen our energy security, create new jobs and new development opportunities for our citizens, ensure more stable energy supply for the economy, and create the conditions for green energy to become one of Montenegro’s most significant export products.
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said:
These agreements mark an important step for Masdar in Montenegro and a significant progression in our partnership with EPCG. By combining Masdar’s global development expertise, investment capability and track record in delivering large-scale renewable energy projects with EPCG’s market leadership and deep operational knowledge, we are creating a strong platform for long-term growth. Together, we aim to diversify Montenegro’s generation mix, strengthen energy security, improve system stability and flexibility, and unlock wider economic value for the country and the region.
The Balkans, Southeast Europe and Central Europe are important growth markets for Masdar as we advance toward our target of 100GW of global renewable energy capacity by 2030. We look forward to deepening our collaboration with EPCG and the Government of Montenegro to deliver high-impact projects that support Montenegro’s growth ambitions and reinforce its position as a regional energy leader.
Milutin Đukanović, Chairman of the Board of Directors of EPCG, said:
Cooperation with Masdar represents an important step towards achieving our vision of a modern and sustainable energy sector. By establishing a joint venture, we are creating the conditions for the implementation of new renewable energy projects, while simultaneously strengthening our professional capacities and improving EPCG’s operations. The signed agreements on the joint development of the Krupac and Štedim solar power plants, as well as the Framework Agreement for Cooperation in Hydroenergy, mark the beginning of the creation of a joint generation portfolio of EPCG and Masdar, which will be further developed and expanded in the coming period. We are confident that this cooperation model will bring both short-term and long-term value to the company and to Montenegro.
Zdravko Dragaš, Chief Executive Officer of EPCG, said:
Partnership with Masdar opens a new chapter in EPCG’s development and our investment plans in the field of green energy. By combining international experience with local expertise, we are creating a solid foundation for the implementation of demanding projects that will contribute to increasing electricity generation from renewable energy sources. Today’s signing of three agreements lays the foundation for long-term cooperation through the joint development of projects and the creation of a generation portfolio that will continue to expand with new investments in the years ahead. We expect this cooperation to further strengthen the energy transition process, enhance the company’s competitiveness and create new opportunities for the development of Montenegro’s economy.
Supporting Montenegro’s regional energy ambitions
The joint venture established by Masdar and EPCG will explore utility-scale projects across solar, wind, hydropower, pumped hydro, battery storage and hybrid energy technologies.
The platform is intended to serve Montenegro’s growing domestic energy requirements while creating opportunities to export renewable electricity to the Western Balkans and Southern Europe. Montenegro’s existing subsea electricity interconnection with Italy provides a potential route into the wider European power market.
Masdar has been active in Montenegro since 2018 through its investment in the 72MW Krnovo Wind Farm, the country’s largest operating wind project.
Europe central to Masdar’s 100GW by 2030 target
Europe is a key strategic market for Masdar as it targets global portfolio capacity of 100GW by 2030. TERNA ENERGY, which Masdar acquired in 2025, is developing the 680MW Amfilochia project, one of the largest pumped hydro storage projects in Europe, providing relevant technical and development experience for the opportunities being assessed in Montenegro.
Masdar has a diversified global portfolio of more than 65GW, spanning both established and high-growth renewable energy markets and covering the full spectrum of renewable technologies, including solar, onshore wind, offshore wind, battery energy storage and hybrid solutions. Masdar continues to expand its global platform through disciplined growth across priority markets, delivering reliable, affordable clean power to meet the world's rapidly growing electricity demand.
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has signed a collaboration agreement with Emirates Utilities Development Company (EUDC) and the Republic of Uzbekistan’s Ministry of Energy relating to the development of a gigascale round-the-clock clean energy project in the Central Asian nation. The collaboration brings together Masdar’s clean energy leadership with EUDC’s utility-scale development platform, supporting Uzbekistan’s clean energy ambitions through strong cross-border partnerships.
22 JAN 2026
3
Masdar signs collaboration agreement with Emirates Utilities Development Company (EUDC), Etihad Water & Electricity’s development arm, and Uzbekistan’s Ministry of Energy to explore project with baseload capacity of up to 1GW
Project would support Uzbekistan’s clean energy ambitions and add to Masdar’s portfolio of 2GW renewable energy projects in the country, with investments exceeding US$2 billion
Announcement follows Masdar’s launch last year of world’s first gigascale solar and battery storage project in UAE
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has signed a collaboration agreement with Emirates Utilities Development Company (EUDC) and the Republic of Uzbekistan’s Ministry of Energy relating to the development of a gigascale round-the-clock clean energy project in the Central Asian nation. The collaboration brings together Masdar’s clean energy leadership with EUDC’s utility-scale development platform, supporting Uzbekistan’s clean energy ambitions through strong cross-border partnerships.
Documents relating to the agreement were exchanged at a ceremony during Abu Dhabi Sustainability Week (ADSW) 2026, witnessed by HE Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, United Arab Emirates, HE Jamshid Khodjaev, Deputy Prime Minister, Republic of Uzbekistan, HE Jurabek Mirzamahmudov, Minister of Energy, Republic of Uzbekistan, and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar. Jahongir Obidjonov, Chairman of JSC Uzenergosotish, Abdulaziz Alobaidli, then Chief Operating Officer of Masdar, and Eng. Yousif Ahmed Al Ali, Chief Executive Officer of Etihad Water & Electricity (EtihadWE), parent company of EUDC, and Chairman of EUDC, conducted the exchange.
The proposed project will deliver up to 1 gigawatt (GW) of baseload power, with JSC Uzenergosotish, Uzbekistan’s state-owned joint-stock company, acting as offtaker. Today’s announcement comes one year after Masdar launched the world’s first gigascale solar and battery storage project at ADSW 2025.
HE Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, United Arab Emirates, said:
This collaboration underscores the UAE’s commitment to advancing the global energy transition through strategic partnerships and innovative, large-scale solutions. Projects of this scale show how clean energy can deliver reliable, round-the-clock power while supporting economic growth and energy security. We value our strong partnership with the Republic of Uzbekistan and look forward to expanding cooperation in clean energy and sustainable infrastructure. We are proud of Masdar’s leadership in delivering pioneering projects that set global benchmarks and translate national vision into impactful, real-world solutions, reinforcing the UAE’s role as a trusted partner in building resilient and sustainable energy systems worldwide.
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said:
With our groundbreaking round-the-clock projects, Masdar is overcoming the challenge of intermittency and reimagining the potential of renewable energy for the information age. By leveraging our 20 years of experience in renewables and our expertise in battery storage, we can provide reliable, sustainable power at scale, meeting the needs of our customers today and their goals tomorrow. We look forward to working with our partners to bring this project to fruition, and to continuing our collaboration with the Government of the Republic of Uzbekistan to help the nation achieve its ambitious clean energy goals.
Eng. Yousif Ahmed Al Ali, CEO of EtihadWE and Chairman of EUDC, said:
This collaboration reflects EUDC’s commitment to partnering on utility-scale clean energy solutions that can deliver dependable, round-the-clock power. Together with Masdar and Uzbekistan’s Ministry of Energy, we will explore a gigascale project that supports Uzbekistan’s clean energy ambitions and demonstrates how strong partnerships can help scale reliable renewables.
The project will add to Masdar’s portfolio of renewable energy projects in Uzbekistan of around 2GW of clean energy capacity, with investments exceeding US$2 billion. Most recently in November 2025, Masdar signed a Battery Storage Services Agreement with JSC Uzenergosotish to develop the nation’s largest standalone battery energy storage system (BESS) project, with a capacity of 300MW / 600MWh in the Navoi Region of Uzbekistan.
Masdar has already committed to building a gigascale solar and battery project in the UAE. Masdar and Emirates Water and Electricity Company (EWEC) are developing a 5.2GW solar photovoltaic (PV) plant integrated with a 19 gigawatt-hour (GWh) battery energy storage system (BESS), the largest and most technologically advanced system of its kind in the world, in Abu Dhabi.
Masdar also signed a collaboration agreement with Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, in May 2025 to explore the development of a ‘24/7’ renewable energy project that will provide up to 500 megawatts (MW) of baseload power.
These round-the-clock projects are a game-changer for renewable energy, overcoming intermittency to produce gigascale baseload power at globally competitive tariffs, and providing a blueprint that can be replicated internationally to meet the growing demand for reliable, clean power.
The CIS region is a strategic market for Masdar as it targets a global portfolio capacity of 100GW by 2030. Beyond its footprint in Uzbekistan, the company has an active presence across Azerbaijan, Kazakhstan, and elsewhere.
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, is partnering with Elite Agro Holding, a trusted global expert in food and agriculture production and development, to launch the first agricultural photovoltaic (AgriPV) project in the MENA region.
15 JAN 2026
3
Partnership showcases a scalable AgriPV model optimized for UAE conditions, proving its technical, economic, and agricultural viability.
Sets a blueprint for strengthening the energy–food nexus in line with the UAE Energy Strategy and the National Food Security Strategy.
AgriPV projects enable dual land use while boosting crop yields and reducing irrigation needs.
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, is partnering with Elite Agro Holding, a trusted global expert in food and agriculture production and development, to launch the first agricultural photovoltaic (AgriPV) project in the MENA region.
The project was announced today at Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable progress, hosted by Masdar. The project, located at Elite Agro’s Al Foah Farm in Al Ain, Abu Dhabi, will serve as a scalable reference model for sustainable farming and renewable energy integration in the region.
By combining solar panels with greenhouses, AgriPV solutions enable land to be used both for clean energy generation and crop cultivation, maximizing resource efficiency, crucial in areas with limited arable land and high energy demand. Shading from PV panels can also reduce heat and water stress on plants, potentially improving crop yields and reducing irrigation needs.
This project advances the UAE’s Energy Strategy 2050 and Net Zero 2050 ambitions by expanding clean energy deployment and efficiency, and it contributes to the National Food Security Strategy 2051 by enabling sustainable local production through modern Agri technologies.
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said:
This groundbreaking project will demonstrate how clean energy and agriculture can thrive together, making food systems more resilient and supporting food and energy security. By integrating advanced solar technology with local farming, we will reduce water use, boost crop yields, and generate renewable power as part of our commitment to innovation, resilience, and a greener future for the UAE and beyond.
Maurizio Terazzi, Chief Executive Officer of Elite Agro Holding, said:
This partnership with Masdar marks an important step in supporting how agriculture is practiced in arid and semi-arid regions. By integrating agricultural production with clean energy generation, we are demonstrating that food security and energy transition are not parallel ambitions, but interconnected solutions.
The AgriPV pilot at Al Foah farm is designed to generate real, measurable outcomes, from improved water efficiency and crop performance to optimized land use and energy resilience. As a group deeply rooted in sustainable farming and agri-technology, Elite Agro is proud to contribute a scalable model that supports the UAE’s Net Zero and National Food Security ambitions, while setting a practical benchmark for the wider region.
The project, which has been tailored for UAE conditions, will provide a blueprint for sustainable agriculture and energy in arid climates, generating valuable data on the technical, economic, and agricultural impacts of AgriPV for future large-scale deployments.
Elite Agro Holding is a trusted global innovator in agrifood, delivering end-to-end solutions from sustainable farming and smart agri-tech to food processing, distribution and trade. The Abu Dhabi based company, which operates in the GCC, Serbia, Morocco, Mauritania, and Ethiopia is leading the way toward a more self-sufficient, food-secure tomorrow.
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced it has reached financial close on a package worth more than US$225 million for the Guzar 300-megawatt (MW) solar power plant and 75-megawatt-hour (MWh) battery energy storage system (BESS) in Kashkadarya, Uzbekistan.
15 JAN 2026
3
Financing of more than US$225 million secured from European Bank for Reconstruction and Development and Asian Development Bank for Guzar project
Masdar will design, build and operate project under Public-Private Partnership agreement with JSC National Electric Grid of Uzbekistan
Guzar is part of Masdar’s portfolio of 2GW renewable energy projects in Uzbekistan, with investments exceeding US$2 billion
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced it has reached financial close on a package worth more than US$225 million for the Guzar 300-megawatt (MW) solar power plant and 75-megawatt-hour (MWh) battery energy storage system (BESS) in Kashkadarya, Uzbekistan.
The European Bank for Reconstruction and Development (EBRD) will provide up to US$195.5 million, including financing from Canada and Finland under the Special Fund for the High Impact Partnership on Climate Action (HIPCA), and the Japan-EBRD Cooperation Fund.
The Asian Development Bank (ADB) is providing financing of US$30 million, including from the Leading Asia’s Private Infrastructure Fund 2 (LEAP 2) and the Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA) under its administration. Abu Dhabi Commercial Bank provided hedging on the transaction.
The milestone was marked with a signing ceremony held in the presence of HE Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, United Arab Emirates, HE Jamshid Khodjaev, Deputy Prime Minister, Republic of Uzbekistan, HE Jurabek Mirzamahmudov, Minister of Energy, Republic of Uzbekistan, and Mohamed Jameel Al Ramahi, CEO, Masdar, at the Masdar Pavilion during Abu Dhabi Sustainability Week. Masdar COO Abdulaziz Alobaidli signed the agreement, alongside representatives of the EBRD, ADB and ADCB.
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said:
We are delighted to have achieved financial close on another significant renewable energy project in Uzbekistan. Since 2021, Masdar has been proud to collaborate with our partners in Uzbekistan to deliver over 2 gigawatts (GW) of renewables capacity to support the country’s ambitious clean energy goals. Uzbekistan’s abundant wind and solar resources, allied to its supportive regulatory regime, make this an attractive market for Masdar as we pursue our ambitious growth strategy to reach 100GW global capacity by 2030.
Masdar will design, build and operate the solar and BESS project under the terms of the Public-Private Partnership agreement it signed with JSC National Electric Grid of Uzbekistan. Once operational, the project will avoid more than 400,000 tonnes of carbon dioxide annually and provide enough electricity to power the equivalent of 60,000 homes, contributing to Uzbekistan’s target of generating 54 percent of power from renewables by 2030.
Masdar’s investment to date in Uzbekistan exceeds US$2 billion, having developed the first utility-scale solar project in the country, the 100MW Nur Navoi plant. Most recently, Masdar signed a Battery Storage Services Agreement with JSC Uzenergosotish last November to develop the nation’s largest standalone BESS project, with a capacity of 300MW/600MWh in the Navoi Region of Uzbekistan.
The CIS region is a strategic market for Masdar as it targets a global portfolio capacity of 100GW by 2030. Beyond its footprint in Uzbekistan, the company has an active presence across Azerbaijan, Kazakhstan, and elsewhere.
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced the start of commercial operations at its battery energy storage system (BESS) facility in Stockport; the first project to be completed under Masdar’s £1 billion commitment to invest in UK battery energy storage. The company will also develop two new BESS projects, in Cardiff and Chesterfield.
17 DEC 2025
3
Commercial operations begin at 20MW/40MWh BESS facility in Stockport, first project to be completed since Masdar’s acquisition of Arlington Energy
Masdar to also develop BESS projects in Chesterfield and Cardiff, with combined capacity of 150MW/300MWh
Projects represent first stages in £1 billion, 3GWh pipeline of BESS projects Masdar is developing in UK, part of its wider commitment to nation’s energy transformation
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced the start of commercial operations at its battery energy storage system (BESS) facility in Stockport; the first project to be completed under Masdar’s £1 billion commitment to invest in UK battery energy storage. The company will also develop two new BESS projects, in Cardiff and Chesterfield.
With a capacity of 20 megawatts (MW)/40 megawatt-hours (MWh), the Stockport facility, located in Welkin Road, can store enough clean electricity to power 20,000 homes for over two hours. The Chesterfield and Cardiff projects, which will have a combined capacity of 150MW and 300MWh, will together store enough electricity to power more than 35,000 UK homes for an entire day. Construction began on the Stockport project in May 2024.
Following its acquisition of Arlington Energy in 2022, Masdar committed to investing £1 billion in a 3 gigawatt-hours (GWh) pipeline of BESS projects in the UK, part of the company’s wider commitment to the UK’s energy transformation. The UK government is aiming to build up to 27GW of battery storage by the end of this decade under its Clean Power 2030 Action Plan.
Husain Al Meer, Masdar Director, Global Offshore Wind & UK, said:
Today’s announcements demonstrate that we are accelerating progress towards delivering on our £1 billion pipeline. BESS is critical to helping the UK to transform its energy systems, unlock more renewables deployment, and bring tangible benefits to consumers, businesses, and local communities. Masdar is proud to be at the forefront of this sector in the UK and beyond.
BESS solutions balance and stabilize the intermittent energy supply from renewables, providing flexible energy to the grid by storing energy in periods of low demand and releasing it at peak times. This flexibility enhances grid stability and energy security, supports the integration of renewable energy, and contributes to lowering consumer bills and carbon emissions.
Built to international standards of safety and security, Masdar’s BESS projects incorporate state-of-the-art fire detection and suppression systems, with 24-hour CCTV monitoring and local response capability.
Masdar’s UK BESS projects are also being built in close consultation with local stakeholders to ensure they deliver positive impact to local communities as well as providing tangible national economic benefit.
The Welkin Road plant is located on a previously developed brownfield site in Stockport. Local biodiversity was enhanced during construction, with bird and bat boxes being provided to protect wildlife, the control of Japanese knotweed and the planting of naturally occurring flora. A community fund is also being established to donate money to local causes.
The Chesterfield project, located in Calow Green, will sit on land previously used for coal mining, and will transform the area into a hub for clean energy generation and storage. The project development will respect the area’s agricultural character while repurposing previously disturbed ground for a positive environmental use, demonstrating how former industrial sites can be reimagined to support a sustainable energy future.
The Cardiff project is also situated on an industrial brownfield site, in Ipswich Road, repurposing under-utilized land and avoiding the need for new greenfield development, while making efficient use of established utilities and access routes.
Masdar is a global leader in battery energy storage systems. In October, Masdar broke ground in Abu Dhabi on the world’s first gigascale 24/7 solar and battery storage project. The project will feature a 5.2GW solar plant, coupled with a 19GWh BESS, the largest and most technologically advanced system of its kind in the world, to deliver up to 1GW baseload power every day.
Beyond battery storage, Masdar’s growing presence in the UK as a leading investor, developer, and operator in the offshore wind sector underscores its long-term commitment to supporting the country’s energy transformation. Major projects in the UK market include a €5.2 billion co-investment with Iberdrola in the 1.4GW East Anglia THREE offshore wind facility, which will provide enough power for 1.3 million British homes, and the 3GW Dogger Bank South offshore wind farm being developed in partnership with RWE.
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has signed a Battery Storage Service Agreement with JSC Uzenergosotish, Uzbekistan’s state-owned joint-stock company, to develop the nation’s largest standalone battery energy storage (BESS) project.
11 NOV 2025
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300MW / 600MWh Battery Energy Storage System in Navoiy will boost grid reliability and renewable integration, marking significant milestone in Uzbekistan’s energy transformation
Battery Storage Service Agreement signed with JSC Uzenergosotish and witnessed by UAE’s Ministry of Energy and Uzbekistan’s Ministry of Energy
Once operational in Q3 2028, the project will be capable of storing energy equivalent to powering approximately 1.3 million households for two hours.
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has signed a Battery Storage Service Agreement with JSC Uzenergosotish, Uzbekistan’s state-owned joint-stock company, to develop the nation’s largest standalone battery energy storage (BESS) project.
The Zarafshan BESS forms the first phase of a national battery storage program following Masdar’s December 2023 agreement with Uzbekistan’s Ministry of Energy and Ministry of Investments, Industry and Trade to develop up to 575 megawatts (MW) / 1.15 gigawatt-hours (GWh) of BESS capacity across the country.
Phase 1, which will be capable of storing up to 300MW / 600MWh of electricity, equivalent to powering approximately 1.3 million households for two hours, will connect to the Murunau Substation, while a second 300MW / 600MWh phase will extend the Zarafshan facility.
Once operational in Q3 2028, the Zarafshan BESS will strengthen Uzbekistan’s grid reliability and flexibility, supporting its target of generating 54 percent of power from renewables by 2030 and advancing long-term net-zero goals.
The agreement was signed at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) by Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Jahongir Obidjonov, Chairman of the Board, JSC Uzenergosotish, and witnessed by His Excellency Suhail Al Mazrouei, UAE Minister of Energy, and His Excellency Jurabek Mirzamahmudov, Minister of Energy, Republic of Uzbekistan.
His Excellency Suhail Al Mazrouei, UAE Minister of Energy, said:
The UAE is proud to see its global clean energy leader, Masdar, supporting our partners around the world in accelerating their energy transformations. The Zarafshan Battery Energy Storage System will play a vital role in strengthening Uzbekistan’s grid resilience and expanding renewable energy integration, an ambition that aligns with the UAE’s own vision for a sustainable and diversified energy future. This collaboration is a testament to the strong ties between our nations and our shared commitment to advancing practical, scalable solutions for global energy security and decarbonization.
His Excellency Jurabek Mirzamahmudov, Minister of Energy, Republic of Uzbekistan, said:
In recent years, the friendly relations between the heads of state of Uzbekistan and the United Arab Emirates have reached a new level. During President Shavkat Mirziyoyev’s visit in January, Uzbek-Emirati relations were elevated to the level of a strategic partnership. Within this framework, large-scale projects aimed at the widespread development of “green” energy are being implemented in Uzbekistan in cooperation with UAE companies. In particular, in partnership with Masdar, five solar power plants with a total capacity of 1,247MW, one wind power plant with a capacity of 500MW, and a 63MW energy storage system have been commissioned in recent years. In addition, a 300MW solar photovoltaic power plant is currently under construction. Thanks to this fruitful cooperation, the next major project, an energy storage system with a capacity of 300MW/600MWh, will also be implemented at an accelerated pace and will make a significant contribution to the integration of large-scale renewable energy sources into the grid and to the further development of Uzbekistan’s energy sector.
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said:
The Zarafshan Battery Energy Storage System is a significant milestone for Uzbekistan’s energy transformation, and another demonstration of Masdar's leadership in global battery storage projects. This project builds on more than two decades of experience developing and operating large-scale renewable and storage assets, and we look forward to driving its successful delivery and contributing to Uzbekistan’s sustainable economic growth.
Jahongir Obidjonov, Chairman of the Board, JSC Uzenergosotish, said:
We are very pleased to launch another major project in cooperation with Masdar. This initiative will make a significant contribution to achieving Uzbekistan’s ambitious goals for the transition to green energy, and we express our sincere gratitude for this partnership.
The Zarafshan BESS adds to Masdar’s growing current footprint in Uzbekistan, which includes around 2GW of clean energy capacity, with investments totaling over $2 billion USD. Masdar has committed to developing over 2GW of additional clean energy capacity, as well as the extension plan of Zarafshan BESS with additional 300MW / 600MWh, supporting Uzbekistan’s goal to reach 20GW of renewables by 2030 and Masdar’s global ambition of 100GW by 2030.
Masdar is also advancing large-scale energy storage innovation worldwide. In October, it broke ground on the world’s first gigascale 24/7 solar and battery storage project in Abu Dhabi, featuring a 5.2GW solar plant integrated with a 19GWh BESS to deliver 1GW baseload renewable power. Upon completion, this will be the largest and most technological advanced system of its kind globally.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, and His Excellency Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, witnessed a collaboration agreement between Abu Dhabi Future Energy Company PJSC – Masdar and Samruk-Kazyna JSC, related to the development of renewable energy and battery energy storage system (BESS) projects in Kazakhstan.
13 MAY 2025
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Masdar signs collaboration agreement with Samruk-Kazyna during official visit of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan to Kazakhstan
The agreement will support the development of ‘24/7’ project providing up to 500MW of baseload renewable energy and battery energy storage projects with up to 2GW capacity
The ratification of an Intergovernmental Agreement between the UAE and Kazakhstan on development of Masdar’s 1GW wind farm was also announced.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, and His Excellency Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, witnessed a collaboration agreement between Abu Dhabi Future Energy Company PJSC – Masdar and Samruk-Kazyna JSC, related to the development of renewable energy and battery energy storage system (BESS) projects in Kazakhstan.
His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, and Nurlan Zhakupov, Chief Executive Officer of Samruk-Kazyna, exchanged documents related to the collaboration agreement at the Presidential Palace in Astana.
Under the agreement, Masdar, the UAE’s clean energy leader, and Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, will explore the development of a ‘24/7’ project that will provide up to 500 megawatts (MW) of baseload renewable energy, and BESS projects with up to 2 gigawatts (GW) capacity. Masdar is currently developing a 1GW wind farm with a 600-megawatt-hour (MWh) BESS in Kazakhstan, set to be one of the largest wind projects in the region.
Additionally, during the ceremony, the ratification of the agreement between the governments of UAE and Kazakhstan for the development of the 1GW wind project was announced – a significant milestone toward the project’s implementation.
HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Masdar Chairman, said:
This agreement builds on the already strong energy partnership between our two countries and will support Kazakhstan’s ambitious renewable energy objectives. By leveraging Masdar’s expertise in renewables and battery storage technology, Kazakhstan will be able to address today’s energy needs while creating new jobs, stimulating its economy and preparing for the growing demands of tomorrow. We look forward to working closely with Samruk-Kazyna and the Government of Kazakhstan to deliver sustainable, secure energy and drive socioeconomic progress.
Nurlan Zhakupov, CEO of Samruk-Kazyna, said:
In line with President Tokayev’s objective of reaching carbon neutrality by 2060, Samruk-Kazyna is strengthening its efforts in low-carbon development, including through partnerships with leading international companies such as Masdar. This agreement represents a step forward toward increasing the share of renewable energy in Kazakhstan’s energy mix, using advanced technologies to support a more sustainable and resilient energy future.
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said:
Kazakhstan is a key strategic partner for Masdar and today’s agreement further strengthens our presence in the country, building on the strong collaboration established through our existing 1GW wind and battery storage project in the Jambyl region. This agreement also strengthens our partnership with Samruk-Kazyna and we will continue to work closely together to support energy security, economic diversification and climate action.
Kazakhstan is targeting generating 15 percent of electricity from renewable energy sources by 2030 and 50 percent by 2050. Masdar signed an agreement at COP28 with W Solar, Qazaq Green Power QGP, a Samruk-Kazyna Group company, and the Kazakhstan Investment Development Fund to develop and implement the 1GW wind project. The power purchase agreement and the investment agreement for the project were signed at COP29 in Baku last year, with construction expected to begin in 2026.
Masdar announced a significant advance in battery storage technology this year, with the launch at Abu Dhabi Sustainability Week (ADSW) of the world’s first gigascale 24/7 solar and battery storage project. Located in Abu Dhabi, the project will feature a 5.2GW (DC) solar photovoltaic (PV) plant, coupled with a 19 gigawatt-hour (GWh) BESS to deliver up to 1GW baseload power every day – the largest combined solar and BESS project in the world.
With abundant solar and wind resources, Central Asia is a key strategic region for Masdar. Beyond its footprint in Kazakhstan, the company has an active presence across the region, including Uzbekistan and Azerbaijan. Masdar is targeting a 100GW global portfolio capacity by 2030.
At the opening ceremony of Abu Dhabi Sustainability Week 2025 and the awards ceremony of the Zayed Sustainability Prize, HE Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Masdar Chairman, called for a new approach to unlock growth, drive sustainable economic progress and unleash unprecedented economic opportunity. At the first major international event of 2025, he noted that the world stands at a pivotal moment for progress driven by the global megatrends of emerging market growth, exponential rise of Artificial Intelligence and transformation of energy systems. Together these trends will require a diversity of energy sources to supercharge sustainable progress.
14 JAN 2025
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At opening of ADSW 2025, HE Dr. Al Jaber unveils world’s first renewable and battery storage facility to provide uninterrupted power, at scale, around the clock in Abu Dhabi. Unwavering support of UAE leadership enables breakthrough to “moonshot challenge” of intermittency.
Masdar and EWEC partner on largest of its kind megaproject combining 5.2GW of Solar PV with 19GW hours of battery storage to produce 1GW of continuous baseload renewable energy.
Calls for all stakeholders, industries and governments to unite around a single path to unlock growth, drive sustainable economic progress and unleash unprecedented economic opportunity.
Global megatrends of AI and growth of emerging markets driving power demand from 9,000GW to over 15,000GW by 2035 and could reach 35,000GW by 2050.
Dr. Al Jaber declares world is at “nexus of next”- a watershed moment that holds the opportunity to supercharge socioeconomic progress driven by megatrends
Despite gains in renewable energy adoption, surge in global energy demand requires a diversity of energy options.
Policies and regulations that prematurely reduce energy options are self-defeating. Energy and sustainability are not opposing forces, they are essential partners, Dr. Al Jaber says.
Abu Dhabi’s XRG will help respond to emerging energy needs across the entire value chain, including gas, chemicals, low carbon fuels and energy infrastructure.
At the opening ceremony of Abu Dhabi Sustainability Week 2025 and the awards ceremony of the Zayed Sustainability Prize, HE Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Masdar Chairman, called for a new approach to unlock growth, drive sustainable economic progress and unleash unprecedented economic opportunity. At the first major international event of 2025, he noted that the world stands at a pivotal moment for progress driven by the global megatrends of emerging market growth, exponential rise of Artificial Intelligence and transformation of energy systems. Together these trends will require a diversity of energy sources to supercharge sustainable progress.
H.E. Dr. Al Jaber was speaking in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE. Addressing an assembled audience which included 13 heads of state and over 140 ministers and government officials, he highlighted the UAE’s energy leadership - with world firsts and landmark achievements in solar, wind, nuclear, and AI, thanks to the far-sighted guidance of His Highness, the President of the UAE, and the legacy of the UAE’s founding father Shiekh Zayed Al Nahyan.
World stands at a pivotal moment
“As we enter the second quarter of the 21st century, we find ourselves at a pivotal moment. We are standing at the edge of two worlds, the world as we know it, and the world as it could be. This is a moment that I like to call ‘the nexus of next,’” HE Dr. Al Jaber said.
He emphasized that the world was poised at an inflection point driven by three powerful forces: the growth of emerging markets, the fundamental transformation of our energy systems, and the exponential growth of AI; with the potential to not just accelerate progress, but to “put progress into overdrive”.
UAE advancing leadership in energy, space and international diplomacy
HE Dr. Al Jaber said the UAE embodies “the nexus of next” as a nation uniquely positioned at the intersection of tradition and transformation, made possible under the legacy of the founding father of the UAE, Sheikh Zayed. Turning to His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, Dr Al Jaber continued,
“This legacy of leadership continues to this day. Your Highness, you are constantly inspiring us to break new ground. Under your guidance, we have set records in solar. From the biggest single site power plant to a world-leading desalination plant. We have set the pace in wind, creating wind farms that can operate in rough seas and at low speeds. We have set the bar in nuclear, with all four units of the Barakah plant fully operational. We have set benchmarks in Artificial Intelligence, from the Mohamed bin Zayed University of Artificial Intelligence, the first ever home-grown university entirely dedicated to AI, to strategic investment vehicles like MGX. We have set foot in space, sent a probe to Mars and we are not stopping there. We will soon send a mission to the asteroid belt with the MBR Explorer, and we will map our planet with our own satellite, MBZ-SAT.
“And it was your call for unity that nurtured multilateralism, allowed determination to conquer doubt and brought the world together to deliver the historic UAE consensus at COP28,” HE Dr. Al Jaber added.
Overcoming the barrier of renewable energy intermittency
HE Dr. Sultan noted that intermittency has been for decades one of the biggest barrier facing renewable energy, the ability to source constant power 24 hours a day, but thanks to a record-breaking UAE project, that barrier had been overcome.
“For decades, the biggest barrier facing renewable energy has been intermittency. It has been the moonshot challenge of our time. How can we power a world that never sleeps with energy sources that do? How can we transform renewable resources into reliable power? Today, we have an answer. Excellencies, colleagues and friends, I am pleased to announce the launch of the world’s first renewable energy facility capable of providing renewable energy, at scale, around the clock.
“In partnership with the Emirates Water and Electricity Company, Masdar is combining 5.2GW of solar capacity with 19GW hours of storage to produce 1 GW of uninterrupted clean power. This will, for the first time ever, transform renewable energy into baseload energy,” HE Dr. Sultan added.
Calls for a diversity of energy options to meet the world’s future energy demands
He highlighted the power surge being created by the three global megatrends, and particularly the growth in AI, creating unprecedented demands on power production.
“Before AI took off, power demand was already on track to grow from 9,000 to over 15,000GW by 2035. But with apps like ChatGPT growing by half a billion visits every month and using ten times as much energy as a google search, demand by 2050 could reach as high as 35,000 GW. We are talking about a 250 percent increase.
I am sure you would all agree that no single source of energy can meet this demand.”
HE Dr. Al Jaber outlined the need for a diversity of energy options to ensure energy security and energy access for billions. In this regard he noted the newest addition to Abu Dhabi’s diversified energy portfolio, XRG. XRG is an energy investment company that will help respond to emerging energy needs across the entire value chain, including gas, chemicals, low carbon fuels and diverse energy infrastructure to ensure all energy- electrons and molecules- can get to the end user.
“In a world where a billion people still lack access to energy, we need to have a diversity of energy options. And allow me to be clear, policies and regulations that prematurely reduce those options are just self-defeating. Simply put, we need an and-and approach.
Highlighting the Zayed Sustainability Prize that puts people at the heart of progress
HE Dr. Al Jaber emphasized the importance of placing people at the heart of progress for the benefit of lives and livelihoods as embodied by the Zayed Sustainability Prize.
“The nexus of next means putting people at the heart of progress. It means uniting to address global challenges.
And it means recognizing that no discovery is worth making unless it helps humanity and improves lives. That is what the Zayed Sustainability Prize is all about. Thanks to the Prize, every day, somewhere in the world, a village drinks clean water for the first time. A child is able to study under solar-powered light. A farmer harvests crops from land that was once barren. This continues the legacy of Sheikh Zayed, who believed that the future we are creating is not just about generating power — it's about empowering people.”
Setting a new path which unlocks growth, driving prosperity and unprecedented economic opportunity
In closing, Dr Sultan appealed for unity in charting a new path and new narrative that unites energy access and sustainability, calling for a new approach and new ways of thinking.
“For too long we have been trapped in a false choice between energy access and sustainability. This 'either-or' thinking is paralyzing progress. It is time to change the narrative. The truth is, energy and sustainability are not opposing forces. They are essential partners. The choice is not between two paths - it's about creating a new path, together. A path that unlocks growth, drives prosperity and unleashes unprecedented economic opportunity. A path that delivers the nexus of next.”
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.
22 NOV 2024
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Silk Road Fund intends to invest up to RMB 20 billion (equivalent to USD 2.8 billion) in projects alongside Masdar
Collaboration will focus on projects primarily in the developing world and global south
Aligns with Silk Road Fund’s goal to provide investment and financing support for sustainable development in Belt and Road countries and 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.
The MoU was signed at COP29 by Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi and the Silk Road Fund Chairwoman, ZHU Jun.
Under the MoU, Masdar and Silk Road Fund will establish a strategic partnership to pursue co-investment opportunities in renewable energy projects developed, invested in or operated by Masdar. Silk Road Fund plans to invest up to RMB 20 billion (equivalent to USD 2.8 billion) in projects alongside Masdar.
Masdar has significant investments in the Middle East, Central Asia, Southeast Asia and Africa, many of which are participants in the Belt and Road Initiative. The company will continue to invest in these regions as part of its strategy to reach 100GW renewable energy capacity by 2030.
SRF’s renewable power portfolio totals more than 7GW in Belt and Road regions, including the Middle East, Africa, Southeast Asia and Latin America. SRF honors its sustainablility philosophy by working with top-notch strategic and financial partners to help realize the United Nation’s vision of sustainable development.
Commenting on the MoU, Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi said:
This collaboration between two companies with significant investments in renewable energy projects in emerging markets and the global south will provide a major impetus to efforts to advance the energy transition. We look forward to a successful and rewarding partnership with Silk Road Fund.
Silk Road Fund’s Chairwoman, Zhu Jun said:
The UAE is a key Belt and Road Initiative participant and one of the most important investment and trading partners for China. The partnership between Silk Road Fund and Masdar is a strong testament to both parties’ commitment to the development of sustainable energy on a global scale, and will act as an enabler to help further strengthen investment collaboration between the two countries. We look forward to working with Masdar as well as other partners to jointly build ‘the Green Silk Road’ in the decades to come.
The BRI connects Asia, Europe, Africa and other parts of the world through a network of infrastructure and trade projects. It serves as a vital link to bolster economic, trade, and investment interactions among the participating countries and regions.
The UAE has been an active partner in the BRI since the initiative was launched and has already invested $10 billion in a joint China-UAE investment fund to support BRI projects in East Africa.
Since its establishment in 2006, Masdar has been a key enabler of the UAE’s vision as a global leader in sustainability and climate action. The company has developed and partnered in projects in over 40 countries, with a mandate to increase its renewable energy portfolio capacity to 100GW by 2030 and to become a leading producer of green hydrogen by the same year. It has set a target of 1 million tonnes per annum of green hydrogen or equivalent derivatives in the UAE and globally within a decade.
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