In Short : Masdar and Silk Road Fund have signed a $2.8 billion Memorandum of Understanding (MoU) to advance clean energy projects. The partnership aims to foster investments in renewable energy infrastructure, supporting global sustainability goals. This collaboration strengthens ties between the UAE and China, leveraging expertise to accelerate the transition to greener, low-carbon energy […]
Masdar to acquire Terna Energy for 3.2 billion euros – EQ
In Short : Masdar is set to acquire Terna Energy for €3.2 billion. This acquisition will expand Masdar’s renewable energy portfolio and strengthen its presence in the European market, marking a significant step in global clean energy investments. In Detail : Abu Dhabi Future Energy Company (Masdar) is set to acquire Terna Energy at an […]
Masdar signs agreement to develop over 2 gw of clean energy in Uzbekistan – EQ Mag
“The world needs to triple global renewable energy capacity by 2030 to reach the goals set out in the Paris Agreement. As we prepare to host COP28 in the UAE, we believe ambitious partnerships with countries like Uzbekistan are vital in helping to meet this target.” The agreement was jointly signed in Uzbekistan by Azim […]
ADB, MASDAR to Unlock Uzbekistan’s Renewable Power Potential With 3 New Solar Power Plants – EQ Mag
TASHKENT, UZBEKISTAN : The Asian Development Bank (ADB) and Abu Dhabi Future Energy Company PJSC (Masdar) have signed three loans to build three solar power plants in Uzbekistan’s Surkhandarya (Sherabad), Samarkand, and Jizzakh regions. Together these power plants will be able to generate 897 MW, making them the region’s largest solar power development. The financing […]
Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa’s Clean Energy Objectives – EQ Mag
UAE’s global clean energy powerhouse signs deals for projects with a combined generation capacity of 5 GW across Angola, Uganda, and Zambia Agreements signed under umbrella of Etihad 7 – a global development fund launched by the UAE to provide 100 million people across African continent with clean electricity by 2035 ABU DHABI, UAE : Masdar […]
UAE’s Masdar to develop renewable energy projects in Kyrgyzstan – EQ Mag
DUBAI: Abu Dhabi renewable energy firm Masdar has signed an agreement with Kyrgyzstan’s energy ministry to develop clean energy projects with a capacity to generate 1 gigawatt (GW), it said on Tuesday. The pipeline of projects will start with a 200 megawatt solar photovoltaic plant scheduled to begin operations by 2026, Masdar said in a […]
Masdar Calls upon World Leaders to Pledge Support for Women Tackling Climate Change – EQ Mag Pro
• Masdar launches global #IAmWiSER campaign calling on policymakers, industry leaders and the general public to pledge support for women as agents of sustainable change • Campaign has backing of influential women leading the clean energy transition at highest levels of UAE government, multinational corporations, and the United Nations Abu Dhabi, United Arab Emirates : […]
Masdar Opens New Office in Saudi Arabia to Strengthen Presence in Renewable Energy Market and Support Climate Goals – EQ Mag Pro
Abu Dhabi’s flagship renewable energy company intends to bid in Saudi Power Procurement Co. Round 4 tender for projects with combined capacity of 3.3 gigawatts Company aims to add to existing projects in the Kingdom, including 400-megawatt (MW) wind farm – largest in the Middle East – and 300 MW solar power plant Masdar inaugurates […]
Masdar Acquires Arlington Energy to Advance Renewable Energy Storage Market – EQ Mag Pro
Masdar buys leading battery energy storage developer to support offshore wind and renewables investment strategy Acquisition will enable the development, construction, operational management and financing of renewable energy storage projects under Masdar-Arlington platform Abu Dhabi, United Arab Emirates : Masdar, one of the world’s leading renewable energy companies, today announced it has aquired UK-based battery […]
ADB Signs $52 Million Loan with Masdar to Build Largest Wind Power Plant in Central Asia – EQ Mag Pro
TASHKENT, UZBEKISTAN : The Asian Development Bank (ADB) and Shamol Zarafshan Energy Foreign Enterprise Limited Liability Company (SZE), a wholly owned subsidiary of Abu Dhabi Future Energy Company Private Joint Stock Company (Masdar), signed a $52 million loan agreement to finance Uzbekistan’s first wind power plant and the largest yet developed in Central Asia. The […]