President of Uzbekistan attends inauguration ceremony for Nur Navoi Solar, Uzbekistan’s first successfully-financed independent power producer (IPP) solar project and first utility-scale solar plant. 100-megawatt plant has begun energization to support Uzbekistan’s renewable energy targets ABU DHABI : Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has […]
Masdar JV Achieves Financial Close On Indonesia’s First Floating Solar Plant
Set to be the largest of its kind in Southeast Asia and one of the largest in the world, the plant is being built on the Cirata reservoir in the West Java Province. UAE-based renewable energy company Masdar and its partner PT PJBI announced today that their joint venture (JV) has achieved the financial close […]
Masdar to Build 145 MW Floating Solar Plant in Indonesian Reservoir
UAE renewable energy company Masdar is to build a 145MW floating solar plant in Indonesia, which is expected to begin commercial operation by the end of 2022. Masdar announced on Tuesday that it had reached financial close with PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, for the Cirata Floating Photovoltaic Power […]
Abu Dhabi’s Masdar Starts Construction At Indonesia’s First Floating Solar Power Plant
Masdar is taking its clean energy message and investments to new markets. Dubai : Masdar, the Abu Dhabi renewable energy giant, has confirmed that funding for Indonesia’s Cirata Floating Photovoltaic Power Plant is now complete and construction has begun. The plant, set to be the largest floating solar venture in the world, is being built […]
Masdar to Develop Two Solar Power Projects in Uzbekistan
The UAE’s clean energy firm Masdar announced Tuesday that it is expanding its footprint in Uzbekistan, with the signing of agreements to develop two photovoltaic (PV) power projects in the country for a combined capacity of 440 megawatts. Sardor Umurzakov, Deputy Prime Minister and Minister of Investments and Foreign Trade of Uzbekistan, signed the Investment […]
UAE’s Masdar Picked to Develop $174M Solar Project in Armenia
Energy project will be developed on a design, finance, build, own, and operate basis with Masdar holding a 85% stake. The Government of Armenia has selected Abu Dhabi-based clean power major Masdar as the winning bidder for the tender for a utility-scale solar project. The 200-megawatt (MW) plant will be located in the Talin and […]
Masdar Wins Tender For 200 MW Solar Project in Armenia
The government of Armenia has selected UAE-headquartered clean energy company Masdar as the winner of a 200 MW utility-scale solar project tender. The tender was part of the Joint Development Agreement signed between Masdar and Armenian National Interest Fund CJSC (ANIF) in November 2019, to develop renewable energy projects with a total capacity of 400MW […]
Masdar Signs Deal to Install 2 GW of Solar Power Plants in Iraq
Abu-Dhabi-based solar energy specialist Masdar signed a deal last week to provide more than 2GW of photovoltaic projects in Iraq. The projects will form part of Iraq’s plan to mitigate its chronic energy shortages and capitalise on its reliably sunny climate by installing up to 10GW of solar power projects by 2025. The scheme also […]
Adnoc Eyes Masdar Stake in Mega Abu Dhabi Renewables Deal
Abu Dhabi’s state oil company is considering an investment in renewable energy developer Masdar, in what could be one of the green power industry’s largest deals this year, people familiar with the matter said. Abu Dhabi National Oil Co. is in preliminary talks to acquire a significant minority stake in Masdar, according to the people, […]
Iraq Inks Deal With UAE Firm to Produce Renewable Energy
Iraqi Oil Minister Ihsan Abdul-Jabbar Ismail announced the signing of an agreement with Masdar, a renewable energy developer based in the United Arab Emirates (UAE), to establish a solar energy project. Baghdad, Iraqi Oil Minister Ihsan Abdul-Jabbar Ismail announced the signing of an agreement with Masdar, a renewable energy developer based in the United Arab […]