Additional plans call for the signing of power purchase agreements ABU DHABI– Masdar and the Government of Ethiopia, are exploring the development of solar power projects with a total capacity of 500 megawatts (MW), along with the related grid infrastructure across Ethiopia. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Ahmed Shide, Ethiopia’s […]
UAE’s Masdar, Malaysia’s PETRONAS sign deal to explore renewable energy opportunities
Apart from Malaysia, the companies are also interested in countries in the region that have pledged to accelerate the development of renewable energy Masdar, one of the world’s leading renewable energy companies and Malaysia’s PETRONAS, a global energy and solutions company, have signed a Memorandum of Understanding (MoU) to explore renewable energy opportunities across Asia […]
UAE’s Masdar inks Petronas deal for Asia renewables push
Abu Dhabi-based clean energy major to explore renewable energy opportunities across Asia and beyond Masdar, the Abu Dhabi clean energy major, and Petronas have signed a memorandum of understanding (MoU) to explore renewable energy opportunities across Asia and beyond. The two companies have agreed to explore joint participation in a range of areas, with a […]
Masdar to pursue large-scale PV projects in Asia through deal with Petronas
Masdar has signed an agreement with Malaysian state-owned energy firm Petronas to explore the development of large-scale solar projects in Asia and the Middle East. A new memorandum of understanding will see the two companies work together to participate in solar and wind opportunities for utilities as well as commercial and industrial customers, with a […]
UAE solar capacity to increase fourfold by end of 2025 thanks to ‘robust’ development pipeline
The United Arab Emirates (UAE) is capable of reaching its renewable energy targets thanks to a “robust” development pipeline of solar projects, new research from Rystad Energy suggests. Installed solar PV is expected to increase fourfold from now to the end of 2025, increasing from its 2.1GW level to reach 8.5GW, when it will represent […]
Masdar, Taaleri SolarWind II Fund acquire two wind farms in Poland
ABU DHABI : Masdar, one of the world’s leading renewable energy companies, and Taaleri SolarWind II Fund, which invests in utility-scale wind and solar assets, have together acquired 50:50 stakes in two wind farms in Poland. The 37.4 megawatt (MW) Mlawa Wind Farm is located in Mazowieckie in northern Poland and the 14 MW Grajewo […]
Masdar marks financial close on 100MW Uzbekistan solar project
The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar programme Masdar, a subsidiary of Mubadala Investment Company has announced the financial closing of the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. Loan and guarantee agreements to finance the 100MW photovoltaic plant […]
Masdar and PT PJBI form joint venture to drive development of Indonesia’s first floating solar power plant
PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE) formed to develop Cirata Floating Photovoltaic Power Plant in West Java region – 145-megawatt (ac) plant designated as National Strategic Project by Indonesian government, recognizing its economic and social benefits to nation ABU DHABI, UAE : Masdar, one of the world’s leading renewable energy companies, and PT […]
UAE clean energy firm Masdar may invest in renewables in Israel: CEO
Dubai — UAE clean energy firm Masdar may invest in renewable projects in Israel, its CEO said Oct. 19, as the Gulf country seeks to expand its commercial ties with its partners in a peace agreement. “If the opportunity is there in Israel, we will jump into this opportunity,” Mohamed al-Ramahi told the Siemens Energy […]
Masdar scoops 64MW Egypt solar
Abu Dhabi outfit and Ib Vogt also ink agreements of intent concerning three more PV parks also located in Benban Abu Dhabi-based Masdar has acquired the 64MW Infinity 50 photovoltaic plant in Egypt from German renewables developer Ib Vogt. The companies have also signed agreements of intent concerning the purchase of Ib Vogt’s shareholdings in […]