Masdar
Company description
Masdar is focused on promoting the clean energy industry in Abu Dhabi and around the world, and it is a catalyst for the economic diversification of the emirate. The Mubadala Development Company, which is owned by the Abu Dhabi government, established Masdar as a wholly-owned subsidiary in 2006. Masdar is guided by The Abu Dhabi Economic Vision 2030, a program that drives new sources of income for the emirate and strengthens its knowledge-based economic sectors.
Company details
Participation in projects
Projects as Project Owners per Country ()
Projects as Project Owners per Subsector ()
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The company has not participated in any projects.
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Company updates
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March 25, 2024
Phase I of 511 MW Solar Project in Uzbekistan connected to grid
Abu Dhabi Future Energy Co, also known as Masdar has announced that the Samarkand and Jizzakh solar power plants in Uzbekistan have recently connected their initial units to the grid fo...
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February 22, 2024
Financial close achieved for 1.8 GW Solar project in UAE
Dubai Electricity and Water Authority (DEWA) and Masdar announced the financial closing of the 1800 MW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park located in Dubai, UAE.
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January 31, 2024
EPC contract awarded for 1.8 GW Solar PV project in UAE
Masdar has awarded Larsen & Toubro (L&T) an Engineering, Procurement and Construction (EPC) contract for the development of 1,800MW Phase 6 of Mohammed bin Rashid Al Maktoum Solar Pa...
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December 29, 2023
Winning bidder announced for 200 MW wind farm and 100 MW battery storage in Uzbekistan
The Ministry of Energy has announced the winning bidder for the 200 MW wind farm and 100 MW battery storage in the Karaozak and Beruniy districts, Karakalpakstan, Uzbekistan.
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December 21, 2023
Bidders shortlisted for 400 MW/400 MWh solar plus battery storage project in Morocco
The Moroccan Agency for Sustainable Energy (Masen) has published a list of the pre-qualified bidders for the Noor Midelt III a 400 MW solar plant in Morocco.
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December 07, 2023
Concession agreement signed for 150 MW solar PV project in Angola
Masdar has signed a concession agreement with Angola’s Ministry of Energy and Water to develop a 150 MW photovoltaic (PV) solar project in the Quipungo region in southern Angola.
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November 21, 2023
Masdar inaugurated 2 GW Solar PV Project in UAE
Masdar has inaugurated a 2 GW Al Dhafra single-site solar PV project in Abu Dhabi, UAE.
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November 10, 2023
Consortium signs 25-year PPA for 1.1 GW of solar capacity in Saudi Arabia
Masdar, EDF Renewables and Nesma Company have signed a 25-year power purchase agreement (PPA) with Saudi Power Procurement Co. (SPPC) to develop the US$1 billion 1.1 GW Al Henakiyah Solar Project...
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November 07, 2023
Iberdrola completes sale of 49% stake in Baltic Eagle to Masdar
Iberdrola has finalized the sale of a 49% stake in its 476 MW Baltic Eagle offshore wind farm to United Arab Emirates-based renewable energy developer Masdar. Iberdrola has acquired a...
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October 09, 2023
Agreement signed to develop 60 MWp solar plant in Sharjah
Sharjah National Oil Corporation (SNOC) and Emerge, the joint venture between Masdar and EDF Group, have concluded a Solar Power Agreement to develop the largest solar plant to date in Sharj...
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