Search



Masdar signs deal to set up 2GW of solar energy plants in Iraq
priest of electrical energy, and also Jameel Al Ramahi, the chief executive of Masdar. Al Ramahi commented: "This agreement will certainly define the path for the
Jun 30, 2021 // Plants, Commercial, Masdar, Asia, PV Power Plant, Al Ramahi, Iraq, Abu-Dhabi
Masdar wins Uzbekistan’s 100 MW PV tender with lowest bid of $0.027/kWh
state-owned energy company, has chosen the bid of UAE-based developer Masdar as the winner among the 23 it received for the the country’s first large-scale
Oct 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Masdar, tender, Asia, Uzbekistan, large-scale pv, International Financial Corp.
Masdar to construct 200MW Azerbaijan-based solar farm
Masdar has won the auction for development of photovoltaic installation with a capacity of 200 megawatts around 75km southwest of Azerbaijani capital. There were 7 bidders competing with UAE’s developer in three stages of the tender.  The auction was issued in the summer of 2019, which had been preceded by EBRD launching an open call for hiring a consultant to assist the Azerbaijan’s authorities in holding tenders for green power projects. Solar potential of the country was estimated at 8 gigawatts, but only 36 megawatts of photovoltaic capacity was deployed in Azerbaijan before the turn of the year 2018/19.  Today, there are two utilities dominating the country’s energy sector. These are Baku-based grid operator Azerishiq and the country’s major power producer AzerEnerji. The former is responsible for power distribution, while the latter specializes in generating and transmitting electricity.  During the new year, the government of Azerbaijan is planning to bring to operation about 600 megawatts of photovoltaic capacity and thus achieve the targeted 20-percent share of clean power in the sector. In five years from now, this value is expected to rise to 30 percent. A quarter of a century later, the ambition is to supply half of the electricity needs from green energy sources.
Jan 10, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Masdar, Europe, ACWA Power, Azerbaijan
Masdar Teams Up for Floating Solar Project Study
Masdar, a UAE-based renewable energy developer, has partnered with Malaysia’s Sarawak Energy and clean energy provider Gentari to explore the feasibility of a floating solar park in Sarawak, on Borneo island. The joint study will focus on assessing technical, environmental, and economic aspects for a potential large-scale installation at the Murum hydropower plant reservoir.If the assessment yields favorable results, the project could enhance Sarawak's renewable energy capacity and contribute to Malaysia’s goals of achieving a 31% renewable energy share by 2025 and 40% by 2035. The initiative aligns with Masdar's broader strategy to advance renewable projects in Malaysia, following a prior agreement to develop up to 10 GW of renewable energy capacity. What are the implications of the floating solar park project for Sarawak's energy goals? Implications of the Floating Solar Park Project for Sarawak's Energy Goals Increased Renewable Energy Capacity: The floating solar park could significantly boost Sarawak's renewable energy generation, helping the state meet its ambitious targets for renewable energy integration. This aligns with Malaysia's broader goals to increase the renewable energy share in its energy mix. Synergy with Existing Hydropower Infrastructure: By leveraging the Murum hydropower plant reservoir, the floating solar project can operate alongside existing hydropower resources, optimizing land use and enhancing overall energy efficiency in the region. Diversification of Energy Sources: The project introduces solar energy into Sarawak’s energy mix, reducing reliance on traditional fossil fuels and promoting energy diversification. This can also help stabilize energy prices by mitigating fluctuations caused by fuel market volatility. Environmental and Ecological Benefits: Floating solar panels can reduce water evaporation from reservoirs, which is particularly important in tropical regions where water conservation is critical. Moreover, when properly designed, these systems can have lower ecological footprints compared to land-based solar farms, preserving local ecosystems. Economic Opportunities: The construction and operation of the floating solar park can create jobs and stimulate local economies. This may involve workforce training in renewable energy technologies, thereby enhancing local capabilities and creating skilled employment opportunities. Attraction of Foreign Investment: Collaborations with international companies such as Masdar can attract further foreign investment in Sarawak’s renewable energy sector. This presents opportunities not only for funding but also for technology transfer and capacity building. Promotion of Sustainable Development Goals (SDGs): By advancing renewable energy projects, Sarawak can contribute to several United Nations Sustainable Development Goals, including Affordable and Clean Energy (Goal 7), Climate Action (Goal 13), and Decent Work and Economic Growth (Goal 8). Scaling Up Future Projects: Success in the feasibility study and subsequent implementation of the floating solar park can serve as a model for future renewable energy projects in Sarawak and across Malaysia. This may encourage similar initiatives in other regions, further enhancing the country's renewable footprint. Resilience to Climate Challenges: By investing in renewable energy sources like solar, Sarawak can enhance its resilience to climate change and extreme weather events, reducing vulnerability to power outages caused by climate impacts that affect traditional energy sources. Community Engagement and Support: The project can foster community awareness and support for renewable energy initiatives through educational programs and stakeholder engagement, ensuring that local populations are informed and involved in the transition towards sustainable energy solutions. Technology Development and Innovation: The floating solar park presents an opportunity to innovate in renewable technology, potentially leading to advancements in solar efficiency, energy storage, and grid integration that can benefit not just Sarawak but the broader region. In summary, the floating solar park initiative has the potential to significantly impact Sarawak's energy goals by augmenting renewable generation, promoting sustainable practices, and facilitating economic growth and community involvement in the transition to a greener energy future.
Nov 12, 2024 // Plants, Large-Scale, Commercial, Floating PV, Masdar, Malaysia, Asia, PV Power Plant
Masdar Consortium Secures Major 2-GW Saudi Solar Project
consortium led by UAE-based Masdar, alongside GD Power from China and Korea Electric Power Corporation (KEPCO), has secured the development rights for the 2-GW Al
Nov 19, 2024 // Plants, Large-Scale, Commercial, Masdar, Solar Project, Saudi
Masdar, EDF Renewables and partners eye 1.2 GW of solar in Indonesia for power exports to Singapore
Dhabi-headquartered renewables business Masdar claimed it has actually authorized a memorandum of understanding (MOU) with France's EDF Renewables,
Jan 19, 2022 // Plants, Large-Scale, Markets & Finance News, Masdar, Asia, Singapore, Indonesia, EDF Renewables, renewables export, PT Indonesia Power, Tuas Power
Masdar places cheapest bid in 200-MW solar tender in Uzbekistan
table. Bidder Proposed capacity (MW) Tariff quoted (USD per MWh) Masdar 457 18.045 Jinko Power/China Power 500 21.621 Acwa
May 18, 2021 // Plants, Markets & Finance News, Masdar, tender, Asia, Uzbekistan, Abu Dhabi
Masdar JV to construct 120MW solar park on capped UAE garbage dump
endeavor in between UAE-based waste management business Bee'ah, as well as Masdar. It is the very first time a UAE garbage dump will be converted into a solar
Jan 22, 2021 // Plants, Mohamed Jameel Al Ramahi, Masdar, UTILITY-SCALE SOLAR, Asia, UAE, waste, abu dhabi sustainability week, Khaled Al Huraimel
Masdar to include 3 GW of renewables in Angola, Uganda
in Africa by 2035. The three nations are not the only African nations where Masdar has enthusiastic renewable energy plans. In August 2022, the Abu Dhabi-based
Jan 23, 2023 // Plants, Masdar, Africa, Angola, Uganda
Masdar's Uzbekistan Solar Plants Power Up Grid
Masdar's 511-MW solar duo in Uzbekistan, consisting of the Samarkand and Jizzakh solar power plants, has connected its first units to the local grid for power generation. The project, developed and built by Masdar and contracted by a subsidiary of Dongfang Electric Corporation, is expected to produce 1.12 TWh of clean power per year, enough to meet the needs of 240,000 homes. Trina Solar Co Ltd provided its Vanguard 1P trackers for the project, marking its second major project in Uzbekistan after the Navoi solar power plant in 2021.The announcement of the connection of the first units to the grid was made by Trina Solar Co Ltd on Wednesday. The solar power plants in Uzbekistan are part of Masdar's efforts to expand renewable energy projects globally and contribute to the transition to clean energy. The successful connection of the units is a significant milestone in the development of the solar site and will help in meeting the country's energy needs with clean and sustainable power. What company provided trackers for Masdar's solar project in Uzbekistan? Trina Solar Co Ltd provided its Vanguard 1P trackers for Masdar's solar project in Uzbekistan This marks Trina Solar's second major project in Uzbekistan, following the Navoi solar power plant in 2021 The trackers from Trina Solar are expected to enhance the efficiency and performance of the solar power plants in Uzbekistan The connection of the first units to the grid was announced by Trina Solar Co Ltd on Wednesday, showcasing the progress of the project Masdar's solar project in Uzbekistan is part of their global efforts to expand renewable energy projects and promote the transition to clean energy.
Mar 14, 2024 // Grids, Masdar, Asia, Uzbekistan
Masdar Boosts US Presence with Terra-Gen Stake Acquisition
Masdar has agreed to purchase a 50% stake in US renewable electricity producer Terra-Gen Power Holdings II LLC, as part of its strategy to expand its presence
Mar 20, 2024 // Markets & Finance News, USA, Masdar, North America
Masdar inks deal for phase one of 2-GW solar project in Iraq
daily The National reports that throughout phase among the 2-GW project, Masdar will certainly develop 450 MW of solar parks in the southerly governorate of
Oct 7, 2021 // Plants, Masdar, Asia, UAE, Iraq, Solar Project
Masdar and EDF start construction deal with 300MW solar plant in Saudi Arabia
by 2030. Along with the solar partnership, EDF Renewables as well as Masdar are partnering on a 400MW wind ranch in Saudi Arabia that is readied to be
Apr 12, 2021 // Plants, Masdar, Saudi Arabia, PPA, EDF, Asia, power purchase agreement, middle east, EDF Renewables, Bruno Bensasson
BP, ADNOC and Masdar collaborate in multi-billion dollar financial investment offer for clean and low carbon power
traveling paths. The 2nd agreement will see BP and clean energy company Masdar explore chances to create, build and operate sustainable power and wheelchair
Sep 20, 2021 // Plants, Markets & Finance News, Masdar, Asia, hydrogen, UAE, bp, adnoc, CCUS
Bid of US$0.027/kWh sees Masdar bag 100MW solar contract in Uzbekistan
developer Masdar Clean Energy has been awarded a 100MW project in Uzbekistan’s first competitive solar tender after submitting a bid of US$0.027/kWh.
Oct 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, tender, Asia, auction, world bank, Uzbekistan, Djamshid Kuchkarov