These achievements reflect the commitment to expand their renewable energy portfolio while promoting global energy transformation.
Since its establishment in 2006, Masdar has been a key facilitator of the Eau vision as a world leader in sustainability and climatic action.
Masdar renewable energy investments
The company has developed and associated with projects in more than 40 countries, with the mandate to increase its renewable energy portfolio to 100GW by 2030.
MASDAR helps to accelerate the development and support the EAU’s ambition to become the largest developer, owner and operator in the world of renewable energy and green hydrogen.
It also helps countries worldwide achieve their climate neutrality plans, while increasing the production capacity of their 51GW project portfolios at the end of 2024.
The growth of Masdar was advanced by historical acquisitions in Greece, Spain and the United States, strengthening the presence of the company in Europe and North America, as well as in the path of seven important projects worldwide.
These included two Bess projects in the United Kingdom, two solar projects in Azerbaijan with a combined 760mw capacity and the 1.5GW solar project to Ajban in the EAU.
In addition, Masdar announced the financial closure of six projects, including the 1.1GW solar plant to Henakiyah and the sustainable Amaala de Amaala project in the kingdom of Saudi Arabia, as well as solar projects of 760MW.
The energy giant also signed an energy purchase agreement in December 2024 for the 2GW Sadawi project in Saudi Arabia, and inaugurated the 500MW Zarafshan wind farm in Uzbekistan, now the largest operation in Central Asia.
