Masdar, a UAE-based renewable energy developer, and Global South Utilities (GSU), part of Resources Investment, expanded their international solar activities across Asia, Africa, and Europe in 2025. According to Masdar, it acquired a 49.99% stake in four Endesa solar plants in Spain totaling 446 MW, while also signing agreements with PT PLN in Indonesia for floating solar projects, including development at the Jatigede Dam. Masdar confirmed it has reached financial close with partners GD Power and Korea Electric Power Corporation on Saudi Arabia’s 2 GW Al Sadawi solar project, alongside a rooftop project in Misk City, Riyadh. Meanwhile, GSU advanced renewable energy projects in Madagascar, Egypt, Yemen, Central African Republic, and Comoros to expand regional power generation capacity and strengthen clean energy infrastructure.