Iraq & Masdar push forward 1 GW solar expansion
Iraq and Masdar held talks to speed up 1 GW solar projects in Maysan, Dhi Qar, and Anbar, focusing on finalising PPAs and solving project issues.
Iraq and Masdar held talks to speed up 1 GW solar projects in Maysan, Dhi Qar, and Anbar, focusing on finalising PPAs and solving project issues.
Greece’s TERNA ENERGY was fully acquired by UAE-based Masdar, supporting Greece’s energy plan and the EU’s 2050 net zero goal with 6 GW targets.
Shanghai Electric partnered with Masdar, GD Power, and Kepco for the 2 GW Al Sadawi solar IPP in Saudi Arabia, targeting operations by Q2 2027.
Indonesia’s PLN and Masdar signed UAE agreements to develop Jatigede floating solar and explore Cirata plant expansion after regulatory changes.
Enel, Endesa sold 49.99% stake in EGPE Solar 2 to Masdar for €184 million, covering 446 MW solar assets in Spain and deal set to close in Q2 2025.
Saeta Yield, a subsidiary of Masdar, along with Genia Solar & Solar Ventures signed a deal for Valle PV in Spain with 234 MW PV and 259 MW BESS, set to operate in 2027.
Endesa agreed to sell 49.99% of four solar plants in Spain to Masdar for €184 million, advised by BNPP, PwC, UL, Linklaters, with funding from five major banks.