TAG: "Masdar"

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ReNew Energy Receives USD 2.82 Billion Proposal from Consortium to Go Private

ReNew Energy Global Plc has received a non-binding USD 2.82 billion offer from a consortium led by Masdar, CPP Investments, ADIA, and Founder Sumant Sinha to take the company private, reflecting significant interest in India's renewable energy sector

Masdar | December 12, 2024 | By EI News Network | 663

Masdar Acquires 70 Percent Stake in Terna Energy

Masdar has acquired a 70 percent stake in Terna Energy, Greece's renewable energy leader, for EUR 3.2 billion. The deal boosts Masdar's European portfolio, aligning with its 100 GW global target by 2030, and supports Greece's clean energy transition.

Masdar | November 29, 2024 | By EI News Network | 474

Masdar and Silk Road Fund Partner to Invest USD 2.8 Billion in RE Projects

Masdar and China’s Silk Road Fund have signed an MoU to co-invest up to USD 2.8 billion in renewable energy projects across Belt and Road Initiative countries, advancing sustainable energy transitions in emerging markets.

Masdar | November 26, 2024 | By EI News Network | 575

Masdar, SOCAR Green and ACWA Power Join Hands to Develop 3.5 GW Offshore Wind Projects in Azerbaijan

Abu Dhabi-based renewable energy company Masdar has signed an MoU with Saudi-based ACWA Power and SOCAR Green, a subsidiary of Azerbaijan's state oil company SOCAR to develop 3.5 GW of offshore wind projects in the Azerbaijan section of the Caspian Sea. It would be the country’s first offshore wind farm.

Masdar | November 15, 2024 | By Mrinmoy Dey | 570

Masdar Signs Agreement With Ministry of Energy Uzbekistan to Develop 1GW Wind Farm

This new wind farm will create 1,000 jobs during construction and 60 jobs during operation. Once completed, it will deliver clean energy to 300,000 homes in the region.

Masdar | November 15, 2024 | By News Bureau | 461

Azerbaijan Unveils 6 GW Renewable Energy Target by 2030

Azerbaijan aims to develop 6 GW of renewable energy by 2030, focusing on solar, wind, and hydropower. The key partnerships with Masdar and BP, alongside plans for European energy exports, highlights the country's renewable energy ambitions.

Masdar | November 14, 2024 | By EI News Network | 413

Masdar, Sarawak Energy, and Gentari Team Up for Malaysia's Large-Scale Floating Solar Project

Masdar, Sarawak Energy, and Gentari signed a partnership to assess a large-scale floating solar project at Malaysia's Murum Hydroelectric Plant. The initiative aligns with Malaysia’s renewable goals, aiming to drive clean energy growth and regional collaboration.

Masdar | November 07, 2024 | By EI News Network | 1209

Masdar, EDF, and Nesma Form Joint Venture for 1,100 MW Saudi Solar Project

The European Commission approved a joint venture between Masdar, EDF, and Nesma to develop a 1,100 MW solar plant in Saudi Arabia. The project will focus on power generation, transmission, and distribution, enhancing renewable energy efforts.

Masdar | October 21, 2024 | By EI News Network | 885

Acwa, Total, Masdar Compete for Oman’s Key Wind Energy Projects

Nama Power and Water Procurement Company (Nama PWP) has shortlisted global developers, including Acwa Power and Masdar, for five large-scale wind energy projects in Oman. These projects aim to boost renewable energy capacity, contributing to Oman’s 2030 green energy and carbon reduction goals.

Masdar | September 23, 2024 | By EI News Network | 639