Skip to content Skip to Search
Skip navigation
Renewable Energy
Company Insights

Masdar

Renewable Energy

Masdar News

Machine, Motor, Engine

Masdar weighs stake in TotalEnergies’ Portuguese assets

Abu Dhabi renewable energy company Masdar is exploring the acquisition of a stake in French oil major TotalEnergies’ Portuguese renewables assets, three people with knowledge of the matter told Reuters. Any deal would likely be done through Saeta Yield, the green energy company Masdar bought last year from Canada’s Brookfield, one of the sources said. Reuters could not […]

A person working on a solar site

Shortage of ‘bankable’ green energy projects stymies investment 

While the Middle East has seen a surge in sustainable finance initiatives, investors are struggling to find commercially viable energy projects to invest in. This is particularly the case in developing nations, according to industry experts. The financial sector in the UAE has pledged to “mobilise” AED1 trillion ($272 billion) in sustainable finance by 2030.  […]

The Xinyi Glass facility in Egypt is expected to produce 1.5 million tonnes of solar panel glass annually

China to invest in solar panel glass production in Egypt

A Chinese company will reportedly invest $700 million to establish a solar panel glass manufacturing facility in Egypt. Hong Kong-listed Xinyi Glass will develop the project in the Suez Canal Economic Zone in two phases, the Egypt Today newspaper reported. The facility is expected to produce 1.5 million tonnes of solar panel glass and 1.1 […]

The proposed deal for the 450MW portfolio will further expand Masdar's operations in Spain

Masdar in talks on $200m solar power deal in Spain

Abu Dhabi renewable energy company Masdar is nearing a deal that would see it pay around $200 million for a 49.9 percent stake in a solar portfolio controlled by Spanish power utility Endesa, according to two sources familiar with the deal and a document seen by Reuters. The deal for the roughly 450-megawatt portfolio builds […]

Acwa Power workers at the Sakaka solar site in Saudi Arabia

Acwa Power bolsters renewables presence in China

Saudi Arabian energy company Acwa Power has opened a renewable-energy innovation centre in Pudong New Area in Shanghai.  The move is part of the company’s aim to expand its renewables presence in China, according to a statement. The new facility will focus on five areas: photovoltaics, wind, energy storage, green hydrogen and seawater desalination, Acwa […]

UAE President Sheikh Mohamed bin Zayed Al Nahyan presides over the annual meeting of the Adnoc board of directors in November 2024

Adnoc targets foreign listing of investment arm XRG

Abu Dhabi National Oil Company (Adnoc) is considering listing its international investment arm XRG on an exchange outside of the UAE, three people with knowledge of the matter said. This could potentially create one of the largest listed energy companies in the world. The discussions to list a minority stake of XRG, which was established late […]

UAE President Sheikh Mohamed bin Zayed Al Nahyan meets Italy’s President Giorgia Meloni during his state visit to Rome

UAE commits $40bn to support Italy’s economy

The UAE has committed to invest $40 billion in core sectors of the Italian economy, as the countries advance towards a comprehensive strategic partnership agreement (Cepa), the two nations said in a joint statement. More than 40 new agreements were signed across priority areas such as defence, energy, sustainable energy, and energy transition and space […]