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Masdar Invests €817M in 2.5GW & 0.5GW Spanish Solar+BESS in Abu Dhabi

Last Update 26 July 2024

Abu Dhabi's Masdar will invest €817 million to acquire a 49.99% stake in 2.5 GW of Spanish renewable assets from Endesa, marking one of Spain's largest renewable deals. The acquisition includes 48 solar plants and plans for a 500 MW battery storage system. This move supports Spain's climate goals and strengthens Masdar's European presence.

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2023

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Foundation laid for 630 MW solar project in MP's Chhatarpur district.

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