UAE-Based Masdar Backs India’s Hero Future Energies with $150 Million Investment
In a significant development for the domestic renewable industry, the United Arab Emirates-based Masdar has invested around $150 million (~₹10.7 billion) in Hero Future Energies, one of the leading names ...
UAE-Based Masdar Wins Bid to Develop 100 MW Solar Project in Uzbekistan
Masdar (or Abu Dhabi Future Energy Company) has announced that it has won the bid to develop Uzbekistan’s first public-private partnership (PPP) solar project under the International Finance Corporation’s (IFC) ...
UAE’s Masdar and France’s EDF Secure Financing for 400 MW Wind Farm in Saudi Arabia
With the support of Saudi and international banks, the consortium comprising EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia ...
A Three-Member Consortium to Develop an 800 MW Hybrid Solar Project in Morocco
A consortium of EDF Renewables, Abu Dhabi Future Energy Company (Masdar) and Green of Africa has emerged as the winner of a tender for the design, financing, construction, operation, and ...
16 Companies Pre-Qualified for 500 MW of Solar Projects to be Developed in Tunisia
Tunisia has released a list consisting of 16 bidders in total for the development of 500 MW of solar projects across the country. The following companies have been pre-qualified by ...
IFC Announces Financial Package of $188 million for Jordan’s Largest Solar PV Project
The International Finance Corporation (IFC), a member of the World Bank Group, has arranged a financial package of up to $188 million for the development of a 248 MW solar ...
How Low Can It Go – Solar Tariff of $0.0178/kWh Quoted in Saudi Arabia’s First Solar Auction
The low bids submitted for a 300 MW solar PV project planned for Saudi Arabia surprised everyone recently when the lowest submitted bid for the levelized cost of energy (LCOE) ...
