Masdar's Renewable Energy Projects in UAE and Beyond
Key Ideas
- The Al Ajban solar project in Abu Dhabi, UAE, led by EDF Renewables Middle East, Masdar, and KOWEPO, will generate 1.5 GW of electricity, powering 160,000 homes and reducing 2.4 million tons of CO2 annually.
- Masdar, with a 60% stake in the Al Ajban project, aims to advance various renewable energy technologies, including solar, wind, geothermal, battery storage, and green hydrogen, aspiring to reach a 100 GW renewable energy portfolio and be a leading green hydrogen producer by 2030.
- Masdar continues its ventures globally, signing agreements for wind energy projects in Kazakhstan and the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.
- KOWEPO, in partnership on the Al Ajban project, is focusing on expanding its presence in renewable energy, targeting 25% of its production from renewables by 2030, with investments in solar and wind projects.
Construction has begun on the 1.5 GW Al Ajban solar project in Abu Dhabi, UAE, a collaboration between EDF Renewables Middle East, Masdar, and KOWEPO. This project, comprising over 3 million solar panels on trackers, will supply electricity to 160,000 homes and cut CO2 emissions by 2.4 million tons yearly upon completion in Q3 2026. Masdar, holding a majority stake, is driving a renewable energy agenda that includes solar, wind, geothermal, battery storage, and green hydrogen technologies to achieve a 100 GW portfolio and lead green hydrogen production by 2030. Masdar's recent partnerships include ventures in Kazakhstan and Dubai, such as wind energy and solar park projects. Additionally, EDF Renewables and KOWEPO, partners on the Al Ajban venture, are actively investing in renewable energy, aiming to have a quarter of their production from renewables by 2030. These initiatives align with the UAE's Net-Zero by 2050 strategy, showcasing a positive momentum towards sustainable and green energy solutions.