The consortium comprising France’s TotalEnergies, Japan’s Toyota Tsusho and Saudi Arabia’s Altaaqa Renewable Energy (Zahid Group) has reached a major milestone with the Commercial Operations Date (COD) of its 112-megawatt (MW) solar PV power plant in Wadi Ad-Dawasir, Saudi Arabia. Built by SEPCO, a subsidiary of Power China, and commissioned on July 21, the plant is TotalEnergies’ first renewable project in Saudi Arabia. It powers more than 15,000 homes. The electricity produced is sold to the Saudi Power Procurement Company through a Power Purchase Agreement (PPA). This project is part of Round 3 of the National Renewable Energy Program (NREP)…
Author: Chitrika
Terra-Gen, one of the largest independent, integrated renewable energy producers in the United States, jointly owned by Masdar and Igneo Infrastructure Partners, commissioned the Monte Cristo I Windpower Project.The 238.5-megawatt facility, located in Hidalgo County, Texas, will generate more than 850 gigawatt-hours of clean electricity annually, equivalent to powering approximately 81,000 homes a year. The facility’s capacity has been contracted to two corporate buyers through long-term power purchase agreements.A ribbon-cutting ceremony at the site marked the milestone, bringing together companies’ representatives, local officials, and members of the community. About The Project Construction of the Monte Cristo I Windpower project created…
Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East, and Africa, has announced its financial results for the nine months ending 30 September 2025. TAQA made strong progress toward its international growth targets during the period, advancing key investments across the power and water value chain in core and new markets. For the nine months, TAQA delivered Group revenues of AED 42.7 billion, a 2.9% increase compared to the same period last year, primarily driven by higher pass-through revenue in the Transmission and Distribution (T&D) segment. While revenue growth…
Abu Dhabi Future Energy Company PJSC – Masdar, has signed a Battery Storage Service Agreement with JSC Uzenergosotish, Uzbekistan’s state-owned joint-stock company, to develop a standalone battery energy storage (BESS) project. The Zarafshan BESS forms the first phase of a national battery storage program following Masdar’s December 2023 agreement with Uzbekistan’s Ministry of Energy and Ministry of Investments, Industry and Trade to develop up to 575 megawatts (MW) / 1.15 gigawatt-hours (GWh) of BESS capacity across the country. Phase 1, which will be capable of storing up to 300MW / 600MWh of electricity, equivalent to powering approximately 1.3 million households…
On the road to zero emissions, global logistics leader A.P. Moller – Maersk (Maersk) and consumer goods giant Unilever are joining forces to launch their first electric van in Saudi Arabia. This initiative is an important milestone in decarbonising logistics operations in the Kingdom, supporting Saudi Vision 2030 objectives to reduce carbon emissions by 278 million tonnes annually and increase renewable energy usage to 50%. This launch is the beginning of a broader transformation. Both companies aim to scale electric mobility across Saudi operations and explore additional innovations, including solar-powered warehousing and intermodal transport solutions. Driving Decarbonisation in Jeddah The…
OMV, Austria’s integrated energy, fuels, and chemicals company, and Masdar, a global clean energy leader, have signed a binding agreement to establish a joint venture (JV) for the financing, construction, and operation of the 140 MW green hydrogen electrolyzer plant in Bruck an der Leitha, Austria.This landmark project will be one of Europe’s largest green hydrogen production facilities and marks a major step in OMV’s commitment to decarbonizing its Schwechat refinery and accelerating the energy transformation. Construction of the facility began in September 2025, and it is expected to be operational in 2027. The partnership lays the foundation for a…
Envision Energy, a global leader in green technology, entered a seven-year Framework Agreement with ACWA Power, a private water desalination company. Under this collaboration, the company is in the energy transition and a first mover into green hydrogen. Under the agreement, Envision Energy partners with ACWA Power’s upcoming projects in Saudi Arabia, Uzbekistan, and the Central and Eastern Asian regions. The partnership establishes a comprehensive framework to accelerate renewable energy development across Saudi Arabia, Uzbekistan, China, and other strategic markets through wind turbine supply, technological cooperation, and operational maintenance. This collaboration will drive innovation in wind turbine performance, enhancing efficiency,…
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has been awarded two solar photovoltaic (PV) projects, with a combined capacity of 2 gigawatts (GW), under the sixth round of bidding in the Kingdom of Saudi Arabia’s National Renewable Energy Program (NREP). The Independent Power Producer (IPP) projects, for the 1,400-megawatt (MW) Najran plant and the 600MW Ad Darb facility, will be developed on a build, own, and operate (BOO) basis, with a 25-year power purchase agreement (PPA) signed with the Saudi Power Procurement Company (SPPC). The Ad Darb plant, which will be located in Jizan…
The Saudi Power Procurement Company (SPPC) has awarded a 400 MW solar project in As Sufun, Saudi Arabia, to a consortium of TotalEnergies and Aljomaih Energy & Water (AEW). The partners will develop, build, and operate the plant and sell the generated electricity to SPPC under a 25-year power purchase agreement (PPA). The project is expected to be connected to the grid in 2027 and will supply power to more than 68,400 homes. The As Sufun project is part of Round 6 of the National Renewable Energy Program (NREP) overseen by the Ministry of Energy, aiming to reduce reliance on…
Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, has witnessed the groundbreaking of the world’s largest combined solar power and battery storage project, capable of delivering 1 gigawatt (GW) of baseload renewable energy around the clock. Reimagining the potential of renewable energy In line with the vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, this world-first project, developed by Abu Dhabi Future Energy Company PJSC – Masdar and Emirates Water and Electricity Company (EWEC), reimagines the potential of renewable energy…