Abu Dhabi clean energy company Masdar made investments “worth $15 billion” in renewable energy projects around the globe in 2025 as part of its expansion plans, according to its chief executive.
“Our main goal is to reach 100 gigawatts [of] renewable capacity by 2030 and we are more than halfway through in reaching the target,” Masdar chief executive Mohamed Al Ramahi said at the Abu Dhabi Sustainability Week media briefing on Wednesday.
Masdar, jointly owned by Taqa, Adnoc and Mubadala, is active in more than 40 countries, with a combined capacity of 51 gigawatts. It has emerged as a major global player in the past few years in renewables, with projects spanning from the Middle East and Central Asia to Europe and the US.
The company will continue to expand in the Mena region, with investment in Europe and the US also “important to us”, Mr Al Ramahi said in Abu Dhabi, without providing further details.
In December, Masdar announced its first project in Malaysia – a 200-megawatt floating solar plant valued at more than $200 million. Once complete, it is expected to provide affordable power to more than 100,000 homes.
The company also completed its first battery energy storage system (BESS) project in the UK.
The start of commercial operations in Stockport is part of Masdar’s £1 billion (
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