masdar

Masdar has raised US$1 billion in green bond financing to support the development of new clean energy projects.

UAE state-owned renewable energy developer Masdar has reached an agreement to buy 67% stake in Greece's Terna Energy.

The development includes the 445MW Bilasuvar solar PV project, the 315MW Neftchala solar PV project, in addition to a 240MW wind project.

The World Bank and Masdar have announced a US$159 million financing package to support a 250MW solar-plus-storage project in Uzbekistan.

Azerbaijan has announced its first solar auction, for a 100MW project in the eastern municipality of Gobustan.

The Bank of China has supplied ACWA Power with a US$80 million equity bridge loan for the latter’s Tashkent solar-plus-storage portfolio.

UAE state-owned renewable energy developer Masdar has acquired a 50% stake in US IPP Terra-Gen from Energy Capital Partners.

The Samarkand and Jizzakh solar power plants use more than 11,000 Vanguard 1P trackers supplied by TrinaTracker.

Masdar and DEWA establish a joint venture, Shuaa Energy 4, to develop the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park.

Indian conglomerate Larsen & Toubro has been contracted to build a 1.8GWac solar PV project as part of Dubai's Mohammed bin Rashid Al Maktoum Solar Park.