Masdar Reaches 65 GW of Renewable Energy Capacity

Tashkent, Uzbekistan (UzDaily.com) — Abu Dhabi Future Energy Company PJSC, better known as Masdar, a global leader in clean energy, announced that the total capacity of its renewable energy portfolio has reached 65 gigawatts (GW), up from 51 GW in 2025. This milestone marks twenty years since the UAE made the strategic decision to invest in renewable energy at its early stages of development.

Of the total portfolio, 45 GW are operational, under construction, or fully committed, while an additional 20 GW are in advanced project development. This positions Masdar to achieve two-thirds of its target of 100 GW by 2030.

For the next phase of growth, the company plans to invest an additional US$30–35 billion through a mix of equity and project financing, adding an average of 10 GW of new capacity per year. Portfolio expansion will be funded through a balanced combination of equity, green bonds, and long-term project financing secured by high-quality assets.

Masdar intends to maintain a diversified portfolio both geographically and technologically, focusing on markets with high growth potential and strong investment reliability. Long-term partnerships and innovation have enabled the company to reduce costs, improve efficiency, and overcome structural challenges such as generation intermittency, making renewable energy the fastest and most economically viable way to expand generation capacity.

In 2025, Masdar completed several major projects and deals that further strengthened its global footprint. In the UAE, together with EWEC, it began construction of the world’s first gigawatt-scale 24/7 renewable energy project, combining a 5.2 GW solar plant with a 19 GWh energy storage system to provide scalable clean energy output.

In Europe, Masdar finalized the acquisition of TERNA ENERGY in Greece, strengthened partnerships with ENEL and Endesa in Spain through the acquisition of a solar power plant valued at €368 million, and achieved financial close with Iberdrola on the £5.2 billion East Anglia THREE offshore wind project in the UK. In Germany, the offshore wind portfolio was expanded with the 476 MW Baltic Eagle wind farm.

Outside Europe, Masdar entered high-growth markets in Southeast and Central Asia, signing projects totaling 1 GW in the Philippines, a 200 MW floating solar project in Malaysia, and the largest standalone battery energy storage system in Uzbekistan, located in Zarafshan. In 2025, the company also strengthened its balance sheet with the issuance of a third green bond, bringing the total issuance to approximately US$2.75 billion.

His Excellency Dr. Sultan Ahmed Al Jaber, Chairman of Masdar, stated: “Twenty years ago, His Highness Sheikh Mohamed bin Zayed Al Nahyan made the bold strategic decision to invest in renewable energy long before it was proven at scale. Today, 65 GW demonstrate that visionary leadership and a clear strategy make the impossible possible. The next growth phase will be defined by the convergence of energy, advanced manufacturing, and artificial intelligence, creating smarter systems, stronger industries, and more sustainable economies.”

Masdar CEO Mohamed Jameel Al Ramahi added: “The first twenty years of our company were defined by ambition, discipline, innovation, and partnership. These same principles will guide us to our 100 GW goal, delivering returns for shareholders and prosperity for our partners. Global electricity demand is rapidly increasing, and Masdar is fully prepared to meet it in the most promising and commercially attractive markets.”

Since its founding in 2006, Masdar has developed and invested in renewable energy projects in more than 40 countries, contributing to energy security, economic diversification, and sustainable development worldwide.