Masdar Reaches 65GW Renewables Portfolio in 2025

  • Masdar expanded its renewable portfolio to 65 GW in 2025 and committed to investing up to $35 billion over five years to reach 100 GW by 2030.
  • The company accelerated global growth through major solar, wind and storage projects across the UAE, Europe and Asia-Pacific.

Masdar announced that its renewable energy portfolio reached 65 gigawatts (GW) in 2025, up from 51GW in 2024. The achievement comes two decades after the UAE made an early strategic decision to invest in renewable energy.

Masdar said 45GW of the portfolio is operational, under construction or committed. It added that a further 20GW is in advanced development, placing the company two-thirds of the way toward its 100GW by 2030 objective.

The company plans to deploy US$30–35 billion in equity and project financing over the next five years. Masdar aims to add an average of 10GW annually and will expand through a mix of equity, green bonds and long-term project financing backed by high-quality assets.

Furthermore, Masdar holds a geographically diversified portfolio and invests across multiple renewable technologies. The company said it focuses on fast-growing and investment-grade markets.

Masdar has invested more than US$45 billion in renewable energy globally. Its investments have helped drive down technology costs, improve efficiency and address challenges such as intermittency.

Meanwhile, key developments in 2025 include significant progress in the UAE. Masdar and EWEC broke ground on the world’s first gigascale round-the-clock renewable energy project. The project integrates a 5.2 GW solar PV plant with a 19 GW/h battery storage system to provide dispatchable clean power.

In Europe, Masdar acquired 100 percent of TERNA ENERGY in Greece. It completed a €368 million solar PV acquisition in Spain with ENEL and Endesa. Masdar also reached financial close with Iberdrola on the €5.2 billion East Anglia THREE offshore wind project in the United Kingdom. The 476MW Baltic Eagle offshore wind farm in Germany became fully energized.

Masdar entered Southeast and Central Asian markets in 2025. The company signed agreements for 1GW of projects in the Philippines and a 200MW floating solar project in Malaysia. It also advanced Uzbekistan’s largest standalone battery energy storage project at Zarafshan.

Masdar strengthened its balance sheet in 2025 through the issuance of a third green bond. Total green bond issuance stands at roughly US$2.75 billion. In addition, Masdar Chairman Dr Sultan Ahmed Al Jaber said the portfolio milestone reflects the UAE’s long-term strategic decisions. He said the next phase of growth will integrate energy, advanced manufacturing and artificial intelligence.

Masdar CEO Mohamed Jameel Al Ramahi said discipline, innovation and partnership will underpin progress toward the 100GW target. He said Masdar will continue delivering competitive returns while meeting global electricity demand in attractive markets.

Leave a Reply

Your email address will not be published. Required fields are marked *