Masdar is continuing to make its mark in promoting clean energy both at home and abroad.
The Abu Dhabi Future Energy Company’s renewable energy portfolio grew by 33 percent in 2018 with projects collectively reaching four gigawatts of clean energy in operation and under development across 25 countries.
The announcement was made at the recent Intersolar Middle East 2019 conference, where it was also revealed that the total electricity production of all Masdar’s solar and wind projects has reached over 10,680 GWh annually, displacing nearly 5.4 million tonnes of carbon dioxide per year.
“Masdar has been a catalyst for the renewable energy sector in the Arab world and beyond,” Yousif Al Ali, the company’s director of business growth, said during the conference.
“We delivered the region’s first solar photovoltaic plant, the 10MW solar plant in Masdar City and the region’s first concentrating solar power (CSP) plant, the 100MW Shams 1 in Abu Dhabi, which is celebrating its six-year anniversary this month.
“We look forward to continuing our support for the energy transition in the region, which is set to see a major acceleration in renewable energy deployment, as we aim to significantly grow our portfolio and expand our global footprint in the years ahead.”