Once operational, the eight projects, which include solar photovoltaic (PV) and onshore wind technologies, will have a combined capacity of more than 1 gigawatt (GW), enough to supply approximately 223,000 households and offset 1.8 million tonnes of carbon dioxide each year. They represent a significant expansion in Masdar’s growing European portfolio.
- Agreement marks a significant expansion of Masdar’s European renewable energy portfolio
- Projects in Poland are expected to come online between 2026 and 2030 and will have a total combined capacity of more than 1GW
- Project on eight sites will operate a hybrid of solar photovoltaic (PV) and onshore wind to maximize grid allocation
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, today announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finnish-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios Masdar is targeting a portfolio with a capacity of more than 100GW by 2030; with ambitions to double that in the years to come.
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