Masdar Secures $6.1 Billion Financing for World's First Gigascale 24/7 Renewable Energy Project

Masdar has secured financial close on a $6.1 billion renewable energy project in Abu Dhabi, combining a 5.2GW solar PV plant with an advanced battery storage system (BESS) of 19GWh capacity. The initiative is backed by a consortium of banks and marks the world's first gigascale round-the-clock renewable facility.

By Shree Mishra Tue, July 14, 2026 at 11:42 AM GMT+3 2 min read · Yahoo Finance · July 14, 2026, 08:42 UTC

Topics: battery storage infrastructure financing renewable energy solar power

Read the full article at Yahoo Finance

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