Masdar signs agreement to advance development of 10GW of clean energy projects in Malaysia – The National

Masdar signs agreement to advance development of 10GW of clean energy projects in Malaysia – The National

Abu Dhabi clean energy company Masdar has signed an implementation road map to advance the development of 10 gigawatts of renewable energy projects in Malaysia.The projects will include ground-mounted, rooftop and floating solar power plants, onshore wind farms and battery energy storage systems, the company said on Friday.“As we begin Cop28, Masdar is spearheading the UAE’s endeavours to help achieve a just and inclusive energy transition for countries around the world,” said Dr Sultan Al Jaber, Cop28 President.“The signing represents an important progression in the partnership between the UAE and Malaysia in the development of renewable energy projects,” said Dr Al Jaber, who is also the UAE Minister of Industry and Advanced Technology and chairman of Masdar.The road map is part of an $8 billion renewable energy agreement signed by Masdar and the Malaysian Investment Development Authority(Mida) in October.Masdar, which is active in more than 40 countries, aims to expand its capacity to at least 100 gigawatts of renewable energy by the end of the decade. It is also aiming for green hydrogen production of one million tonnes a year by 2030.Mega solar power plant is inaugurated in Abu Dhabi“Our strategic collaboration with Masdar marks a significant stride towards the