Masdar (Abu Dhabi Future Energy Company)

Leadership in Clean Energy Development

This award recognises a clean energy developer that has turned two decades of global leadership into a portfolio of more than 65 gigawatts of renewable capacity, with a clear trajectory towards 100 gigawatts by 2030. In October 2025, Masdar broke ground on the world’s first gigawatt‑scale round‑the‑clock renewable energy project in the UAE, integrating a 5.2 GW solar PV plant with a 19 GWh battery energy storage system to deliver 1 GW of uninterrupted baseload power – a milestone that proves that solar can now replace conventional baseload generators such as gas turbines without compromising reliability. The same year, Masdar issued its third green bond, raising its total green bond programme to USD 2.75 billion, and expanded its project footprint to over 40 countries with USD 15 billion in global investments.

By engineering a fully dispatchable renewable baseload solution, Masdar has directly addressed the intermittency challenge that has long constrained the decarbonisation of grid‑dependent industries. Its groundbreaking round‑the‑clock project demonstrates that gigawatt‑scale clean power can now be integrated into any grid as a primary energy source, not merely a supplement. For accelerating the global transition from fossil‑based baseload to verifiable, 24/7 renewable power, Masdar receives this recognition.

Score: 92

Reference: https://masdar.ae/en/news/newsroom/masdar-reaches-65gw-as-it-celebrates-20-years-of-renewable-energy-leadership

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