![[News] China Makes Breakthrough in Chip Technology, Paving the Way for Lithography Advancements – TrendForce](https://earth-news.info/wp-content/uploads/2025/11/324664-news-china-makes-breakthrough-in-chip-technology-paving-the-way-for-lithography-advancements-trendforce-360x180.jpg)
Features, Editors’ Blog, Interviews, Long Reads
The transaction is expected to close by the end of 2024. Image: Masdar
UAE state-owned renewables energy developer Masdar has acquired a 50% stake in US independent power producer (IPP) Terra-Gen from Energy Capital Partners.
The transaction is expected to close by the end of 2024. After the acquisition, Igneo Infrastructure Partners will retain its existing 50% stake in the company. Currently, Terra-Gen operates about 2.4GW of solar and wind projects and 5.1GWh of energy storage facilities across 32 sites in the US, predominantly in California and Texas.
This article requires Premium SubscriptionBasic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Regular insight and analysis of the industry’s biggest developments
In-depth interviews with the industry’s leading figures
Unlimited digital access to the PV Tech Power journal catalogue
Unlimited digital access to the Photovoltaics International journal catalogue
Access to more than 1,000 technical papers
Discounts on Solar Media’s portfolio of events, in-person and virtual
Or continue reading this article for free
Masdar first invested in the US market in 2019, boasting utility-scale solar and wind projects with a generation capacity of more than 1.4GW. The US market will “play an important role” in Masdar’s plan to build a global renewable energy portfolio of at least 100GW by 2030.
Before this acquisition, Masdar and the Dubai Electricity and Water Authority (DEWA) recently announced financial close on the 1.8GW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park with costs up to AED5.5 billion (US$1.5 billion).
DEWA is implementing the sixth phase of the solar park in cooperation with Masdar, Abu Dhabi Future Energy Company based on an independent power producer (IPP) model. Meanwhile, the sixth phase of the project has achieved the lowest levelised cost of energy (LCOE) of US$0.016 per kWh in the solar park.
PV Tech publisher Solar Media will be organising the third edition of Large Scale Solar USA Summit in Austin, Texas 1-2 May. With the Inflation Reduction Act (IRA) targeting US$369 billion for clean energy and US$40 billion for manufacturing, the solar industry has never been brighter. The IRA, securing financing for future projects or supply chain bottlenecks will be among the discussions at this year’s event. For more information, including how to attend, please go to the official website.
Nestled in Dallas, Texas, Large Scale Solar USA Summit 3rd Edition is the nexus for project developers, capital providers, utilities, asset managers, and policymakers. Dive deep into the solar industry’s transformative growth, learn from the best, and discover strategies to boost utility-scale solar deployment nationwide.
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 21-22 May 2024, will be our third PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2025 and beyond.
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : PV Tech – https://www.pv-tech.org/masdar-acquires-stake-in-terra-gen/
