GREEN JV

Masdar and TotalEnergies launch $2.2B Asian renewables venture

The joint venture will develop, own and operate solar, wind and battery projects, with 3GW of capacity already operational

KARIM SAHIB/AFP via Getty Images

An engineer walks past solar panels at the ADNOC Facility in Fujairah

Abu Dhabi’s green energy company Masdar is forming a $2.2 billion joint venture with France’s TotalEnergies, merging onshore renewable operations across nine Asian countries.

The new company will develop, own and operate solar, wind and battery projects...