# Masdar renewable financing expansion

> Live situation record from CLSTR: https://clstr.news/situations/masdar-renewable-financing-expansion
> Updated: 2026-08-03T11:12:26.000Z. Sources: 2. Developments: 2.

In July 2026, Abu Dhabi’s Masdar and Emirates Water and Electricity Company closed a $5.1 billion debt package for a 5.2 GW solar‑plus‑storage project in Abu Dhabi, the world’s first 24/7 renewable power plant. Construction began in October 2025 with commercial operation slated for 2027, marking a milestone in large‑scale, bankable renewable infrastructure for the UAE’s clean‑energy goals.

A few weeks later, in August 2026, Masdar announced a £97 million financing round for its UK battery‑energy‑storage portfolio, covering 205 MW of capacity across sites in Rochdale, Cardiff and Chesterfield. This funding follows the commissioning of a 20 MW/40 MWh system in Stockport and is part of Masdar’s broader £1 billion commitment to the British market, underscoring its strategy to expand battery storage internationally.

## Timeline

### 2026-08-03: Masdar secures £97 million for UK battery storage; Ola Electric eyes 20 GWh in India

Masdar secured £97 million for UK battery storage projects totalling 205 MW, while Ola Electric partnered with Axis Energy to explore up to 20 GWh of storage in India by 2032.

2 sources. https://clstr.news/cluster/masdar-secures-97-million-for-uk-battery-storage-ola-electric-eyes-20-gwh-in-india

### 2026-07-13: Masdar secures $5.1 bn financing for world’s first 24/7 renewable power project in Abu Dhabi

Masdar and EWEC closed a $5.1 bn debt deal for a $6.1 bn 5.2 GW solar‑plus‑19 GWh battery project in Abu Dhabi, slated to deliver 1 GW of continuous clean power from 2027.

7 sources. https://clstr.news/cluster/masdar-secures-51bn-financing-for-abu-dhabis-247-renewable-power-project

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Cite as: Masdar renewable financing expansion. CLSTR, https://clstr.news/situations/masdar-renewable-financing-expansion