UAE breaks ground on Dh22bn solar and battery storage project
Developed by Masdar in partnership with EWEC, the project will deliver 1GW of clean, continuous baseload power at a competitive tariff.
 
                    24 October 2025
24 October 2025
Developed by Masdar in partnership with EWEC, the project will deliver 1GW of clean, continuous baseload power at a competitive tariff.
The EBRD’s loan will allow Ignitis to finalise the implementation of its 314MW wind farm in Kelmė, western Lithuania.
This initiative marks the first corporate offtake agreement for a CCS-enabled power plant.
The solar project will have a generating capacity of more than 50MW.
A location's comparative advantage is now less important than its strategic advantage, Economic Security Forum CEO Mikael Wigell argues.
The EBRD’s loan will allow Ignitis to finalise the implementation of its 314MW wind farm in Kelmė, western Lithuania.
This initiative marks the first corporate offtake agreement for a CCS-enabled power plant.
The solar project will have a generating capacity of more than 50MW.
 
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