{"id":89620,"date":"2025-04-18T00:00:00","date_gmt":"2025-04-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/masdar-taps-shanghai-electric-to-build-al-sadawi-solar-project\/"},"modified":"2025-04-18T00:00:00","modified_gmt":"2025-04-18T00:00:00","slug":"masdar-taps-shanghai-electric-to-build-al-sadawi-solar-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2025\/04\/18\/masdar-taps-shanghai-electric-to-build-al-sadawi-solar-project\/","title":{"rendered":"Masdar taps Shanghai Electric to build Al Sadawi solar project"},"content":{"rendered":"

Masdar taps Shanghai Electric for Al Sadawi solar plant: <\/strong>Abu Dhabi-based future energy company Masdar has awarded the EPC contract for its 2 GWac Al Sadawi Solar PV project in KSA to Shanghai Electric, Trade Arabia<\/a> reported on Tuesday. The project \u2014 part of the fifth round of the Kingdom\u2019s National Renewable Energy Program \u2014 is set to be Shanghai Electric\u2019s largest EPC contract for a solar power project once completed. There is no readily available information on the value of the contract.<\/p>\n

Background: <\/strong>The Masdar-led project is developed by a consortium, including Korea Electric Power Corp, and China\u2019s GD Power Development. The trio have secured a power purchase agreement<\/a> for the project late last year. The plant<\/a> \u2014 with a reported unconfirmed investment ticked of USD 1.1 bn<\/a> \u2014 is planned to reach full capacity by May 2026, with the official commercial operation Date set for August 2027. <\/p>\n

ALSO- <\/strong>Masdar <\/strong>expands solar projects in Indonesia: <\/strong>UAE\u2019s Masdar and Indonesian state-owned electricity company PT PLN have signed two agreements for floating solar power projects, according to a press release<\/a> issued last week. The first was an MoU to develop a floating solar power plant at the Jatigede Dam reservoir in West Java, with construction beginning this year and completion slated for 2027. The second was a Principles of Agreement to explore the expansion of Masdar\u2019s pre-existing 145 MWac Cirata Floating PV plant<\/a>. <\/p>\n

REMEMBER-<\/strong> The pair signed a joint development study agreement to look into tripling the<\/a>plant\u2019s capacity<\/a> to 500 MW and to develop solar, wind, and green hydrogen products in Indonesia and abroad in May 2024. Masdar is planning to expand its global clean energy portfolio to 100 GW by 2030<\/a>, funneling USD 30 bn towards the target.<\/p>\n

\n

SOLAR UPDATES FROM IRAQ-<\/p>\n

#1- <\/strong>Iraq<\/strong> may soon get 750 MW panels plant: <\/strong>Iraq is in the process of reviewing a technical proposal by an unnamed Chinese firm to develop a new solar panel manufacturing facility with a production capacity of 750 MW in Al Zawraa state, the state-owned Al Zawraa General Company\u2019s general manager told INA<\/a> on Sunday. Iraq is pushing to localize the solar panel industry. <\/p>\n

#2- <\/strong>Sixteen <\/strong>new companies have been qualified by the Central <\/strong>Bank of Iraq (CBI) to install residential solar power systems<\/strong>, according to an Electricity Ministry statement<\/a> issued on Monday. The new approvals bring the total number of licensed companies to 24.<\/p>\n

The context: <\/strong>The move aims to help Iraq increase solar residential installations as demand grows among households looking to cut reliance on the strained national grid. The country\u2019s solar residential push is supported by the CBI\u2019s soft loan program, which was amended last week<\/a> to streamline disbursements and tighten reporting requirements. The CBI program has so far attracted<\/a> interest from 150 companies.<\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: Iraq to build a 750 MW solar panel factory<\/p>\n","protected":false},"author":1,"featured_media":89621,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[171],"tags":[11,208,160,159,647,94,42,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar","tag-enterpriseclimate","tag-iraq","tag-masdar","tag-saudi-arabia","tag-saudi-power-procurement-company","tag-solar","tag-solar-energy","tag-uae","wpautop","entry"],"acf":{"mongo_id":"0f9f9090-0a9a-4794-bdaa-7461d8c91293","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/1143.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Masdar taps Shanghai Electric for its Al Sadawi solar project","related_issue":[89609],"teaser":"PLUS: Iraq to build a 750 MW solar panel factory","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.6d8f5eed-de45-4055-b9e5-be216d835227.mp3"},"yoast_head":"\nMasdar taps Shanghai Electric to build Al Sadawi solar project - 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