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Tag Archives: Abu Dhabi’s renewable energy company

Masdar takes 25pc stake in world’s first floating wind farm

Masdar, Abu Dhabi’s renewable energy company, has acquired a stake in Hywind Scotland, a 30-megawatt (MW) floating offshore pilot wind farm in the North Sea, it was announced at an official ceremony during Abu Dhabi Sustainability Week 2017. Through the transaction Statoil and Masdar have agreed to share the development risk and Masdar will cover 25 per cent of previous ...

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