Masdar and the Norwegian multinational energy company Equinor (formerly Statoil) have installed, and will soon begin testing, a new battery system designed to store electricity generated by Hywind Scotland, the world’s first commercial-scale floating wind farm. The battery storage solution is the first in the world to be connected to an offshore wind farm. The…
Shepherd & Wedderburn act for Masdar, purchase stake in Hywind floating offshore windfarm
UK law firm Shepherd and Wedderburn has acted alongside lead adviser for Abu Dhabi’s renewable energy company, Masdar, in a deal that sees Masdar acquire a 25% stake in Statoil’s Hywind Scotland floating offshore windfarm.
Masdar delivers Samoa’s first wind farm
The Samoan Prime Minister, the Honorable Tuilaepa Aiono Sailele Malielegaoi, today inaugurated the country’s first wind farm. Delivered by Masdar, Abu Dhabi’s renewable energy company, the 550 kWe project is the second completed under the United Arab Emirates’ (UAE) $50 million Pacific Partnership Fund, which is managed by Abu Dhabi Fund for Development (ADFD). The…