Masdar Acquires Major Greek Solar Project

Masdar has signed an agreement to acquire and develop one of Greece’s largest solar projects from Lightsource bp. The facility, with a capacity exceeding 550 megawatts, represents a significant expansion of renewable energy infrastructure in Europe and reinforces the company’s commitment to advancing clean energy solutions globally.

The project will supply electricity to more than 200,000 homes annually, contributing substantially to Greece’s renewable energy objectives. Development operations are expected to conclude by the end of 2026, positioning the installation as a meaningful addition to the region’s energy landscape.

The agreement underscores Masdar’s strategic focus on identifying and executing major renewable energy ventures across international markets, strengthening its role as a leading force in the global transition towards sustainable power generation.

Source: Abu Dhabi Media Office