emirates7 - The strategic energy alliance between the United Arab Emirates (UAE) and the United States continues to strengthen their mutual commitment to a sustainable energy future. This partnership is characterized by substantial joint investments in clean and renewable energy technologies, aimed at enhancing global energy security and supporting developing economies.
A centerpiece of this collaboration is the UAE-US Partnership for Accelerating Clean Energy (PACE), launched in November 2022. The initiative seeks to mobilize $100 billion in financing and investment to deploy 100GW of clean energy capacity by 2035.
In January 2023, the two nations committed $20 billion toward the development of 15GW of clean energy projects in the US by 2035. The initiative is led by Masdar in cooperation with private-sector partners from the United States.
The Abu Dhabi National Oil Company (ADNOC) is also advancing the clean energy agenda by securing a 35% equity stake in ExxonMobil’s blue hydrogen project in Texas. This project aims to produce up to 1 billion cubic feet of blue hydrogen per day, with approximately 98% of carbon emissions captured, and over 1 million tonnes of low-carbon ammonia produced annually.
In the realm of innovation, the Abu Dhabi Department of Energy has entered into agreements with the University of Arizona and the International Renewable Energy Agency (IRENA) to explore cutting-edge clean energy solutions, including solar energy from space and tools to accelerate climate action.
The United States remains a key market for Masdar, which plans to grow its clean energy portfolio in the country to 25GW within the next decade. Masdar's US operations span wind, solar, and battery storage projects across California, Texas, New York, and New Mexico, underscoring its enduring dedication to energy transformation.
Masdar began its US investments in January 2019 with stakes in the Rocksprings and Sterling wind farms in Texas and New Mexico. In 2020, it partnered with EDF Renewables North America on seven operational projects totaling 1.3GW of capacity.
In 2024, Masdar expanded significantly by acquiring a 50% stake in Terra-Gen, a leading US renewable energy company. This acquisition added 3.7GW of operational capacity, 6GW of projects under construction or in advanced development, and a substantial early-stage project pipeline. As a result, Masdar’s total operational capacity in the US now exceeds 5GW.
Before acquiring Terra-Gen, Masdar’s US assets included 1.3GW across four large wind farms in Texas and New Mexico, and five solar plants in California—two of which, Big Beau and Desert Harvest, are equipped with battery storage systems.
The Terra-Gen acquisition contributed an additional 3.7GW in wind, solar, and battery storage projects, with 5.1GWh of energy storage capacity across 30 sites, primarily in California and Texas. Terra-Gen is also developing a further 12GW of renewable energy projects in California, Texas, and New York.
A centerpiece of this collaboration is the UAE-US Partnership for Accelerating Clean Energy (PACE), launched in November 2022. The initiative seeks to mobilize $100 billion in financing and investment to deploy 100GW of clean energy capacity by 2035.
In January 2023, the two nations committed $20 billion toward the development of 15GW of clean energy projects in the US by 2035. The initiative is led by Masdar in cooperation with private-sector partners from the United States.
The Abu Dhabi National Oil Company (ADNOC) is also advancing the clean energy agenda by securing a 35% equity stake in ExxonMobil’s blue hydrogen project in Texas. This project aims to produce up to 1 billion cubic feet of blue hydrogen per day, with approximately 98% of carbon emissions captured, and over 1 million tonnes of low-carbon ammonia produced annually.
In the realm of innovation, the Abu Dhabi Department of Energy has entered into agreements with the University of Arizona and the International Renewable Energy Agency (IRENA) to explore cutting-edge clean energy solutions, including solar energy from space and tools to accelerate climate action.
The United States remains a key market for Masdar, which plans to grow its clean energy portfolio in the country to 25GW within the next decade. Masdar's US operations span wind, solar, and battery storage projects across California, Texas, New York, and New Mexico, underscoring its enduring dedication to energy transformation.
Masdar began its US investments in January 2019 with stakes in the Rocksprings and Sterling wind farms in Texas and New Mexico. In 2020, it partnered with EDF Renewables North America on seven operational projects totaling 1.3GW of capacity.
In 2024, Masdar expanded significantly by acquiring a 50% stake in Terra-Gen, a leading US renewable energy company. This acquisition added 3.7GW of operational capacity, 6GW of projects under construction or in advanced development, and a substantial early-stage project pipeline. As a result, Masdar’s total operational capacity in the US now exceeds 5GW.
Before acquiring Terra-Gen, Masdar’s US assets included 1.3GW across four large wind farms in Texas and New Mexico, and five solar plants in California—two of which, Big Beau and Desert Harvest, are equipped with battery storage systems.
The Terra-Gen acquisition contributed an additional 3.7GW in wind, solar, and battery storage projects, with 5.1GWh of energy storage capacity across 30 sites, primarily in California and Texas. Terra-Gen is also developing a further 12GW of renewable energy projects in California, Texas, and New York.