Author: EnergyNews.biz Newsroom

The EnergyNews.biz Newsroom covers daily energy transition news: hydrogen, energy storage, small modular reactors, grids, carbon and renewables. News items are researched and edited by the EnergyNews.biz editorial team under the editorial standards of EnergyNews.biz.

TotalEnergies and Masdar have agreed to form a $2.2 billion joint venture to consolidate their onshore renewable portfolios across nine Asian markets, positioning the entity as a centralized development and operating platform. The joint venture will combine assets in Azerbaijan, Indonesia, Japan, Kazakhstan, Malaysia, the Philippines, Singapore, South Korea, and Uzbekistan, with an initial portfolio of 3 GW of operational capacity and 6 GW in advanced development targeted for commissioning by 2030. Structurally, the entity will serve as the exclusive vehicle for both companies’ onshore solar, wind, and battery storage activities in these markets, signaling a shift from fragmented project-level…

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