Masdar City and the Mohammed Bin Rashid Innovation Fund (MBRIF) on Monday announced a strategic partnership designed to cultivate entrepreneurship and economic development in the UAE and at an international level.
Masdar, one of the world’s leading renewable energy companies, and W Solar Investment, a subsidiary of Alpha Dhabi Holding, have formed a joint venture company (JVC) to develop clean energy projects in a range of geographies.
ABU DHABI, 25th January, 2022 (WAM) Masdar, one of the world’s leading renewable energy companies, and W Solar Investment, a subsidiary of Alpha Dhabi Holding, and a development and investment company in the solar energy industry, have formed a joint venture company (JVC) to develop clean energy projects in a range of geographies.
The new company, MW Energy Limited, will act as a development platform, focusing initially on a pre-identified pipeline of projects, while also exploring new opportunities under the guidance of both owners..