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CATL and Masdar Establish Partnership for World's Largest BESS Project in Abu Dhabi

Jan 26, 2025•over 1 year ago

Contract Type

partnership

Abu DhabiManufacturingEnergyRenewable EnergySolarEnergy Storage

Description

CATL and Masdar have announced a partnership for the world's first large-scale 'round the clock' giga-scale project, combining solar power and battery storage in Abu Dhabi. With a total investment of over $6 billion, the project includes 5.2 GW of solar capacity and 19 GWh of energy storage, making it the largest solar and BESS project in the world.

Company Information

Company

CATL and Masdar

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

CATL is a global leader in the development and manufacturing of lithium-ion power battery and energy storage systems, while Masdar is a clean energy powerhouse based in the United Arab Emirates, with a focus on sustainability and climate action.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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