CATL and Masdar Establish Partnership for World's Largest BESS Project in Abu Dhabi
Jan 26, 2025•6 months ago
Contract Type
partnership
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.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months