Masdar Taps L&T For 24/7 Solar PV And Battery Storage Gigascale Project

29 Jan 2025 CW Team

The renewables vertical of Larsen & Toubro (L&T) has been selected by Masdar as one of the preferred Engineering, Procurement, and Construction (EPC) contractors for the north site of the world’s first 24/7 solar photovoltaic (PV) and battery storage gigascale project in Abu Dhabi. The project, announced during Abu Dhabi Sustainability Week (ADSW), will deliver up to 1 gigawatt (GW) of baseload power around the clock. It features a 5.2GW (DC) solar PV plant coupled with a 19-gigawatt-hour (GWh) battery energy storage system (BESS), making it the largest solar and BESS project globally. The project is being developed by Masdar, the UAE’s clean energy leader, in collaboration with the Emirates Water and Electricity Company (EWEC). It includes a north site and a south site with a total capacity of 2.6GW and 9.5GWh PV for each site. The Letter of Award was signed by Abdulaziz Alobaidli, COO of Masdar, and A Ravindran, Senior Vice President and Head – Renewables IC, L&T, in the presence of His Excellency Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, and T Madhava Das, Whole-Time Director and Senior Executive Vice President (Utilities), L&T. The project is set to establish a global benchmark for clean energy innovation and sustainability.

Real Estate

08 Sep 2025

Max Estates Secures 7.25 Acre Land in Gurugram for Luxury Housing

Max Estates (Max Estates), a leading NCR real estate developer, has acquired development rights for a 7.25 acre land parcel in Sector 59, Gurugram, along the prime Golf Course Extension Road. The project has a development potential of approximately 1.3 million sq ft with an expected outlay of Rs 5.34 billion, offering a Gross Development Value (GDV) of more than Rs 30 billion. The transaction involves the purchase of 100 per cent shareholding in Base Buildwell (BBPL), the SPV holding license and development rights for the parcel, subject to regulatory approvals. With this acquisition, Max..

10th Belt and Road Summit to Drive Collaboration in Hong Kong

The 10th edition of the Belt and Road Summit will be held on September 10-11 at the Hong Kong Convention and Exhibition Centre, marking a decade of progress under the Belt and Road Initiative (B&RI) and opening new avenues for collaboration among governments and businesses. Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), the Summit is themed “Collaborate for Change • Shape a Shared Future”. It will feature over 90 high-level government officials and business leaders from across Belt a..

Mumbai Introduces 12-Metre Electric Buses in BEST-PMI Partnership

In a milestone for sustainable urban transport, PMI Electro Mobility’s Mumbadevi Mobility, in partnership with the Brihanmumbai Electric Supply and Transport (BEST), launched the first batch of fully electric buses in Mumbai. At an official ceremony held at the BEST Office, Colaba Depot, four 12-metre e-buses were flagged off by Ashish Sharma, IAS, General Manager, BEST. This marks the first phase of a 250-bus fleet aimed at strengthening public transport and cutting the city’s carbon footprint. The buses will operate from Oshiwara Depot, serving high-demand routes for greater c..