Masdar acquires 50% stake in US solar-storage project

April 13, 2023

Clean energy company Masdar has acquired a 50 per cent stake in a combined solar and battery storage project in California from EDF Renewables North America. 

The Big Beau project comprises a 128MWac photovoltaic (PV) solar plant and a 40 MW/160 MWh battery energy storage system. 

It is one of eight operational renewables projects – with a combined capacity of 1.6GW – that Masdar and EDF Renewables are managing in partnership.