Masdar just signed a memorandum with Germany’s Luxcara to explore more than €5 billion in joint investment across battery storage and offshore wind. It’s the latest sign that UAE capital keeps chasing scale wherever grids need it — this time in Europe, not the Gulf’s own backyard or ours in Africa.
https://www.renews.biz/offshore-wind/masdar-luxcara-sign-e5bn-investment-pact/
Also moving this week, closer to the ground we work:
In the Comoros, Masdar and Global South Utilities switched on 20 MW of solar plus 8 MW/16 MWh of storage across three islands, backed by $22.9 million from the Abu Dhabi Fund for Development — cutting a country still 91% dependent on diesel down to size, one island at a time.
https://www.pv-magazine.com/2026/09/07/comoros-inaugurates-three-solar-projects/
In Tunisia, regulators allocated 455 MW across 309 small-scale PV projects in the sixth licensing round — more than double the 200 MW originally on offer, proof that distributed solar demand in North Africa keeps outrunning the auctions built for it.
https://www.pv-magazine.com/2026/09/07/tunisia-allocates-455-mw-of-pv-in-sixth-licensing-round/
Same pool of Gulf capital, different geographies, same appetite — worth watching which corridor it favours next: Europe’s grids, or Africa’s untapped ones.