Connect with us

Technology

Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain

Published

on

The transaction would see Masdar become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditionsMasdar will invest €817m to acquire a 49.99% stake in 2GW of solar energy plants, with a potential BESS hybridization for up to 0.5 GW Masdar has also signed an MoU with Endesa to explore an alliance aimed at jointly developing renewable energy projects in Spain One of Spain’s biggest renewable energy transactions in recent years, the partnership is expected to play a significant role in helping Spain meet its NECP targets and the EU’s net zero by 2050 targetAgreement cements Masdar’s position in Spain, one of EU’s largest solar markets, advancing growth plans in Europe as company targets global capacity of 100GW by 2030

ABU DHABI, UAE and MADRID, July 26, 2024 /CNW/ — Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has reached an agreement with Endesa S.A. (“Endesa”) to become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditions. The transaction would see Masdar invest €817 million to acquire a 49.99% stake, with an enterprise value of €1.7 billion, representing one of Spain’s biggest renewable energy deals.

The portfolio Masdar plans to acquire consists of 48 operational solar plants of 2GW aggregated capacity. Endesa and Masdar aim to add 0.5GW of battery energy storage system (BESS) to the projects. The partnership reinforces Masdar’s reputation as a trusted global energy partner for governments, investors, developers, and communities.

The deal demonstrates Masdar’s commitment to accelerating the energy transition in Spain and Europe, and these solar projects will play an important role in supporting Spain to meet its National Energy and Climate Plan (NECP) and the EU’s net zero by 2050 targets.

In addition to the acquisition Share Purchase Agreement (SPA), Masdar and Endesa have signed a Memorandum of Understanding (MoU) to explore an alliance aimed at jointly developing renewable energy projects in Spain.

The deal reflects Masdar’s ambitious growth plans in Europe, having recently announced that it has reached a definitive agreement with Greece’s GEK TERNA SA and other shareholders of TERNA ENERGY SA to initially acquire 67% of the company’s outstanding shares, subject to regulatory approvals and other conditions. With a strong portfolio of projects in Greece and Europe, TERNA ENERGY is targeting renewable energy operational capacity of 6GW by 2030.

In March this year, Masdar and Spain’s Iberdrola also reached financial close on the 476MW Baltic Eagle offshore wind project located in the Baltic Sea off the coast of Germany.

Masdar’s existing presence in Spain includes the Almenara 1.2GW solar photovoltaic (PV) project in the Castilla la Mancha region of Spain currently under development.

Masdar is jointly owned by TAQA, ADNOC, and Mubadala; Endesa is a subsidiary of the Italian energy giant Enel.

HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President, said:

“Building on Masdar’s global expertise and pioneering approach to renewable energy innovation and development, this partnership underscores our commitment to unlocking clean energy capacity in Spain, Europe, and around the world, supporting the global mandate enshrined in the COP28’s UAE Consensus to triple renewable energy capacity by 2030 enabling a just, orderly and equitable energy transition. Masdar is accelerating its ambitious growth plans as we target 100GW of renewable energy capacity by the end of the decade.”

Flavio Cattaneo, CEO of Enel Group, said: 

“We are pleased that Enel, through its subsidiary Endesa, has started this partnership with a major player such as Masdar and, looking ahead, we hope that we will be able to carry out similar transactions in other geographies.”

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, commented:

“By forging a strategic partnership in Spain with Endesa for 2.5GW of solar and battery storage assets, we are taking a significant step forward in our ambitious growth plans in one of Europe’s largest renewables markets. This deal with Endesa will play a significant role in supporting Spain and the wider EU in meeting their net-zero ambitions. We are delighted to also sign an MoU with Endesa to become their preferred partner for future solar projects.”

Advisors:

Masdar has retained BNPP as its transaction advisor, Linklaters as legal advisor, UL as technical advisor, PwC as its tax advisor, and PexaPark as PPA advisor.

Banks:

The acquisition was partially funded via acquisition financing from BNPP, Santander, Intesa, ADCB, FAB and SMBC. Lenders were advised by Ashurst.

About Masdar

Masdar (Abu Dhabi Future Energy Company) is one of the world’s fastest-growing renewable energy companies. As a global clean energy pioneer, Masdar is advancing the development and deployment of solar, wind, geothermal, battery storage and green hydrogen technologies to accelerate the energy transition and help the world meet its net-zero ambitions. Established in 2006, Masdar has developed and invested in projects in over 40 countries with a combined capacity of over 20 gigawatts (GW), providing affordable clean energy access to those who need it most and helping to power a more sustainable future.

Masdar is jointly owned by TAQA, ADNOC, and Mubadala, and is targeting a renewable energy portfolio capacity of 100GW by 2030 while aiming to be a leading producer of green hydrogen by the same year.

For more information please visit: https://www.masdar.ae and connect: facebook.com/masdar.ae and twitter.com/masdar.

About Endesa

Endesa is a leading electricity company in Spain and the second largest in Portugal. It is also the second largest gas operator in the Spanish market. It undertakes end-to-end business including the generation, distribution and retailing of electricity. It also offers electric mobility services, where it is one of the main operators of charging stations in Spain, and other value-added services aimed at the electrification of energy uses in homes, companies, industries and public administrations. Endesa is firmly committed to the United Nations SDGs and strongly supports the development of renewable energies through Enel Green Power España, the digitalization of grids through e-distribución and Corporate Social Responsibility. The Endesa Foundation is also active in CSR. Our workforce numbers around 9,000 employees. Endesa is a division of Enel, the largest electricity group in Europe.

Photo: https://mma.prnewswire.com/media/2469453/Masdar_Partners_with_Endesa.jpg
Logo: https://mma.prnewswire.com/media/1973446/Masdar_Logo.jpg

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/masdar-partners-with-endesa-in-1-7-billion-renewable-energy-transaction-in-spain-302207379.html

SOURCE Masdar

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Composers for Wicked: For Good, Palm Royale, Pluribus, Stranger Things, The Age of Disclosure, Hurricane Katrina: Race Against Time, and Video Game Star Wars Outlaws: A Pirate’s Fortune Receive 2026 ASCAP Composers’ Choice Awards

Published

on

By

ASCAP Honors David Vanacore with Golden Note Award

LOS ANGELES, April 29, 2026 /PRNewswire/ — This evening, at its exclusive ASCAP Screen Celebrates event in Los Angeles, ASCAP (The American Society of Composers, Authors and Publishers) announced the 2026 ASCAP Composers’ Choice Awards honorees along with the ASCAP Screen Music Awards winners behind today’s most compelling film, television and video game music.

The ASCAP Screen Music Awards celebrate composers whose work elevates the art of visual storytelling across film, television and interactive media. Included in these are the ASCAP Composers’ Choice Awards, which are chosen by the ASCAP composer and songwriter community, an exclusive honor among US performing rights organizations. The 2026 winners, selected from a competitive field of nominees, created music for a critically acclaimed television comedy-drama series, a major cinematic musical adaptation, a landmark historical documentary series, and a standout fantasy-adventure video game, among others:

2026 ASCAP Composers’ Choice Award Winners

Film Score of the Year: Wicked: For Good – John Powell & Stephen SchwartzTelevision Score of the Year: Palm Royale – Jeff ToyneTelevision Theme of the Year: Pluribus – Dave Porter; Stranger Things – Kyle Dixon & Michael Stein (tie)Documentary Film Score of the Year: The Age of Disclosure – Blair Mowat Documentary Series Score of the Year: Hurricane Katrina: Race Against Time – Amanda Jones Video Game Score of the Year: Star Wars Outlaws: A Pirate’s Fortune – Wilbert Roget II, Jon Everist and Cody Matthew Johnson

In other categories, while Michael Giacchino received Top Domestic Box Office Film of the Year for Zootopia 2. Jake Staley earned Top Network Television Series for his work on the drama High Potential, and John Sereda received Top Cable Television Series for the historical drama When Calls the Heart. David Vanacore was the top winner in the Most Performed Themes & Underscore category.

This marked Vanacore’s 22nd consecutive win in the Most Performed Themes and Underscore category, and his 11th consecutive time as the top winner. During the celebration, Vanacore was also presented with ASCAP’s prestigious Golden Note Award in recognition of his extraordinary career achievements and impact on television music. A pioneering force in unscripted scoring, Vanacore has composed the music for CBS’s Survivor since its debut in 2000, with 2026 marking the series’ landmark 50th season.

ASCAP’s Golden Note Award is presented to artists who have achieved extraordinary career milestones. Previous recipients include Lionel Richie, Jeff Lynne, Quincy Jones, Jermaine Dupri, Reba McEntire, Alicia Keys and composers Alf Clausen and Mark Snow.

The complete list of winners is available on the ASCAP website: www.ascap.com/screenawards26

About ASCAP
The American Society of Composers, Authors and Publishers (ASCAP) is a membership association of more than 1.1 million songwriters, composers and music publishers, and represents some of the world’s most talented music creators. Founded and governed by songwriters, composers and publishers, it returns nearly 90 cents of every dollar collected to its members as royalties and has the lowest overhead rate of any U.S. PRO. ASCAP licenses a repertory of over 20 million musical works to hundreds of thousands of businesses that use music, including streaming services, cable television, radio and satellite radio and brick and mortar businesses such as retail stores, hotels, clubs, restaurants and bars. ASCAP collects the licensing fees and identifies, matches, processes and pays royalties to its members for trillions of performances every year. The ASCAP blanket license offers an efficient solution for businesses to legally perform ASCAP music while respecting the right of songwriters and composers to be paid fairly. ASCAP puts music creators first, advocating for their rights and the value of music on Capitol Hill, driving innovation that moves the industry forward, building community and providing the resources and support that creators need to succeed in their careers. Learn more and stay in touch at www.ascap.com, on X and Instagram @ASCAP and on Facebook.

View original content to download multimedia:https://www.prnewswire.com/news-releases/composers-for-wicked-for-good-palm-royale-pluribus-stranger-things-the-age-of-disclosure-hurricane-katrina-race-against-time-and-video-game-star-wars-outlaws-a-pirates-fortune-receive-2026-ascap-composers-choice-awards-302756632.html

SOURCE ASCAP – American Society of Composers, Authors and Publishers

Continue Reading

Technology

28.13%, 26.4%! LONGi Sets New World Records for Crystalline Silicon Solar Cell and Module Efficiency

Published

on

By

XI’AN, China, April 29, 2026 /PRNewswire/ — Recently, LONGi announced two major technological breakthroughs. First, its independently developed Hybrid Interdigitated-Back-Contact (HIBC) solar cell has been certified by the Institute for Solar Energy Research Hamelin (ISFH) in Germany, achieving a photoelectric conversion efficiency of 28.13%. This marks yet another step forward toward the theoretical efficiency limit of crystalline silicon solar cells, following LONGi’s previous efficiency record of 28.04% set in January 2026. Second, modules fabricated based on HIBC solar cells have been certified by the U.S. National Laboratory of the Rockies(NLR), with efficiency breaking through to 26.4% — setting a new record after LONGi had earlier pushed the crystalline silicon module efficiency to 26%.

As the ultimate solution for single-junction crystalline silicon cell technology, the HIBC cell developed by LONGi’s Central R&D Institute represents a culmination of the strengths of various cell technologies. The R&D team has innovatively introduced core technologies such as in-situ Patterned Edge Passivation (iPET) and Laser-Induced Crystallization modification (LIC). Through systematic optimization of structural design, material selection, and fabrication processes, the team has achieved multiple breakthroughs in optical performance, interface passivation quality, and charge transport efficiency, paving a mature pathway for the commercial deployment of ultra-high-efficiency crystalline silicon cells.

These hardcore breakthroughs in technological strength have already translated into a leading edge in mass production. In April 2026, the authoritative global PV media outlet TaiyangNews released its ranking of commercialized mass-produced module efficiencies, and LONGi’s  EcoLife series modules, powered by HIBC technology, secured the top spot with a mass-production efficiency of 25%. This achievement marks the official completion of a complete closed loop spanning from laboratory R&D to large-scale commercial application for HIBC cells, delivering yet another premium clean energy solution to global customers — one that offers “high efficiency, high energy yield, aesthetic versatility, and certified safety and reliability”.

Having been deeply engaged in the clean energy field for many years, LONGi has established a comprehensive “Green Power + Green Hydrogen + Energy Storage” full-chain clean energy solution, consistently driving technological iteration through independent innovation to deliver high-quality products across all application scenarios to global customers. Moving forward, LONGi will continue to focus on technological innovation, accelerating the translation of laboratory efficiency breakthroughs into large-scale manufacturing, and serving the global energy transition with more competitive clean energy products to help build a zero-carbon and sustainable green energy ecosystem.

SOURCE LONGi

Continue Reading

Technology

DentScribe Is Not Just an AI Scribe; It Supports the Entire Dental Day

Published

on

By

From the morning huddle to chairside review, notes, perio charting, treatment coordination, after-care, and follow-up, DentScribe helps busy dentists and DSOs see the full power of dental AI.

SUNNYVALE, Calif., April 29, 2026 /PRNewswire/ — A dentist’s day is not one task. It is a chain reaction.

DentScribe transforms the dental day – from morning huddle to follow-up – into connected, actionable intelligence.

It starts before the first patient sits down. The team has only a few minutes for the morning huddle. Who is coming in today? What did we miss last time? Which patients have unscheduled treatment? Which issues need attention before they become bigger problems?

Then the dentist walks into the operatory and needs instant context. What is in the chart? What did the patient defer? What did the provider recommend at the last visit? What should not be missed today?

Then comes the appointment itself: diagnosis, treatment, patient education, clinical judgment, documentation, perio charting, billing support, and follow-up planning.

And when the patient leaves the chair, the work is still not done. The treatment coordinator must explain the plan, discuss cost, review financing or insurance, handle hesitation, schedule the next visit, and make sure the patient understands what happens next.

This is why DentScribe is built to be more than an AI scribe.

DentScribe today reinforced the full range of its AI platform for dental practices and DSOs – a connected suite of capabilities designed to support the busy dentist and team across the dental day, from preparation to patient care to follow-up.

“Dentists do not experience their day as isolated tasks,” said Dr. Vinni K. Singh, Founder & CEO of DentScribe. “The morning huddle affects the chairside conversation. The chairside conversation affects the SOAP note. The SOAP note is the ground truth for production opportunities, treatment coordination, after-care, and doctor communications. DentScribe brings those pieces together so AI can support the real workflow of the dental office.”

The DentScribe ‘aha’ is simple: the note is only the beginning.

A SOAP note contains the dentist’s true clinical assessment. DentScribe turns that ground truth into action across the practice.

Before the day begins, DentScribe GPS helps the team prepare with a smarter morning huddle.Before and during the appointment, DentScribe CoPilot helps surface chairside reminders and unresolved opportunities.During and after care, DentScribe helps generate comprehensive SOAP notes and supports AI voice perio charting.After the appointment, DentScribe Treatment Coordinator Notes help document the financial and scheduling conversation.Before the patient forgets, DentScribe After-Care Summaries help explain what happened, what matters, and what comes next.When another provider needs context, DentScribe supports referral letters, specialist reports, and doctor communications.Across the office, DentScribe supports PMS-connected workflows, CDT-aware documentation, and practice-specific templates.

For busy dentists, that means less time buried in notes and fewer missed details.

For front-desk and treatment teams, it means clearer handoffs, better follow-up, and a more consistent way to document patient concerns.

For patients, it means a smoother experience, clearer next steps, and a better understanding of the care being recommended.

For DSOs and practice owners, it means DentScribe is not merely a documentation tool. It is an AI operating layer that can help reveal missed opportunities, reduce leakage, improve communication, and give leaders better visibility into the daily workflow of the practice.

“DentScribe’s ground-truth approach is powerful because it starts with what the dentist actually said, observed, and recommended,” said Dr. Ratinder Paul Singh Ahuja, Board Chair of DentScribe. “When that information becomes structured and actionable across the practice, AI becomes far more than a scribe – it becomes a system for better care delivery and production.”

DentScribe’s platform was designed for the reality of modern dentistry: fragmented systems, tight schedules, incomplete handoffs, late-night charting, missed follow-ups, and lost production. By bringing together documentation, CoPilot intelligence, GPS morning huddle insights, perio charting, treatment coordination, after-care, doctor communications, and PMS integration, DentScribe gives dental teams a clearer way to manage the full patient workflow.

The result is the “aha” moment many dentists and DSOs are looking for: An AI agent that optimizes their entire patient care workflow.

Ready to see the full DentScribe platform? Book a live demo: https://www.dentscribe.ai/book-a-demo

About DentScribe
DentScribe  is the agentic AI platform for dental documentation and production. DentScribe automatically generates comprehensive SOAP notes from dentist-patient conversations and publishes them directly into leading practice management systems. With DentScribe CoPilot, those notes become chairside checklists that close care gaps and increase case acceptance. With DentScribe GPS, leaders gain a practice-wide daily brief that turns morning huddles into a reliable engine for production and patient outcomes. Founded by practicing dentist Dr. Vinni K. Singh in Sunnyvale, California, DentScribe helps dentists reclaim time, deliver better care, and grow their practices – without changing how they work. Learn more or book a demo at dentscribe.ai.

Media Contact
DentScribe Media Relations
hello@dentscribe.ai
+1-650-446-6161
710 Lakeway Dr. #200, Sunnyvale, CA 94085

View original content to download multimedia:https://www.prnewswire.com/news-releases/dentscribe-is-not-just-an-ai-scribe-it-supports-the-entire-dental-day-302756661.html

SOURCE DentScribe

Continue Reading

Trending