[SMM PV News] TotalEnergies and Masdar Form $2.2B Asian Renewables 'JV'

Published: Apr 3, 2026 09:54

Save

France's TotalEnergies and the UAE's Masdar have formed a $2.2 billion 50-50 joint venture to merge their onshore renewable activities across nine Asian countries. The 'JV' will act as the sole vehicle for developing solar, wind, and battery storage projects in markets including Japan, South Korea, and Malaysia. It will launch with 3 GW of operational assets and a 6 GW pipeline expected to be operational by 2030. Headquartered in Abu Dhabi with roughly 200 employees, the partnership aims to accelerate clean energy deployment across Asia.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

19 hours ago

Silver Market Price Review and Expectations Brief Commentary (April 30, 2026) [SMM Silver Market Weekly Review]

19 hours ago

Spot Market and China Inventory Brief (April 30, 2026) [SMM Silver Market Weekly Review]

This week, the silver ingot market premium maintained a slight discount. Consumption performance remained relatively weak. Under the broader environment of invoice rectification, the market overall exhibited sluggish trading on both sides, and silver ingot social inventory continued to accumulate.

19 hours ago

20 hours ago

[SMM Analysis] 2025 Annual Report Analysis and Trend Outlook for Chinese PV Module Enterprises

Recently, major PV listed enterprises have successively disclosed their 2025 annual reports. In 2025, Chinese PV module enterprises entered a critical period of deep adjustment and strategic transformation after experiencing rapid expansion in the earlier period. Based on these publicly available annual report data, we have conducted a comprehensive review of the overall operational trajectory and development trends of the industry, with the relevant analysis presented below.

20 hours ago