Masdar has achieved financial close on the world's first gigascale Round-the-Clock renewable energy project, with a 5.2 GW solar power installation and a 19 GWh battery storage installation, providing 1 GW of continuous clean power supply 24/7. The $6.1 billion investment, with Masdar funding $1 billion of equity, sets a new benchmark for financing reliable, utility-scale clean energy projects. Additionally, Masdar is on track to reach 100GW of renewable energy capacity by 2030, focusing on delivering reliable and affordable clean power through energy storage and hybrid solutions, despite being funded by the oil industry. This project showcases Masdar's foresight in investing in renewable energy projects to meet growing electricity demand globally.