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Masdar acquires 50% stake in US solar-storage project
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.