Shams Power Company PJSC is a special purpose vehicle owned 60% by Masdar and 40% by the Total Abengoa Solar Emirates Investment Company, a vehicle jointly owned by Total (50%) and Abengoa (50%). Their project Shams 1, involves the design, construction, operation and maintenance of a CSP plant located in Abu Dhabi on a build, own, operate basis. The plant has a total installed net rated power output of 100 MW and was established in 2009.
Masdar is a multifaceted Abu Dhabi company, wholly owned by Mubadala Development Company PJSC, that is advancing the development, commercialization and deployment of renewable energy solutions and clean technologies. The company operates across the renewable and clean technology lifecycle, from research to commercial deployment, with the aim of creating scalable clean energy solutions. It was formed in 2006.
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