Masdar to invest US$1.2bn for battery storage in the UK
Mohamed Jameel Al Ramahi, CEO of Masdar, receives the fellowship of the Energy Institute from Charles Hendry, vice president of the Energy Institute and former UK Energy Minister. (Image source: Energy Institute)
Mohamed Jameel Al Ramahi, CEO of Masdar, has announced that the UAE’s clean energy champion will invest UK£1bn (US$1.2bn) in accelerating battery storage solutions across the UK, in line with its long-standing commitment to the country