Jornal Do Brasilia - Masdar Completes $950M Lockhart Solar and Storage Project in California

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Masdar Completes $950M Lockhart Solar and Storage Project in California

ECONOMY 13.11.2026

Masdar Completes $950M Lockhart Solar and Storage Project in California

Abu Dhabi Future Energy Company (Masdar) has marked the completion of the $950 million Lockhart Solar and Storage complex in California. Developed jointly with Terra-Gen, the facility features 365 megawatts of solar generation and significant battery storage capacity, designed to support the region's increasing energy demands.

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Abu Dhabi Future Energy Company (Masdar) has marked the completion of the $950 million Lockhart Solar and Storage complex in California, a development that expands the firm's portfolio of renewable energy assets in the United States.

The project was developed by Terra-Gen, a company jointly owned by Masdar and Igneo Infrastructure Partners. The facility incorporates more than 925,000 solar modules and 248 battery enclosures. Its capacity includes 365 megawatts of solar generation and 173.7 megawatts of battery storage, output sufficient to meet the annual electricity requirements of approximately 350,000 homes and businesses.

Khaleefa Almheiri, President and CEO of Masdar Americas, stated that the project demonstrates the scale of the company's ambitions in the United States and its commitment to supporting the nation's growing energy needs. He noted that by combining Masdar’s global expertise and investment capabilities with Terra-Gen’s local presence, the venture delivers reliable power while creating skilled jobs and supporting economic growth.

Almheiri highlighted that electricity demand is accelerating due to artificial intelligence, advanced manufacturing, and broader economic growth. "Masdar is proud to be a long-term partner in powering America’s future," he said.

The milestone was commemorated with a ribbon-cutting ceremony at the Hinkley facility. The event brought together company employees, local officials, commercial lenders, project partners, and customers.

John O’Connor, Chief Executive Officer at Terra-Gen, described the occasion as a recognition of the people and partnerships that brought the complex to life. He emphasized that solar energy is one of the most economical sources for new electricity generation. "Storage extends its value by making that energy available when it’s needed most," O’Connor said. "At the scale of our Lockhart facility, that combination can make a meaningful difference for California’s growing electricity needs."

Engineering and construction of the solar and storage complex created more than 1,000 on-site jobs. The work involved 880,000 hours over a four-year period.

C. Marques--JDB

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