Masdar Acquires Solar Project to Power Greece Data
The UAE company aims to support digital infrastructure growth by combining a 550-megawatt solar farm with new green data centers.
Updated on Oct. 24, 2026 in Data Centers
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Masdar has signed an agreement to acquire a 550+ megawatt solar photovoltaic project from Lightsource bp to help power Greece's digital expansion. Additionally, the company is partnering with Khazna Data Centres to develop sustainable data facilities in the region.
Why it matters
The rapid growth of AI and digital industries is creating an urgent need for reliable, affordable energy to sustain operations. By pairing renewable energy capacity with data center development, this initiative supports Greece's goal of becoming a regional digital hub.
The acquired solar photovoltaic project is designed to provide 550+ megawatts of capacity, enough to power more than 200,000 homes annually. Masdar plans to integrate advanced battery storage technology into this infrastructure to ensure consistent energy delivery.
The players
Masdar
A UAE-based renewable energy company focused on developing sustainable power infrastructure globally.
Lightsource bp
A global utility-scale solar developer and manager that provides renewable energy solutions.
Khazna Data Centres
A provider of wholesale data center solutions that focuses on scalable and sustainable digital infrastructure.
The details
This partnership leverages Masdar's renewable energy expertise alongside Khazna Data Centres' operational experience to create a vertically integrated model for digital infrastructure. The initiative aims to stabilize the power supply for AI-driven technologies while adhering to green energy standards.
Timeline
The 550+ MW solar project is expected to become operational by the end of 2026.
The Tech Race
This development marks a shift toward dedicated energy sourcing for digital infrastructure as countries compete to host the next generation of AI and data hubs. It replaces traditional grid-reliance strategies with a model where data centers are directly paired with large-scale renewable generation.
For users and developers, this shift signals better reliability for digital services as infrastructure becomes less vulnerable to power grid fluctuations. The integration of battery storage ensures that digital connectivity remains stable even during peak demand periods.
The takeaway
Securing dedicated renewable energy sources is becoming a critical strategic priority for nations hoping to host high-compute AI clusters. Developing clean energy projects alongside data facilities is a key step toward ensuring the long-term sustainability of the global digital economy.
What happens next
The solar project is slated to reach commercial operation by the end of 2026.
Further reading
For more information on infrastructure trends, visit our /tech/data-centers/ section.
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Does prioritizing digital infrastructure growth improve a country's long-term energy security?
