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Abu Dhabi's Masdar Buys 234 MW Photovoltaic Solar Project in Spain

The project is expected to be operational by the first half of 2027. Photo: WAM
The project is expected to be operational by the first half of 2027. Photo: WAM
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Abu Dhabi's Masdar Buys 234 MW Photovoltaic Solar Project in Spain

The project is expected to be operational by the first half of 2027. Photo: WAM
The project is expected to be operational by the first half of 2027. Photo: WAM

Abu Dhabi's state-owned renewable power company Masdar said on Thursday it has bought Valle Solar, one of the largest photovoltaic solar projects in Spain's Valencia region.
The project, expected to be operational by the first half of 2027, will feature a 234 megawatt solar plant with a potential 259 MW battery energy storage system, Masdar said in a statement.
The acquisition was conducted through Masdar's wholly owned subsidiary, Saeta, which it acquired from Canada's Brookfield in a $1.4 billion deal in September.

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Türkiye Sees ‘Genuine’ Disinflation Prospects, Says Central Bank Deputy Governor 

People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)
People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)
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Türkiye Sees ‘Genuine’ Disinflation Prospects, Says Central Bank Deputy Governor 

People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)
People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)

Türkiye is facing genuine disinflation prospects, its deputy central bank governor said on Wednesday, adding that it was replenishing reserves following the hit to them in the wake of recent political turmoil.

"For the first time, I believe we are facing genuine disinflation prospects in the true sense of the world," Central Bank Deputy Governor Osman Cevdet Akcay said during a panel discussion at the European Bank for Reconstruction and Development annual meeting in London.

"So, we might see a break in inflation numbers suddenly to be sustained."

He added the central bank was rebuilding the country's reserves "slowly but surely."