Masdar looks to extend renewables position in ‘key market’ Southeast Asia Email An artist’s impression of the 145MW Cirata floating PV plant that Masdar is developing in Indonesia. Image: Masdar. Abu Dhabi-based renewables company Masdar has a “significant ambition” to expand its clean energy portfolio in Southeast Asia, a company executive has told PV Tech. As the firm makes progress with the development of a 145MW floating solar project in Indonesia, it is now looking to grow in nearby countries. “We are exploring opportunities in Malaysia, Philippines, Thailand and Vietnam. We see the entire ASEAN (the Association of Southeast Asian Nations) region as a key market,” said Ahmed Al Awadhi, director of business development and investment at Masdar Clean Energy.