Facts and Awards

Facts about Masdar

  • Established in 2006
  • Develops both utility-scale and off-grid renewable energy projects
  • Active in more than 30 countries worldwide
  • The power generating capacity of the renewable energy projects in which Masdar is a partner is about 10 gigawatts (GW), representing a combined investment of approximately US$19.9 billion
  • Clean technologies deployed: onshore and offshore wind power, solar photovoltaics (PV), concentrated solar power, carbon capture, utilisation and storage (CCUS), waste-to-energy, water desalination, electricity and thermal energy storage


Facts about Masdar City

  • Aims to be one of the most sustainable urban communities in the world
  • A ‘greenprint’ for sustainable cities of the future
  • The first Estidama 4 Pearl community in Abu Dhabi
  • Buildings in Masdar City are designed to be at least 40% more energy and water efficient than conventional buildings
  • Buildings use low-carbon cement as well as other locally sourced and verified materials
  • 90% of construction waste is reused or recycled
  • City uses power generated by a 10MW solar PV farm and 1MW rooftop solar PV panels
  • Iconic Personal Rapid Transport (PRT) network of driverless vehicles has carried more than 2 million passengers
  • Home to 50,000 residents and 40,000 professionals and students by 2030

Credit Rating

  • Since September 2021, Masdar has been assigned credit ratings by Moody’s Investor Services and Fitch Ratings, two of the leading agencies that evaluate the creditworthiness of commercial and sovereign entities. Moody’s issued a long-term rating of A2, with a stable outlook, and Fitch issued a long-term rating of A+, also with a stable outlook.

Masdar Awards (2006-2021)

Since it was established in 2006, Masdar has won numerous industry awards for its buildings, renewable energy projects and commitment to innovation.

Corporate

  • 2021 - Best Renewable Energy and Urban Development Brand for Global Brands Awards 2021
  • 2021 - Global Economics Awards 2021 under the following categories:
    • Most Innovative Renewable Energy Company
    • Best Sustainable Development
  • 2020 - CEO received the “Energy Business Leader of the Year award” at the Gulf Business Awards
  • 2020 - CEO received the honorary “International Energy Diplomacy Person of the Year Award” at IP Week
  • 2020 - Mubadala Group IT Awards
    • Information Security Framework Award – Medium-sized business
    • IT Standards Framework Award – Medium-sized business
  • 2019 - Gulf Cooperation Council (GCC) Gov HR Awards – Best Employee Benefits and Wellness Strategy
  • 2019 - We Are Committed campaign for ADSW at Mepra Awards 2019
    • Best Sustainability Campaign (Bronze)
    • Best campaign in UAE (Bronze)
    • Best Energy and Natural Resources Campaign (Silver)
  • 2019-CEO - Excellence in Sustainability award during Siemens Middle East’s 20th anniversary in the UAE
  • 2019-Best Employee Benefits and Well Being Strategy Award for GCC Gulf HR Awards 2019
  • 2019-Year of Tolerance Award for Masdar’s Ethics, Diversity and Inclusion Initiative at the Mubadala Ethics and Compliance Network Awards 2019
  • 2018 - CEO - 4th Global Solar Leaders Award, part of the 4th Global Solar Leaders’ Summit, Dubai 
  • 2017 - Emirates Energy Awards (part of the 4th annual World Green Economy Summit)
    • Emirates Energy Award in Research and Development
    • Emirates Energy Award in Large Projects
  • 2017 - CEO received the annual appreciation award on behalf of Masdar, DEWA Annual Appreciation Ceremony
  • 2017 - Gulf Business Awards 2017
    • Energy Leader of the Year, CEO
    • Energy Company of the Year, Masdar
  • 2017 - Masdar honoured for its contribution to the Global Summit of Women Speakers of Parliament (National Federal Council)
  • 2017 - Lifetime Achievement Award (Masdar CEO, Mohamed Al Ramahi) of the UAE Internal Auditors Association
  • 2016 - Gulf Business Awards 2016
    • Energy Company of the Year (Masdar)
    • Energy Business Leader of the Year (Masdar CEO, Mohamed Al Ramahi)
  • 2014 - CIPS Gold Award for Excellence in Procurement and Supply Chain Practices, CIPS Middle East Awards
  • 2012 - Energy Company of the Year (Energy Business Leader), Gulf Business Industry Awards
  • 2012 - Leadership for New Energy Award, Energy Intelligence
  • 2012 - ‘Champion of the Earth’ Award (Masdar CEO, Dr Sultan Al Jaber) - United Nations Environment Programme (UNEP)
  • 2012 - Best Contribution to the Reputation of the Procurement Profession, CIPS Middle East Award 2012
  • 2008 – Clean Tech Leader of the Year - Cleantech Awards in San Francisco, California, USA

Sustainable Real Estate:

  • 2021 - Eco Residences 2 for Rethinking The Future Awards 2021
  • 2020 - Eco Residences 2 project awarded the Middle East and North Africa (MENA) Green Building Project of the Year, MENA Green Building Awards 2020
  • 2019 - United Nations Sustainable Cities and Human Settlements – Global Forum on Human Settlement for Planning and Design Award
  • 2019 - Planning and Design-Sustainable Cities And Human Settlements Awards (SCHSA) 2019
  • 2019 - Mobility Management - Dubai Award for Sustainable Transport
  • 2018 - Masdar City-UAE Pioneers Award
  • 2018 - Masdar Free Zone – Fdi Global Free Zone of the Year Awards 2018:
    • Best Free Zone for R&D
    • Best Free Zone for Renewable Energy
    • Second place in the category of Best Free Zone – Middle East region
  • 2018- The Cityscape Awards for Emerging Markets Residential – Low to Medium Rise – Future category for the Masdar Institute Neighbourhood  
  • 2018 - Masdar Park-The Green Flag Award 
  • 2018 - Etihad Eco residence - MENA Green Building Awards 2018, submitted by Multiplex Constructions LLC 
  • 2018 - Etihad Eco Residences - The Sustainable Project of the Year 2018 - MEED Awards, submitted by Multiplex Constructions LLC 
  • 2017 - The Neighbourhood 1 Residences (N1R) project - ‘Sustainable Project of the year 2017’ - Big Project Middle East Award 2017, submitted by Multiplex Constructions LLC
  • 2017 - The Global Free Zone of the Year Awards (Masdar Free Zone)
    • Best Free Zone for Start Up Support award
    • Best Free Zone for Renewable Energy
    • R&D Incentives and Facilities Upgrade
  • 2016 - National Winner (IRENA HQ) - MEED Quality Award for Projects
  • 2016 - Urban Design (Concept) Masdar City Phase 2 Detailed Master Plan Rethinking The Future Award 2016
  • 2016 - Masdar Free Zone - fDI Global Free Zone of the Year Awards 2016:
    • Best Free Zone for R&D Partnerships
    • Two bespoke awards for Start Up Support and Company Expansions
    • Second place in the category of Best Middle East Free Zone for Large Companies
  • 2016 - Best Office Architecture (IRENA HQ) - Arabian Property Awards
  • 2015 - EGBC Green Commercial Building of the Year (IRENA HQ) - Emirates Green Building Council
  • 2014 - Sustainable Construction Project of the Year (IRENA HQ) - BGreen
  • 2014 - Green Project of the Year (IRENA HQ) - Big Project ME Awards
  • 2013 - Gold for Energy Efficiency for Public Sector (Masdar Institute) - Emirates Energy
  • 2013 - Outstanding International Architecture Project (Masdar Institute) - British Expertise International Awards
  • 2013 – MEED Quality Award for Projects (Siemens Building)
    • GCC Sustainable Project of the Year
    • UAE Sustainable Project of the Year
  • 2013 - First Prize for Sustainability Award (Siemens Building) - Cityscape
  • 2013 - International Institute for Advanced Purchasing and Supply (IIAPS)
    • Outstanding Performance in Sustainable Supply Chains
    • Outstanding Performance in Ethical or Sustainable Supply Chains
  • 2012 - The International Awards for Liveable Communities (Masdar Institute) - LivCom
  • 2012 - Green Building Project of the Year (Masdar Institute) - Big Building Project of the Year
  • 2012 - Construction Week (Masdar Institute)
    • Overall Project of the Year
    • Sustainable Project of the Year
  • 2012 - Energy Efficiency Visionary for the Africa-Middle East region (Masdar City) - Energy Efficiency Global International Steering Committee
  • 2012 - MIPIM Architectural Review Future Projects Award (Siemens Building) - The Architectural Review
  • 2012 - Best Office Architecture (Siemens Building) - International Property Awards
  • 2012 - Middle East Architects Award, Sustainable Project of the Year and Commercial Project of the Year (Siemens Building) - ITP Business
  • 2011 - International Award (Masdar Institute) - RIBA
  • 2009 - Sustainability (Masdar City) - Condé Nast Traveller Innovation & Design Award
  • 2009 - Best Sustainable Development (Masdar City) - Cityscape Real Estate Awards
  • 2007 - Sustainable City of the Year (Masdar City) - Euromoney and Ernst & Young Global Renewable Energy Awards
  • 2007 - Best Environmental Real Estate Project Masdar City) - Cityscape Real Estate Awards

Clean Energy:

  • 2021 - Utility Scale Project of the Year-Al Dhafra Project, MESIA Awards (Middle East Solar Industry Association
  • 2020 - Aysha Alaydaroos, Head of Business Support, Clean Energy, Masdar was one of five ‘Distinguished Representatives’ at the Women in Renewables Award (WiRA)
  • 2020 - Project Finance International (PFI) Awards, Renewable Energy Deal of the Year – Middle East and Africa (Dumat Al Jandal project)
  • 2019 - The East Rockingham Waste to Energy facility, Asia-Pacific waste deal of the year, IJ Global Awards (Award announced in July, 2020)
  • 2019 - 11th Caribbean Renewable Energy Forum (CREF), Distributed Generation Project awarded to the Thomas A. Robinson National Stadium 925Kw Solar PV Carport Power Plant, Nassau, Bahamas, part of the UAE Caribbean Renewable Energy Fund – delivered under the first stage of projects by the UAE Ministry of Foreign Affairs and International Cooperation, Abu Dhabi Fund for Development and Masdar.
  • 2019 - Clean Energy Initiative of the Year (Sharjah Waste-to-Energy project), Middle East Energy Awards
  • 2018 - Clean Deal of the Year (Sharjah Waste-to-Energy project), PFI Awards 2018
  • 2018 - Structured Loan Deal of the Year Award at the Bonds, Loans & Sukuk Middle East Awards (Winners-Masdar and Bee’ah for their financing of the UAE’s first waste-to-energy project).
  • 2018 - Solar Project of the Year 2018, The Asian Power Awards, Jakarata, Indonesia.
  • 2018 - Deal of the Year (Cibuk 1 project), nomination submitted by the Lenders Local Council, Karanović & Nikolić - Central Eastern Legal Awards 2018
  • 2017 - Middle East and Africa Renewables Deal of the Year (Shuaa 2 Energy PSC for 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park) – PFI Awards 2017 (*Award function took place in Feb 2018)
  • 2017 - Emirates Energy Award in Research and Development (Renewable Energy Water Desalination Programme)
  • 2016 - Corporate Responsibility Award (Shams 1) - MENASOL Awards 2016
  • 2015 - CSP Developer of the Year - MENASOL Awards 2015
  • 2013 - Global Wind deal of the year by Project Finance International (PFI) - LA project financing
  • 2013 - Global Renewable deal of the year by Project Finance International (PFI) - LA project financing
  • 2013 - Large Energy Project Award (Shams 1) - Emirates Energy Award
  • 2013 - Project of the Year Award (Shams 1 Power Plant) - Emirates Solar Industry Association
  • 2012 - Leadership for New Energy Award, Energy Intelligence and International Herald Tribune
  • 2012 - Project Finance Sustainability Deal of the Year for Europe, Middle East and Africa (Shams 1) - EMEA Finance Magazine
  • 2011 - Best Renewable Energy Project Developer in Middle East - World Finance Magazine
  • 2011 - Sustainable Development Process award (Gemasolar) - European Business Award
  • 2010 - Middle East Renewable Energy Deal of the year (Shams 1) - Project Finance Magazine
  • 2007 - World Clean Energy Award - Transatlantic21 Association