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Masdar acquires 40% stake in Australian waste-to-energy facility
Masdar has made its first investment in Australia after acquiring a 40 per cent stake in the country’s second utility-scale waste-to-energy (WTE) facility. Masdar made the announcement during Abu Dhabi Sustainability Week (ADSW) 2020.
Published on: 14 JAN 2020
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Masdar celebrates inauguration of landmark 100 MW Nur Navoi Solar project in Uzbekistan
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has inaugurated the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project.
Published on: 28 AUG 2021
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Masdar Achieves Financial Close on Uzbekistan’s First Utility-Scale Wind Farm
Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved financial close on the 500-megawatt (MW) Zarafshan wind project – Uzbekistan’s first utility-scale wind farm.
Published on: 02 SEP 2022
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Masdar and IFC Agree to Explore Ways to Advance Climate Action in Emerging Markets
The collaboration framework was signed by Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar and Mohamed Gouled, Vice President of Industries at IFC, on the side-lines of the World Government Summit 2023, taking place in Dubai this week. HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Masdar Chairman, witnessed the signing, along with Makhtar Diop, Managing Director of IFC.
Published on: 14 FEB 2023
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UAE to host COP28 climate change conference in 2023
The UN Framework Convention on Climate Change (UNFCCC) has officially announced that the UAE will host the 28th Conference of the Parties climate change conference – better known as COP28 – in 2023.
Published on: 14 NOV 2021
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Masdar and IFC Seek to Join Forces on Renewable Energy Investment
The Memorandum of Understanding (MOU), signed yesterday in Washington, D.C., paves the way for the two parties to explore opportunities for the development of large-scale projects including: carbon capture, use and storage; cleantech venture capital and private equity fund co-investment; solar desalination and utility-scale solar and wind power projects.
Published on: 15 MAY 2013
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EDF Renewables, Korea Western Power Co (KOWEPO) and Masdar announce Financial Close of Al Ajban Solar PV project in Abu Dhabi, one of the World’s Largest Solar Power Plants launched by EWEC
The project company, led by EDF Renewables and Korea Western Power (KOWEPO), alongside their partner Abu Dhabi Future Energy Company PJSC – Masdar, announced today the successful financial closing of the 1.5 gigawatt (GW) AC Al Ajban Solar Photovoltaic (PV) Independent Power Producer (IPP) project in the Emirate of Abu Dhabi.
Published on: 17 SEP 2024
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Masdar Joins Forces with RWE in £11 billion Investment to Co-develop Massive 3GW Offshore Wind Projects in UK
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, is part of an £11billion investment into the UK’s renewable energy sector and is purchasing a 49 percent stake in RWE’s 3 gigawatt (GW) Dogger Bank South (DBS) projects - which form one of the world’s largest planned offshore wind farms. DBS is capable of powering millions of British homes, reducing emissions and creating up to 3,000 jobs. Closing of the transaction is subject to customary approvals and expected in the first quarter of 2024.
Published on: 01 DEC 2023
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Masdar Expands European presence with Acquisition of 1GW Renewable Portfolio in Poland
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, today announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finnish-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios.
Published on: 04 DEC 2023
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Masdar signs landmark agreements to develop 4 GW-capacity green hydrogen plants in Egypt by 2030
Masdar, one of the world’s leading renewable energy companies, and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, announced today that they have signed two Memorandums of Understanding with leading Egyptian state-backed organizations to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast.
Published on: 24 APR 2022
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How sustainable technology will help Sharjah turn waste into energy
Sharjah has an ambitious goal to become the first zero-waste city in the Middle East by diverting all of its municipal waste away from landfill sites by 2020. Through a pioneering partnership to develop the country’s first waste-to-energy plant in the emirate, the new facility will play a significant role in achieving the UAE’s clean energy ambitions, while also paving the way for other similar projects to be launched in the country and across the MENA region.
Published on: 28 AUG 2019
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Nine Heads of State to Attend Abu Dhabi Sustainability Week 2016
Abu Dhabi, UAE, 13 January 2016 – His Excellency Enrique Peña Nieto, President of Mexico, will deliver the keynote address to global sustainability leaders convening at the January 18 Opening Ceremony of the upcoming Abu Dhabi Sustainability Week (ADSW). He will be joined at Abu Dhabi Sustainability Week by UN Secretary-General Ban Ki-moon, who will also deliver remarks, as well as nine heads of state.
Published on: 12 JAN 2016
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Masdar City and DANA Sign MoU to develop beta site for innovative agritech pilot projects and testing in the UAE
Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, and DANA, the Abu Dhabi-based venture builder and investment platform, have signed a memorandum of understanding (MoU) to advance food security at the national level, contribute to agritech sustainability, and support the UAE in meeting key objectives in line with the National Food Security Strategy 2051.
Published on: 07 JUN 2022
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The UAE and France agree to form bilateral partnership to focus on the decarbonization of hard-to-abate (HTA) industries
His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, President-Designate for COP28, and Chairman of Masdar, yesterday conferred with His Excellency Bruno Le Maire, Minister of the Economy, Finance, and Industrial and Digital Sovereignty, as part of the French Minister’s visit to the United Arab Emirates.
Published on: 30 JAN 2023
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Abu Dhabi Sustainability Week 2023 Successfully Concludes Setting UAE on Road to COP28
Abu Dhabi Sustainability Week (ADSW), successfully concluded its fifteenth edition, with a resounding show of commitment to climate action ahead of the United Nations Climate Change Conference (COP28), to be held in the UAE later this year.
Published on: 23 JAN 2023
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Masdar Calls upon World Leaders to Pledge Support for Women Tackling Climate Change
Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform today launched a global campaign, I Am WiSER, to raise support for women at the forefront of efforts to tackle climate change and encourage world leaders to press forward with initiatives to build a more inclusive and sustainable future.
Published on: 31 OCT 2022
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Masdar highlights commitment to sustainability in 2019
Masdar has demonstrated its continued commitment to sustainability and corporate governance best practice with its latest sustainability report, which has been certified to Global Reporting Initiative (GRI) standards and is now available on the Masdar website.
Published on: 10 JUN 2020
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DEWA and Masdar reach financial closing on 1800MW 6th phase of Mohammed bin Rashid Al Maktoum Solar Park
Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Future Energy Company (Masdar), announced the financial closing of the 1800-megawatt sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. The solar park’s capacity will exceed 5,000 megawatt by 2030, with investments totalling approximately AED 50 billion. This is a new milestone in promoting the use of clean and renewable energy in the UAE.
Published on: 21 FEB 2024
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Masdar to Acquire Saeta from Brookfield for $1.4 Billion
Abu Dhabi Future Energy Company PJSC - Masdar (“Masdar”), the UAE’s clean energy powerhouse, today announced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“Brookfield”), for an implied enterprise value of c. US$1.4 billion (€1.2 billion). Closing of the transaction is subject to customary approvals and is expected to occur around the end of 2024.
Published on: 24 SEP 2024
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Japanese Minister of Foreign Affairs Tours Masdar & Reaffirms Strong Relationship with Masdar
The Minister of Foreign Affairs was received by Dr. Sultan Ahmed Al Jaber, CEO of Masdar, who provided His Excellency with a comprehensive overview of the company’s progress in developing scalable and commercially viable renewable energy and clean technologies. In addition, his Excellency was updated on the progress of ongoing relationships between Masdar and Japanese companies.
Published on: 09 JAN 2012
