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Masdar Achieves Financial Close on Three Solar Projects in Uzbekistan
Financing for the projects is being provided by the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB). The Dutch Entrepreneurial Development Bank, FMO, and ILX are acting as B loan participants.
Published on: 06 APR 2023
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Infinity Power Finalizes Acquisition of Lekela Power in Africa’s Biggest Renewable Energy Deal
Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, announced today it has completed the acquisition of the entire shareholding of Lekela Power. The transaction makes Infinity Power the largest renewable energy company on the African continent. Infinity’s key stakeholders include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD).
Published on: 20 MAR 2023
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Renewable energy capacity must triple by 2030, Masdar Chairman tells CERAWeek
Renewable energy capacity needs to triple by the end of this decade if the world is to meet climate targets, Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, said in his keynote speech at CERAWeek in Houston, Texas.
Published on: 07 MAR 2023
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Emerge and Miral Celebrate Inauguration of Abu Dhabi’s Largest Rooftop Solar Project at Warner Bros. World™ Abu Dhabi
Emerge, a joint venture between Masdar and EDF, and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, have inaugurated the 7-megawatt peak (MWp) rooftop solar photovoltaic (PV) project at Warner Bros. World™ Abu Dhabi on Yas Island, making it the largest rooftop solar project in the UAE capital.
Published on: 14 MAR 2023
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Masdar Signs Roadmap for up to 1GW Wind Power Project in Kazakhstan
Abu Dhabi Future Energy Company PJSC - Masdar, one of the world's leading clean energy companies, signed a roadmap for developing up to 1 gigawatt (GW) wind power plant in Kazakhstan to support the country's goal of achieving half its energy mix from renewables by 2050.
Published on: 12 JUN 2023
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In the presence of the Jordanian Prime Minister Masdar Inaugurates Baynouna Solar Park, the largest of its kind in Jordan
The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar, and Finnish investment and asset management group Taaleri, has announced the formal inauguration of the 200-megawatt (MW) Baynouna Solar Park – the largest clean energy project in Jordan.
Published on: 25 FEB 2023
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Masdar’s first floating solar power plant creates positive ripples in Indonesia
Developed by Masdar and its partners, this feat of engineering will soon deliver renewable energy to 50,000 homes, cut emissions, and create widespread change in communities.
Published on: 02 AUG 2023
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Held under the patronage of Khaled bin Mohamed bin Zayed Masdar’s Youth 4 Sustainability (Y4S) platform returns to Abu Dhabi Sustainability Week
Masdar, one of the world’s leading renewable energy companies and the host of Abu Dhabi Sustainability Week (ADSW), has announced the opening of registration for the 2022 Youth 4 Sustainability (Y4S) forum, a series of youth-led discussions taking place from January 17 – 19 as part of ADSW 2022.
Published on: 13 JAN 2022
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Masdar and DEWA Commit to Support UAE Sustainability Objectives with Partnership Agreement for ADSW and WETEX
Abu Dhabi Sustainability Week (ADSW), the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, and Dubai Electricity and Water Authority (DEWA), announced today the signing of a three-year partnership agreement to sponsor ADSW and DEWA’s annual Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show.
Published on: 18 JAN 2023
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Masdar and Africa50 Join Forces to Accelerate Clean Energy Transition Across Africa
Abu Dhabi Future Energy Company PJSC – Masdar has announced a partnership with Africa50, the pan-African infrastructure investment platform to identify, fast-track and scale clean energy projects across the continent. The UAE’s clean energy champion has signed a memorandum of understanding (MoU) with Africa50 which will work to bridge the infrastructure funding gap and mobilize public and private finance.
Published on: 07 SEP 2023
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Mohammed bin Rashid attends Abu Dhabi Sustainability Week opening ceremony at Expo 2020 Dubai
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today attended the opening ceremony of Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainability hosted by Masdar – Abu Dhabi Future Energy Company.
Published on: 17 JAN 2022
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Masdar Acquires Arlington Energy to Advance Renewable Energy Storage Market
Abu Dhabi, United Arab Emirates; October 25, 2022: Masdar, one of the world’s leading renewable energy companies, today announced it has aquired UK-based battery energy storage system (BESS) developer Arlington Energy. The acquisition will enable Masdar to expand its presence in the UK and European renewable energy markets and support countries’ net-zero objectives.
Published on: 25 OCT 2022
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Board of Trustees Annual Meeting Reviews Masdar Institute’s Next Phase Growth Plan
The Board of Trustees of Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, reviewed the progress of the research-based institution during an annual meeting and approved its next phase growth strategy for the coming years.
Published on: 11 NOV 2013
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Masdar Joint Venture Powers COP27 with Zero-Carbon Energy
Abu Dhabi, United Arab Emirates; November 5, 2022: Infinity Power Holding, the joint venture between the UAE’s Masdar and Egypt’s Infinity, announced today that the solar photovoltaic (PV) plant it has developed in Sharm El-Sheikh is now fully operational – ready to provide clean, renewable energy to COP27, the United Nations climate change conference taking place in the Egyptian city.
Published on: 05 NOV 2022
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Ban Ki-moon Launching UN’s International Year of Sustainable Energy for All at WFES
The Secretary-General’s return to Abu Dhabi underscores the importance he places on energy issues, most notably his new Sustainable Energy for All Initiative. The Secretary-General has set three objectives for his Initiative to be achieved by 2030: ensure universal access to modern energy services; double the rate of improvement in energy efficiency; and double the share of renewable energy in the global energy mix.
Published on: 11 JAN 2012
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Masdar CEO named United Nations’ “Champion of the Earth”
Organized by United Nations Environment Programme (UNEP), the award seeks to honour individuals whose actions and leadership have made a far-reaching positive impact on the environment. The award is a precursor to the United Arab Emirates’ participation at the 20th anniversary of the United Nations Earth Summit in Rio de Janeiro in June, during which governments and civil society will review progress and renew their commitment to global sustainability.
Published on: 04 JUN 2012
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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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UAE announces new agreements under US$50m Caribbean Renewable Energy Fund
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and funding agreements for the Dominican Republic, Haiti, Guyana, Grenada, Saint Kitts and Nevis, Trinidad and Tobago, and Suriname.
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UAE Signs Agreement to Convert Green Growth Institute into Int. Organization
The United Arab Emirates has signed an agreement to convert the Global Green Growth Institute (GGGI) from a Korean Foundation to an international organization, which will now include the membership of 17 countries from around the world.
Published on: 02 JUL 2012
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Masdar signs agreement to explore export of renewable energy from Indonesia to Singapore
Masdar, one of the world’s leading renewable energy companies, announced today that it has signed a Memorandum of Understanding (MoU) with Singapore’s Tuas Power, France’s EDF Renewables, and PT Indonesia Power to explore the development of renewable energy within Indonesia for export to Singapore.
Published on: 18 JAN 2022
