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EWEC Announces Partners to Develop the World’s Largest Solar Power Plant
The Emirates Water and Electricity Company (EWEC) has announced the award for the development of the world’s largest solar power plant. The project was awarded to a consortium led by Abu Dhabi National Energy Company (TAQA) and Masdar, with partners EDF and JinkoPower, to develop the 2 GW Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project, which will be located approximately 35 kilometers from Abu Dhabi city. The project’s power purchase agreement (PPA) and shareholders’ agreement were signed with EWEC.
Published on: 26 JUL 2020
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IFC appointed to oversee funding of Jordan’s largest solar power project
Masdar, Abu Dhabi’s renewable energy company, has selected International Finance Corporation (IFC), a member of the World Bank Group, to oversee the funding of the largest solar power plant in the Hashemite Kingdom of Jordan, a 200-megawatt (MW) photovoltaic facility being developed by the wholly owned Masdar subsidiary Baynouna Solar Energy Company (BSEC).
Published on: 17 JAN 2017
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Masdar achieves financial close on landmark 100 MW Nur Navoi Solar project in Uzbekistan
Masdar has announced the financial close of the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project.
Published on: 23 DEC 2020
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Masdar Announces Fifth Annual ‘Engage’ Social Media Contest Winner
Masdar, Abu Dhabi’s renewable energy company, has announced the winner of its fifth annual Engage Social Media Contest. This year’s contest received 130 entries, a record level of participation in the five years of this competition, with submissions coming from 45 nations across six continents. For the first time, the contest welcomed submissions in formats other than blogging posts, which led to entries that included videos, slideshows and Tumblr updates.
Published on: 11 JAN 2017
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Masdar highlights opportunities to invest in a greener urban landscape at FinTech Abu Dhabi 2020
“The leadership of the UAE has expressed a bold vision for sustainable development; through financial and technology innovation, we can accelerate our progress in realizing that vision for our country.” This was the central message of a keynote speech from Yousef Baselaib, Executive Director for Strategy and Corporate Development at Masdar, during a FinTech webinar about opportunities to invest in a greener urban landscape.
Published on: 10 NOV 2020
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Middle Easts largest wind farm in the Kingdom of Saudi Arabia reaches halfway mark on construction
HRH Prince Abdulaziz bin Salman, Minister of Energy, Kingdom of Saudi Arabia, HRH Prince Faisal bin Nawaf, Governor of Al-Jouf Province, Kingdom of Saudi Arabia, His Excellency Ludovic Pouille, French Ambassador to Saudi Arabia, His Excellency Ole Mosby, Danish Ambassador to Saudi Arabia, Bruno Bensasson, EDF Group Senior Executive Vice-President Renewable Energies, and Fawaz Al Muharrami, Acting Executive Director, Clean Energy, Masdar visited the Dumat Al Jandal wind farm construction site, for a site visit to mark the completion of 50 percent of the project.
Published on: 09 APR 2021
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Abu Dhabi Sustainability Week 2018 to focus on Driving the Global Energy Transformation
Under the patronage of HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the next edition of Abu Dhabi Sustainability Week (ADSW) will focus on ‘Driving the Global Energy Transformation’, it was announced today at a press conference to launch the event, which takes place from 13-20 January at the Abu Dhabi National Exhibition Centre.
Published on: 20 DEC 2017
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Masdar unveils locally manufactured all-electric Eco-Bus at Abu Dhabi Sustainability Week 2018
A template for future sustainable public transport solutions, the working prototype was jointly developed by Masdar and Abu Dhabi-based Hafilat Industry in collaboration with the Masdar Institute, part of Khalifa University of Science and Technology. Technology partner Siemens provided the bus’s engine giving the vehicle a range of 150 kilometres per charge while minimising the size and weight of its battery.
Published on: 14 JAN 2018
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Autonomous vehicle specialist NAVYA to realise expansion of Masdar City sustainable mobility networ
Following the results of a global industry competition launched at Abu Dhabi Sustainability Week last year, Masdar, Abu Dhabi Future Energy Company, has selected autonomous vehicle producer NAVYA as the most technically and commercially qualified contestant for the next phase of the mobility network of Masdar City.
Published on: 15 JAN 2018
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HH Mohammed bin Zayed attends ADSW 2017 Opening Ceremony
His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, today stated that His Highness Sheikh Khalifa Bin Zayed, President of the UAE, has always guided the UAE towards educating young people on the principles of sustainable development, in line with the vision and approach of the UAE’s founding father, Sheikh Zayed Bin Sultan Al Nahyan.
Published on: 16 JAN 2018
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Solar and wind account for 67% of New Power Capacity Added Worldwide in 2019: BNEF
Solar and wind power accounted for over two-thirds of the 265GW of new capacity installed worldwide in 2019, up from less than a quarter of new build in 2010, according to data from BloombergNEF. Photovoltaics (PV) topped all other technologies in new-build terms, with a record 118 gigawatts constructed, and was the most popular technology deployed in a third of nations, the research company said.
Published on: 16 SEP 2020
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Economic Cities Authority and Masdar to establish cooperation to advance Saudi Economic Cities
The Economic Cities Authority (ECA), Kingdom of Saudi Arabia (KSA), signed a memorandum of understanding (MoU) with Masdar, Abu Dhabi Future Energy Company, aiming to cooperate on projects and services to progress the Saudi Economic Cities initiative and in turn advance the strategic objectives of both parties.
Published on: 17 JAN 2018
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Cepsa and Masdar join forces to expand their renewables businesses internationally
Cepsa, a global energy company with more than 85 years’ experience, and Masdar, Abu Dhabi Future Energy Company, an international leader in renewables and sustainable urban development, have signed a Memorandum of Understanding (MOU) to explore renewable energy project collaboration, especially wind and solar. Cepsa and Masdar aim to expand their international presence in the renewable energy market through the signing of this agreement.
Published on: 18 JAN 2018
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Masdar signs strategic agreement with Samruk-Kazyna to explore renewable energy opportunities in Kazakhstan
Masdar and Samruk-Kazyna, the sovereign wealth fund of the Republic of Kazakhstan, have signed a strategic agreement to explore renewable energy opportunities in Kazakhstan and support the country’s clean-energy objectives.
Published on: 25 FEB 2021
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Electric Vehicle Road Trip sets off from World Future Energy Summit
The World Future Energy Summit, part of Abu Dhabi Sustainability Week, was the launch platform today for the 2018 Electric Vehicle Road Trip (EVRT), in the presence of His Excellency Suhail Al Mazrouei, Minister of Energy and Industry.
Published on: 18 JAN 2018
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Masdar enters strategic alliance to explore renewable energy opportunities in Ukraine
Masdar, parent company Mubadala Investment Company, and DTEK, Ukraine’s largest private power producer, have signed a strategic agreement to explore potential clean energy investments in Ukraine.
Published on: 15 FEB 2021
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Reimagined Abu Dhabi Sustainability Week concludes with global commitment to deliver green recovery in 2021
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, concluded on Thursday with a resounding global commitment to deliver a green recovery in 2021. From January 18 to 21, ADSW took place in a reimagined virtual setting and attracted more than 100,000 views across its online platforms from 175 countries, reiterating its importance as the annual global sustainability event that sets the agenda for the year.
Published on: 26 JAN 2021
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Masdar celebrates fifth anniversary of flagship Middle East solar energy project Shams 1
Shams Power Company, the developer, owner and operator of the UAE’s first large-scale solar power project, Shams 1, is celebrating five years of uninterrupted electricity generation at the plant this month.
Published on: 20 MAR 2018
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Masdar and Emirates Post to deliver new postal services for Masdar Free Zone tenants
Masdar, Abu Dhabi Future Energy Company, and Emirates Post – the nations’ leading post and express provider – have announced the signing of a Memorandum of Understanding (MoU), to provide dedicated Emirates Post Business Boxes and postal services for Masdar Free Zone companies.
Published on: 23 APR 2018
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Saint-Gobain’s First Multi Comfort House in the Middle East Breaks Ground at Masdar City
In the presence of HE Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment and Ludovic Pouille, French Ambassador to the UAE, Pierre-André de Chalendar, Chairman and Chief Executive Officer (CEO) of Saint-Gobain, and Mohamed Jameel Al Ramahi, CEO of Masdar (Abu Dhabi Future Energy Company), conducted today’s foundation stone laying ceremony.
Published on: 13 MAY 2018