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Octopus Energy Group and Masdar sign agreement to manage UK battery storage
Global energy tech group Octopus Energy announced today it has signed a framework agreement with Masdar, one of the world’s leading clean energy companies, to license Octopus’ groundbreaking technology platform Kraken. Masdar will use Kraken to flexibly manage its battery storage portfolio in the UK.
Published on: 09 MAY 2023
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Infinity Power signs MOU with Copelouzos Group to Jointly Develop Renewable Energy Projects
Copelouzos Group, through its subsidiary companies DAMCO ENERGY and ELICA MEDITERRANEAN INTERCONNECTION, and Infinity Power, a joint venture between Masdar (Abu Dhabi Future Energy Company) and Egypt’s Infinity, have signed a Memorandum of Understanding in order to access, on a non-exclusive basis, the possibility of jointly developing renewable energy projects that will provide GREGY electrical interconnection with a source of green energy.
Published on: 17 MAY 2023
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Masdar Expands Presence in US with Completion of Acquisition of Big Beau Project Stake from EDF Renewables North America
Masdar, one of the world’s fastest-growing clean energy companies, has further expanded its presence in the United States’ renewables market after closing the acquisition of a 50 percent stake in a combined solar and battery storage project from EDF Renewables North America.
Published on: 12 APR 2023
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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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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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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 Opens Office in Azerbaijan to Support Nation’s Clean Energy Objectives
Masdar, one of the world’s fastest-growing renewable energy companies, has pledged to strengthen its support for Azerbaijan’s renewable energy development with the opening of an office in Baku, the capital city.
Published on: 06 FEB 2023
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Masdar celebrates installation of 19,438 Solar Home Systems in rural Morocco
Masdar, Abu Dhabi’s renewable energy company, announced today at Abu Dhabi Sustainability Week (ADSW), it has successfully completed installing a landmark off-grid solar power project that extends energy access to 19,438 homes in more than 1,000 rural villages in the Kingdom of Morocco.
Published on: 13 JAN 2018
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TAQA, ADNOC, and Mubadala Complete Landmark Transaction for Stake in Masdar Clean Energy Powerhouse
New Masdar outlines ambitious growth plans to bolster position as a global leader in clean energy and green hydrogen
Published on: 08 DEC 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-led joint venture completes financing to develop Jordan’s largest solar power project
Masdar, Abu Dhabi Future Energy Company, announced at Abu Dhabi Sustainability Week that the financing of the largest solar power plant in the Hashemite Kingdom of Jordan has been completed.
Published on: 16 JAN 2018
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The plight of climate change demands gender parity
The UAE’s bid to host the 28th session of the Conference of Parties (COP 28) global climate summit in 2023 came with an unequivocal message that gender equality is “inseparable” from achieving a peaceful, prosperous and sustainable future for all.
Published on: 26 JUN 2021
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Region’s First Commercial Scale Waste to Energy Plant inaugurated in Sharjah Represents Major Achievement in Low Carbon Energy Production
The Emirates Waste to Energy company, a joint venture between BEEAH, the Middle East’s sustainability pioneer, and Masdar, one of the world’s leading renewable energy companies, has announced the inauguration of the Sharjah Waste to Energy plant, the first commercial scale plant of its kind in the Middle East.
Published on: 24 MAY 2022
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Khaled bin Mohamed bin Zayed Witnesses Signing of Strategic New Energy Partnership between ADNOC, bp and Masdar to Maximize Hydrogen Opportunities in the Energy Transition
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and Chairman of the Executive Committee of the Board of Directors of Abu Dhabi National Oil Company (ADNOC), has witnessed the signing of a partnership between Abu Dhabi National Oil Company (ADNOC), bp and Masdar to progress their strategic new energy partnership through the development of clean hydrogen and technology hubs, maximizing opportunities of the energy transition.
Published on: 24 MAY 2022
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Global CCS Institute Opens First Regional Headquarters at Masdar City
Abu Dhabi, United Arab Emirates; 30th August 2022: Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, has announced the opening of the Global Carbon Capture and Storage (CCS) Institute’s first Middle East headquarters. The opening was attended by the Institute’s global CEO, Jarad Daniels, who was visiting the region as part of a five-day tour, accompanied by the Institute’s Head of the MENA Region, Dr Mohammed Abu Zahra, and General Manager of Client Engagement, Jeff Erikson.
Published on: 30 AUG 2022
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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 City and the UAE Space Agency Announce Exclusive Business Package for Start-Ups and SMEs at the UAE’s First Space Economic Zone
Abu Dhabi, United Arab Emirates, 21st September 2022: Masdar City, in partnership with the UAE Space Agency, has announced the introduction of a new business incubation and acceleration package for space related start-ups and small and medium enterprises (SMEs), joining the Space Economic Zone Program in Masdar City – Abu Dhabi.
Published on: 21 SEP 2022
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Masdar supports campaign to host Expo 2020
Abu Dhabi, UAE, March 1, 2012: In November 2011, the United Arab Emirates presented its bid to the Bureau International des Expositions (BIE) in Paris to host the World Expo in Dubai, between January 4 and June 30, 2020. Dr. Sultan Ahmed Al Jaber, Chief Executive Officer, Masdar, conveyed his support to the efforts of the United Arab Emirates in hosting World Expo 2020; highlighting the Expo’s focus on sustainable development.
Published on: 29 FEB 2012
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Masdar welcomes over 6,500 school children
Over the past two years, Masdar has put in concerted efforts towards spreading the message of sustainable development among the youth. During the last six months, Masdar has hosted more than 2,000 students from over 50 schools to acquaint the younger generation with its sustainability efforts.
Published on: 23 MAY 2012