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.

Masdar provides funding to keep Swainson’s hawks in Antelope Valley

Solar power is a wonderful resource as we transition to a world fuelled by clean energy but it requires responsible development to protect indigenous species that have lived and prospered undisturbed in an area for centuries.

‘Green recovery’ to take center stage as ADSW Summit opens for registration

Registration is now open for the ADSW Summit, part of Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, which will take place virtually in January 2021.

Masdar and ENGIE sign collaboration agreement with Fertiglobe to co-develop green hydrogen

Masdar, one of the world’s leading renewable energy companies, and ENGIE, a global player in low-carbon energy and services, have signed a collaboration agreement with Fertiglobe, the strategic partnership between OCI N.V. and the Abu Dhabi National Oil Company (ADNOC), and the world’s largest seaborne exporter of urea and merchant ammonia.

Masdar Green REIT signs green financing commitment with First Abu Dhabi Bank for growth of its portfolio

Masdar City, Masdar’s pioneering sustainable urban development in Abu Dhabi, through its Masdar Green Real Estate Investment Trust (REIT), has signed a financing commitment in the amount of USD$200,000,000, with First Abu Dhabi Bank (FAB) relating to financing of the REIT portfolio to facilitate further acquisitions and portfolio growth. FAB will act as sole mandated lead arranger and bookrunner, green loan coordinator, agent, security agent and account bank for this transaction.

Masdar welcomes new policy to ban single-use plastics in Abu Dhabi

Masdar has welcomed the decision by the Environment Agency – Abu Dhabi (EAD) to ban the use of single-use plastic in Abu Dhabi by 2021.

Masdar signs agreement with TANESCO to support Tanzania’s clean energy objectives

Masdar has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) to develop renewable energy projects in the East African nation.

Masdar-EDF Renewables-Nesma consortium reaches financial close and starts construction on 300 MW solar project in Saudi Arabia

The consortium led by Masdar and EDF Renewables, both global leaders in renewable energy, and Nesma Company, announced today it has reached financial close on a 300-megawatt (MW) utility-scale photovoltaic (PV) solar power plant in Jeddah and is starting construction.

Masdar supports MEA Energy Week to advance energy transformation agenda

Masdar is a key partner for Siemens Energy’s MEA Energy Week virtual conference, designed to drive forward the sustainability and decarbonization agenda at a defining moment in the energy industry.

WiSER white paper highlights impact of artificial intelligence on gender parity in sustainability sector

Partnerships can help sovereign funds operate as climate-aligned investors

Sovereign wealth funds can leverage partnerships to help them bridge “capability gaps” and operate more effectively as climate-aligned investors, according to a new report from the Organisation for Economic Cooperation and Development (OECD) Development Centre. The report cites Mubadala Investment Company’s Masdar as an example of a company that has made partnerships a “core component” of its investment strategy.

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.

UAE announces new development and funding 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.

UAE’s 20by2020 Initiative Brings Life-Changing Water Solution to Thousands in Cambodian Villages

Thousands of people across three Cambodian villages can now live safer, healthier lives following the deployment of new water purifying technology as part of the Zayed Sustainability Prize’s UAE-driven humanitarian initiative, 20by2020.

UAE’s Hope Probe Mission past midway point of journey to red planet

The Emirates Mars Mission Hope Probe has travelled over halfway to the red planet and has successfully completed the mid-flight testing of all of its equipment, Her Excellency Sarah Al Amiri, Minister of Advanced Technology and Chairperson of the UAE Space Agency said at a Masdar employee event today.

ADQ Launches AED1.1billion fund to help start-ups establish headquarters in Masdar City

ADQ, one of the region’s largest holding companies with a diverse portfolio spanning key sectors of Abu Dhabi’s non-oil economy, has launched an AED1.1billion venture fund that will help early-stage businesses set up global or regional headquarters in Masdar City.

Masdar expands presence in Australia with investment in Maryvale Energy from Waste project

Masdar has made its second investment in Australia after joining the Maryvale Energy from Waste (EfW) project in the state of Victoria as an equity partner.

Masdar agrees to develop utility-scale solar power project in Azerbaijan

Masdar has signed agreements to develop a utility-scale solar photovoltaic (PV) project in the Republic of Azerbaijan. The 230-megawatt (MWac) project is the country’s first foreign investment-based independent solar project structured as a public-private partnership.

Masdar signs MoU promoting education of youth

Masdar, a global leader in sustainability, and the Abdulla Al Ghurair Foundation for Education (AGFE), a leading private philanthropic organisation focused on education, have signed a Memorandum of Understanding (MoU) to collaborate on using their respective youth platforms to advance the development of young people in the UAE.

Masdar and EDF Renewables enter strategic alliance to explore renewable energy opportunities in Israel

Masdar and EDF Renewables announced today that they have signed a strategic agreement to explore renewable energy opportunities in Israel and support the country’s clean-energy objectives.