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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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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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Masdar solar plant brings light to communities in Belize
Children can study with ease and residents can walk safely at night in rural Belize, thanks to renewable electricity generated by a UAE-funded Masdar project.
Published on: 05 JUN 2023
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Shams celebrates 10 years of powering change
Named after the sun, the Shams solar power project has been a shining light in renewable energy in the Middle East since 2013 and Masdar’s first utility-scale solar project in the region is now celebrating its 10th anniversary this week.
Published on: 16 MAR 2023
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Masdar’s WiSER Annual Forum Explores Plans to Boost Women’s Leadership in Climate Adaptation at ADSW 2023
Over 120 influential figures came together to explore ways to boost women’s leadership in climate adaptation at an annual forum held by Women in Sustainability, Environment and Renewable Energy (WiSER), a global platform run by the UAE’s clean energy powerhouse Masdar.
Published on: 19 JAN 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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Masdar acquires stake in Montenegro’s first wind farm
Masdar, Abu Dhabi Future Energy Company, today signed a share purchase agreement (SPA) with Akuo Energy, the leading French IPP in renewable energy, to enter into the Krnovo Wind Farm, Montenegro’s first wind energy project.
Published on: 14 JAN 2018
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100 MW Solar PV Agreement Marks Masdar’s First Entry into Turkmenistan
Masdar, one of the world’s leading renewable energy companies, has signed a joint development agreement (JDA) with Turkmenenergo State Power Corporation of the Ministry of Energy of Turkmenistan (Turkmenenergo), to develop a 100 megawatt (MWac) solar photovoltaic (PV) plant, which will be the company’s first project in Turkmenistan.
Published on: 22 NOV 2022
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ADSW Summit white paper sets out pathway to Net Zero
Abu Dhabi Sustainability Week, the sustainability platform hosted by Masdar, has produced a white paper highlighting some of the key findings from the ADSW Summit 2022, held in January. The Journey to Net Zero reflects the key themes of the event: Global Collaboration & Leadership, Innovation and Technology, and Sustainable Finance.
Published on: 06 APR 2022
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ADSW 2022’s World Future Energy Summit powered by clean energy from EWEC
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development hosted by Masdar, has today announced that the World Future Energy Summit, a key event at ADSW 2022, was powered by clean energy, thanks to a partnership with Emirates Water and Electricity Company (EWEC).
Published on: 26 JAN 2022
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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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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 partners with Harvard Business Review to research ESG adoption
Abu Dhabi Sustainability Week, hosted by Masdar, partnered with Harvard Business Review to conduct survey-led research into issues around the adoption of environmental, social and governance (ESG) practices and try to understand just how businesses are implementing ESG strategies.
Published on: 04 APR 2022
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UAE convenes world leaders from policy, business and industry to take climate action and accelerate sustainable development
Abu Dhabi Sustainability Week (ADSW) 2022 taking place from 15 – 19 January, will convene global leaders, including heads of state, policy makers, and international business leaders, as the United Arab Emirates aims to take the agenda global sustainability forward and accelerate pathways to net zero.
Published on: 10 JAN 2022
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Africa Primed to Become Global Green Hydrogen Leader, Landmark Masdar Report Finds
Africa could capture as much as 10 percent of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as US$120 billion to the continent’s gross domestic product (GDP), according to a landmark report issued jointly by Masdar and its Abu Dhabi Sustainability Week (ADSW) platform on the sidelines of the 2022 United Nations Climate Change Conference (COP27).
Published on: 11 NOV 2022
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Masdar led consortium strengthens partnership
Masdar, the UAE’s flagship clean energy company, and its consortium partners, Infinity Power Holding and Hassan Allam Utilities, announced that they have signed a framework agreement with leading Egyptian state-backed organizations on the development of a 2 gigawatt (GW) green hydrogen project in the Suez Canal Economic Zone (SCZONE).
Published on: 16 NOV 2022
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Masdar Empowers Next Generation of Global Sustainability Leaders to Innovate Climate Solutions at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Youth 4 Sustainability (Y4S) initiative convened global industry leaders, regional policymakers, students and young professionals for a series of events to empower youth climate engagement and action on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 17 NOV 2022
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Masdar and Emirates Steel Arkan to develop MENA region’s first green hydrogen-based project to decarbonize the UAE’s hard-to-abate steel sector
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has partnered with Emirates Steel Arkan, (ADX: EMSTEEL), one of the largest publicly traded steel and building materials manufacturers in the region, to develop an innovative green hydrogen project to decarbonize the hard-to-abate steel sector in the UAE.
Published on: 22 NOV 2023
