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Shams celebrates 7 years of impact
Shams, one of the world’s largest concentrated solar power plants (CSP), celebrated its 7th anniversary on March 17.
Published on: 18 MAR 2020
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Nature not rebounding quickly enough in COVID-19 pandemic, says HE Razan Khalifa Al Mubarak
While global measures to combat the COVID-19 pandemic have temporarily reduced air pollution and greenhouse gas emissions, they have also hampered efforts to prevent biodiversity loss, Her Excellency Razan Khalifa Al Mubarak said at a virtual event today. Recovery plans must not only facilitate an economic rebound, they must also deliver a biodiversity stimulus, she told employees at Masdar.
Published on: 09 JUL 2020
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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.
Published on: 22 JUL 2020
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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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Renewable energy stocks outperforming fossil fuel peers during COVID-19 crisis
Renewable power stocks have outperformed fossil fuels peers both over the past 10 years and during the COVID-19 crisis, according to a new report published by Imperial College Business School in the UK.
Published on: 01 JUN 2020
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Ryse Energy moves to Masdar City to capture US$200 billion off-grid renewables opportunity
Ryse Energy, a global leader in renewable off-grid energy systems with over 4,000 installations across all seven continents, has moved to Masdar City, Abu Dhabi, to expand into new markets and capture the multi-billion dollar market opportunities represented in the off-grid energy space across the globe.
Published on: 08 NOV 2020
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10 things you didn’t know about Masdar City
Anyone can visit Masdar City: That’s right. If you want to discover more about how a sustainable urban community looks and works, visit Masdar City and explore its different elements. Don’t forget to download the Masdar City mobile app for a self-guided tour at your convenience.
Published on: 30 MAR 2021
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2020 marks start of ‘decade of action’ UAE and international policymakers declare ahead of ADSW 2020
2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared today ahead of Abu Dhabi Sustainability Week (ADSW).
Published on: 06 JAN 2020
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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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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.
Published on: 16 JAN 2020
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UAE-CREF solar PV project in the Bahamas wins award
The Bahamas’ first utility-scale solar photovoltaic (PV) plant, which was developed by Masdar in partnership with the Ministry of Foreign Affairs and International Cooperation and Abu Dhabi Fund for Development, has won a prestigious award in the United States.
Published on: 14 NOV 2019
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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.
Published on: 26 OCT 2020
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UAE’s solar power output set to receive boost from clearer skies during coronavirus crisis
The dramatic drops in air pollution caused by restrictions imposed due to the COVID-19 pandemic could help boost the UAE’s solar power generation, with a number of countries in Europe having already posted record outputs.
Published on: 25 MAY 2020
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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.
Published on: 20 MAY 2020
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AIWF and WiSER sign MoU to drive female participation in sustainability
The London-based Arab International Women’s Forum (AIWF) and Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s outreach platforms, have signed a Memorandum of Understanding (MoU) that aims to inspire women of all ages to play a more active role in addressing global sustainability challenges and to give them better opportunities in science, technology, engineering and mathematics (STEM) disciplines.
Published on: 23 MAR 2021
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Energy transition investment needs to double over next three years to deliver sustainable recovery: IRENA
Doubling global annual investment in the clean-energy transition over the next three years will support a sustainable recovery post-COVID-19 and create an additional 5.5 million jobs, the head of the International Renewable Energy Agency (IRENA) told Masdar employees at a company virtual event.
Published on: 24 SEP 2020
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Masdar achieves first close on 1.6 GW clean energy portfolio in United States from EDF Renewables
Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt (GW) clean-energy portfolio of projects in the United States from EDF Renewables North America.
Published on: 08 FEB 2021
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Masdar and China Gezhouba Group International Engineering agree to explore global collaboration
Masdar, one of the world’s leading renewable energy companies, and China Gezhouba Group International Engineering Company (CGGC INTL), announced today that they have signed a Memorandum of Understanding (MoU) to explore potential areas of collaboration on renewable energy projects worldwide.
Published on: 21 JAN 2021
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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.
Published on: 21 JAN 2021
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Masdar and EDF Renewables agree to partner in eight renewable energy projects in United States
Masdar has announced its second strategic investment in the United States (US) in a deal with EDF Renewables North America that will see it acquire a 50 percent stake in a 1.6-gigawatt (GW) clean-energy portfolio.
Published on: 13 AUG 2020