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Dudgeon wind farm signs publicly rated landmark project refinancing of GBP1.4 billion
The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group have announced the signing of a hybrid refinancing that includes approximately GBP561 million of commercial bank debt and GBP706 million of senior secured notes privately placed with institutional investors, finally maturing in 2032. Both tranches have been oversubscribed, underpinning strong investor interest. The A- (EXP) rating by Fitch reflects efficient operations and robust asset performance.
Published on: 13 DEC 2018
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The EDF Renewables-Masdar consortium awarded the Dumat Al Jandal (400 MW) wind project in Saudi Arabia
Paris, January 10th 2019 – The consortium consisting of EDF Renewables and Masdar (Abu Dhabi Future Energy Company PJSC), both global leaders in renewable energy, is announcing that it has won the tender for the Dumat Al Jandal wind farm.
Published on: 10 JAN 2019
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HH Sheikh Mohammed bin Rashid and HH Sheikh Mohammed bin Zayed attend Opening Ceremony of Abu Dhabi Sustainability Week 2019
His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, and 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 welcomed global heads of state, local dignitaries and business leaders to Abu Dhabi Sustainability Week 2019.
Published on: 14 JAN 2019
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Masdar Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals
Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
Published on: 10 OCT 2018
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Cepsa and Masdar focus their collaboration on renewables in Spain and Portugal
Abu Dhabi, UAE, January 15, 2019: Cepsa and Abu Dhabi Future Energy Company (Masdar) have strengthened their collaboration in renewables by today signing a Partnership Agreement at Abu Dhabi Sustainability Week, one of the world’s largest gatherings on sustainability that is currently being held in the UAE capital.
Published on: 15 JAN 2019
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Ras Al Khaimah Municipality launches Model Villa Initiative as part of Masdar partnership
Ras Al Khaimah Municipality, in partnership with Masdar (Abu Dhabi Future Energy Company), has today launched its “Model Villa Initiative”, in an effort to promote energy efficiency and the building of more sustainable residential villas in the emirate.
Published on: 24 SEP 2018
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Financing commitments mark critical milestone in development of Bee’ah’s and Masdar’s Sharjah waste-to-energy facility
Abu Dhabi Future Energy Company, Masdar, and Bee’ah, the UAE’s leading environmental management company, have secured financing commitments for the Sharjah Multi-Fuel Waste-to-Energy Facility, the flagship project of Emirates Waste to Energy, a joint venture between the two companies launched in May 2017.
Published on: 17 JAN 2018
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Masdar joint venture Hywind Scotland exceeds operational milestones in first three months
Abu Dhabi, UAE, February 15, 2018: As the UAE celebrates Innovation Month in February, the developers of Hywind Scotland, the world’s first commercial-scale floating wind farm, have reported better than expected results in the first three months of the project’s operations, with cutting-edge technology playing an important role.
Published on: 14 FEB 2018
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Masdar and Korea Energy Agency to explore renewable energy collaboration and investment
Masdar announced the signing of a memorandum of understanding (MoU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between the Republic of Korea and the United Arab Emirates (UAE).
Published on: 26 MAR 2018
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Solar power – a primer
The energy that the Earth receives from the Sun in just one hour is equal to the total amount of energy consumed by humans in one year. Part of this energy can be converted into electricity by photovoltaic systems. The basic unit of these systems is the light-absorbing solar cell, also called a photovoltaic (PV) cell. Conventional solar cells contain a rigid semiconductor wafer made of crystalline silicon as the PV material, although other PV materials are now in use as well.
Published on: 26 JUN 2019
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President of Costa Rica to speak during Abu Dhabi Sustainability Week
His Excellency Luis Guillermo Solis, President of the Republic of Costa Rica, will discuss the future of sustainable development and reflect on his nation’s success in adopting renewable energy during a presidential address during Abu Dhabi Sustainability Week (ADSW) 2017.
Published on: 01 JAN 2017
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Indian youth say solar power is the energy of the future
Two-thirds of young Indian adults believe solar power should be the priority future energy source for their country, with wind power (56%) and hydroelectricity (37%) ranked second and third most important, respectively.
Published on: 03 JAN 2017
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The Festival at Masdar City brings fun and games to sustainability for fourth consecutive year
The Festival at Masdar City, part of Abu Dhabi Sustainability Week (ADSW), returns for the fourth straight year from January 20-21. The two-day fair is an opportunity for UAE residents and visitors to spend a fun educational weekend at one of the world’s most sustainable cities.
Published on: 11 JAN 2017
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Masdar takes 25% stake in world’s first floating offshore wind farm
Masdar, Abu Dhabi’s renewable energy company, has acquired a stake in Hywind Scotland, a 30-megawatt (MW) floating offshore pilot wind farm in the North Sea, it was announced at an official ceremony during Abu Dhabi Sustainability Week 2017.
Published on: 16 JAN 2017
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UAE launches US$50 million renewable energy fund for the Caribbean
The United Arab Emirates (UAE) today announced a landmark new US$50 million grant fund for renewable energy projects in Caribbean island countries. Launched by HE Reem Al Hashimy, Minister of State for International Cooperation, the UAE-Caribbean Renewable Energy Fund represents one of the largest-ever single investments in the region's clean energy sector, as well as a significant deepening of bilateral relationships between the UAE and Caribbean countries.
Published on: 16 JAN 2017
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Masdar and Statoil collaborate to explore potential of battery storage solution at Hywind Scotland
Masdar, Abu Dhabi Future Energy Company, has announced the signing of a collaborative agreement with Norwegian multinational oil and gas company Statoil to analyse data from “Batwind” – the integrated energy storage system designed to store energy generated by Hywind Scotland, the first commercial-scale floating wind farm that was inaugurated by the two companies last October – and explore the battery’s potential for further applications and business opportunities.
Published on: 16 JAN 2018
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PT Pembangkitan Jawa-Bali and Masdar sign PDA for 200MW floating solar PV Plant
Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of the state electricity company Perusahaan Listrik Negara (PLN), and Masdar, Abu Dhabi Future Energy Company, signed today a project development agreement (PDA) for the world’s largest floating solar photovoltaic (PV) power plant.
Published on: 27 NOV 2017
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Masdar supporting UAE drive to become one of the most innovative countries in the world
Established in 2006 to help maintain Abu Dhabi’s leadership in the global energy sector, while supporting the diversification of both its economy and energy sources for the benefit of future generations, Masdar has more than a decade of innovation to its name.
Published on: 24 FEB 2018
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Masdar Awards Contracts for Advanced Energy-Efficient Desalination Pilot Project
Abu Dhabi, UAE – 5 May, 2014: Masdar today awardedfour companies – Abengoa, Degrémont, Sidem/Veolia and Trevi Systems – withcontracts to each start the construction of a desalination plant as part ofMasdar’s pilot project in Abu Dhabi. First announced in January 2013, theproject aims to develop and demonstrate energy-efficient seawater desalinationtechnologies efficient enough to be powered by renewable energy. The newtechnologies are expected to allow the implementation of cost-competitivelarge-scale seawater desalination plants powered by renewable energy in the UAEand abroad.
Published on: 04 MAY 2014
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Mauritania solar network passes 50% milestone
Masdar, Abu Dhabi’s future energy company, today announced that it had passed the halfway mark in its project to construct a 16.6 MW solar power plant network in the Islamic Republic of Mauritania. Masdar broke ground on the project in December last year. When complete, the network of eight solar power plants will almost double the UAE’s contribution to Mauritania’s renewable energy capacity to a total of 31.6 MW.
Published on: 16 AUG 2016
