HE Suhail Al Mazrouei predicts a dominant role for renewables in the future

The seventh edition of Masdar Live saw His Excellency Suhail Al Mazrouei, Minister of Energy and Infrastructure, share his insights about the current fossil fuel economy and his hopes for the energy economy of the future.

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 is dedicated accelerating sustainable development

Masdar is dedicated to a low-carbon recovery post-COVID-19, according to Yousif Al Ali, Executive Director, Clean Energy.

Masdar more than doubles clean energy capacity over 2 years generating enough electricity to power over 4 million homes

Masdar has released its 2020 Annual Sustainability Report that revealed it more than doubled its clean energy capacity over two years to generate enough electricity to power over four million homes. The capacity of the renewable energy projects that Masdar is a partner in has risen to over 10.7 GW in 2020 from 4 GW in 2019, with the company’s global operating clean energy portfolio displacing close to 6.5 million metric tons of CO2 annually.

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.

Youth 4 Sustainability workshop explores the power of Artificial Intelligence

Artificial Intelligence will provide job opportunities and help people rather than compete with them, participants of a Youth 4 Sustainability (Y4S) workshop heard last week. The workshop, hosted by Y4S, one of Masdar’s strategic initiatives, explored the concept of Artificial Intelligence (AI), how the UAE is applying the technology and applications of AI in future employment.

Retrofitting existing buildings: a crucial step to net zero

A report by The Intergovernmental Panel on Climate Change (IPCC) last year highlighted that drastic and far reaching action is necessary to limit global temperature rise to 1.5 degrees Celsius – a threshold to avoid the worst impacts of climate change.

Ecothon Plus competition winners announced at the World Energy Congress

Masdar has awarded the winners of the Ecothon Plus competition at the World Energy Congress in Abu Dhabi. The competition was held as part of Masdar’s Future Sustainability Leaders programme. In collaboration with the UAE Emirates Red Crescent, the Ecothon aimed to provide energy-efficient solutions for the UAE-Jordanian Refugee Camp in Marajeeb Al Fhood, Jordan. The camp is operated by Emirates Red Crescent Society and provides humanitarian aid to over 4,000 refugees.

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.

‘Pioneers of Success’ program helps Masdar’s managers reach new heights

As the global leader on the front line of clean energy research, technology, and commercialization, Masdar recognizes the importance of their middle management to the company’s success and the need to transition them to high-performing leaders.

Potential of floating solar showcased at PJB Connect 2020

Masdar is supporting its partner PT Pembangkitan Jawa-Bali (PJB) by sponsoring PJB Connect 2020, the virtual electricity exhibition and conference running from October 21 to October 28.

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.

Saudi Arabia’s first wind farm will transform Kingdom’s renewable energy sector, says NESMA executive

Saudi Arabia’s first wind farm, Dumat Al Jandal, is set to transform the Kingdom’s renewable energy sector, attendees of the fourth Instagram Live series, Masdar Talks, heard.

Second Masdar Talks explores pioneering Shams project

Shams, one of the world’s largest concentrated solar power plants, remains a pillar of the UAE’s clean energy strategy, attendees of the second edition of the Masdar Talks Instagram Live series heard earlier today.

Fifth annual WiSER Forum highlights digitalization’s role in female empowerment

Masdar, one of the world’s leading renewable energy companies, hosted its fifth annual Women in Sustainability, Environment and Renewable Energy (WiSER) Forum on Tuesday January 14 at Abu Dhabi Sustainability Week (ADSW) 2020.

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 post-COVID-19 recovery plan will focus on sustainable economic growth, says Minister of Climate Change and Environment

The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier future,” His Excellency said.

Masdar acquires solar power plant in Egypt

Masdar, Abu Dhabi’s renewable energy company, has acquired ib vogt GmbH’s shareholding in the 64.1 MWp “Infinity 50” photovoltaic project in Benban, Egypt. Masdar and ib vogt have additionally signed agreements of intent concerning the purchase of ib vogt’s shareholdings in three more solar parks also located in the Benban solar complex, which have a combined volume of 166.5 MWp.

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.