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Infinity Power signs MOU with Copelouzos Group to Jointly Develop Renewable Energy Projects
Copelouzos Group, through its subsidiary companies DAMCO ENERGY and ELICA MEDITERRANEAN INTERCONNECTION, and Infinity Power, a joint venture between Masdar (Abu Dhabi Future Energy Company) and Egypt’s Infinity, have signed a Memorandum of Understanding in order to access, on a non-exclusive basis, the possibility of jointly developing renewable energy projects that will provide GREGY electrical interconnection with a source of green energy.
Published on: 17 MAY 2023
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Renewables accounted for 81% of 2021 capacity additions, IRENA says
Renewable energy maintained its growth momentum in 2021 despite global uncertainties, accounting for 81 percent of total capacity expansion last year, according to the latest report from the International Renewable Energy Agency (IRENA).
Published on: 18 APR 2022
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Masdar Completes Inaugural Course in Rwanda to Empower Women to Tackle Renewable Energy Access in Off-Grid Communities
Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform today completed its first field-based course in Rwanda to teach young women in rural off-grid communities to harness the potential of clean energy solutions, in line with the United Nations’ Sustainable Development Goal (UN SDG) 7 to ensure access to affordable, reliable, sustainable and modern energy for all.
Published on: 26 AUG 2022
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UAE and Egypt Advance Development of Africa's Biggest Wind Farm
The signing in Cairo was witnessed by Egyptian Prime Minister, HE Moustafa Madbouly, HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, HE Dr Mohamed Shaker El-Markabi, Minister for Electricity and Renewable Energy, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, Nayer Fouad, Chief Executive Officer of Infinity Power, and Hassan and Amr Allam, Chief Executive Officers of Hassan Allam Holding.
Published on: 06 JUN 2023
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Masdar Achieves Financial Close on Landmark 230 MW Garadagh Solar PV Plant in Azerbaijan
Abu Dhabi, United Arab Emirates; August 02, 2022: Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved financial close for its 230-megawatt (MW) Garadagh Solar Photovoltaic (PV) Plant in Azerbaijan – the nation’s first foreign investment-based independent solar power project, and Masdar’s first project in the country.
Published on: 02 AUG 2022
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Masdar’s inaugural Green Finance Framework published with highest rating
Masdar has published its inaugural Green Finance Framework (GFF) with a Sustainability Quality Score of SQS1 (Excellent) – the highest rating – from Moody’s Investors Service, its Second Party Opinion provider. This independent assessment is expected to make Masdar’s planned bond offering more attractive to debt capital market investors.
Published on: 03 MAR 2023
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Jordan’s Prince Hamzah Hospital deploys sustainable lighting solutions under 20by2020 initiative
As part of the UAE humanitarian initiative, ‘20by2020’, the Zayed Sustainability Prize announced that Prince Hamzah Hospital in the Jordanian capital Amman has deployed sustainable lighting solutions. The hospital is currently treating the largest number of COVID-19 patients in the country.
Published on: 26 MAY 2020
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Masdar’s youth leaders attend COP25
A delegation of members from Masdar’s Future Sustainability Leaders and WiSER Pioneers programmes recently participated in the UN Climate Change Conference COP25, in Madrid, Spain.
Published on: 24 DEC 2019
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Masdar announces Ecothon Plus competition winner
Masdar, one of the world’s leading renewable energy companies, has today announced “The Improvers” as the winning team of its Ecothon Plus competition, which is held under its Future Sustainability Leaders programme.
Published on: 25 DEC 2019
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Masdar CEO visits Dumat Al Jandal wind farm project site
Masdar CEO Mohamed Jameel Al Ramahi led a delegation to Saudi Arabia earlier this month, where they met with HRH Prince Faisal bin Nawaf bin Abdul Aziz, Governor of Al-Jouf, and visited the site of the Dumat Al Jandal wind farm project.
Published on: 18 DEC 2019
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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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CovHack Virtual Innovation Challenge launched to help build resilience in food supply chains
Innovate4Good (I4G), an impact start-up platform, is inviting start-ups, entrepreneurs and other change makers from the MENA region and beyond to register for the CovHack Virtual Innovation Challenge. Running under the theme ‘Circular Economy for Food,’ the challenge aims to discover innovative ways of building resilience in local and global food supply chains in a post COVID-19 world.
Published on: 25 MAY 2020
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Masdar signs JDA for the development of up to 400MW of solar projects in Armenia
Masdar, one of the world’s leading renewable energy companies, has signed a Joint Development Agreement (JDA) with the Armenian National Interests Fund (ANIF) for the development of solar power projects with a total capacity of 400 MW in Armenia. The investment adds between US$300 million and US$320 million into the Armenian economy.
Published on: 30 NOV 2019
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Abu Dhabi invests US$100 million in agricultural technology companies to secure food supply chains, Bloomberg reports
The Abu Dhabi Investment Office (ADIO) has made agreements with agricultural technology companies, including Madar Farms, to deliver research and development and food production facilities in the emirate, Bloomberg reported. Authorities invested US$100 million in the companies, which also include AeroFarms and RNZ, as they look to build vertical farms to secure supply chains in reaction to the COVID-19 pandemic, the news organization said.
Published on: 09 JUL 2020
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Second Phase of Masdar City’s Etihad Eco-Residence Awarded LEED Platinum Certification
Masdar has announced that the second phase of its Etihad Eco-Residence project has been awarded Platinum certification, the highest ranking under the Leadership in Energy and Environmental Design (LEED) system.
Published on: 26 APR 2020
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Masdar City hosts Porsche’s Soul Journey
Masdar City was chosen as one of the stops during the Porsche Taycan’s Soul Journey from Dubai to Riyadh in the lead up to the Formula-E Championship that is taking place in Diriyah, Saudi Arabia, from November 22-23, 2019.
Published on: 18 NOV 2019
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Forbes ranks Masdar in its inaugural list of 15 most sustainable companies in the region
Masdar has been named by Forbes Middle East in its inaugural list of the 15 most sustainable companies in the region. The list, which is ranked alphabetically, focuses on the “biggest companies that are making significant efforts to become more sustainable”.
Published on: 22 MAR 2020
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Masdar's Youth for Sustainability platform aims to empower future leaders in sustainability
Y4S initiative aims to equip high-school and university students with the skills, expertise and tools they need to advance their knowledge and pursue careers in the sustainability sector, through workshops, education sessions and hands-on experience in the industry.
Published on: 29 JUN 2020
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Masdar highlights clean energy at ADIPEC
One of the largest gatherings of local and international petroleum companies, the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) is running from 11 to 14 November at the Abu Dhabi Exhibition Center.
Published on: 11 NOV 2019
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Masdar launches new sustainable city report
Masdar, in collaboration with The National newspaper, has released a new report, titled People and spaces: the role of urban green spaces in cultivating innovation, sustainability and health and well-being in Arab cities.
Published on: 24 FEB 2020
