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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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Renewable energy capacity must triple by 2030, Masdar Chairman tells CERAWeek
Renewable energy capacity needs to triple by the end of this decade if the world is to meet climate targets, Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, said in his keynote speech at CERAWeek in Houston, Texas.
Published on: 07 MAR 2023
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Masdar to Support Côte d'Ivoire’s Clean Energy Goals with Development of Solar Power Plant
Masdar, one of the world’s leading clean energy companies, has signed an agreement with the Ministry of Mining, Petroleum and Energy for the Republic of Côte d'Ivoire to explore the development of a solar power plant with a capacity of up to 70 megawatts (MW).
Published on: 10 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’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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Masdar Signs Roadmap for up to 1GW Wind Power Project in Kazakhstan
Abu Dhabi Future Energy Company PJSC - Masdar, one of the world's leading clean energy companies, signed a roadmap for developing up to 1 gigawatt (GW) wind power plant in Kazakhstan to support the country's goal of achieving half its energy mix from renewables by 2050.
Published on: 12 JUN 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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Masdar ČIBUK 1 wind farm powers change in Serbian local communities
Masdar’s ČIBUK 1 wind farm is the largest utility-scale commercial wind project in Serbia and the Western Balkans, comprising of 158MW.
Published on: 13 APR 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 Signs Agreement with Austria’s VERBUND to Explore Green Hydrogen Production for Central Europe Market
The MoU was signed at Abu Dhabi Sustainability Week (ADSW) 2023 by Michael Strugl, Chief Executive Officer, VERBUND, and Mohammad Abdelqader El Ramahi, Executive Director, Green Hydrogen, Masdar. As per the agreement, the two companies will cooperate on developing pathways to produce and export green hydrogen to Central Europe, specifically Austria and Southern Germany.
Published on: 08 FEB 2023
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Held under the patronage of Khaled bin Mohamed bin Zayed Masdar’s Youth 4 Sustainability (Y4S) platform returns to Abu Dhabi Sustainability Week
Masdar, one of the world’s leading renewable energy companies and the host of Abu Dhabi Sustainability Week (ADSW), has announced the opening of registration for the 2022 Youth 4 Sustainability (Y4S) forum, a series of youth-led discussions taking place from January 17 – 19 as part of ADSW 2022.
Published on: 13 JAN 2022
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Masdar Signs Agreement to Develop Clean Energy Projects in Kyrgyzstan with 1 GW Capacity
Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Kyrgyz Republic’s Ministry of Energy to develop a pipeline of renewable projects in the Central Asian nation, with a capacity of up to 1 gigawatt (GW), starting with a 200-megawatt (MW) solar photovoltaic (PV) plant.
Published on: 10 JAN 2023
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Masdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany
Masdar, the UAE’s flagship renewable energy company, has signed a strategic agreement with Iberdrola, a global clean energy leader, to co-invest in the 476-megawatt (MW) Baltic Eagle offshore wind farm in the German Baltic Sea. Iberdrola will retain a majority 51% stake in the asset, which will help to accelerate green energy security in Europe.
Published on: 26 JUL 2023
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Masdar accelerates green hydrogen ambitions after joining forces with UAE energy champions
Masdar is seeking to become one of the world’s leading players in the growing green hydrogen econpmy, one of the company’s executive directors told Energy Intelligence.
Published on: 09 JAN 2023
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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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Masdar Signs Agreement with Austria’s VERBUND to Explore Green Hydrogen Production for Central Europe Market
Masdar, one of the world’s fastest-growing clean energy companies, has signed a memorandum of understanding (MoU) with VERBUND, Austria’s leading energy utility and one of the largest producers of hydropower in Europe, to explore the production of green hydrogen for the Central Europe market.
Published on: 08 FEB 2023
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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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Board of Trustees Annual Meeting Reviews Masdar Institute’s Next Phase Growth Plan
The Board of Trustees of Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, reviewed the progress of the research-based institution during an annual meeting and approved its next phase growth strategy for the coming years.
Published on: 11 NOV 2013
