Renewables strengthen cost advantage over fossil fuels, IRENA report shows

Renewable energy continues to strengthen its cost advantage over fossil fuel options, with the main technologies seeing significant cost reductions year-on-year, according to a report from the International Renewable Energy Agency (IRENA).

Masdar Calls upon World Leaders to Pledge Support for Women Tackling Climate Change

Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform today launched a global campaign, I Am WiSER, to raise support for women at the forefront of efforts to tackle climate change and encourage world leaders to press forward with initiatives to build a more inclusive and sustainable future.

Masdar Joint Venture Powers COP27 with Zero-Carbon Energy

Abu Dhabi, United Arab Emirates; November 5, 2022: Infinity Power Holding, the joint venture between the UAE’s Masdar and Egypt’s Infinity, announced today that the solar photovoltaic (PV) plant it has developed in Sharm El-Sheikh is now fully operational – ready to provide clean, renewable energy to COP27, the United Nations climate change conference taking place in the Egyptian city.

Masdar and Emirates Steel Arkan to develop MENA region’s first green hydrogen-based project to decarbonize the UAE’s hard-to-abate steel sector

Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has partnered with Emirates Steel Arkan, (ADX: EMSTEEL), one of the largest publicly traded steel and building materials manufacturers in the region, to develop an innovative green hydrogen project to decarbonize the hard-to-abate steel sector in the UAE.

UAE’s renewable energy capacity projected to quadruple by end of 2025

Installed renewable energy capacity in the United Arab Emirates will increase fourfold by the end of 2025, reaching 9 gigawatts, according to a report from research company Rystad Energy.

Ban Ki-moon Launching UN’s International Year of Sustainable Energy for All at WFES

The Secretary-General’s return to Abu Dhabi underscores the importance he places on energy issues, most notably his new Sustainable Energy for All Initiative. The Secretary-General has set three objectives for his Initiative to be achieved by 2030: ensure universal access to modern energy services; double the rate of improvement in energy efficiency; and double the share of renewable energy in the global energy mix.

HH Gen Sheikh Mohamed Bin Zayed Inaugurates Fifth Edition of World Future Energy Summit

His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the Armed Forces of the United Arab Emirates affirmed that - led by His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates - God protect him – The United Arab Emirates is committed to retaining its leading role as a global energy provider through energy diversification including the adoption of renewable energy technologies.

Masdar City and DANA Sign MoU to develop beta site for innovative agritech pilot projects and testing in the UAE

Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, and DANA, the Abu Dhabi-based venture builder and investment platform, have signed a memorandum of understanding (MoU) to advance food security at the national level, contribute to agritech sustainability, and support the UAE in meeting key objectives in line with the National Food Security Strategy 2051.

UAE announces new 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.

Zayed Future Energy Prize Opens Submissions for 2013 Edition

The Prize will invite entries from companies, individuals, organizations and high schools prior to the deadline to submit – July 16, 2012, for a chance to win part of the US$4 million prize fund. The scope of the Prize has also been broadened to include five distinct categories: Large Corporations, Small and Medium Enterprises (SMEs), Non-Governmental Organizations (NGOs), Lifetime Achievement, and the newly instituted Global High School Prize.

Inaugural WiSER Wisdom Series session examines role of women in sustainable recovery

Renewable energy has exhibited resilience, compared to other parts of the energy sector despite the impact of COVID-19, and women will see increased opportunities as the sector sees a digital transformation, guests of the inaugural session of the WiSER Wisdom Series webinar heard last week.

Masdar and ENGIE sign collaboration agreement with Fertiglobe to co-develop green hydrogen

Masdar, one of the world’s leading renewable energy companies, and ENGIE, a global player in low-carbon energy and services, have signed a collaboration agreement with Fertiglobe, the strategic partnership between OCI N.V. and the Abu Dhabi National Oil Company (ADNOC), and the world’s largest seaborne exporter of urea and merchant ammonia.

Masdar Green REIT signs green financing commitment with First Abu Dhabi Bank for growth of its portfolio

Masdar City, Masdar’s pioneering sustainable urban development in Abu Dhabi, through its Masdar Green Real Estate Investment Trust (REIT), has signed a financing commitment in the amount of USD$200,000,000, with First Abu Dhabi Bank (FAB) relating to financing of the REIT portfolio to facilitate further acquisitions and portfolio growth. FAB will act as sole mandated lead arranger and bookrunner, green loan coordinator, agent, security agent and account bank for this transaction.

Abu Dhabi Sustainability Week returns in January 2022 to advance global sustainability agenda

Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, will be held from January 15 to 19, 2022.

Securing the UAE's food supply for future generations

The global COVID-19 pandemic has intensified the threat of food security worldwide, with the United Nations World Food Programme (UN WFP) forecasting that more than a quarter of a billion people will face food poverty by the end of 2020.

WiSER white paper highlights impact of artificial intelligence on gender parity in sustainability sector

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.

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.

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.

The Festival to take place in Masdar City’s new Central Park

An expanded edition of The Festival will be held in Masdar City, bringing to a close Abu Dhabi Sustainability Week 2020 – the region’s largest event dedicated to sustainability.