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The Abu Dhabi Chamber of Commerce and Industry (ADCCI) signed four agreements with leading national entities to support the growth and prosperity of the private sector in the Emirate of Abu Dhabi
The agreements were signed as part of the Abu Dhabi Chamber’s participation as a supporting partner in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the world’s largest event in the energy and oil sector. ADIPEC is held at the Abu Dhabi National Exhibition Centre between 2-5 October, under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE.
Published on: 04 OCT 2023
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Masdar looks to future growth with award of milestone investment grade credit ratings
Moody’s Investor Services and Fitch Ratings have assigned Masdar first-time credit ratings that place it firmly in the investment grade category – a significant milestone for the company.
Published on: 27 SEP 2021
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Saudi Arabias first wind farm starts electricity generation
Dumat Al Jandal, the Middle East’s largest wind farm and the first in the Kingdom of Saudi Arabia, is now connected to the grid and has produced its first carbon-free megawatt-hours (MWh) of energy.
Published on: 07 AUG 2021
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Latest Masdar Talks episode showcases pioneering innovations supported by The Catalyst at Masdar City
In the latest episode of Masdar Talks, Cinar Kurra, CEO of The Catalyst – the region’s first start-up accelerator focused on sustainability and technology – was joined by Catalyst-supported companies Volts, QS Monitor and Seramic Materials. The companies joined Kurra to explain how their innovations are tackling global sustainability issues and the supports they have received from The Catalyst at Masdar City.
Published on: 03 AUG 2021
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Creating an indoor plant system one Hydropod at a time
Can you imagine a smart garden in your home that grows vegetables automatically – with virtually no time or need for a green thumb?
Published on: 15 JUL 2021
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Masdar City attracts global and regional innovation giants amid focus on global green recovery from COVID-19
Masdar City, the sustainable urban development in the UAE’s capital, Abu Dhabi, is set to play a key role in the global green recovery from COVID-19 as it continues to add sustainability-focused innovation and technology companies. The number of companies in the City’s free zone increased 26 percent in 2020, indicating the important role of the City and its offerings to innovation-led companies, including G42 Healthcare, whose laboratories and testing centers were central to the UAE’s pandemic response.
Published on: 16 JUN 2021
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The WiSER Pioneers panel at Middle East Energy explores the role of young women in the energy sector
The importance of providing support to attract more young women into the energy sector was highlighted during a webinar hosted by Masdar’s outreach platform, WiSER (Women in Sustainability, Environment and Renewable Energy), at the Middle East Energy conference in Dubai.
Published on: 22 JUN 2021
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Masdar signs strategic agreement to develop solar projects in Republic of Iraq
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, announced that it signed a strategic agreement with the Republic of Iraq to develop solar photovoltaic (PV) projects in the country with a minimum total capacity of two gigawatts (GW).
Published on: 25 JUN 2021
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Masdar Signs MoU with Malaysia to Develop Up to 10GW of Renewable Energy Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to invest US$8 billion for up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership that will significantly contribute to Malaysia's sustainable energy transformation.
Published on: 09 OCT 2023
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Masdar makes first investment in Greece by developing solar plant with Taaleri Energia
Masdar, one of the world’s leading renewable energy companies, and Taaleri Energia, which invests in utility-scale wind and solar assets, have agreed to develop a 65-megawatt (MW) solar photovoltaic (PV) project in Greece. The project will be managed through the companies’ joint venture Masdar-Taaleri Generation (MTG).
Published on: 06 MAY 2021
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Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa’s Clean Energy Objectives
Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW).
Published on: 19 JAN 2023
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Masdar Partners with Azerbaijan’s SOCAR to Develop Renewable Energy Projects with 4 GW Capacity
The agreements were signed by Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Rovshan Najaf, President of SOCAR, on the sidelines of Abu Dhabi Sustainability Week, the global platform for accelerating sustainable development hosted by Masdar. HE Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, and HE Mikayil Jabbarov, Minister of Economy for Azerbaijan, witnessed the signing.
Published on: 17 JAN 2023
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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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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 Expands Presence in US with Completion of Acquisition of Big Beau Project Stake from EDF Renewables North America
Masdar, one of the world’s fastest-growing clean energy companies, has further expanded its presence in the United States’ renewables market after closing the acquisition of a 50 percent stake in a combined solar and battery storage project from EDF Renewables North America.
Published on: 12 APR 2023
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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 and IFC Agree to Explore Ways to Advance Climate Action in Emerging Markets
The collaboration framework was signed by Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar and Mohamed Gouled, Vice President of Industries at IFC, on the side-lines of the World Government Summit 2023, taking place in Dubai this week. HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Masdar Chairman, witnessed the signing, along with Makhtar Diop, Managing Director of IFC.
Published on: 14 FEB 2023
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In the presence of the Jordanian Prime Minister Masdar Inaugurates Baynouna Solar Park, the largest of its kind in Jordan
The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar, and Finnish investment and asset management group Taaleri, has announced the formal inauguration of the 200-megawatt (MW) Baynouna Solar Park – the largest clean energy project in Jordan.
Published on: 25 FEB 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
