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Masdar Accelerates U.S. Renewables Expansion Closes Acquisition of 50% Stake in Terra-Gen
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced the closing of its acquisition of a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen” or “the Company”), one of the largest independent renewable energy producers in the United States, from Energy Capital Partners (“ECP”).
Published on: 01 OCT 2024
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Masdar to Host Second Green Hydrogen Summit to Advance Clean Fuels Sector Globally
Abu Dhabi Future Energy Company PJSC – Masdar will host the second annual Green Hydrogen Summit on April 16, 2024, as part of the World Future Energy Summit, to accelerate the development of the global green hydrogen economy and support the energy transition.
Published on: 08 APR 2024
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Masdar to Acquire Saeta from Brookfield for $1.4 Billion
Abu Dhabi Future Energy Company PJSC - Masdar (“Masdar”), the UAE’s clean energy powerhouse, today announced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“Brookfield”), for an implied enterprise value of c. US$1.4 billion (€1.2 billion). Closing of the transaction is subject to customary approvals and is expected to occur around the end of 2024.
Published on: 24 SEP 2024
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WiSER Pioneers Program Opens for Applications
Women in Sustainability, Environment, and Renewable Energy (WiSER) – a global initiative established by the UAE’s two leading sustainability champions, Masdar and the Zayed Sustainability Prize – has opened applications for its 2025 WiSER Pioneers Program.
Published on: 13 SEP 2024
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Daimler Truck and Masdar explore liquid green hydrogen supply options to decarbonize road freight transport in Europe
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Daimler Truck Holding AG (“Daimler Truck”), one of the world’s leading commercial vehicle manufacturers, have signed a Memorandum of Understanding (MoU) to explore the feasibility of liquid green hydrogen exports from Abu Dhabi (UAE) to Europe by 2030.
Published on: 25 JAN 2024
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Tokyo Gas and Osaka Gas join Masdar and INPEX in a feasibility study to produce e-methane in Abu Dhabi, UAE
Abu Dhabi Future Energy Company PJSC – Masdar (Masdar), INPEX CORPORATION (INPEX), Tokyo Gas Co., Ltd. (Tokyo Gas) and Osaka Gas Co., Ltd. (Osaka Gas) announced they have signed a collaboration agreement to conduct a joint feasibility study on e-methane1 production in Abu Dhabi in the United Arab Emirates (UAE).
Published on: 23 JAN 2024
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Masdar and CMA CGM Sign Strategic Supply Partnership for Long-term Supply of Green Alternative Fuels
Abu Dhabi Future Energy Company PJSC - Masdar, one of the world’s leading renewable energy companies, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have signed a Strategic Supply Partnership (SSP) which will explore the two companies entering long-term green maritime fuels offtake contracts to supply CMA CGM vessels.
Published on: 30 JAN 2024
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Masdar Institute’s YFEL Members Gain Insights into Advancements in Desalination Technology
More than 25 members of the Young Future Energy Leaders (YFEL) program, an outreach initiative by Masdar Institute of Science of Technology, gained insights into new advancements in water resources and desalination, one of the strategic sectors for the UAE, during a specially organized two-day course led by faculty and staff members.
Published on: 26 MAR 2014
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Masdar signs agreement with Cosmo Energy to explore development of renewable energy projects in Japan
Masdar, one of the world’s leading renewable energy companies, announced today that it has signed an agreement with Cosmo Energy Holdings Co., one of Japan’s largest energy companies, to explore the development of renewable energy initiatives, including offshore wind projects, in Japan.
Published on: 19 JAN 2022
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Masdar Institute to Showcase Main Research Thrust Areas at WFES 2014
Masdar Institute of Science and Technology an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, today announced it will highlight its main research thrust areas during the World Future Energy Summit (WFES) 2014.
Published on: 14 JAN 2014
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Masdar Institute Sets Up iSmart to Design and Develop Sustainable Infrastructure Systems
Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, today announced the launch of the Institute Center for Smart and Sustainable Systems (iSmart), a center that applies state-of-the-art analyses in the design and development of sustainable infrastructure systems to interface between technology and society.
Published on: 18 MAR 2014
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Masdar and Mitrabara form Solar Radiance joint venture to provide renewable energy solutions to commercial & industrial sector in Indonesia
Masdar, one of the world’s leading renewable energy companies, announced today the formation of a joint venture (JV) with PT Mitrabara Adiperdana Tbk (Mitrabara), a conglomerate focused on the energy sector, to target the fast-growing commercial & industrial (C&I) segment of the renewable energy market in Indonesia.
Published on: 20 JAN 2022
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UAE announces Net Zero by 2050 strategic initiative
The United Arab Emirates has announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to achieve net-zero emissions by 2050, making the UAE the first Middle East and North Africa (MENA) nation to do so.
Published on: 18 OCT 2021
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Strata CEO Says Quality Products and Gaining Customers Trust Remain Crucial to Success
Instilling pride by educating employees on quality, changing traditional mindsets and gaining the confidence of customers with world-class products are some of the measures that have brought immense benefits, said Badr Al-Olama, Chief Executive, Strata Manufacturing, an advanced composite aerostructures manufacturing facility , fully owned by Mubadala Development Company.
Published on: 11 FEB 2014
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Dr Sultan Al Jaber named Executive of the Year by Energy Intelligence
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), was today honored with the ‘Energy Executive of the Year Award for 2021’ by Energy Intelligence, validating the United Arab Emirates’ (UAE) vision for a sustainable energy future.
Published on: 04 OCT 2021
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ACWA Power, Masdar and SOCAR team up for 500MW renewable energy projects in Azerbaijan
Two of the largest independent power producers in the region and an integrated national oil and gas company of the Republic of Azerbaijan will jointly develop renewable energy projects in Nakhchivan to expedite decarbonization goals.
Published on: 08 NOV 2023
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AGS and WiSER sign MoU to empower women to accelerate sustainable development
Alliances for Global Sustainability (AGS) today entered into a strategic agreement with Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s international outreach platforms, aiming to inspire women of all ages to play a more active role in addressing global sustainability challenges.
Published on: 16 NOV 2021
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Masdar and W Solar Investment form joint venture company to develop renewable energy projects
Masdar, one of the world’s leading renewable energy companies, and W Solar Investment, a subsidiary of Alpha Dhabi Holding, and a development and investment company in the solar energy industry, have formed a joint venture company (JVC) to develop clean energy projects in a range of geographies.
Published on: 25 JAN 2022
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Masdar, EDF Renewables and Nesma Renewable Energy Win Bid for 1,100MW Solar IPP Project in Saudi Arabia
Abu Dhabi Future Energy Company PJSC – Masdar, EDF Renewables and Nesma Company have signed a Power Purchase Agreement (PPA) with the Saudi Power Procurement Company (SPPC) to develop the 1,100 MW Al Henakiyah solar power plant. Once operational, it is expected that the project will power more than 190 thousand homes per year and displace more than 1.8 million tonnes of carbon dioxide annually.
Published on: 07 NOV 2023
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Masdar celebrates groundbreaking on 230 MW solar plant in Azerbaijan and signs four new project agreements
Masdar, one of the world’s leading renewable energy companies, has announced the formal start of construction for its 230-megawatt (MW) Garadagh Solar PV Plant in Azerbaijan
Published on: 16 MAR 2022
