Masdar City promoting wider industry adoption of sustainable urban development

Abu Dhabi, April 6, 2016 – Masdar City in Abu Dhabi, one of the world’s most sustainable urban developments, is helping the Middle East’s real estate industry to acquire valuable green building expertise as it continues to expand.

More UAE residents soon to call Masdar City home as Leonardo Residences officially breaks ground

Residential apartments now under construction at Masdar City in Abu Dhabi will add to the thriving community taking shape at one of the world’s most sustainable urban developments. The senior management of Masdar, Abu Dhabi’s renewable energy company, and of the Abu Dhabi-based property developer Reportage Real Estate marked the official ground-breaking of the 170-unit Leonardo Residences at the City today.

Masdar Passes 10-Year Milestone

Today, Masdar employees and alumni gathered in Masdar City to mark ten years of achievement in advancing the clean energy industry in Abu Dhabi and around the world. Under the banner “Seizing the Next Decade,” participants were invited to reflect on Masdar’s significant and widespread impact to date and the promise of the next ten years, as part of an organisation defined by the spirit of partnership, collaboration and innovation.

Women in Sustainability Unite at Abu Dhabi Sustainability Week

Bid success for Noor Midelt Phase 1 hybrid solar power plant in Morocco

The Moroccan Agency for Sustainable Energy (MASEN) has announced that the consortium of EDF Renewables, Masdar, and Green of Africa has been awarded the tender for the design, financing, construction, operation and maintenance of the Noor Midelt Phase 1 multi-technologies solar power plant.

Second Edition of Abu Dhabi Sustainability Week Kicks Off

The second edition of Abu Dhabi Sustainability Week (ADSW) gets underway today, welcoming global leaders to the UAE capital for a week of high-level dialogue to address the interconnected challenges affecting renewable energy, water scarcity and sustainable development. Taking place January 18-25, ADSW is the Middle East’s largest gathering on sustainability.

Masdar to Develop 15MW Solar Plant in Mauritania

“Mauritania has some of the highest levels of solar radiation in the world, making it an ideal place for solar power installations,” said Mauritania’s Minister of Petroleum, Energy and Mines H.E. Taleb Ould Abdivall. “We are pleased to be working with such esteemed partners on this important project and remain committed to harnessing our abundant renewable energy resources. Masdar has gained tremendous experience in the renewable energy sector through its projects worldwide and we look forward to future opportunities for cooperation,” H.E. Abdivall added.

Investments in Clean Energy Can Play Critical Role in Driving Economic Growth in Western Region

Abu Dhabi, UAE – 18 May, 2014: Investments in clean energy can play a critical role in driving economic growth in Abu Dhabi’s Western Region, home to Masdar’sShams 1 concentrated solar plant, according to Yousif Al Ali, General Managerof the Shams Power Company.

Masdar to Build the First Large-Scale Wind Farm in the GCC

Masdar, Abu Dhabi’s renewable energy company, today signed a joint development agreement with the Rural Areas Electricity Company (RAECO) to build the first large-scale wind farm in the Gulf Cooperation Council (GCC). The $125 million, 50-megawatt wind farm in the Sultanate of Oman will be constructed in the country’s Dhofar Governorate.

UAE’s first waste-to-energy project receives landmark award for first-of-its-kind financing loan

Bee’ah, the Middle East’s sustainability pioneer, and Masdar, the Abu Dhabi Future Energy Company, were recognized as the winners of the Structured Loan Deal of the Year Award at the Bonds, Loans & Sukuk Middle East Awards for their financing of the UAE’s first waste-to-energy project. The award was presented during a ceremony held on the 6th of November 2018, as part of the prestigious Project, ECA & Structured Finance Conference conducted in Dubai.

Dudgeon wind farm signs publicly rated landmark project refinancing of GBP1.4 billion

The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group have announced the signing of a hybrid refinancing that includes approximately GBP561 million of commercial bank debt and GBP706 million of senior secured notes privately placed with institutional investors, finally maturing in 2032. Both tranches have been oversubscribed, underpinning strong investor interest. The A- (EXP) rating by Fitch reflects efficient operations and robust asset performance.

Masdar Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals

Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.

Masdar and Korea Energy Agency to explore renewable energy collaboration and investment

Masdar announced the signing of a memorandum of understanding (MoU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between the Republic of Korea and the United Arab Emirates (UAE).

Building on a legacy: Introducing the Zayed Sustainability Prize

The Zayed Future Energy Prize will today become the Zayed Sustainability Prize as part of a strategic move to refocus its mandate. After ten years of successfully promoting renewable energy initiatives across the globe, the Prize will now broaden its focus to affect greater humanitarian impact by supporting a wider range of solutions to the challenges of sustainable development.

UAE State of Energy Report 2019 Released

The UAE State of Energy Report 2019 was released on Wednesday with Masdar CEO Mohamed Jameel Al Ramahi discussing the key findings during a panel session at the launch event in Abu Dhabi, in the presence of HE Eng Suhail Mohammed Al Mazrouei, Minister of Energy & Industry.

Solar power – a primer

The energy that the Earth receives from the Sun in just one hour is equal to the total amount of energy consumed by humans in one year. Part of this energy can be converted into electricity by photovoltaic systems. The basic unit of these systems is the light-absorbing solar cell, also called a photovoltaic (PV) cell. Conventional solar cells contain a rigid semiconductor wafer made of crystalline silicon as the PV material, although other PV materials are now in use as well.

A SHARED AMBITION OF SUSTAINABILITY

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the well-being of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications.

Economic Cities Authority and Masdar to establish cooperation to advance Saudi Economic Cities

The Economic Cities Authority (ECA), Kingdom of Saudi Arabia (KSA), signed a memorandum of understanding (MoU) with Masdar, Abu Dhabi Future Energy Company, aiming to cooperate on projects and services to progress the Saudi Economic Cities initiative and in turn advance the strategic objectives of both parties.

Masdar celebrates fifth anniversary of flagship Middle East solar energy project Shams 1

Shams Power Company, the developer, owner and operator of the UAE’s first large-scale solar power project, Shams 1, is celebrating five years of uninterrupted electricity generation at the plant this month.

Saint-Gobain’s First Multi Comfort House in the Middle East Breaks Ground at Masdar City

In the presence of HE Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment and Ludovic Pouille, French Ambassador to the UAE, Pierre-André de Chalendar, Chairman and Chief Executive Officer (CEO) of Saint-Gobain, and Mohamed Jameel Al Ramahi, CEO of Masdar (Abu Dhabi Future Energy Company), conducted today’s foundation stone laying ceremony.