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Masdar Arlington Energy breaks ground on two UK sites as part of £1 Billion Battery Energy Storage System Investment
Masdar Arlington Energy, a subsidiary of Abu Dhabi Future Energy Company PJSC – Masdar, has broken ground at the sites of two new battery energy storage system (BESS) projects in the UK.
Published on: 27 FEB 2024
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DEWA and Masdar reach financial closing on 1800MW 6th phase of Mohammed bin Rashid Al Maktoum Solar Park
Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Future Energy Company (Masdar), announced the financial closing of the 1800-megawatt sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. The solar park’s capacity will exceed 5,000 megawatt by 2030, with investments totalling approximately AED 50 billion. This is a new milestone in promoting the use of clean and renewable energy in the UAE.
Published on: 21 FEB 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 Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and received all regulatory approvals. The deal, agreed at a price of 20 euros per share, valued TERNA ENERGY at an enterprise value of 3.2bn euros, representing the largest ever energy transaction on the Athens Stock Exchange, and one of the largest in the EU renewables industry.
Published on: 28 NOV 2024
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Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced that it has signed a definitive agreement to acquire a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen”), one of the largest independent renewable energy power producers in the United States, from Energy Capital Partners (“ECP”).
Published on: 19 MAR 2024
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Masdar Signs Agreement to Develop 1GW Mingbulak Wind Farm in Uzbekistan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and the Ministry of Energy Uzbekistan have signed an agreement to develop a 1-gigawatt (GW) wind farm in the Mingbulak region of the country.
Published on: 13 NOV 2024
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Masdar and SOCAR Green Achieve Financial Close for 760MW of Solar Projects in Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, have reached financial close for the 445MW Bilasuvar and 315MW Neftchala solar projects in Azerbaijan.
Published on: 17 NOV 2024
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Masdar and RWE advance 3GW Dogger Bank South offshore wind project seabed site investigations
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and RWE, a leading renewable energy company in Germany, have awarded global leading geo-data specialist,
Published on: 26 APR 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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Development consent granted for UK Dudgeon extension project
Masdar together with its partners Equinor and China Resources Power has received consent from the UK Government to extend the 402MW Dudgeon offshore wind project.
Published on: 20 APR 2024
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First wind turbine installed at Baltic Eagle offshore wind farm
The first of a total of fifty wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse.
Published on: 09 MAY 2024
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How Masdar’s solar plant brings hope to Barbuda’s Hurricane victims
Our new Power to Change film takes us to the Caribbean Island of Barbuda, where we meet communities on the front lines of rebuilding their lives in the wake of Hurricane Irma, the Category 5 hurricane that destroyed 95 percent of the island on September 6, 2017.
Published on: 28 MAY 2024
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10GW wind farm in Egypt takes major step towards construction
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, along with Infinity Power, the largest African renewable energy developer, and Hassan Allam Utilities, a sustainable infrastructure focused development and investment platform, have today signed a Land Access Agreement with the Egyptian Government for the consortium’s 10GW capacity onshore wind farm in Egypt, set to be one of the largest in the world, with a project value exceeding US$10 billion.
Published on: 15 MAY 2024
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Masdar Expands European presence with Acquisition of 1GW Renewable Portfolio in Poland
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, today announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finnish-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios.
Published on: 04 DEC 2023
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Masdar’s Youth 4 Sustainability Announces COP28 Program to Empower Next Generation of Climate Leaders
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Youth 4 Sustainability (Y4S), a Masdar initiative, will host a dedicated program of youth-focused activities and events at COP28 in Expo City, Dubai, from November 30 to December 12. The Y4S program promotes meaningful, youth-led action on sustainable development and climate change, while amplifying the voices of future sustainability leaders.
Published on: 04 DEC 2023
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Masdar and Hy24 Sign Strategic Framework Agreement to Explore Co-Development and Co-Investment Opportunities in International Large-scale Green Hydrogen Production Projects
Abu Dhabi Future Energy Company PJSC - Masdar, one of the world’s leading renewable energy companies, and Hy24, the world’s largest clean hydrogen pure-play investor, signed a strategic joint development and investment framework agreement to foster large-scale green hydrogen projects during the UN’s Climate Change Conference, COP28, in Dubai.
Published on: 14 DEC 2023
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Mumtalakat and Masdar Sign MoU to Drive Clean Energy Initiatives in Bahrain
Bahrain Mumtalakat Holding Company (“Mumtalakat”), the sovereign wealth fund of the Kingdom of Bahrain and Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, announced today the signing of a Memorandum of Understanding (MoU) aimed at exploring collaboration opportunities in the development of clean and renewable energy projects in the Kingdom of Bahrain.
Published on: 07 DEC 2023
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The President of Uzbekistan Witnesses Grid Connection of Masdar Projects Totalling 1.4GW of Clean Energy to the National Grid
The President of the Republic of Uzbekistan, His Excellency Shavkat Mirziyoyev, witnessed the grid connection of renewable energy projects totaling 1.4 gigawatts (GW), developed by Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies.
Published on: 28 DEC 2023
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Graphene: the building block for a sustainable future
Graphene is an extraordinary substance. A layer of carbon, just one atom thick, yet 200 times stronger than steel, transparent, flexible, highly conductive both thermally and electrically: it has the potential to revolutionize whole industries and our entire built environment. It was first isolated in 2004 to Nobel Prize-winning effect at the University of Manchester and now that potential is starting to bear commercial fruit.
Published on: 15 JUL 2021
