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Al Gore Receives Lifetime Achievement Award at Zayed Future Energy Prize 2015
Former US Vice President Al Gore has received the 2015 Lifetime Achievement Award by the Zayed Future Energy Prize. Gore was recognised for his unwavering personal and political commitment to raise international awareness about the dangers of climate change, while reinforcing optimism that the global community can and will successfully tackle the challenge.
Published on: 18 JAN 2015
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Masdar Marks Roadmap to US$3 billion Green Bond Offering at London Stock Exchange
Masdar has today marked the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes at London Stock Exchange (LSE).
Published on: 07 AUG 2023
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Act now to halve emissions by 2030, says IPCC
A reduction in the growth rate of global greenhouse gas emissions provides a short window of opportunity to limit the maximum temperature increase to 1.5°C (2.7°F) by 2025, and avoid the more catastrophic effects of climate change, scientists have stated in the latest Intergovernmental Panel on Climate Change (IPCC) report.
Published on: 11 APR 2022
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Accelerate action on climate change before time runs out to secure our future, IPCC warns
Human-induced climate change is already causing dangerous and widespread disruption in nature, affecting the lives of billions of people around the world, and time is running out to prevent its most serious consequences, according to scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report, released this week.
Published on: 04 MAR 2022
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Record-breaking Abu Dhabi project to help advance UAE’s clean energy goals, says TAQA executive
The development of Abu Dhabi’s Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project will make an important contribution to the United Arab Emirates’ Energy Strategy 2050.
Published on: 15 SEP 2021
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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 Opens New Office in Saudi Arabia
Masdar, one of the world’s fastest-growing renewable energy companies, has pledged to strengthen its support for Saudi Arabia’s clean energy objectives, with the opening of a new dedicated office in the Kingdom. Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co. (SPPC) for wind and solar projects with a combined capacity of 3.3 gigawatts (GW).
Published on: 28 OCT 2022
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President of Indonesia Inaugurates Southeast Asia’s Largest Floating Solar Plant
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Indonesia’s state-owned utility company, PLN have inaugurated the 145 megawatt (MWac) (192MWp). Cirata floating solar plant in Indonesia, the largest in the Southeast Asia region.
Published on: 09 NOV 2023
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Department of Energy Reaffirms Commitment to Abu Dhabi Sustainability Week, returning as Principal Partner for next 2 years
Abu Dhabi Sustainability Week (ADSW), Masdar’s global platform for accelerating sustainable development, today announced that the Abu Dhabi Department of Energy (DoE) has signed an agreement to return as Principal Partner of both ADSW 2023 and 2024.
Published on: 28 NOV 2022
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Utilities in the Modern Era Embracing a New Business Model
Historically, electric utilities were large, publicly owned entities, operating in a highly regulated environment, whose main function was to ensure the consistent and regular delivery of electricity. Recent advancements in digitalisation, however, and an increase in renewable energy and distributed generation, are challenging the traditional utility business model.
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4,000 Students Invited to 2012 World Future Energy Summit
More than double the total number of students that participated in last year’s event is expected to attend the annual Masdar-hosted event this year. All seven emirates will be represented by students from middle school to college/university level.
Published on: 04 JAN 2012
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General Director of the Crown Prince Court and CEO of Masdar Tour PlanetSolar Catamaran
The visitors were briefed on the technical features and specifications of the catamaran that runs solely on solar panels. Accompanied by its Captain and Master, Erwann Le Rouzic, PlanetSolar is the world’s largest solar powered boat and was docked in Abu Dhabi for the duration of the summit.
Published on: 22 JAN 2012
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Masdar and RWE Sign Agreement to Target Key Global Offshore Wind Markets
Abu Dhabi Future Energy Company – Masdar – and Germany’s RWE Renewables, two of the world’s leading renewable energy companies, announced today they have signed a Memorandum of Understanding (MoU) to explore collaboration on developing offshore wind projects in a range of key markets.
Published on: 26 SEP 2022
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Masdar City Supports UAE’s Carbon Neutrality Goals with New Masdar City Square
Abu Dhabi, United Arab Emirates; June 24, 2022: Masdar City, a world-class technology and innovation hub and a pioneering sustainable community in Abu Dhabi, along with its consulting partners Woods Bagot and Faithful+Gould, has advanced its contribution to the UAE Net-Zero by 2050 Strategy with the groundbreaking ceremony of its latest development – the Masdar City Square (MC2).
Published on: 24 JUN 2022
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Masdar, Mitsubishi Chemical Group and INPEX Explore Setting Up World’s First Commercial-Scale Polypropylene Production Using Green Hydrogen and CO2
Flagship UAE and Japanese firms join forces to explore setting up world’s first commercial-scale e- polypropylene production in Abu Dhabi
Published on: 18 JUL 2023
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UAE flagship renewable energy company Masdar launches first US$750 million 10-year Green Bond
Net proceeds will be used to invest exclusively in new clean energy projects in connection with the company’s Green Finance Framework
Published on: 19 JUL 2023
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Masdar and PLN NP Agree to Triple Size of ASEAN’s largest Floating Solar Plant
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and PLN Nusantara Power (PLN NP), have signed an agreement to develop Phase II of the successful Cirata floating photovoltaic (FPV) power plant in Indonesia by up to 500MW, in a major expansion to Southeast Asia’s largest FPV plant.
Published on: 26 SEP 2023
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Masdar Launches First Green REIT in UAE
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy and sustainable real estate companies, has announced the launch of a sustainable real estate investment trust (REIT) – the first ‘green’ REIT to be introduced in the UAE.
Published on: 15 JAN 2020
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Masdar signs agreement to develop Armenias largest solar power plant
Masdar has signed an agreement with the Government of the Republic of Armenia to develop a 200-megawatt (MW) solar photovoltaic (PV) plant. The Ayg-1 project will be Armenia’s largest utility-scale solar plant.
Published on: 26 NOV 2021
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Masdar agrees to explore renewable energy opportunities in Kyrgyzstan
Masdar has signed a Memorandum of Understanding (MoU) with the Kyrgyz Republic’s Ministry of Energy to explore the development of renewable energy opportunities in the Central Asian nation and support Kyrgyzstan’s clean-energy objectives.
Published on: 15 APR 2022