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Masdar and Taaleri Reach Financial Close on Serbia 154MW Čibuk 2 Wind Farm
The financial close agreement was signed at a special ceremony on the sidelines of RES Serbia 2024 in the presence of Serbia’s Minister of Mining and Energy, Dubravka Djedović Handanović, Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, Taaleri’s Group CEO, Peter Ramsay and Taaleri Energia Managing Director, Kai Rintala.
Published on: 23 SEP 2024
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Masdar Signs Agreements With Norwegian Partners To Explore Renewable and Green Hydrogen Opportunities
Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates’ clean energy powerhouse, has signed agreements with three Norwegian companies that reinforce its longstanding collaborations with the Nordic country.
Published on: 08 OCT 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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Masdar and Presight Sign Agreement to Develop AI Asset Management Tool
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with Presight, the region’s leading big data analytics company powered by generative artificial intelligence (AI), to develop an asset management tool for its renewable energy projects around the globe.
Published on: 15 OCT 2024
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UAE-Caribbean Renewable Energy Fund Celebrates Inauguration of Hurricane-Resistant Power Plant on Antigua and Barbuda
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), announced that the hurricane-resistant power project developed by Masdar for Antigua and Barbuda to withstand even the fiercest winds, is now operational.
Published on: 11 MAR 2024
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Farmers in Senegal harvest benefits of Masdar wind farm
Farmers in Taiba N’Diaye, Senegal, are able to harvest crops during the dry season and sell produce at a revamped local market, thanks to Masdar.
Published on: 29 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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Major Milestone Reached for 1GW Wind Farm in Kazakhstan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and its partners, have reached a significant milestone in the development of their 1GW windfarm in Kazakhstan, with the signing of the project’s Investment Agreement.
Published on: 12 NOV 2024
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Masdar, SOCAR Green and ACWA Power Sign MoU to Explore the Development of 3.5GW of Offshore Wind Projects in the Republic of Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU) with SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, and Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, to develop 3.5 gigawatts (GW) of offshore wind projects in the Azerbaijan section of the Caspian Sea.
Published on: 14 NOV 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 signs Power Purchase Agreement for its 1GW Wind Farm in Kazakhstan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Power Purchase Agreement (PPA) with the Financial Settlement Centre for Renewable Energy Sources Support LLP for its 1GW wind farm in the Jambyl region of Kazakhstan.
Published on: 16 NOV 2024
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Masdar, Sarawak Energy and Gentari to Assess Large-Scale Floating Solar Project in Malaysia
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Joint Study Agreement with Malaysia’s Sarawak Energy and clean energy solutions provider, Gentari, to assess the feasibility of a floating solar power plant at the reservoir of Murum Hydroelectric Plant in the state of Sarawak, Malaysia.
Published on: 06 NOV 2024
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President of Azerbaijan Breaks Ground on Masdar 1GW Solar and Wind Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse and SOCAR, the State Oil Company of Azerbaijan, have broken ground on three major solar and wind projects in Azerbaijan with a capacity of 1 gigawatt (GW).
Published on: 05 JUN 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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Former UK Prime Minister Rt Hon Boris Johnson and global adventurer Bertrand Piccard to headline Masdar’s Green Hydrogen Summit in Abu Dhabi
Masdar has announced a stellar international lineup for its Green Hydrogen Summit including former UK Prime Minister Rt Hon Boris Johnson, ministerial speakers from the UAE, Azerbaijan, Japan and the Netherlands, industry leaders and global adventurer Dr. Bertrand Piccard.
Published on: 14 APR 2024
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WiSER to Spotlight Role of Women Entrepreneurs and Mentors at World Future Energy Summit 2024
Women in Sustainability, Environment and Renewable Energy (WiSER) - Masdar’s global initiative that champions women as drivers of sustainable change and innovation – will be placing female entrepreneurs and mentors center stage at the World Future Energy Summit (WFES).
Published on: 15 APR 2024
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Masdar and EGA form alliance to work together on aluminium decarbonisation and growth through renewables
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s largest clean energy companies, and Emirates Global Aluminium (EGA), the largest ‘premium aluminium’ producer in the world, agreed an alliance to work together on aluminium decarbonisation and low-carbon aluminium growth opportunities.
Published on: 17 APR 2024
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Emerge Partners with Dubai Maritime City to Power Staff Accommodation with 1700 Solar PV Modules
Emerge, a joint venture between Masdar and EDF Group, has signed an agreement to install a 980kWp rooftop solar plant for Dubai Maritime City that will offset 780 tonnes of CO2 emissions a year.
Published on: 18 APR 2024
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Green Hydrogen Summit sets out roadmap to future fuels economy
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has hailed the conclusion of a highly successful Green Hydrogen Summit focused on accelerating the development of the global green hydrogen economy and supporting the energy transition.
Published on: 19 APR 2024