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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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Masdar and National Petroleum Construction Company agree to explore renewable energy opportunities
Masdar, a global leader in renewable energy projects, announced today that it has signed an agreement with the UAE-based National Petroleum Construction Company (NPCC), a leading engineering procurement and construction company and a subsidiary of National Marine Dredging Company (NMDC), to explore collaboration in offshore wind, green hydrogen, and other renewable energy technologies.
Published on: 13 MAY 2022
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Masdar Named ‘Energy Company of the Year’
Today, Masdar was recognised as ‘Energy Company of the Year,’ and honoured with ‘Energy Business Leader of the Year’ distinctions during the first-ever Gulf Business Industry Awards. The awards underscore Masdar’s commitment to maintaining Abu Dhabi’s leadership position in the evolving energy market, and the company’s critical role in helping the Emirate move from a resource-based economy to one based on knowledge and innovation.
Published on: 24 SEP 2012
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Masdar Completes Inaugural Course in Rwanda to Empower Women to Tackle Renewable Energy Access in Off-Grid Communities
Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform today completed its first field-based course in Rwanda to teach young women in rural off-grid communities to harness the potential of clean energy solutions, in line with the United Nations’ Sustainable Development Goal (UN SDG) 7 to ensure access to affordable, reliable, sustainable and modern energy for all.
Published on: 26 AUG 2022
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Masdar City receives ‘Visionaries’ Award at Energy Efficiency Global Forum, USA
This year’s EE Global Forum was the fifth annual gathering of discussions on how to increase energy efficiency through technological breakthroughs and policy advances. Masdar City was selected by the Forum’s International Steering Committee, comprising of high-level energy efficiency professionals from across the world, including: President of Schneider Electric U.S., Jeff Drees; United States Senate members Mark Warner and Jeanne Shaheen; Senior Vice President and Global Head, Efficiency and Sustainability, Building Technology, Siemens Industry Inc, Robert J. Dixon; and US House of Representatives members Edward Markey and Paul Tonko. The committee also comprised of several other prominent members from North America, Europe, Africa, Middle East, Asia Pacific and Latin Americas.
Published on: 31 MAR 2012
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Zayed Future Energy Prize to Address Integration Between Energy Efficiency and Renewable Energy
Speakers of the panel include previous winners of the prize: Winner of the 2012 NGO/SME category Carbon Disclosure Project, represented by its CEO, Winner of the 2012 Large Corporation category Schneider Electric represented by its President in Brazil Tania Cosentino and Winner of the 2011 Large Corporation category, Vestas, represented by its General Manager in Brazil, Miguel Picardo.
Published on: 18 JUN 2012
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Mubadala Energy and Masdar Collaborate on Decarbonization and Energy Transition Initiatives
Collaboration set to leverage expertise to accelerate decarbonization of Mubadala Energy’s portfolio in line with energy transition strategy, and explore growth in targeted new energy investments
Published on: 17 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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ADSW Summit to Convene Global Leaders to Deliver Climate Action
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development hosted by Masdar, will hold the ADSW Summit virtually on Monday January 17, 2022, helping to set the global agenda for addressing the world’s most pressing sustainability challenges.
Published on: 22 DEC 2021
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Masdar signs agreement to develop Georgia’s largest utility-scale solar power plant
Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a solar photovoltaic (PV) power project in the country, with a capacity of as much as 100 megawatts (MW). The project, which will be jointly developed with the GEDF, will be Georgia’s largest solar power plant.
Published on: 30 DEC 2021
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Masdar and ENGIE form US$5 billion strategic alliance to help drive UAE’s green hydrogen economy
ENGIE and Masdar, one of the world’s fastest-growing renewable energy companies, announced today that they have signed a strategic alliance agreement to explore the co-development of a UAE-based green hydrogen hub. The two companies are looking to develop projects with a capacity of at least 2 GW by 2030, with a total investment in the region of US$5 billion.
Published on: 03 DEC 2021
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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
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Masdar enters strategic agreement with Emirates NBD Asset Management to provide services for UAE’s first ‘green’ REIT
Masdar, a subsidiary of Mubadala Investment Company and a pioneer in sustainable urban development, has partnered with Emirates NBD Asset Management to receive management services for the UAE’s first sustainable real estate investment trust – the Masdar Green REIT. Together, Masdar Capital Management (a recently established FSRA Regulated Fund Manager) and Emirates NBD Asset Management bring significant experience and expertise in sustainable real estate and property asset management to the partnership.
Published on: 20 JAN 2021
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Masdar joins vital-industry leaders to launch COVID-19 Task Force
Masdar, Emirates Global Aluminium, Bee’ah, and DP World today announced the launch of the Vital Industry COVID-19 Task Force, a coalition of industrial companies operating across the United Arab Emirates, to share best practices on the management of the global pandemic.
Published on: 08 JUN 2020
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Mexican President Visits Masdar City During ADSW 2016
His Excellency Enrique Peña Nieto, President of Mexico, yesterday paid a special visit to Masdar City – Masdar’s greenprint for one of the world’s most sustainable urban developments. He was received by Dr Ahmad Belhoul, Masdar’s CEO, who outlined Masdar’s role in constantly pushing the boundaries to keep improving the commercial viability of renewable energy, while simultaneously diversifying Abu Dhabi’s economy and extending the Emirate’s leadership in the energy sector.
Published on: 18 JAN 2016
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Masdar turns the tap on cutting-edge seawater desalination programme
Today marks the start of the operational stage of Masdar’s pilot programme in Ghantoot, Abu Dhabi, which will see 1,500 m3/day of potable water produced over the next 15 months using four unique technologies that will demonstrate commercially-viable and energy efficient solutions for renewable-powered desalination.
Published on: 22 NOV 2015
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Masdar’s Renewable Energy Desalination Pilot Programme Finds Solar Energy-Powered Desalination to be Commercially-Viable
Abu Dhabi Future Energy Company, Masdar, today announced the outcomes from its Renewable Energy Desalination Pilot Programme in Ghantoot, Abu Dhabi during an insight session at the International Water Summit (IWS) taking place during Abu Dhabi Sustainability Week (ADSW) 2018.
Published on: 17 JAN 2018
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Masdar City’s Etihad Eco-Residence Wins Emirates Green Building Council MENA Green Building Award 2018
Masdar City’s Etihad Eco-Residence has won the Green Residential Building award at the Emirates Green Building Council (EmiratesGBC) Middle East and North Africa (MENA) Green Building Awards 2018. A team from Multiplex Constructions LLC, which built the complex, accepted the award for the Masdar-developed project at a recent ceremony in Dubai.
Published on: 10 JUN 2018
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UAE and Masdar Further Accelerate Growth of Renewable Energy in Mauritania
A groundbreaking ceremony by representatives of the United Arab Emirates, the Islamic Republic of Mauritania and Masdar – Abu Dhabi’s renewable energy company – has marked the official start of construction in Mauritania on seven solar photovoltaic (PV) projects, with a total capacity of 12 megawatts (MW).
Published on: 15 DEC 2015
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Masdar Hosts Urban Development Workshop
Today, the Urban Journalism Academy, a pioneering initiative to train journalists and media professionals with an interest in sustainable, urban development, held a workshop for media on the sidelines of Abu Dhabi Sustainability Week (ADSW) 2016. Organized by United Nations Habitat III Secretariat and hosted by the International Renewable Energy Agency (IRENA), the Government of United Arab Emirates and Masdar, the workshop convened over 30 representatives of local, regional and international media.
Published on: 20 JAN 2016
