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In the presence of Mohammed bin Rashid, Masdar Signs Agreement with DEWA to deliver sixth phase of world’s largest single-site solar park PV Project
H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; witnessed the signing of an agreement between the Dubai Electricity and Water Authority PJSC (DEWA) and Masdar, Abu Dhabi Future Energy Company PJSC, to build and operate the 1,800 megawatt (MW) sixth phase of the landmark Mohammed bin Rashid Al Maktoum Solar Park, costing up to AED5.51 billion.
Published on: 06 SEP 2023
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Masdar Empowers Next Generation of Global Sustainability Leaders to Innovate Climate Solutions at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Youth 4 Sustainability (Y4S) initiative convened global industry leaders, regional policymakers, students and young professionals for a series of events to empower youth climate engagement and action on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 17 NOV 2022
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Masdar more than doubles clean energy capacity over 2 years generating enough electricity to power over 4 million homes
Masdar has released its 2020 Annual Sustainability Report that revealed it more than doubled its clean energy capacity over two years to generate enough electricity to power over four million homes. The capacity of the renewable energy projects that Masdar is a partner in has risen to over 10.7 GW in 2020 from 4 GW in 2019, with the company’s global operating clean energy portfolio displacing close to 6.5 million metric tons of CO2 annually.
Published on: 20 JAN 2021
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Masdar supports MEA Energy Week to advance energy transformation agenda
Masdar is a key partner for Siemens Energy’s MEA Energy Week virtual conference, designed to drive forward the sustainability and decarbonization agenda at a defining moment in the energy industry.
Published on: 07 OCT 2020
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Youth 4 Sustainability workshop explores the power of Artificial Intelligence
Artificial Intelligence will provide job opportunities and help people rather than compete with them, participants of a Youth 4 Sustainability (Y4S) workshop heard last week. The workshop, hosted by Y4S, one of Masdar’s strategic initiatives, explored the concept of Artificial Intelligence (AI), how the UAE is applying the technology and applications of AI in future employment.
Published on: 20 SEP 2020
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Sustainability Ambassadors programme hosts second Ecothon competition
The Sustainability Ambassadors programme, part of the Youth 4 Sustainability (Y4S) platform, hosted its second Ecothon competition of the year on February 12.
Published on: 18 FEB 2020
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Nature not rebounding quickly enough in COVID-19 pandemic, says HE Razan Khalifa Al Mubarak
While global measures to combat the COVID-19 pandemic have temporarily reduced air pollution and greenhouse gas emissions, they have also hampered efforts to prevent biodiversity loss, Her Excellency Razan Khalifa Al Mubarak said at a virtual event today. Recovery plans must not only facilitate an economic rebound, they must also deliver a biodiversity stimulus, she told employees at Masdar.
Published on: 09 JUL 2020
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Partnerships can help sovereign funds operate as climate-aligned investors
Sovereign wealth funds can leverage partnerships to help them bridge “capability gaps” and operate more effectively as climate-aligned investors, according to a new report from the Organisation for Economic Cooperation and Development (OECD) Development Centre. The report cites Mubadala Investment Company’s Masdar as an example of a company that has made partnerships a “core component” of its investment strategy.
Published on: 22 JUL 2020
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‘Pioneers of Success’ program helps Masdar’s managers reach new heights
As the global leader on the front line of clean energy research, technology, and commercialization, Masdar recognizes the importance of their middle management to the company’s success and the need to transition them to high-performing leaders.
Published on: 29 DEC 2019
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Potential of floating solar showcased at PJB Connect 2020
Masdar is supporting its partner PT Pembangkitan Jawa-Bali (PJB) by sponsoring PJB Connect 2020, the virtual electricity exhibition and conference running from October 21 to October 28.
Published on: 26 OCT 2020
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Renewable energy stocks outperforming fossil fuel peers during COVID-19 crisis
Renewable power stocks have outperformed fossil fuels peers both over the past 10 years and during the COVID-19 crisis, according to a new report published by Imperial College Business School in the UK.
Published on: 01 JUN 2020
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10 things you didn’t know about Masdar City
Anyone can visit Masdar City: That’s right. If you want to discover more about how a sustainable urban community looks and works, visit Masdar City and explore its different elements. Don’t forget to download the Masdar City mobile app for a self-guided tour at your convenience.
Published on: 30 MAR 2021
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2020 marks start of ‘decade of action’ UAE and international policymakers declare ahead of ADSW 2020
2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared today ahead of Abu Dhabi Sustainability Week (ADSW).
Published on: 06 JAN 2020
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Solar and wind account for 67% of New Power Capacity Added Worldwide in 2019: BNEF
Solar and wind power accounted for over two-thirds of the 265GW of new capacity installed worldwide in 2019, up from less than a quarter of new build in 2010, according to data from BloombergNEF. Photovoltaics (PV) topped all other technologies in new-build terms, with a record 118 gigawatts constructed, and was the most popular technology deployed in a third of nations, the research company said.
Published on: 16 SEP 2020
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Third webinar in WiSER Wisdom Series explores role of science diplomacy in advancing climate action
Science diplomacy is fundamental for furthering international cooperation, mitigating climate change and fulfilling the gender equality agenda, attendees of the third WiSER Wisdom Series heard.
Published on: 21 DEC 2020
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UAE and partners to build resilient green power system for hurricane-ravaged Barbuda
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has announced a partnership with the Government of Antigua and Barbuda’s Ministry of Public Utilities, Civil Aviation, Transport and Energy, the CARICOM Development Fund (CDF) and the New Zealand Ministry of Foreign Affairs and Trade (NZMFAT) to restore power to Barbuda following the near-total destruction of the island after Hurricane Irma struck in September 2017.
Published on: 19 SEP 2019
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UAE announces new development and funding agreements under US$50m Caribbean Renewable Energy Fund
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and funding agreements for the Dominican Republic, Haiti, Guyana, Grenada, Saint Kitts and Nevis, Trinidad and Tobago, and Suriname.
Published on: 16 JAN 2020
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UAE-CREF solar PV project in the Bahamas wins award
The Bahamas’ first utility-scale solar photovoltaic (PV) plant, which was developed by Masdar in partnership with the Ministry of Foreign Affairs and International Cooperation and Abu Dhabi Fund for Development, has won a prestigious award in the United States.
Published on: 14 NOV 2019
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UAE’s 20by2020 Initiative Brings Life-Changing Water Solution to Thousands in Cambodian Villages
Thousands of people across three Cambodian villages can now live safer, healthier lives following the deployment of new water purifying technology as part of the Zayed Sustainability Prize’s UAE-driven humanitarian initiative, 20by2020.
Published on: 26 OCT 2020
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Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, 122 youth graduate from Masdar’s Youth 4 Sustainability programs
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, 122 youth have graduated from Masdar’s Youth 4 Sustainability (Y4S) platform Future Sustainability Leaders and Sustainability Ambassadors programs at a virtual ceremony.
Published on: 05 APR 2021