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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

  • 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

  • UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, says Minister of Climate Change and Environment

    The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier future,” His Excellency said.

    Published on: 01 JUL 2020

  • Agreement signed for new clean-tech pilot project at Masdar City

    Swedish solar energy company Azelio has partnered with Abu Dhabi Future Energy Company (‘Masdar’) and Khalifa University of Science and Technology to run a pilot project evaluating new technology in power storage.

    Published on: 12 SEP 2019

  • Emirates Waste to Energy Company to develop the UAE’s first solar landfill project

    Emirates Waste to Energy Company, a joint venture between Bee’ah, the Middle East’s fastest-growing environmental management company, and Masdar, one of the world’s leading renewable energy companies, will undertake a pioneering project to develop Bee’ah’s landfill into a solar farm — the first of its kind in the UAE.

    Published on: 21 JAN 2021

  • Energy transition investment needs to double over next three years to deliver sustainable recovery: IRENA

    Doubling global annual investment in the clean-energy transition over the next three years will support a sustainable recovery post-COVID-19 and create an additional 5.5 million jobs, the head of the International Renewable Energy Agency (IRENA) told Masdar employees at a company virtual event.

    Published on: 24 SEP 2020

  • Masdar acquires solar power plant in Egypt

    Masdar, Abu Dhabi’s renewable energy company, has acquired ib vogt GmbH’s shareholding in the 64.1 MWp “Infinity 50” photovoltaic project in Benban, Egypt. Masdar and ib vogt have additionally signed agreements of intent concerning the purchase of ib vogt’s shareholdings in three more solar parks also located in the Benban solar complex, which have a combined volume of 166.5 MWp.

    Published on: 21 SEP 2020

  • Masdar agrees to develop utility-scale solar power project in Azerbaijan

    Masdar has signed agreements to develop a utility-scale solar photovoltaic (PV) project in the Republic of Azerbaijan. The 230-megawatt (MWac) project is the country’s first foreign investment-based independent solar project structured as a public-private partnership.

    Published on: 15 APR 2021

  • Masdar and China Gezhouba Group International Engineering agree to explore global collaboration

    Masdar, one of the world’s leading renewable energy companies, and China Gezhouba Group International Engineering Company (CGGC INTL), announced today that they have signed a Memorandum of Understanding (MoU) to explore potential areas of collaboration on renewable energy projects worldwide.

    Published on: 21 JAN 2021

  • Masdar and EDF Renewables enter strategic alliance to explore renewable energy opportunities in Israel

    Masdar and EDF Renewables announced today that they have signed a strategic agreement to explore renewable energy opportunities in Israel and support the country’s clean-energy objectives.

    Published on: 21 JAN 2021

  • Masdar and EDF establish joint venture ESCO

    Abu Dhabi Future Energy Company (Masdar), a subsidiary of Mubadala Investment Company, and French low-carbon electricity leader EDF have signed an agreement to establish a 50:50 joint venture energy services company (ESCO).

    Published on: 11 SEP 2019

  • Masdar and HSBC launch exclusive virtual boardroom series at ADSW 2021

    Masdar and HSBC have launched an exclusive four-part virtual boardroom series for executives leading urban developments in Latin America (LATAM), Middle East, North Africa and Turkey (MENAT), Asia-Pacific ASP and North America. The first session of the invite-only series took place during Abu Dhabi Sustainability Week 2021, the global platform for accelerating sustainable development, hosted by Masdar.

    Published on: 23 JAN 2021

  • Masdar and Infinity Energy establish joint venture Infinity Power

    Masdar, one of the world’s leading renewable energy companies, and Infinity Energy, Egypt’s leading renewable energy developer, have agreed to establish a joint venture company, Infinity Power, to develop utility-scale and distributed solar energy and wind power projects in Egypt and Africa.

    Published on: 15 JAN 2020

  • Masdar and PLN enter partnership to develop first floating solar power plant in Indonesia

    Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country.

    Published on: 15 JAN 2020

  • Masdar participates in 10th annual World Urban Forum

    The World Urban Forum (WUF), a landmark international gathering that focuses on the future of urbanisation, recently held its 10th session in Abu Dhabi.

    Published on: 19 FEB 2020

  • Masdar City hosts Porsche’s Soul Journey

    Masdar City was chosen as one of the stops during the Porsche Taycan’s Soul Journey from Dubai to Riyadh in the lead up to the Formula-E Championship that is taking place in Diriyah, Saudi Arabia, from November 22-23, 2019.

    Published on: 18 NOV 2019

  • Renewables “most resilient” energy source during COVID-19 crisis, says IEA

    Renewable energy will be the only energy source to see increased demand in 2020 as the COVID-19 pandemic represents the biggest shock to the global energy system since the Second World War, according to the International Energy Agency (IEA).

    Published on: 20 MAY 2020

  • WiSER Wisdom Series discusses the importance of women on corporate boards

    The importance of women‘s participation in corporate boards was the key topic of discussion during the latest WiSER Wisdom Series, where Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, CEO of Alliances for Global Sustainability and Deb Frodl, Founder and Chief Executive Officer DF Strategies and WiSER Advisory Council member, provided their insights.

    Published on: 25 OCT 2020

  • TAQA and Masdar-led Consortium Announce Financial Closing for the World’s Largest Solar Power Plant

    Abu Dhabi National Energy Company (TAQA) and Masdar – alongside partners EDF and JinkoPower – announced today the successful financial closing of the Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project.

    Published on: 22 DEC 2020

  • CovHack Virtual Innovation Challenge launched to help build resilience in food supply chains

    Innovate4Good (I4G), an impact start-up platform, is inviting start-ups, entrepreneurs and other change makers from the MENA region and beyond to register for the CovHack Virtual Innovation Challenge. Running under the theme ‘Circular Economy for Food,’ the challenge aims to discover innovative ways of building resilience in local and global food supply chains in a post COVID-19 world.

    Published on: 25 MAY 2020