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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
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Youth 4 Sustainability holds first virtual workshop
Youth 4 Sustainability (Y4S), one of Masdar’s strategic initiatives dedicated to the education, empowerment and engagement of youth, held their first virtual workshop as part of the Future Sustainability Leaders program.
Published on: 19 APR 2020
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Renewables delivering increasingly cheaper power than coal, IRENA report shows
Renewable power is proving an increasingly cheaper option to fossil fuels, with more than half of renewable capacity added last year achieving lower power costs than the cheapest new coal plants, according to a report released this week by the International Renewable Energy Agency (IRENA).
Published on: 03 JUN 2020
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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
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Construction begins on hurricane-resistant clean energy power plant in Antigua and Barbuda under US$50m UAE-Caribbean Renewable Energy Fund
The UAE-Caribbean Renewable Energy Fund has announced the start of construction for a hurricane-resistant clean energy plant in Antigua and Barbuda to help the twin-island nation recover from the devastating effects of Hurricane Irma in 2017.
Published on: 29 SEP 2020
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ECI collaborates with Masdar to increase UAE's renewable energy infrastructure development
Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, has signed an agreement with Masdar, Abu Dhabi Future Energy Company, to work on initiatives aimed at supporting investment in renewable projects that will contribute to reducing carbon emissions.
Published on: 21 JAN 2021
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LAGI international design competition winners announced
The Land Art Generator Initiative (LAGI) and Abu Dhabi Future Energy Company (Masdar) have announced the winners of this year’s LAGI international design competition at the 24th World Energy Congress in Abu Dhabi. Sponsored by Masdar, LAGI 2019 Abu Dhabi challenged design teams to create large-scale works of public art that also produce clean kilowatt-hours for the Masdar City grid using technologies such as solar and wind.
Published on: 10 SEP 2019
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Masdar-BP initiative The Catalyst announces support for new start-ups at Abu Dhabi Sustainability Week 2020
The Catalyst, the sustainability-focused accelerator supported by Masdar and BP, has announced three new companies for its second cycle of funding, training and mentorship.
Published on: 16 JAN 2020
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Masdar Celebrates Achievements in Women’s Empowerment on Emirati Women’s Day
Emirati Women’s Day is being held this year under the theme “Preparing for the next 50 years: Women are the support of the nation” – capturing the importance women now command across Emirati society.
Published on: 28 AUG 2020
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Masdar celebrates an impressive year of growth
As we prepare for the Masdar-hosted Abu Dhabi Sustainability Week, we look back on a year of impressive growth for Masdar and both its Clean Energy and Sustainable Real Estate portfolios. In 2019, Masdar secured its first major renewable energy project in Saudi Arabia, the Dumat Al Jandal wind farm, Saudi Arabia’s first and the Middle East’s largest wind project. In the process, we set a new record for the most competitively priced wind power.
Published on: 31 DEC 2019
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Abu Dhabi Sustainability Week Summit discusses ways to achieve a sustainable post-COVID-19 recovery
In the presence of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice President of the Abu Dhabi Executive Council, the Abu Dhabi Sustainability Week Summit got underway this morning as part of ADSW 2021, the global platform for accelerating the pace of sustainable development. Hosted by Masdar, the event is being held virtually this year due to restriction in place to manage the COVID-19 pandemic.
Published on: 19 JAN 2021
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Masdar CEO wins prestigious Energy Institute award
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, has received a coveted award normally reserved for leaders of the oil & gas industry.
Published on: 27 FEB 2020
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HH Sheikh Mohammed bin Rashid Al Maktoum Inaugurates 800MW Third Phase of Solar Park
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has inaugurated Dubai Electricity and Water Authority’s, DEWA’s, Innovation Centre and the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. With a planned total capacity of 5,000MW by 2030, the Park features an investment of AED50 billion.
Published on: 24 NOV 2020
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ADSW 2020 achieves new milestones
Abu Dhabi Sustainability Week (ADSW) 2020, the region’s largest sustainability gathering, has again achieved new milestones for attendance, participation and business deals.
Published on: 28 JAN 2020
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Masdar executive director tells Gulf Business economic case for renewable energy “stronger than ever”
The economic case for renewable energy is “stronger than ever” and the UAE and other GCC states are particularly well placed to achieve “ambitious” clean-energy targets, Yousif Al Ali, executive director at Masdar Clean Energy, said in an interview with Gulf Business.
Published on: 16 APR 2020
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Solar Impulse 2 Soars Over Gemasolar, Masdar’s Solar Thermal Plant in Seville
Shortly after taking off from Seville, Spain en route to Cairo, Egypt, Solar Impulse 2 flew directly over the Gemasolar Thermosolar Plant, a highly advanced facility run by Torresol Energy, a joint venture between Masdar and Sener. The 20-megawatt plant is the world’s first utility-scale solar power plant to combine a central tower receiver system and molten salt storage technology enabling electricity generation for 15 hours without solar irradiance electricity, thus guaranteeing a reliable energy supply 24 hours a day.
Published on: 10 JUL 2016
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Solar Impulse 2 arrives in Egypt before homeward journey to Abu Dhabi
Solar Impulse 2 (Si2), the solar-powered plane attempting to become the first aircraft in the world to circumnavigate the globe without using a drop of fossil fuel, took another step towards its epic goal when it touched down in Egypt at 7:10 Egypt time today. The plane was received at Cairo International Airport by Egypt Minister of Civil Aviation H.E. Sherif Fathy and UAE Ambassador to Egypt H.E. Juma Mubarak Al Junaibi.
Published on: 12 JUL 2016
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Masdar Passes 10-Year Milestone
Today, Masdar employees and alumni gathered in Masdar City to mark ten years of achievement in advancing the clean energy industry in Abu Dhabi and around the world. Under the banner “Seizing the Next Decade,” participants were invited to reflect on Masdar’s significant and widespread impact to date and the promise of the next ten years, as part of an organisation defined by the spirit of partnership, collaboration and innovation.
Published on: 27 APR 2016
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Global Thought Leaders to Address How Innovation Can Accelerate Sustainable Development
Abu Dhabi Sustainability Week (ADSW) will bring together leading global experts – from academia, industry and government – to address how promoting innovation and cross-sector collaboration can accelerate solutions that tackle energy and water security, climate risk and sustainable development.
Published on: 12 JAN 2015
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CEO Stresses the Commercial Viability of Renewable Energy
Dr. Ahmad Belhoul, Masdar CEO, today delivered the keynote speech at the opening ceremony of the eighth World Future Energy Summit (WFES), a key event as part of Abu Dhabi Sustainability Week. During the keynote, Dr. Belhoul stressed the need to accelerate the adoption of renewable energy as a commercially viable technology to meet the world’s rising demand for electricity.
Published on: 19 JAN 2015