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Al Dhafra Solar wins Utility Scale Project of Year award
The Al Dhafra Solar project, set to be the world’s largest single-site solar power plant, has been named the Utility-Scale Solar Project of the Year by the Middle East Solar Industry Association (MESIA).
Published on: 27 MAY 2021
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Masdar Signs MoU with Malaysia to Develop Up to 10GW of Renewable Energy Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to invest US$8 billion for up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership that will significantly contribute to Malaysia's sustainable energy transformation.
Published on: 09 OCT 2023
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US$50m UAE-Caribbean Renewable Energy Fund awards EPC contract to build resilient clean-energy project in Dominica
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), has announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project in Dominica.
Published on: 27 MAY 2021
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Beyond2020 Installs Lighting Solutions at the World’s Largest Refugee Camp in Bangladesh
Beyond2020, the UAE-driven humanitarian initiative has announced the deployment of critical solar energy lighting solutions at Kutupalong Rohingya refugee camp in Cox’s Bazar, Bangladesh, lighting up the lives of 4,500 residents. The deployment in Bangladesh, which aims to enhance security and create better conditions for social and community activities after dark, marks the second phase of ‘20by2020’, which recently rebranded to ‘Beyond2020’ to serve as a flagship platform for continuous global outreach.
Published on: 04 MAY 2021
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Global renewable capacity expansion soars 50
Global renewable energy capacity additions reached a record level last year, exceeding expansion in 2019 by almost 50 percent, according to date from the International Renewable Energy Agency (IRENA). Worldwide, more than 260 gigawatts of renewable capacity was added last, accounting for more than 80 percent of all electricity expansion, the agency’s annual Renewable Capacity Statistics 2021 report shows.
Published on: 29 APR 2021
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Supporting Southeast Asia’s Clean Energy Transition
“At Masdar, we are invested in the clean energy future of communities around the whole world. I’m proud to work for a company that makes impactful contributions toward climate action. At the end of the day, climate change affects every single one of us and a borderless crisis requires collective action.”
Published on: 23 MAY 2021
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Fueling a sustainable future with hydrogen energy
Hydrogen (H) is the most abundant element in the universe, and the simplest and lightest. The energy industry has been seeking to tap it as source of power since at least 1842 when Welsh scientist William Robert Grove developed the first fuel cell, combining hydrogen and oxygen to produce electricity.
Published on: 23 MAY 2021
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Masdar signs 1GW Clean Energy Agreement in Azerbaijan following Presidential Inauguration of Garadagh Solar Park, Largest in the Region
Masdar signs 1GW Clean Energy Agreement in Azerbaijan following Presidential Inauguration of Garadagh Solar Park, Largest in the Region
Published on: 26 OCT 2023
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Masdar makes first investment in Greece by developing solar plant with Taaleri Energia
Masdar, one of the world’s leading renewable energy companies, and Taaleri Energia, which invests in utility-scale wind and solar assets, have agreed to develop a 65-megawatt (MW) solar photovoltaic (PV) project in Greece. The project will be managed through the companies’ joint venture Masdar-Taaleri Generation (MTG).
Published on: 06 MAY 2021
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Carbon Intensive Industries Call for Financing to Support Decarbonization
Executives from ‘hard-to-abate’ industries have called for increased financing to support decarbonization efforts, following the release of a landmark report that outlines less than a third believe they have adequate budgets to do so, and over half have not yet set net-zero targets.
Published on: 27 FEB 2023
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Sharjah Waste to Energy plant achieves major milestones towards zero-waste, net-zero emissions in first year of operations
The Sharjah Waste to Energy plant, a first of its kind project in the Middle East, has achieved multiple landmark milestones since its inauguration a year ago. Tied to the Sharjah electrical grid, the plant has generated enough energy to power over 2,000 homes per year while offsetting 150,000 tons of CO2 emissions.
Published on: 10 MAY 2023
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Masdar Signs Agreement to Explore Exporting Green Hydrogen
Masdar, one of the world’s leading clean energy companies, Port of Amsterdam, SkyNRG, Evos Amsterdam and Zenith Energy have signed a memorandum of understanding (MoU) to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets.
Published on: 13 JAN 2023
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UAE launches region’s first waste-to-feed project
Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, inaugurated the region’s first project that will upcycle organic waste into high-quality products.
Published on: 25 JUN 2022
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Masdar and IRENA to collaborate on setting a roadmap to triple global renewable energy capacity by 2030
During the UAE Climate Tech Forum in Abu Dhabi, Masdar and IRENA signed a Memorandum of Understanding (MoU) to collaborate on a project for COP28 that will outline global targets for renewable energy by 2030.
Published on: 10 MAY 2023
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ADNOC Drilling and Masdar agree to explore geothermal energy opportunities
ADNOC Drilling Company PJSC (“ADNOC Drilling” or “the Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) has signed a five-year Memorandum of Understanding (‘’the MoU’’) with Masdar, one of the world’s leading clean energy companies. Under the MoU, the companies will explore collaboration around development, investment, operations, and projects to responsibly advance the energy transition both in the UAE and globally.
Published on: 21 MAR 2023
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Masdar Partners with Azerbaijan’s SOCAR to Develop Renewable Energy Projects with 4 GW Capacity
The agreements were signed by Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Rovshan Najaf, President of SOCAR, on the sidelines of Abu Dhabi Sustainability Week, the global platform for accelerating sustainable development hosted by Masdar. HE Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, and HE Mikayil Jabbarov, Minister of Economy for Azerbaijan, witnessed the signing.
Published on: 17 JAN 2023
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Infinity Power signs MOU with Copelouzos Group to Jointly Develop Renewable Energy Projects
Copelouzos Group, through its subsidiary companies DAMCO ENERGY and ELICA MEDITERRANEAN INTERCONNECTION, and Infinity Power, a joint venture between Masdar (Abu Dhabi Future Energy Company) and Egypt’s Infinity, have signed a Memorandum of Understanding in order to access, on a non-exclusive basis, the possibility of jointly developing renewable energy projects that will provide GREGY electrical interconnection with a source of green energy.
Published on: 17 MAY 2023
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UAE and Egypt Advance Development of Africa's Biggest Wind Farm
The signing in Cairo was witnessed by Egyptian Prime Minister, HE Moustafa Madbouly, HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, HE Dr Mohamed Shaker El-Markabi, Minister for Electricity and Renewable Energy, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, Nayer Fouad, Chief Executive Officer of Infinity Power, and Hassan and Amr Allam, Chief Executive Officers of Hassan Allam Holding.
Published on: 06 JUN 2023
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Masdar Expands Presence in US with Completion of Acquisition of Big Beau Project Stake from EDF Renewables North America
Masdar, one of the world’s fastest-growing clean energy companies, has further expanded its presence in the United States’ renewables market after closing the acquisition of a 50 percent stake in a combined solar and battery storage project from EDF Renewables North America.
Published on: 12 APR 2023
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Masdar Achieves Financial Close on Three Solar Projects in Uzbekistan
Financing for the projects is being provided by the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB). The Dutch Entrepreneurial Development Bank, FMO, and ILX are acting as B loan participants.
Published on: 06 APR 2023
