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Dudgeon wind farm signs publicly rated landmark project refinancing of GBP1.4 billion
The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group have announced the signing of a hybrid refinancing that includes approximately GBP561 million of commercial bank debt and GBP706 million of senior secured notes privately placed with institutional investors, finally maturing in 2032. Both tranches have been oversubscribed, underpinning strong investor interest. The A- (EXP) rating by Fitch reflects efficient operations and robust asset performance.
Published on: 13 DEC 2018
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The EDF Renewables-Masdar consortium awarded the Dumat Al Jandal (400 MW) wind project in Saudi Arabia
Paris, January 10th 2019 – The consortium consisting of EDF Renewables and Masdar (Abu Dhabi Future Energy Company PJSC), both global leaders in renewable energy, is announcing that it has won the tender for the Dumat Al Jandal wind farm.
Published on: 10 JAN 2019
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HH Sheikh Mohammed bin Rashid and HH Sheikh Mohammed bin Zayed attend Opening Ceremony of Abu Dhabi Sustainability Week 2019
His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, today welcomed global heads of state, local dignitaries and business leaders to Abu Dhabi Sustainability Week 2019.
Published on: 14 JAN 2019
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Masdar joint venture Hywind Scotland exceeds operational milestones in first three months
Abu Dhabi, UAE, February 15, 2018: As the UAE celebrates Innovation Month in February, the developers of Hywind Scotland, the world’s first commercial-scale floating wind farm, have reported better than expected results in the first three months of the project’s operations, with cutting-edge technology playing an important role.
Published on: 14 FEB 2018
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Masdar to Install Rooftop Solar PV Systems at Khazna’s Masdar City Facility
Masdar, a subsidiary of the Mubadala Investment Company (Mubadala), today announced that it will install a 290-kilowatt (KW) solar photovoltaic (PV) system to serve the facility of Khazna Data Centres (Khazna) in Masdar City.
Published on: 03 MAR 2018
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Zayed Sustainability Prize 2020 submissions up 13 per cent
Following its 11th annual awards ceremony, held in January, the Zayed Sustainability Prize, the UAE's pioneering global award in sustainability, entered a four-month submissions phase for the 2020 awards, which closed on 30th May with a record 2,373 completed submissions; a 13 per cent increase over the previous year.
Published on: 26 JUN 2019
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Solar power – a primer
The energy that the Earth receives from the Sun in just one hour is equal to the total amount of energy consumed by humans in one year. Part of this energy can be converted into electricity by photovoltaic systems. The basic unit of these systems is the light-absorbing solar cell, also called a photovoltaic (PV) cell. Conventional solar cells contain a rigid semiconductor wafer made of crystalline silicon as the PV material, although other PV materials are now in use as well.
Published on: 26 JUN 2019
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Masdar Institute Establishes iMicro to Serve Abu Dhabi’s Emerging Semiconductor Ecosystem
Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, today announced the creation of its Institute Center for Microsystems (iMicro) that will serve as a research and development hub for Abu Dhabi’s emerging semiconductor ecosystem.
Published on: 09 MAR 2014
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ADSW 2017 targets new technologies in meeting the MENA region’s growing water needs
Ground water scarcity exacerbated by increased water demand due to population growth and the effects of climate change – droughts, higher temperatures – is a critical sustainability challenge for many regions of the world. The Middle East & North Africa (MENA) is no exception.
Published on: 16 DEC 2016
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Saudi youth support major investment in renewable energy
Abu Dhabi, United Arab Emirates, December 28, 2016 – Ambitious plans set out by the Kingdom of Saudi Arabia for the deployment of renewable energy are strongly aligned with the hopes and ambitions of the country’s young people, according to global research commissioned by Masdar, Abu Dhabi’s renewable energy company.
Published on: 02 JAN 2017
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HH Sheikh Mohammed Bin Zayed Al Nahyan Honours 2017 Winners of Zayed Future Energy Prize
His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, presented the Zayed Future Energy Prize to nine winners during the 2017 awards ceremony in Abu Dhabi today, in the presence of six heads of state.
Published on: 15 JAN 2017
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HH Mohammed bin Zayed attends Opening Ceremony of ADSW
His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, attended the Opening Ceremony of Abu Dhabi Sustainability Week (ADSW) and the 10th World Future Energy Summit today.
Published on: 15 JAN 2017
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PT Pembangkitan Jawa-Bali and Masdar sign PDA for 200MW floating solar PV Plant
Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of the state electricity company Perusahaan Listrik Negara (PLN), and Masdar, Abu Dhabi Future Energy Company, signed today a project development agreement (PDA) for the world’s largest floating solar photovoltaic (PV) power plant.
Published on: 27 NOV 2017
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Masdar supporting UAE drive to become one of the most innovative countries in the world
Established in 2006 to help maintain Abu Dhabi’s leadership in the global energy sector, while supporting the diversification of both its economy and energy sources for the benefit of future generations, Masdar has more than a decade of innovation to its name.
Published on: 24 FEB 2018
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ADSW 2017 to convene first Advisory Council as renewable energy industry enters new phase of growth
Abu Dhabi, UAE, November 24, 2016: Abu Dhabi Sustainability Week (ADSW), the Middle East’s largest gathering on sustainability, will host an elite group of industry experts to advise on the event’s continued success in translating the global mandate for renewable energy and clean technologies into concerted policy and business action.
Published on: 23 NOV 2016
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Masdar Announces Fifth Annual ‘Engage’ Social Media Contest Winner
Masdar, Abu Dhabi’s renewable energy company, has announced the winner of its fifth annual Engage Social Media Contest. This year’s contest received 130 entries, a record level of participation in the five years of this competition, with submissions coming from 45 nations across six continents. For the first time, the contest welcomed submissions in formats other than blogging posts, which led to entries that included videos, slideshows and Tumblr updates.
Published on: 11 JAN 2017
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Free Zone encouraging entrepreneurship and Abu Dhabi private sector growth
Masdar City in Abu Dhabi, one of the world’s most sustainable urban developments, is widely associated with the Masdar Institute of Science and Technology, the world’s first graduate-level university focused on advanced energy and sustainable technologies.
Published on: 06 APR 2016
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Pledges made to make a difference at Women’s Economic Empowerment Global Summit
Abu Dhabi Future Energy Company (Masdar), the Zayed Future Energy Prize (ZFEP), Abu Dhabi Sustainability Week (ADSW) and the Women in Sustainability, Environment and Renewable Energy (WiSER) initiative have pledged to support the advancement of women as drivers of sustainable economic growth.
Published on: 06 DEC 2017
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Masdar unveils locally manufactured all-electric Eco-Bus at Abu Dhabi Sustainability Week 2018
A template for future sustainable public transport solutions, the working prototype was jointly developed by Masdar and Abu Dhabi-based Hafilat Industry in collaboration with the Masdar Institute, part of Khalifa University of Science and Technology. Technology partner Siemens provided the bus’s engine giving the vehicle a range of 150 kilometres per charge while minimising the size and weight of its battery.
Published on: 14 JAN 2018
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Autonomous vehicle specialist NAVYA to realise expansion of Masdar City sustainable mobility networ
Following the results of a global industry competition launched at Abu Dhabi Sustainability Week last year, Masdar, Abu Dhabi Future Energy Company, has selected autonomous vehicle producer NAVYA as the most technically and commercially qualified contestant for the next phase of the mobility network of Masdar City.
Published on: 15 JAN 2018