Dudgeon wind farm secures GBP1.3 billion project financing

London, UK, May 13, 2016: The developers of one of the world’s largest offshore wind farms announced the limited recourse financing for the project today, having reached financial close in six months. The GBP1.3 billion long-term financing will fund the capital requirements of the 402-megawatt (MW) Dudgeon Offshore Wind Farm, currently under construction 32 kilometres out to sea from the North Norfolk coast of East England.

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.

Masdar City to Host Annual Sustainability Festival

Masdar City will host the second annual Festival at Masdar City from 11am to 9pm on January 23-24, marking the close of Abu Dhabi Sustainability Week (ADSW). The event will be an opportunity to enjoy a fun and family focused day out, in one of the world’s most sustainable cities.

UAE Announces Four New Renewable Energy Projects in the Pacific under $50m Fund

The United Arab Emirates (UAE) today signed partnership agreements with four new Pacific island countries to deploy renewable energy projects under the US$50 million UAE-Pacific Partnership Fund. Grant funding is provided by the Abu Dhabi Fund for Development (ADFD), with the UAE Ministry of Foreign Affairs managing the initiative and Masdar, Abu Dhabi’s renewable energy company, leading implementation. The solar-powered projects – in the Marshall Islands, Nauru, Palau, and the Solomon Islands – are expected to be completed in 2016. The announcement brings the total number of projects under the fund to date to 10.

Mohammad bin Rashed, Mohammad bin Zayed and Egypt’s President Sisi Award ZFEP 2015 Winners

His Highness Sheikh Mohamed bin Rashed al Maktoum, Vice-President and Prime Minister of the UAE, Ruler of Dubai, His Excellency Abdulfattah El Sisi, President of the Republic of Egypt and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces, Awarded the 7th Zayed Future Energy Prize winners at an awards ceremony today during the opening of the Abu Dhabi Sustainability Week.

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.

Women in Sustainability Unite at Abu Dhabi Sustainability Week

Michael Bloomberg, UN Special Envoy for Cities and Climate Change, Tours Masdar City

Michael Bloomberg, UN Special Envoy for Cities and Climate Change, and a former mayor of New York City, toured Masdar City yesterday to learn how Abu Dhabi’s low-carbon mixed-use development is pioneering a “greenprint” for how cities can accommodate rapid urbanization and dramatically reduce energy, water and waste.

‘Blue Economy Summit’ Highlights Importance of Marine Ecosystems in Achieving Global Sustainability

The ‘Blue Economy Summit’ was held today in Abu Dhabi to address the unique climate and sustainably challenges facing Small Island Developing States (SIDS) and marine ecosystems. With over 70 percent of the world’s surface covered by oceans, protecting the health of marine environments is fundamental to protecting the world’s interconnected economies and long-term sustainability.

Masdar agrees to acquire stakes in two US wind farms

Abu Dhabi, United Arab Emirates; January 15, 2019: The Abu Dhabi Future Energy Company (Masdar), has announced the execution of a share purchase agreement (SPA) to acquire John Laing Group plc’s (John Laing) interest in two wind farms in the United States, marking the first time the Abu Dhabi-based company has invested in renewable energy projects in North America.

Masdar’s Global Clean Energy Achievements to be Showcased During ADSW 2014

Masdar, Abu Dhabi’s renewable energy company, will showcase its past year’s global contribution to clean energy development at the 7th World Future Energy Summit during the Abu Dhabi Sustainability Week (ADSW) – the region’s largest gathering on sustainability. Masdar will use the platform to highlight a year in which it has inaugurated solar and wind projects in the UAE, UK, Seychelles and Mauritania, installing over 750 megawatts of renewable grid capacity in the process.

Masdar Announces Winner of Second International Blogging Contest

Masdar, Abu Dhabi’s renewable energy company, today announced the winner of its annual Engage Blogging Contest. Masdar initiated the competition to drive international discussion about the role cities can have on sustainable development across the world. The contest received 117 entries from six continents and motivated thousands of readers to share their ideas about sustainability across Masdar’s web site, blogs and social media platforms in advance of Abu Dhabi Sustainability Week (ADSW), the largest gathering on sustainability in the Middle East.

Second Edition of Abu Dhabi Sustainability Week Kicks Off

The second edition of Abu Dhabi Sustainability Week (ADSW) gets underway today, welcoming global leaders to the UAE capital for a week of high-level dialogue to address the interconnected challenges affecting renewable energy, water scarcity and sustainable development. Taking place January 18-25, ADSW is the Middle East’s largest gathering on sustainability.

UAE and Denmark Cooperate to Advance Renewable Energy and Sustainability Globally

The United Arab Emirates and the Government of Denmark today signed a strategic framework agreement outlining nine areas of collaboration focused on advancing renewable energy and sustainability globally. The agreement was signed by H.E. Dr. Sultan Al Jaber, UAE minister of state and CEO of Masdar, and Rasmus Helveg Petersen, Danish minister of development cooperation. The signing ceremony was held in the presence of Frederik, Crown Prince of Denmark.

HRH Crown Prince of Denmark Visits Masdar Projects during Abu Dhabi Sustainability Week

HRH Crown Prince of Denmark today visited two of Masdar’s flagship projects including Masdar City, the low-carbon urban development, and Shams 1, the 100-megawatt concentrated solar power plant in Abu Dhabi. The Crown Prince was in the United Arab Emirates to participate in the Abu Dhabi Sustainability Week (ADSW) where Denmark yesterday signed a framework agreement with the UAE to explore and co-develop renewable energy projects.

Indian Ocean Rim Countries Launch Partnership to Accelerate Growth of Renewable Energy Markets

Ministers and senior officials from 25 Indian Ocean Rim Association countries today launched a series of new initiatives to accelerate the deployment of renewable energy throughout the Indian Ocean region.

Masdar Releases Sustainability Report

Masdar, Abu Dhabi’s renewable energy company, today published its first sustainability report. The report highlights the company’s sustainability milestones and provides a benchmark by which to measure future efforts.

Masdar Launches Renewable Energy Desalination Program

Masdar today launched a pilot program to test and develop advanced energy-efficient seawater desalination technologies suitable to be powered by renewable energy sources. The long-term goal of the program is to implement renewable energy-powered desalination plants in the United Arab Emirates and to have a facility at commercial scale by 2020.

UAE and New Zealand Sign Partnership Arrangement to Deploy Renewable Energy Project

The UAE Ministry of Foreign Affairs (MOFA), along with Masdar, today signed a partnership arrangement with the New Zealand Ministry of Foreign Affairs and Trade to accelerate the global deployment of renewable energy, particularly in Pacific Island countries. Potential project financing comes from a NZ$65 million (US$54 million) pledge by the New Zealand government and the US$50 million grant UAE-Pacific Partnership Fund, which is endowed by the Abu Dhabi Fund for Development (ADFD). The partnership was signed during Abu Dhabi Sustainability Week, the Middle East’s largest gathering focused on sustainability.

​Masdar Launches Wind Farm in Republic of Seychelles

Seychelles currently relies on expensive diesel generators to meet its electricity demand. With fuel accounting for 25 percent of the country’s total net imports, Seychelles is committed to diversifying its energy mix and reducing its reliance on fuel imports. Being an island country, with limited options to produce electricity, wind power generation presents a viable solution to meet a national target of 15 percent energy from renewable sources by 2030.