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Masdar signs agreement with TANESCO to support Tanzania’s clean energy objectives
Masdar has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) to develop renewable energy projects in the East African nation.
Published on: 28 FEB 2022
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Masdar signs landmark agreements to develop 4 GW-capacity green hydrogen plants in Egypt by 2030
Masdar, one of the world’s leading renewable energy companies, and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, announced today that they have signed two Memorandums of Understanding with leading Egyptian state-backed organizations to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast.
Published on: 24 APR 2022
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HE Suhail Al Mazrouei predicts a dominant role for renewables in the future
The seventh edition of Masdar Live saw His Excellency Suhail Al Mazrouei, Minister of Energy and Infrastructure, share his insights about the current fossil fuel economy and his hopes for the energy economy of the future.
Published on: 30 AUG 2020
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Masdar-EDF Renewables-Nesma consortium reaches financial close and starts construction on 300 MW solar project in Saudi Arabia
The consortium led by Masdar and EDF Renewables, both global leaders in renewable energy, and Nesma Company, announced today it has reached financial close on a 300-megawatt (MW) utility-scale photovoltaic (PV) solar power plant in Jeddah and is starting construction.
Published on: 10 APR 2021
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In the presence of Mohammed bin Rashid, Masdar Signs Agreement with DEWA to deliver sixth phase of world’s largest single-site solar park PV Project
H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; witnessed the signing of an agreement between the Dubai Electricity and Water Authority PJSC (DEWA) and Masdar, Abu Dhabi Future Energy Company PJSC, to build and operate the 1,800 megawatt (MW) sixth phase of the landmark Mohammed bin Rashid Al Maktoum Solar Park, costing up to AED5.51 billion.
Published on: 06 SEP 2023
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Masdar more than doubles clean energy capacity over 2 years generating enough electricity to power over 4 million homes
Masdar has released its 2020 Annual Sustainability Report that revealed it more than doubled its clean energy capacity over two years to generate enough electricity to power over four million homes. The capacity of the renewable energy projects that Masdar is a partner in has risen to over 10.7 GW in 2020 from 4 GW in 2019, with the company’s global operating clean energy portfolio displacing close to 6.5 million metric tons of CO2 annually.
Published on: 20 JAN 2021
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Masdar participates in panel on gender equality in energy
Masdar’s Executive Director for Brand and Strategic Initiatives, Dr Lamya N Fawwaz, participated in a panel discussion titled “Equality in the Energy Sector,” at the Global Women’s Forum Dubai (GWFD) hosted by the Dubai Women Establishment.
Published on: 16 FEB 2020
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Ecothon Plus competition winners announced at the World Energy Congress
Masdar has awarded the winners of the Ecothon Plus competition at the World Energy Congress in Abu Dhabi. The competition was held as part of Masdar’s Future Sustainability Leaders programme. In collaboration with the UAE Emirates Red Crescent, the Ecothon aimed to provide energy-efficient solutions for the UAE-Jordanian Refugee Camp in Marajeeb Al Fhood, Jordan. The camp is operated by Emirates Red Crescent Society and provides humanitarian aid to over 4,000 refugees.
Published on: 13 SEP 2019
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Sustainability Ambassadors programme hosts second Ecothon competition
The Sustainability Ambassadors programme, part of the Youth 4 Sustainability (Y4S) platform, hosted its second Ecothon competition of the year on February 12.
Published on: 18 FEB 2020
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Shams – A journey from heritage to energy
Abu Dhabi’s Al Dhafra region is a source of great pride for the UAE. It represents the roots of the country’s Bedouin heritage, with its desert sands inspiring many a poem and captivating many an explorer.
Published on: 30 MAR 2021
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Shams celebrates 7 years of impact
Shams, one of the world’s largest concentrated solar power plants (CSP), celebrated its 7th anniversary on March 17.
Published on: 18 MAR 2020
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Partnerships can help sovereign funds operate as climate-aligned investors
Sovereign wealth funds can leverage partnerships to help them bridge “capability gaps” and operate more effectively as climate-aligned investors, according to a new report from the Organisation for Economic Cooperation and Development (OECD) Development Centre. The report cites Mubadala Investment Company’s Masdar as an example of a company that has made partnerships a “core component” of its investment strategy.
Published on: 22 JUL 2020
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Renewable energy stocks outperforming fossil fuel peers during COVID-19 crisis
Renewable power stocks have outperformed fossil fuels peers both over the past 10 years and during the COVID-19 crisis, according to a new report published by Imperial College Business School in the UK.
Published on: 01 JUN 2020
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Ryse Energy moves to Masdar City to capture US$200 billion off-grid renewables opportunity
Ryse Energy, a global leader in renewable off-grid energy systems with over 4,000 installations across all seven continents, has moved to Masdar City, Abu Dhabi, to expand into new markets and capture the multi-billion dollar market opportunities represented in the off-grid energy space across the globe.
Published on: 08 NOV 2020
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Saudi Arabia’s first wind farm will transform Kingdom’s renewable energy sector, says NESMA executive
Saudi Arabia’s first wind farm, Dumat Al Jandal, is set to transform the Kingdom’s renewable energy sector, attendees of the fourth Instagram Live series, Masdar Talks, heard.
Published on: 27 DEC 2020
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10 things you didn’t know about Masdar City
Anyone can visit Masdar City: That’s right. If you want to discover more about how a sustainable urban community looks and works, visit Masdar City and explore its different elements. Don’t forget to download the Masdar City mobile app for a self-guided tour at your convenience.
Published on: 30 MAR 2021
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Empowering young women to become sustainability leaders
The Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s strategic outreach platforms, is proud to announce that the WiSER Pioneers Program is now accepting applications for its 2021 cohort.
Published on: 25 NOV 2020
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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
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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
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ADQ Launches AED1.1billion fund to help start-ups establish headquarters in Masdar City
ADQ, one of the region’s largest holding companies with a diverse portfolio spanning key sectors of Abu Dhabi’s non-oil economy, has launched an AED1.1billion venture fund that will help early-stage businesses set up global or regional headquarters in Masdar City.
Published on: 20 MAY 2020
