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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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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.
Published on: 14 MAY 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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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.
Published on: 16 JAN 2015
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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.
Published on: 18 JAN 2015
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‘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.
Published on: 19 JAN 2014
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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.
Published on: 15 JAN 2019
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Bid success for Noor Midelt Phase 1 hybrid solar power plant in Morocco
The Moroccan Agency for Sustainable Energy (MASEN) has announced that the consortium of EDF Renewables, Masdar, and Green of Africa has been awarded the tender for the design, financing, construction, operation and maintenance of the Noor Midelt Phase 1 multi-technologies solar power plant.
Published on: 23 MAY 2019
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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.
Published on: 19 JAN 2014
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Crown Prince Inaugurates Abu Dhabi Sustainability Week
Attracting over 30,000 participants from 150 countries, including world leaders, policy makers, thought leaders, decision-makers, experts, scientists, business leaders and academics, the significant platform for international dialogue and cooperation will tackle the world's pressing issues in energy, water and environment, accelerate the global adoption of renewable energy, address water challenges in arid regions, elevate the water - energy nexus topics on the global agenda, and encourage the dialogue between broad industry stakeholders to strengthen strategic partnerships as well as stimulate investment in water, energy and environment projects and empower the young generations and entrepreneurs.
Published on: 14 JAN 2013
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5,000 Students Attend WFES and International Water Summit in Abu Dhabi
More than 5,000 school and university students from across the UAE experienced how world leaders are addressing the challenges of energy, climate change, sustainable development and water conservation during this year’s World Future Energy Summit (WFES) and International Water Summit (IWS) in Abu Dhabi. The students, representing more than 800 schools and universities from all seven emirates, were hosted by Masdar, Abu Dhabi’s renewable energy company.
Published on: 28 JAN 2013
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Masdar to Develop 15MW Solar Plant in Mauritania
“Mauritania has some of the highest levels of solar radiation in the world, making it an ideal place for solar power installations,” said Mauritania’s Minister of Petroleum, Energy and Mines H.E. Taleb Ould Abdivall. “We are pleased to be working with such esteemed partners on this important project and remain committed to harnessing our abundant renewable energy resources. Masdar has gained tremendous experience in the renewable energy sector through its projects worldwide and we look forward to future opportunities for cooperation,” H.E. Abdivall added.
Published on: 22 OCT 2012
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Construction Begins on Masdar and International Renewable Energy Agency Headquarters Complex
Masdar today announced the awarding of the design and construction contract for its new headquarters complex, which will also house the International Renewable Energy Agency (IRENA). The headquarters will be one of the most advanced, sustainable multi-use complexes in the United Arab Emirates. It will be the cornerstone of Masdar City – the special economic zone, clean-technology cluster and low-carbon city in Abu Dhabi. Completion is set for summer of 2014.
Published on: 20 OCT 2012
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Abu Dhabi Named Host City For The First Round-The-World Solar Flight By Solar Impulse 2
Abu Dhabi, capital city of the United Arab Emirates (UAE), will be the start and finish of the first solar-powered flight around the world, which co-founders and pilots, Bertrand Piccard and André Borschberg are planning to undertake in March 2015 with Solar Impulse 2.
Published on: 28 SEP 2014
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Successful Abu Dhabi Ascent Concludes with Call on Action from Ban Ki-moon
UN Secretary General, Ban Ki-moon, officially closed climate change discussions in Abu Dhabi yesterday (Monday) with a rallying cry to governments and business to take meaningful action to mitigate the impact of climate change. Hailing the Abu Dhabi Ascent as a success, he said the meeting was a critical step forward on the way to forging a consensus on how to tackle climate change.
Published on: 05 MAY 2014
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Abu Dhabi Solar Challenge Launched
The Abu Dhabi Solar Challenge (ADSC), the first ever solar car competition to take place in the United Arab Emirates (UAE), was announced today. Navigating the entire country, the 1,200km ADSC will start and finish in Abu Dhabi and take place from the 16-19 January, 2015. The race will coincide with Abu Dhabi Sustainability Week and end at the opening ceremony of the World Future Energy Summit.
Published on: 05 MAY 2014
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Masdar Wins Three Emirates Energy Award Prizes
Masdar, Abu Dhabi’s renewable energy company, yesterday won three awards at the Dubai Supreme Council of Energy’s inaugural Emirates Energy Award ceremony. Masdar was recognized for its achievements in developing large-scale renewable energy projects, designing buildings with high levels of energy efficiency and cultivating young professionals in the clean-energy sector. The Emirates Energy Award recognizes and encourages best practices and leading initiatives in energy efficiency, alternative energy, sustainability and environmental protection.
Published on: 27 OCT 2013
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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 Festival at Masdar City to bring Abu Dhabi Sustainability Week 2019 to a close
The Festival is returning to Masdar City for a two-day family celebration, bringing to a close the latest edition of Abu Dhabi Sustainability Week. The fun-packed weekend, which will be hosted on Friday, 18 and Saturday, 19 January at Masdar City, will bring the public to learn about sustainability and how to make more environmentally-conscious decisions.
Published on: 12 JAN 2019
