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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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Masdar CEO Stresses Need for Securing Energy through Diversifying its Sources
The lecture explained the efforts the UAE is carrying out to diversify its energy mix through initiatives like Masdar, which is focusing on all necessary pillars of the value chain necessary to build a new sector, including research and development, investment, developing renewable energy projects and implementing the principles of sustainable development.
Published on: 13 MAY 2013
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During Keynote Speech, Masdar Director Stresses the Importance of Collaboration and Co-Innovation
Mr. Al Lamki also provided a powerful narrative showcasing some of Masdar’s innovative projects as examples for how working together can result in tangible, meaningful progress. The keynote was delivered during the Powering Progress Together forum – an event co-hosted by Shell and the city of Rotterdam, Netherlands.
Published on: 18 MAY 2013
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Masdar and Red Crescent Sign Agreement to Provide Humanitarian Assistance with Renewable Energy
Masdar and the UAE Red Crescent Authority yesterday signed a framework agreement to develop renewable energy solutions that will provide humanitarian relief to people across the world who lack basic services, such as electricity and water. The ultimate goal of the agreement is to provide for the development, building and commissioning of several renewable energy projects, along with associated applications such as solar home systems, solar water pumping systems and solar desalination. The agreement also provides for Masdar to be appointed as the exclusive “Program Management Consultant” for renewable energy projects that will be deployed to regions where the Red Crescent already provides other forms of humanitarian assistance.
Published on: 30 JUN 2013
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Tony Blair addresses UAE-UK Hosted Climate Finance Roundtable in New York City
“The finance sector is an indispensable partner in the future success of clean energy,” said Mr. Tony Blair, former Prime Minister of the United Kingdom. “During the time that I have worked to advance solutions to climate change I have seen an important shift from high level policy discussions to practical solutions on the ground.” He pointed to the UAE as one of the leaders in this transition.
Published on: 26 SEP 2013
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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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HRH, the Duke of York opens Masdar Building at the University of Manchester
Abu Dhabi, United Arab Emirates; December 11, 2018 – Masdar, the Abu Dhabi Future Energy Company, has hailed the official opening of the Masdar Building, which houses The University of Manchester’s Graphene Engineering Innovation Centre (GEIC), as an important step forward in its commitment to advancing clean-tech innovation around the world.
Published on: 11 DEC 2018
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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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Masdar collaborates with Department of Transport to roll out first all-electric bus service in the Middle East
Abu Dhabi, United Arab Emirates; January 3, 2019 – Masdar, the Abu Dhabi Future Energy Company, has officially launched the first fully electric passenger bus in the region in partnership with the Department of Transport in Abu Dhabi (DoT), Abu Dhabi-based bus manufacturer Hafilat Industry LLC , and leading technology company Siemens.
Published on: 03 JAN 2019
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Masdar Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals
Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
Published on: 10 OCT 2018
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Ras Al Khaimah Municipality launches Model Villa Initiative as part of Masdar partnership
Ras Al Khaimah Municipality, in partnership with Masdar (Abu Dhabi Future Energy Company), has today launched its “Model Villa Initiative”, in an effort to promote energy efficiency and the building of more sustainable residential villas in the emirate.
Published on: 24 SEP 2018
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Financing commitments mark critical milestone in development of Bee’ah’s and Masdar’s Sharjah waste-to-energy facility
Abu Dhabi Future Energy Company, Masdar, and Bee’ah, the UAE’s leading environmental management company, have secured financing commitments for the Sharjah Multi-Fuel Waste-to-Energy Facility, the flagship project of Emirates Waste to Energy, a joint venture between the two companies launched in May 2017.
Published on: 17 JAN 2018
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ADSW 2018 draws to a close after delivering on promise to “Drive the global energy transformation”
Abu Dhabi Sustainability Week (ADSW) 2018, hosted by Masdar, Abu Dhabi Future Energy Company, came to a successful conclusion on 20 January after further cementing its role as the world’s most inclusive sustainability gathering. The event brought together more than 38,000 attendees representing 175 countries, ranging from Heads of State and leaders of industry to students and local communities.
Published on: 21 JAN 2018
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Masdar City - A template for sustainable urban development
The development of Masdar City as a low-carbon solution to urban living reflects the significant investment the UAE is making in sustainable development, and its clear understanding of the valuable role cities play in driving global sustainability. By applying real-world solutions in energy and water efficiency, mobility and waste management, Masdar City offers practical solutions not blue-sky thinking.
Published on: 18 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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Two-Day Sustainability Festival at Masdar City Opens Tomorrow
Masdar City’s two-day sustainability festival will get underway tomorrow, marking the end of the second edition of Abu Dhabi Sustainability Week (ADSW). The Festival at Masdar City will be an opportunity for the community to spend a fun, educational weekend in one of the world’s most sustainable cities. Open from 11am to 8pm and ending on Saturday, the event is expected to attract thousands of local residents eager to learn more about living sustainably.
Published on: 22 JAN 2014
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Masdar Signs MOU with JBIC to Accelerate Renewable Energy Technologies
Masdar today signed a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) that will see the two parties work together in identifying, financing and executing renewable energy projects around the world. The agreement was signed by H.E Dr. Sultan Al Jaber, Minister of State and CEO of Masdar, and JBIC Governor, CEO, Hiroshi Watanabe. The signing took place in the presence of His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Japanese Prime Minister, Shinzo Abe.
Published on: 25 FEB 2014
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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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Competition to design sustainable mobility solutions serving Masdar City launched at ADSW 2017
Masdar, Abu Dhabi’s renewable energy company, is inviting selected industry specialists to develop the next phase of the driverless vehicle transit network serving Masdar City, Abu Dhabi’s flagship sustainable urban development.
Published on: 13 JAN 2017
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Three school teams from Al Gharbia win “Solar Oven Challenge”
The winning teams in a school contest to build an electric oven powered by solar energy received their trophies and cash prizes at Shams Solar Power Company in Madinat Zayed yesterday.
Published on: 15 JAN 2017