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EDF Group and Masdar-Led Consortium Achieves Financial Close on its Multi-Utilities Infrastructure Facility at AMAALA Tourism Destination In KSA
The consortium led by EDF Group and Masdar, alongside their partners Korea East-West Power Co. (EWP) and SUEZ, announced today that it has reached the financial close for its multi-utilities infrastructure facility at AMAALA. The overall project build cost is approximately 1.5 billion USD. Developed by Red Sea Global, AMAALA is a new destination with wellness at its core, nestled along the Red Sea coast of the Kingdom of Saudi Arabia and expected to start welcoming guests in 2025.
Published on: 31 OCT 2024
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UAE-France High-Level Business Council holds 2nd plenary meeting in Paris
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, and Patrick Pouyanné, Chairman and CEO of TotalEnergies, co-chaired, on Monday in Paris, the second plenary meeting of the UAE-France High-Level Business Council, in the presence of Bruno Le Maire, French Minister of Economy, Finance, and Industrial and Digital Sovereignty.
Published on: 19 FEB 2024
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Tokyo Gas and Osaka Gas join Masdar and INPEX in a feasibility study to produce e-methane in Abu Dhabi, UAE
Abu Dhabi Future Energy Company PJSC – Masdar (Masdar), INPEX CORPORATION (INPEX), Tokyo Gas Co., Ltd. (Tokyo Gas) and Osaka Gas Co., Ltd. (Osaka Gas) announced they have signed a collaboration agreement to conduct a joint feasibility study on e-methane1 production in Abu Dhabi in the United Arab Emirates (UAE).
Published on: 23 JAN 2024
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Emerge Announces Successful Energization of Solar Projects at Yas Bay Waterfront and Yas Marina Circuit
Emerge, a joint venture between the UAE’s Masdar and France’s EDF Group, has announced the successful energization of two high-profile solar photovoltaic (PV) projects on Yas Island at Yas Marina Circuit and Yas Bay Waterfront, Abu Dhabi’s vibrant day-to-night dining, entertainment and leisure destination.
Published on: 23 MAY 2024
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UAE and Kazakhstan sign landmark agreements to develop 1GW of renewables capacity
The governments of the United Arab Emirates and the Republic of Kazakhstan today signed an agreement outlining a commitment to co-operation in the development of Kazakhstan’s renewables sector, including through the development of a large-scale wind power project with a 1GW capacity.
Published on: 02 DEC 2023
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Masdar Expands European presence with Acquisition of 1GW Renewable Portfolio in Poland
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, today announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finnish-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios.
Published on: 04 DEC 2023
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ADNOC, bp and Masdar agree to expand UAE-UK new energy partnership
Abu Dhabi National Oil Company (ADNOC), bp and Masdar announced the signing of strategic framework agreements to expand upon the UAE and UK’s longstanding track record of bilateral partnership in sustainability, including the potential development of clean hydrogen hubs in both the UK and UAE at a scale of at least 2 gigawatts (GW).
Published on: 17 SEP 2021
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Masdar City Free Zone is now facilitating the process for Golden Visas in the emirate of Abu Dhabi
Masdar City Free Zone, is now facilitating the process and submitting, Golden Visas for all eligible candidates and their families.
Published on: 31 OCT 2021
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Dr Sultan Al Jaber named Executive of the Year by Energy Intelligence
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), was today honored with the ‘Energy Executive of the Year Award for 2021’ by Energy Intelligence, validating the United Arab Emirates’ (UAE) vision for a sustainable energy future.
Published on: 04 OCT 2021
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The Abu Dhabi Chamber of Commerce and Industry (ADCCI) signed four agreements with leading national entities to support the growth and prosperity of the private sector in the Emirate of Abu Dhabi
The agreements were signed as part of the Abu Dhabi Chamber’s participation as a supporting partner in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the world’s largest event in the energy and oil sector. ADIPEC is held at the Abu Dhabi National Exhibition Centre between 2-5 October, under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE.
Published on: 04 OCT 2023
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Masdar signs strategic agreement to develop solar projects in Republic of Iraq
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, announced that it signed a strategic agreement with the Republic of Iraq to develop solar photovoltaic (PV) projects in the country with a minimum total capacity of two gigawatts (GW).
Published on: 25 JUN 2021
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US$50m UAE-Caribbean Renewable Energy Fund awards EPC contract to build resilient clean-energy project in Dominica
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), has announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project in Dominica.
Published on: 27 MAY 2021
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Interview with Linda Fitz-Alan, Registrar and Chief Executive - ADGM Courts
As global economies restart and calibrate in the wake of the COVID-19 pandemic, environmental, social and governance (ESG) aspects - and in particular diversity and inclusion, are coming under increased investor scrutiny.
Published on: 23 MAY 2021
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Infinity Power signs MOU with Copelouzos Group to Jointly Develop Renewable Energy Projects
Copelouzos Group, through its subsidiary companies DAMCO ENERGY and ELICA MEDITERRANEAN INTERCONNECTION, and Infinity Power, a joint venture between Masdar (Abu Dhabi Future Energy Company) and Egypt’s Infinity, have signed a Memorandum of Understanding in order to access, on a non-exclusive basis, the possibility of jointly developing renewable energy projects that will provide GREGY electrical interconnection with a source of green energy.
Published on: 17 MAY 2023
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Infinity Power Finalizes Acquisition of Lekela Power in Africa’s Biggest Renewable Energy Deal
Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, announced today it has completed the acquisition of the entire shareholding of Lekela Power. The transaction makes Infinity Power the largest renewable energy company on the African continent. Infinity’s key stakeholders include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD).
Published on: 20 MAR 2023
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Renewable energy capacity must triple by 2030, Masdar Chairman tells CERAWeek
Renewable energy capacity needs to triple by the end of this decade if the world is to meet climate targets, Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, said in his keynote speech at CERAWeek in Houston, Texas.
Published on: 07 MAR 2023
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Masdar’s WiSER Annual Forum Explores Plans to Boost Women’s Leadership in Climate Adaptation at ADSW 2023
Over 120 influential figures came together to explore ways to boost women’s leadership in climate adaptation at an annual forum held by Women in Sustainability, Environment and Renewable Energy (WiSER), a global platform run by the UAE’s clean energy powerhouse Masdar.
Published on: 19 JAN 2023
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Held under the patronage of Khaled bin Mohamed bin Zayed Masdar’s Youth 4 Sustainability (Y4S) platform returns to Abu Dhabi Sustainability Week
Masdar, one of the world’s leading renewable energy companies and the host of Abu Dhabi Sustainability Week (ADSW), has announced the opening of registration for the 2022 Youth 4 Sustainability (Y4S) forum, a series of youth-led discussions taking place from January 17 – 19 as part of ADSW 2022.
Published on: 13 JAN 2022
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Masdar celebrates installation of 19,438 Solar Home Systems in rural Morocco
Masdar, Abu Dhabi’s renewable energy company, announced today at Abu Dhabi Sustainability Week (ADSW), it has successfully completed installing a landmark off-grid solar power project that extends energy access to 19,438 homes in more than 1,000 rural villages in the Kingdom of Morocco.
Published on: 13 JAN 2018
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Masdar led consortium strengthens partnership
Masdar, the UAE’s flagship clean energy company, and its consortium partners, Infinity Power Holding and Hassan Allam Utilities, announced that they have signed a framework agreement with leading Egyptian state-backed organizations on the development of a 2 gigawatt (GW) green hydrogen project in the Suez Canal Economic Zone (SCZONE).
Published on: 16 NOV 2022
