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Masdar, SOCAR Green and ACWA Power Sign MoU to Explore the Development of 3.5GW of Offshore Wind Projects in the Republic of Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU) with SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, and Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, to develop 3.5 gigawatts (GW) of offshore wind projects in the Azerbaijan section of the Caspian Sea.
Published on: 14 NOV 2024
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Iberdrola and Masdar sign global alliance to co-invest up to €15 billion in offshore wind and green hydrogen projects in Germany, UK and the USA
Today (5th December) at COP28 in Dubai, global green energy giants Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in key markets including Germany, UK and the USA.
Published on: 05 DEC 2023
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Masdar Advances 10GW Africa Growth Plan to Unlock Energy Transition in Six Sub-Saharan Nations
Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE’s clean energy leader, in support of the clean energy transition across the continent.
Published on: 07 DEC 2023
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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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Masdar City attracts global and regional innovation giants amid focus on global green recovery from COVID-19
Masdar City, the sustainable urban development in the UAE’s capital, Abu Dhabi, is set to play a key role in the global green recovery from COVID-19 as it continues to add sustainability-focused innovation and technology companies. The number of companies in the City’s free zone increased 26 percent in 2020, indicating the important role of the City and its offerings to innovation-led companies, including G42 Healthcare, whose laboratories and testing centers were central to the UAE’s pandemic response.
Published on: 16 JUN 2021
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Carbon Intensive Industries Call for Financing to Support Decarbonization
Executives from ‘hard-to-abate’ industries have called for increased financing to support decarbonization efforts, following the release of a landmark report that outlines less than a third believe they have adequate budgets to do so, and over half have not yet set net-zero targets.
Published on: 27 FEB 2023
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Masdar’s inaugural Green Finance Framework published with highest rating
Masdar has published its inaugural Green Finance Framework (GFF) with a Sustainability Quality Score of SQS1 (Excellent) – the highest rating – from Moody’s Investors Service, its Second Party Opinion provider. This independent assessment is expected to make Masdar’s planned bond offering more attractive to debt capital market investors.
Published on: 03 MAR 2023
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Japanese Minister of Foreign Affairs Tours Masdar & Reaffirms Strong Relationship with Masdar
The Minister of Foreign Affairs was received by Dr. Sultan Ahmed Al Jaber, CEO of Masdar, who provided His Excellency with a comprehensive overview of the company’s progress in developing scalable and commercially viable renewable energy and clean technologies. In addition, his Excellency was updated on the progress of ongoing relationships between Masdar and Japanese companies.
Published on: 09 JAN 2012
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Masdar supports campaign to host Expo 2020
Abu Dhabi, UAE, March 1, 2012: In November 2011, the United Arab Emirates presented its bid to the Bureau International des Expositions (BIE) in Paris to host the World Expo in Dubai, between January 4 and June 30, 2020. Dr. Sultan Ahmed Al Jaber, Chief Executive Officer, Masdar, conveyed his support to the efforts of the United Arab Emirates in hosting World Expo 2020; highlighting the Expo’s focus on sustainable development.
Published on: 29 FEB 2012
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Masdar to Serve as Lead Sponsor for World Energy Forum 2012
Dr Sultan Ahmed Al Jaber, Chief Executive Officer of Masdar, said: “Masdar is committed to supporting all efforts aimed at strengthening the United Arab Emirates’ (UAE) position in the energy sector, particularly in relation to renewable energy. World leaders and clean energy experts will gather at the World Energy Forum to discuss policies and solutions that address the challenges of energy security. Hosting this forum in the United Arab Emirates demonstrates the great confidence the world places in the UAE’s ability to play a leading role in the renewable energy sector."
Published on: 28 AUG 2012
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Zayed Future Energy Prize Announces Winners
His Highness said: “The Zayed Future Energy Prize has become a beacon of light, stimulating thinkers and creators while encouraging the world to accelerate innovation in renewable energy and sustainability. This Prize is a clear manifestation of the vision of the late founding father of the United Arab Emirates, Sheikh Zayed bin Sultan Al Nahyan - who placed a priority on investing in human capital and the preservation of our natural resources for generations to come.”
Published on: 16 JAN 2012
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Innovation Month 2021: How Masdar City is supporting the UAE as a power hub of innovation
Masdar City, Abu Dhabi’s flagship sustainable urban development, is today home to more than 900 organizations – ranging from international giants to home-grown start-ups – that are developing innovative technologies in the areas of energy, space and artificial intelligence to address the world's most critical sustainability challenges.
Published on: 24 FEB 2021
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Securing the UAE's food supply for future generations
The global COVID-19 pandemic has intensified the threat of food security worldwide, with the United Nations World Food Programme (UN WFP) forecasting that more than a quarter of a billion people will face food poverty by the end of 2020.
Published on: 27 MAY 2020
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Nature not rebounding quickly enough in COVID-19 pandemic, says HE Razan Khalifa Al Mubarak
While global measures to combat the COVID-19 pandemic have temporarily reduced air pollution and greenhouse gas emissions, they have also hampered efforts to prevent biodiversity loss, Her Excellency Razan Khalifa Al Mubarak said at a virtual event today. Recovery plans must not only facilitate an economic rebound, they must also deliver a biodiversity stimulus, she told employees at Masdar.
Published on: 09 JUL 2020
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2020 marks start of ‘decade of action’ UAE and international policymakers declare ahead of ADSW 2020
2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared today ahead of Abu Dhabi Sustainability Week (ADSW).
Published on: 06 JAN 2020
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Masdar launches ‘For A Sustainable Future’ campaign to celebrate 15 years as a global renewable energy leader
Masdar has launched the global brand campaign ‘For A Sustainable Future’ to reinforce the company’s leadership in renewable energy and sustainable technology, while highlighting the sustainable development goals of the United Arab Emirates.
Published on: 01 APR 2021
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Middle East’s largest wind farm marks key construction milestone with arrival of first turbines
The 400-megawatt (MW) Dumat Al Jandal utility-scale wind farm in Saudi Arabia that is being developed by a consortium led by EDF Renewables in partnership with Masdar, both global leaders in renewable energy, has marked a key construction milestone with the arrival of 20 wind turbines at Duba Port.
Published on: 29 JUL 2020
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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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Masdar City promoting wider industry adoption of sustainable urban development
Abu Dhabi, April 6, 2016 – Masdar City in Abu Dhabi, one of the world’s most sustainable urban developments, is helping the Middle East’s real estate industry to acquire valuable green building expertise as it continues to expand.
Published on: 05 APR 2016
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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.
Published on: 16 JAN 2013
