Masdar Green REIT signs green financing commitment with First Abu Dhabi Bank for growth of its portfolio

Masdar City, Masdar’s pioneering sustainable urban development in Abu Dhabi, through its Masdar Green Real Estate Investment Trust (REIT), has signed a financing commitment in the amount of USD$200,000,000, with First Abu Dhabi Bank (FAB) relating to financing of the REIT portfolio to facilitate further acquisitions and portfolio growth. FAB will act as sole mandated lead arranger and bookrunner, green loan coordinator, agent, security agent and account bank for this transaction.

Join Masdar’s Y4S platform for summer sustainability workshops for youth

Masdar’s Youth 4 Sustainability strategic initiative is participating in workshop programs led by the UAE’s Ministry of Education and Ministry of Culture and Youth and Abu Dhabi’s Department of Education and Knowledge.

Masdar acquires 40% stake in Australian waste-to-energy facility

Masdar has made its first investment in Australia after acquiring a 40 per cent stake in the country’s second utility-scale waste-to-energy (WTE) facility. Masdar made the announcement during Abu Dhabi Sustainability Week (ADSW) 2020.

Masdar and PT PJBI form joint venture to drive development of Indonesia’s first floating solar power plant

Masdar and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project.

Abu Dhabi Sustainability Week returns in January 2022 to advance global sustainability agenda

Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, will be held from January 15 to 19, 2022.

Y4S launches new climate debate series

Youth 4 Sustainability (Y4S) has launched a new monthly debate platform on climate change called Y4S Climate Talk.

Masdar welcomes new policy to ban single-use plastics in Abu Dhabi

Masdar has welcomed the decision by the Environment Agency – Abu Dhabi (EAD) to ban the use of single-use plastic in Abu Dhabi by 2021.

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.

Growth of renewables in the Middle East in the spotlight at Milken Institute summit

Masdar’s Chief Financial Officer, Niall Hannigan, joined more than 1,000 global thought leaders, government officials and business leaders at the recent Milken Institute’s 2020 Middle East and Africa Summit in Abu Dhabi.

Masdar driving alternative energy development, CEO tells Wired

Masdar has helped to make clean energy as competitive as conventional power sources, and is pioneering new technologies, including hydrogen and battery storage, Chief Executive Officer Mohamed Jameel Al Ramahi told Wired.

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.

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.

Youth 4 Sustainability workshop explores the power of Artificial Intelligence

Artificial Intelligence will provide job opportunities and help people rather than compete with them, participants of a Youth 4 Sustainability (Y4S) workshop heard last week. The workshop, hosted by Y4S, one of Masdar’s strategic initiatives, explored the concept of Artificial Intelligence (AI), how the UAE is applying the technology and applications of AI in future employment.

Retrofitting existing buildings: a crucial step to net zero

A report by The Intergovernmental Panel on Climate Change (IPCC) last year highlighted that drastic and far reaching action is necessary to limit global temperature rise to 1.5 degrees Celsius – a threshold to avoid the worst impacts of climate change.

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.

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.

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.

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.

She means business: WISER Pioneers Workshop

WiSER is a platform that aims to mentor, empower and inspire women to be catalysts of change, industry leaders and drivers of commercial solutions.

WiSER white paper highlights impact of artificial intelligence on gender parity in sustainability sector