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  • Masdar to Acquire Saeta from Brookfield for $1.4 Billion

    Abu Dhabi Future Energy Company PJSC - Masdar (“Masdar”), the UAE’s clean energy powerhouse, today announced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“Brookfield”), for an implied enterprise value of c. US$1.4 billion (€1.2 billion). Closing of the transaction is subject to customary approvals and is expected to occur around the end of 2024.

    Published on: 24 SEP 2024

  • Etihad Rail and Emerge Sign Landmark Solar Power Deal at Global Rail 2024

    Etihad Rail, the developer and operator of the UAE National Rail Network, signed a landmark agreement with Emerge, a joint venture between Abu Dhabi Future Energy Company PJSC - Masdar and EDF Group to solarize the railway network’s freight terminal in Ghuweifat. The total installed capacity is comprised of a 600 kWp ground-mounted solar PV system in addition to a 2.56 MWh battery energy storage system (BESS), and upon completion is expected to generate up to 85% of the terminal's electricity consumption.

    Published on: 11 OCT 2024

  • Masdar and EMSTEEL Announce Successful Pilot Project Using Green Hydrogen to Produce Green Steel

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and EMSTEEL, the UAE’s largest publicly listed steel and building materials company, have announced the successful completion of a pilot project demonstrating the use of green hydrogen to produce green steel.

    Published on: 28 OCT 2024

  • 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

  • Masdar Arlington Energy breaks ground on two UK sites as part of £1 Billion Battery Energy Storage System Investment

    Masdar Arlington Energy, a subsidiary of Abu Dhabi Future Energy Company PJSC – Masdar, has broken ground at the sites of two new battery energy storage system (BESS) projects in the UK.

    Published on: 27 FEB 2024

  • Masdar finalizes joint investment in 3GW UK Offshore Wind Project

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 percent shareholding in the 3 gigawatt (GW) Dogger Bank South (DBS) project – one of the world’s largest planned offshore wind farms.

    Published on: 29 FEB 2024

  • Masdar Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe

    Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and received all regulatory approvals. The deal, agreed at a price of 20 euros per share, valued TERNA ENERGY at an enterprise value of 3.2bn euros, representing the largest ever energy transaction on the Athens Stock Exchange, and one of the largest in the EU renewables industry.

    Published on: 28 NOV 2024

  • Masdar and SOCAR Green Achieve Financial Close for 760MW of Solar Projects in Azerbaijan

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, have reached financial close for the 445MW Bilasuvar and 315MW Neftchala solar projects in Azerbaijan.

    Published on: 17 NOV 2024

  • Masdar and RWE advance 3GW Dogger Bank South offshore wind project seabed site investigations

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and RWE, a leading renewable energy company in Germany, have awarded global leading geo-data specialist,

    Published on: 26 APR 2024

  • Development consent granted for UK Dudgeon extension project

    Masdar together with its partners Equinor and China Resources Power has received consent from the UK Government to extend the 402MW Dudgeon offshore wind project.

    Published on: 20 APR 2024

  • Masdar set for leading role at World Future Energy Summit

    World Future Energy Summit is the world’s leading business event for future energy, clean technology and sustainability, with a packed program of events, activations, discussions and forums.

    Published on: 03 APR 2024

  • Masdar and EGA form alliance to work together on aluminium decarbonisation and growth through renewables

    Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s largest clean energy companies, and Emirates Global Aluminium (EGA), the largest ‘premium aluminium’ producer in the world, agreed an alliance to work together on aluminium decarbonisation and low-carbon aluminium growth opportunities.

    Published on: 17 APR 2024

  • First wind turbine installed at Baltic Eagle offshore wind farm

    The first of a total of fifty wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse.

    Published on: 09 MAY 2024

  • Masdar to Develop 150MWac Solar Plant in Angola to Power 90,000 Homes and Boost Just Energy Transition

    Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has announced plans to develop a major 150 megawatt (MW) solar PV project in Angola to deliver renewable energy to 90,000 homes while creating hundreds of jobs, spurring economic growth and cutting carbon emissions.

    Published on: 02 DEC 2023

  • Fostering Sustainable Development through international cooperation between Greece and the UAE’s Masdar

    Today, at COP28's Greek pavilion, the Ministry of Environment and Energy of the Hellenic Republic and Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, signed a preliminary co-operation agreement consolidating Masdar’s commitment to sponsor green infrastructure projects on the picturesque Greek island of Poros aiming at its sustainable transformation, as part of “GR-Eco Islands” Initiative.

    Published on: 01 DEC 2023

  • Masdar’s Youth 4 Sustainability Announces COP28 Program to Empower Next Generation of Climate Leaders

    Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Youth 4 Sustainability (Y4S), a Masdar initiative, will host a dedicated program of youth-focused activities and events at COP28 in Expo City, Dubai, from November 30 to December 12. The Y4S program promotes meaningful, youth-led action on sustainable development and climate change, while amplifying the voices of future sustainability leaders.

    Published on: 04 DEC 2023

  • TotalEnergies and Masdar demonstrate Methanol-to-SAF pathway with successful test flight

    The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens all contributed to the successful flight.

    Published on: 06 DEC 2023

  • AD Ports Group and Masdar to Explore the Development of a Green Hydrogen Hub Within KEZAD

    AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry, and Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, have announced the signing of a Memorandum of Understanding (MoU) on the sidelines of the UN Climate Change Conference, COP28, in Dubai.

    Published on: 12 DEC 2023

  • Masdar Signs Joint Study Agreement for supply of green hydrogen to the Port of Amsterdam

    Masdar, one of the world’s leading clean energy companies, Port of Amsterdam, SkyNRG and Zenith Energy Terminals have signed a Joint Study Agreement (JSA) to assess the feasibility of a dedicated liquefied green hydrogen supply chain for Masdar-produced hydrogen to the port of Amsterdam.

    Published on: 06 DEC 2023

  • The President of Uzbekistan Witnesses Grid Connection of Masdar Projects Totalling 1.4GW of Clean Energy to the National Grid

    The President of the Republic of Uzbekistan, His Excellency Shavkat Mirziyoyev, witnessed the grid connection of renewable energy projects totaling 1.4 gigawatts (GW), developed by Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies.

    Published on: 28 DEC 2023

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