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Masdar Invests In Offshore Wind Farm; Expanding Its Presence In The UK Wind Energy Market
Today, Masdar announced its partnership with Norway’s Statoil and Statkraft in a 402 MW offshore wind farm project, off the Norfolk coast in Eastern England. Masdar acquired a 35 percent stake in the project from Statoil. This leaves Statoil retaining a 35 percent stake and remaining operator of the project, with the remaining 30 percent owned by Statkraft.
Published on: 22 SEP 2014
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Abu Dhabi Named Host City For The First Round-The-World Solar Flight By Solar Impulse 2
Abu Dhabi, capital city of the United Arab Emirates (UAE), will be the start and finish of the first solar-powered flight around the world, which co-founders and pilots, Bertrand Piccard and André Borschberg are planning to undertake in March 2015 with Solar Impulse 2.
Published on: 28 SEP 2014
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Investments in Clean Energy Can Play Critical Role in Driving Economic Growth in Western Region
Abu Dhabi, UAE – 18 May, 2014: Investments in clean energy can play a critical role in driving economic growth in Abu Dhabi’s Western Region, home to Masdar’sShams 1 concentrated solar plant, according to Yousif Al Ali, General Managerof the Shams Power Company.
Published on: 20 MAY 2014
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A High-level Delegation Visits Shams 1 Solar Plant
Ambassadors from 18 countries recently visited Shams 1 – a 100-megawatt solar-thermal project located in Abu Dhabi’s Western Region. The tour of Shams 1 was part of a broader visit to the region organized and hosted by the Ruler's Representative Court in the Western Region.
Published on: 21 DEC 2014
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Abu Dhabi Sustainability Week 2015 Kicks Off UAE’s ‘Year of Innovation’
Abu Dhabi Sustainability Week (ADSW) is the first major event of 2015 reinforcing the UAE’s ‘Year of Innovation’ – a federal initiative promoting innovation as a strategic pathway to strengthen the country’s economy and global competitiveness. The yearly platform, January 17-24, directly supports the federal innovation strategy by promoting technology and attracting investment in priority sectors, including renewable energy, transportation, water and education.
Published on: 11 JAN 2015
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German Vice Chancellor Sigmar Gabriel Visits Masdar
Sigmar Gabriel, German vice chancellor and minister for economic affairs and energy, and a delegation of senior officials yesterday visited Masdar. The delegation also toured Masdar City, one of the world’s most sustainable urban developments, and the Masdar Institute of Science and Technology in a visit that underscores the alignment between the UAE and Germany on the importance of developing and adopting clean technology and renewable energy.
Published on: 09 MAR 2015
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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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Abu Dhabi Solar Challenge Launched
The Abu Dhabi Solar Challenge (ADSC), the first ever solar car competition to take place in the United Arab Emirates (UAE), was announced today. Navigating the entire country, the 1,200km ADSC will start and finish in Abu Dhabi and take place from the 16-19 January, 2015. The race will coincide with Abu Dhabi Sustainability Week and end at the opening ceremony of the World Future Energy Summit.
Published on: 05 MAY 2014
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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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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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The EDF Renewables-Masdar consortium awarded the Dumat Al Jandal (400 MW) wind project in Saudi Arabia
Paris, January 10th 2019 – The consortium consisting of EDF Renewables and Masdar (Abu Dhabi Future Energy Company PJSC), both global leaders in renewable energy, is announcing that it has won the tender for the Dumat Al Jandal wind farm.
Published on: 10 JAN 2019
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The Festival at Masdar City to bring Abu Dhabi Sustainability Week 2019 to a close
The Festival is returning to Masdar City for a two-day family celebration, bringing to a close the latest edition of Abu Dhabi Sustainability Week. The fun-packed weekend, which will be hosted on Friday, 18 and Saturday, 19 January at Masdar City, will bring the public to learn about sustainability and how to make more environmentally-conscious decisions.
Published on: 12 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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Masdar partners with UAE Office for Food Security
The UAE Office for Future Food Security and Masdar have announced a strategic partnership to enhance food security in the UAE. The collaboration aims to address future challenges by developing joint initiatives that enhance the country's capacity and competitiveness in critical sectors related to future food security.
Published on: 29 JUL 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 joint venture Hywind Scotland exceeds operational milestones in first three months
Abu Dhabi, UAE, February 15, 2018: As the UAE celebrates Innovation Month in February, the developers of Hywind Scotland, the world’s first commercial-scale floating wind farm, have reported better than expected results in the first three months of the project’s operations, with cutting-edge technology playing an important role.
Published on: 14 FEB 2018
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Masdar City marks Chinese New Year
The Masdar City podium will be filled with festive decorations as visitors enjoy dragon-puppet-making, lantern-making and more. Masdar City visitors are also invited to decorate a new-year-themed Wishing Tree. According to Chinese tradition, all their wishes will be granted!
Published on: 17 FEB 2018
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Building on a legacy: Introducing the Zayed Sustainability Prize
The Zayed Future Energy Prize will today become the Zayed Sustainability Prize as part of a strategic move to refocus its mandate. After ten years of successfully promoting renewable energy initiatives across the globe, the Prize will now broaden its focus to affect greater humanitarian impact by supporting a wider range of solutions to the challenges of sustainable development.
Published on: 16 APR 2018
