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Masdar joint venture reaches financial close and starts construction on Indonesia’s first utility-scale floating solar power plant
Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, announced today that financial close has been achieved on the Cirata Floating Photovoltaic Power Plant project and construction work has begun.
Published on: 03 AUG 2021
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The WiSER Pioneers panel at Middle East Energy explores the role of young women in the energy sector
The importance of providing support to attract more young women into the energy sector was highlighted during a webinar hosted by Masdar’s outreach platform, WiSER (Women in Sustainability, Environment and Renewable Energy), at the Middle East Energy conference in Dubai.
Published on: 22 JUN 2021
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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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The Catalyst Accelerating Sustainable Innovation
Relaunched in 2018 to encourage and stimulate entrepreneurship, The Catalyst is the region’s first sustainability-focused ‘start-up accelerator’. Based in the Masdar City Free Zone, The Catalyst is a joint venture between Masdar and BP aimed at accelerating start-ups through funding, training and mentorship.
Published on: 21 JUN 2021
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Masdar City strengthens position as regional home for innovation with arrival of Abu Dhabi’s Advanced Technology Research Council
Masdar, a global leader in sustainable innovation and development, has announced the arrival of Abu Dhabi high-tech sector drivers, the Advanced Technology Research Council (ATRC) and its two pillar entities, Technology Innovation Institute (TII) and ASPIRE, to Masdar City in the capital of the UAE.
Published on: 31 MAY 2021
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Abu Dhabi Securities Exchange (ADX) Welcomes the Secondary Green Bond Listing by Masdar
Abu Dhabi Securities Exchange (ADX) welcomed the secondary listing of a USD 750 million Green Bond by Abu Dhabi Future Energy Company (Masdar), the global clean energy powerhouse based in Abu Dhabi.
Published on: 10 OCT 2023
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WiSER Wisdom Series highlights role of women entrepreneurs in green economy
Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s outreach platforms, and the Arab International Women’s Forum (AIWF) hosted their first joint webinar event, with a session dedicated to ‘Women Entrepreneurs in the Green Economy.’
Published on: 02 MAY 2021
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Supporting Southeast Asia’s Clean Energy Transition
“At Masdar, we are invested in the clean energy future of communities around the whole world. I’m proud to work for a company that makes impactful contributions toward climate action. At the end of the day, climate change affects every single one of us and a borderless crisis requires collective action.”
Published on: 23 MAY 2021
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Miral and Emerge to Develop Solar Project on Yas Bay Waterfront
Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, has signed an agreement with Emerge, a joint venture between the UAE’s Masdar and France’s EDF, to develop a 524-kilowatt peak (kWp) solar photovoltaic (PV) project on Yas Bay Waterfront, Abu Dhabi’s vibrant day-to-night dining, entertainment and leisure destination located on Yas Island. The project is designed to offset 450 tonnes of CO2 emissions per year.
Published on: 17 OCT 2023
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Masdar makes first investment in Greece by developing solar plant with Taaleri Energia
Masdar, one of the world’s leading renewable energy companies, and Taaleri Energia, which invests in utility-scale wind and solar assets, have agreed to develop a 65-megawatt (MW) solar photovoltaic (PV) project in Greece. The project will be managed through the companies’ joint venture Masdar-Taaleri Generation (MTG).
Published on: 06 MAY 2021
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UAE and Egypt Advance Development of Africa's Biggest Wind Farm
The signing in Cairo was witnessed by Egyptian Prime Minister, HE Moustafa Madbouly, HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, HE Dr Mohamed Shaker El-Markabi, Minister for Electricity and Renewable Energy, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, Nayer Fouad, Chief Executive Officer of Infinity Power, and Hassan and Amr Allam, Chief Executive Officers of Hassan Allam Holding.
Published on: 06 JUN 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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Emerge and Miral Celebrate Inauguration of Abu Dhabi’s Largest Rooftop Solar Project at Warner Bros. World™ Abu Dhabi
Emerge, a joint venture between Masdar and EDF, and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, have inaugurated the 7-megawatt peak (MWp) rooftop solar photovoltaic (PV) project at Warner Bros. World™ Abu Dhabi on Yas Island, making it the largest rooftop solar project in the UAE capital.
Published on: 14 MAR 2023
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Masdar and IFC Agree to Explore Ways to Advance Climate Action in Emerging Markets
The collaboration framework was signed by Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar and Mohamed Gouled, Vice President of Industries at IFC, on the side-lines of the World Government Summit 2023, taking place in Dubai this week. HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Masdar Chairman, witnessed the signing, along with Makhtar Diop, Managing Director of IFC.
Published on: 14 FEB 2023
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Masdar solar plant brings light to communities in Belize
Children can study with ease and residents can walk safely at night in rural Belize, thanks to renewable electricity generated by a UAE-funded Masdar project.
Published on: 05 JUN 2023
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Masdar film shows London Array’s impact on British coastal community
Masdar’s London Array, one of the world’s largest wind farms, has been helping to power half a million British homes, create jobs, and cut carbon emissions.
Published on: 03 JAN 2023
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Shams celebrates 10 years of powering change
Named after the sun, the Shams solar power project has been a shining light in renewable energy in the Middle East since 2013 and Masdar’s first utility-scale solar project in the region is now celebrating its 10th anniversary this week.
Published on: 16 MAR 2023
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Production of sustainable aviation fuel from solid waste
Masdar, ADNOC, bp, Tadweer (Abu Dhabi Waste Management Company) and Etihad Airways announced at Abu Dhabi Sustainability Week (ADSW) 2023 an agreement to conduct a joint feasibility study on exploring the production in the UAE of sustainable aviation fuel (SAF) and other products, such as renewable diesel and naphtha, using municipal solid waste (MSW) and renewable hydrogen.
Published on: 20 JAN 2023
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Masdar Makes Strategic Investment in One of the World’s Largest Geothermal Players, Growing Clean Energy Portfolio
Masdar, a global clean energy powerhouse, is entering the geothermal energy sector, through a strategic investment in Pertamina Geothermal Energy (PGE), one of the world’s largest geothermal players.
Published on: 24 FEB 2023
