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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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Middle East’s First Commercial-Scale Carbon Capture Company Unveiled at ADIPEC
Abu Dhabi National Oil Company (ADNOC) and Masdar today unveiled “Al Reyadah” –the Middle East’s first specialized company focused on exploring and developing commercial-scale projects for carbon capture, usage and sequestration (CCUS).
Published on: 09 NOV 2014
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THE PETROLEUM INSTITUTE LAUNCHES UAE TEAM’S ABU DHABI SOLAR CHALLENGE CAR
The Petroleum Institute (PI) today launched the solar-powered car that will represent the United Arab Emirates (UAE) in the inaugural Abu Dhabi Solar Challenge, January 15-19, sponsored by ADNOC and hosted by Masdar. The super-sleek, high-tech vehicle will compete against 20 international teams in a multi-day, timed road competition across 1,200 kilometres of the emirate of Abu Dhabi.
Published on: 10 DEC 2014
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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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Masdar CEO Stresses Need for Securing Energy through Diversifying its Sources
The lecture explained the efforts the UAE is carrying out to diversify its energy mix through initiatives like Masdar, which is focusing on all necessary pillars of the value chain necessary to build a new sector, including research and development, investment, developing renewable energy projects and implementing the principles of sustainable development.
Published on: 13 MAY 2013
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Masdar and Red Crescent Sign Agreement to Provide Humanitarian Assistance with Renewable Energy
Masdar and the UAE Red Crescent Authority yesterday signed a framework agreement to develop renewable energy solutions that will provide humanitarian relief to people across the world who lack basic services, such as electricity and water. The ultimate goal of the agreement is to provide for the development, building and commissioning of several renewable energy projects, along with associated applications such as solar home systems, solar water pumping systems and solar desalination. The agreement also provides for Masdar to be appointed as the exclusive “Program Management Consultant” for renewable energy projects that will be deployed to regions where the Red Crescent already provides other forms of humanitarian assistance.
Published on: 30 JUN 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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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 Park reopens for the Abu Dhabi community
Masdar Park at Masdar City has reopened with even more family attractions, further enhancing the city’s image as a popular community destination. The expanded park, now double in size at 2,500 square metres, includes more F&B outlets, a children’s playground, music wall, sports facilities and design installations themed on sustainability.
Published on: 12 DEC 2017
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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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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 and Korea Energy Agency to explore renewable energy collaboration and investment
Masdar announced the signing of a memorandum of understanding (MoU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between the Republic of Korea and the United Arab Emirates (UAE).
Published on: 26 MAR 2018
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Masdar participates in Armenian Summit of Minds
Yousif Al Ali, Acting Executive Director, Clean Energy, and Yousef Baselaib, Executive Director, Sustainable Real Estate, represented Masdar during the Armenian Summit of Minds held this week in the town of Dilijan and hosted by Armenian President Armen Sarkissian.
Published on: 12 JUN 2019
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Masdar City - A template for sustainable urban development
The development of Masdar City as a low-carbon solution to urban living reflects the significant investment the UAE is making in sustainable development, and its clear understanding of the valuable role cities play in driving global sustainability. By applying real-world solutions in energy and water efficiency, mobility and waste management, Masdar City offers practical solutions not blue-sky thinking.
Published on: 18 JUN 2019
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Solar power – a primer
The energy that the Earth receives from the Sun in just one hour is equal to the total amount of energy consumed by humans in one year. Part of this energy can be converted into electricity by photovoltaic systems. The basic unit of these systems is the light-absorbing solar cell, also called a photovoltaic (PV) cell. Conventional solar cells contain a rigid semiconductor wafer made of crystalline silicon as the PV material, although other PV materials are now in use as well.
Published on: 26 JUN 2019
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Masdar Signs Cooperative Framework with Energias de Portugal
Masdar today signed a framework agreement with Energias De Portugal (EDP), Portugal’s largest utility company, to explore opportunities to deploy large-scale renewable energy projects and promote renewables as source of foreign aid. The agreement was signed by Jorge Cruz Morais, director-general of EDP Internacional and H.E Dr. Sultan Al Jaber, CEO of Masdar, during the seventh World Future Energy Summit, a global platform that addresses the future of renewable energy and sustainable development in the Middle East and the world.
Published on: 21 JAN 2014
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Competition to design sustainable mobility solutions serving Masdar City launched at ADSW 2017
Masdar, Abu Dhabi’s renewable energy company, is inviting selected industry specialists to develop the next phase of the driverless vehicle transit network serving Masdar City, Abu Dhabi’s flagship sustainable urban development.
Published on: 13 JAN 2017
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Three school teams from Al Gharbia win “Solar Oven Challenge”
The winning teams in a school contest to build an electric oven powered by solar energy received their trophies and cash prizes at Shams Solar Power Company in Madinat Zayed yesterday.
Published on: 15 JAN 2017
