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Masdar Achieves Financial Close on Three Solar Projects in Uzbekistan
Financing for the projects is being provided by the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB). The Dutch Entrepreneurial Development Bank, FMO, and ILX are acting as B loan participants.
Published on: 06 APR 2023
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Masdar accelerates green hydrogen ambitions after joining forces with UAE energy champions
Masdar is seeking to become one of the world’s leading players in the growing green hydrogen econpmy, one of the company’s executive directors told Energy Intelligence.
Published on: 09 JAN 2023
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Masdar Expands Presence in US with Completion of Acquisition of Big Beau Project Stake from EDF Renewables North America
Masdar, one of the world’s fastest-growing clean energy companies, has further expanded its presence in the United States’ renewables market after closing the acquisition of a 50 percent stake in a combined solar and battery storage project from EDF Renewables North America.
Published on: 12 APR 2023
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Global CCS Institute Opens First Regional Headquarters at Masdar City
Abu Dhabi, United Arab Emirates; 30th August 2022: Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, has announced the opening of the Global Carbon Capture and Storage (CCS) Institute’s first Middle East headquarters. The opening was attended by the Institute’s global CEO, Jarad Daniels, who was visiting the region as part of a five-day tour, accompanied by the Institute’s Head of the MENA Region, Dr Mohammed Abu Zahra, and General Manager of Client Engagement, Jeff Erikson.
Published on: 30 AUG 2022
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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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Masdar Signs Agreement with Tanzania’s TANESCO to Develop 2 GW Renewable Energy Capacity
Masdar, one of the world’s leading renewable energy companies, announced that it has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) related to the development of renewable energy projects with a total capacity of up to 2 gigawatts (GW).
Published on: 05 AUG 2022
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Masdar to Support Côte d'Ivoire’s Clean Energy Goals with Development of Solar Power Plant
Masdar, one of the world’s leading clean energy companies, has signed an agreement with the Ministry of Mining, Petroleum and Energy for the Republic of Côte d'Ivoire to explore the development of a solar power plant with a capacity of up to 70 megawatts (MW).
Published on: 10 MAR 2023
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Masdar Achieves Financial Close on Landmark 230 MW Garadagh Solar PV Plant in Azerbaijan
Abu Dhabi, United Arab Emirates; August 02, 2022: Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved financial close for its 230-megawatt (MW) Garadagh Solar Photovoltaic (PV) Plant in Azerbaijan – the nation’s first foreign investment-based independent solar power project, and Masdar’s first project in the country.
Published on: 02 AUG 2022
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Masdar wraps up successful week at WETEX 2019
As a strategic sponsor of WETEX 2019, Masdar was honoured to play a key role in one of the region’s largest sustainability and technology exhibitions this year.
Published on: 24 OCT 2019
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Largest solar park in Jordan achieves remarkable safety milestone
Baynouna Solar Park, Jordan’s largest solar energy project, has celebrated an important safety, health and environment (SH&E) milestone, achieving 1 million safe hours without a lost time incident (LTI).
Published on: 26 DEC 2019
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Jordan’s Prince Hamzah Hospital deploys sustainable lighting solutions under 20by2020 initiative
As part of the UAE humanitarian initiative, ‘20by2020’, the Zayed Sustainability Prize announced that Prince Hamzah Hospital in the Jordanian capital Amman has deployed sustainable lighting solutions. The hospital is currently treating the largest number of COVID-19 patients in the country.
Published on: 26 MAY 2020
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Masdar announces Ecothon Plus competition winner
Masdar, one of the world’s leading renewable energy companies, has today announced “The Improvers” as the winning team of its Ecothon Plus competition, which is held under its Future Sustainability Leaders programme.
Published on: 25 DEC 2019
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Masdar CEO visits Dumat Al Jandal wind farm project site
Masdar CEO Mohamed Jameel Al Ramahi led a delegation to Saudi Arabia earlier this month, where they met with HRH Prince Faisal bin Nawaf bin Abdul Aziz, Governor of Al-Jouf, and visited the site of the Dumat Al Jandal wind farm project.
Published on: 18 DEC 2019
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UAE’s solar power output set to receive boost from clearer skies during coronavirus crisis
The dramatic drops in air pollution caused by restrictions imposed due to the COVID-19 pandemic could help boost the UAE’s solar power generation, with a number of countries in Europe having already posted record outputs.
Published on: 25 MAY 2020
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Collaborating for sustainable solutions
Realised through the collaborative efforts and synergy of Masdar’s Energy Services unit, Mubadala and Khazna, the Khazna Solar Car Park project has been energized.
Published on: 11 DEC 2019
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2020 marks start of ‘decade of action’ UAE and international policymakers declare ahead of ADSW 2020
2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared today ahead of Abu Dhabi Sustainability Week (ADSW).
Published on: 06 JAN 2020
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ADQ Launches AED1.1billion fund to help start-ups establish headquarters in Masdar City
ADQ, one of the region’s largest holding companies with a diverse portfolio spanning key sectors of Abu Dhabi’s non-oil economy, has launched an AED1.1billion venture fund that will help early-stage businesses set up global or regional headquarters in Masdar City.
Published on: 20 MAY 2020
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Masdar and EDF Renewables agree to partner in eight renewable energy projects in United States
Masdar has announced its second strategic investment in the United States (US) in a deal with EDF Renewables North America that will see it acquire a 50 percent stake in a 1.6-gigawatt (GW) clean-energy portfolio.
Published on: 13 AUG 2020
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CovHack Virtual Innovation Challenge launched to help build resilience in food supply chains
Innovate4Good (I4G), an impact start-up platform, is inviting start-ups, entrepreneurs and other change makers from the MENA region and beyond to register for the CovHack Virtual Innovation Challenge. Running under the theme ‘Circular Economy for Food,’ the challenge aims to discover innovative ways of building resilience in local and global food supply chains in a post COVID-19 world.
Published on: 25 MAY 2020
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Masdar City wins prestigious industry award
Masdar City was recognised as part of the “Building the Future—The Top Real Estate companies in the Middle East 2019 awards organised by Forbes ME, receiving the Best Sustainable Developer Award”, for our pioneering contribution to the sustainable development market. The award was accepted by Yousef Baselaib, Executive Director, Sustainable Real Estate.
Published on: 20 NOV 2019
