Masdar City hosts European government delegations

Masdar City hosted two high-level government delegations on the same day this week, with representatives from the UK and Spain meeting with Masdar senior management, including Chief Executive Officer Mohamed Jameel Al Ramahi.

Masdar joins UK government leaders at Charging Infrastructure Investment Fund event

Masdar, one of the world’s leading sustainability investors and renewable energy developers, has today joined UK government leaders in London for a specialised industry event to discuss its recent investment in the Charging Infrastructure Investment Fund (CIIF).

Solar Impulse 2 Soars Over Gemasolar, Masdar’s Solar Thermal Plant in Seville

Shortly after taking off from Seville, Spain en route to Cairo, Egypt, Solar Impulse 2 flew directly over the Gemasolar Thermosolar Plant, a highly advanced facility run by Torresol Energy, a joint venture between Masdar and Sener. The 20-megawatt plant is the world’s first utility-scale solar power plant to combine a central tower receiver system and molten salt storage technology enabling electricity generation for 15 hours without solar irradiance electricity, thus guaranteeing a reliable energy supply 24 hours a day.

Dudgeon wind farm secures GBP1.3 billion project financing

London, UK, May 13, 2016: The developers of one of the world’s largest offshore wind farms announced the limited recourse financing for the project today, having reached financial close in six months. The GBP1.3 billion long-term financing will fund the capital requirements of the 402-megawatt (MW) Dudgeon Offshore Wind Farm, currently under construction 32 kilometres out to sea from the North Norfolk coast of East England.

ADEC agreement will drive knowledge economy efforts at Masdar City

Masdar signed a new Memorandum of Understanding (MoU) with the Abu Dhabi Education Council (ADEC) on April 12th 2016, to provide streamlined procedures for the establishment of schools and institutes of higher education at Masdar City.

Masdar Passes 10-Year Milestone

Today, Masdar employees and alumni gathered in Masdar City to mark ten years of achievement in advancing the clean energy industry in Abu Dhabi and around the world. Under the banner “Seizing the Next Decade,” participants were invited to reflect on Masdar’s significant and widespread impact to date and the promise of the next ten years, as part of an organisation defined by the spirit of partnership, collaboration and innovation.

Global Thought Leaders to Address How Innovation Can Accelerate Sustainable Development

Abu Dhabi Sustainability Week (ADSW) will bring together leading global experts – from academia, industry and government – to address how promoting innovation and cross-sector collaboration can accelerate solutions that tackle energy and water security, climate risk and sustainable development.

UAE Announces Four New Renewable Energy Projects in the Pacific under $50m Fund

The United Arab Emirates (UAE) today signed partnership agreements with four new Pacific island countries to deploy renewable energy projects under the US$50 million UAE-Pacific Partnership Fund. Grant funding is provided by the Abu Dhabi Fund for Development (ADFD), with the UAE Ministry of Foreign Affairs managing the initiative and Masdar, Abu Dhabi’s renewable energy company, leading implementation. The solar-powered projects – in the Marshall Islands, Nauru, Palau, and the Solomon Islands – are expected to be completed in 2016. The announcement brings the total number of projects under the fund to date to 10.

CEO Stresses the Commercial Viability of Renewable Energy

Dr. Ahmad Belhoul, Masdar CEO, today delivered the keynote speech at the opening ceremony of the eighth World Future Energy Summit (WFES), a key event as part of Abu Dhabi Sustainability Week. During the keynote, Dr. Belhoul stressed the need to accelerate the adoption of renewable energy as a commercially viable technology to meet the world’s rising demand for electricity.

Women in Sustainability Unite at Abu Dhabi Sustainability Week

‘Blue Economy Summit’ Highlights Importance of Marine Ecosystems in Achieving Global Sustainability

The ‘Blue Economy Summit’ was held today in Abu Dhabi to address the unique climate and sustainably challenges facing Small Island Developing States (SIDS) and marine ecosystems. With over 70 percent of the world’s surface covered by oceans, protecting the health of marine environments is fundamental to protecting the world’s interconnected economies and long-term sustainability.

Masdar agrees to acquire stakes in two US wind farms

Abu Dhabi, United Arab Emirates; January 15, 2019: The Abu Dhabi Future Energy Company (Masdar), has announced the execution of a share purchase agreement (SPA) to acquire John Laing Group plc’s (John Laing) interest in two wind farms in the United States, marking the first time the Abu Dhabi-based company has invested in renewable energy projects in North America.

Bid success for Noor Midelt Phase 1 hybrid solar power plant in Morocco

The Moroccan Agency for Sustainable Energy (MASEN) has announced that the consortium of EDF Renewables, Masdar, and Green of Africa has been awarded the tender for the design, financing, construction, operation and maintenance of the Noor Midelt Phase 1 multi-technologies solar power plant.

Overcoming the Barriers to Sustainable Building Design

Today, it is rare to meet a person or organisation that does not accept sustainable design as the way forward for building design. All facets of the construction industry support sustainable design and initially all new building projects embrace sustainability as one of their key attributes. Yet more often than not, the finished project has compromised sustainability. In many cases, the sustainability considerations have been discarded outright. Why is this the case?

Masdar Announces Winner of Second International Blogging Contest

Masdar, Abu Dhabi’s renewable energy company, today announced the winner of its annual Engage Blogging Contest. Masdar initiated the competition to drive international discussion about the role cities can have on sustainable development across the world. The contest received 117 entries from six continents and motivated thousands of readers to share their ideas about sustainability across Masdar’s web site, blogs and social media platforms in advance of Abu Dhabi Sustainability Week (ADSW), the largest gathering on sustainability in the Middle East.

GE Unveils Ecomagination Center in Masdar City

GE today unveiled its ecomagination Center in Masdar City to develop innovative solutions for driving sustainable growth. Masdar City, located in Abu Dhabi, UAE is one of the world’s most sustainable cities and is on a mission to discover a “greenprint” for how cities can accommodate for denser populations, while reducing energy, water and waste.

5 Pacific Countries to Receive Grants from UAE’s $50m Renewable Energy Fund

The United Arab Emirates today signed partnerships with five Pacific island countries to deploy renewable energy projects, financed from the US$50 million UAE-Pacific Partnership Fund. The solar and wind projects – in Fiji, Kiribati, Samoa, Tuvalu and Vanuatu – represent one of the largest capital investments in the region’s clean energy sector. With grant financing from Abu Dhabi Fund for Development (ADFD), project completion is expected in late 2014.

UAE and Denmark Cooperate to Advance Renewable Energy and Sustainability Globally

The United Arab Emirates and the Government of Denmark today signed a strategic framework agreement outlining nine areas of collaboration focused on advancing renewable energy and sustainability globally. The agreement was signed by H.E. Dr. Sultan Al Jaber, UAE minister of state and CEO of Masdar, and Rasmus Helveg Petersen, Danish minister of development cooperation. The signing ceremony was held in the presence of Frederik, Crown Prince of Denmark.

HRH Crown Prince of Denmark Visits Masdar Projects during Abu Dhabi Sustainability Week

HRH Crown Prince of Denmark today visited two of Masdar’s flagship projects including Masdar City, the low-carbon urban development, and Shams 1, the 100-megawatt concentrated solar power plant in Abu Dhabi. The Crown Prince was in the United Arab Emirates to participate in the Abu Dhabi Sustainability Week (ADSW) where Denmark yesterday signed a framework agreement with the UAE to explore and co-develop renewable energy projects.

Masdar Achieves Financial Close of London Array Project

Masdar Energy UK, a wholly owned subsidiary of Masdar, Abu Dhabi’s renewable energy company, today announced the completion of a 12 year limited-recourse project financing of up to £266 million for its stake in phase one of London Array. The landmark financing is the first time that a limited-recourse structure has been completed for an unincorporated joint venture within the renewable energy industry.