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Masdar looks to future growth with award of milestone investment grade credit ratings
Moody’s Investor Services and Fitch Ratings have assigned Masdar first-time credit ratings that place it firmly in the investment grade category – a significant milestone for the company.
Published on: 27 SEP 2021
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Signature of an agreement to develop the largest solar plant to date in Sharjah
In an important step on the Emirate of Sharjah’s road to renewable energy, Sharjah National Oil Corporation (SNOC), the oil & gas industry executive arm of the Emirate, working under the auspices of the Petroleum Council of Sharjah, and Emerge, the joint venture between Masdar and EDF Group, have concluded a Solar Power Agreement, during ADIPEC’s business conferences.
Published on: 05 OCT 2023
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AQUOVUM, Khalifa University and Masdar launch world’s first solar/thermal energy storage-powered project to extract water from air at Masdar City
The world’s first project to produce commercial volumes of an uninterrupted water supply from a sustainable source, making it carbon free, will launch this month in Masdar City, Abu Dhabi. The innovative pilot project will be run by U.S.-based water technologies company, AQUOVUM, in partnership with Masdar and Khalifa University of Science and Technology, as part of a three-party research and development agreement.
Published on: 01 AUG 2021
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Masdar celebrates inauguration of landmark 100 MW Nur Navoi Solar project in Uzbekistan
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has inaugurated the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project.
Published on: 28 AUG 2021
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Masdar City attracts global and regional innovation giants amid focus on global green recovery from COVID-19
Masdar City, the sustainable urban development in the UAE’s capital, Abu Dhabi, is set to play a key role in the global green recovery from COVID-19 as it continues to add sustainability-focused innovation and technology companies. The number of companies in the City’s free zone increased 26 percent in 2020, indicating the important role of the City and its offerings to innovation-led companies, including G42 Healthcare, whose laboratories and testing centers were central to the UAE’s pandemic response.
Published on: 16 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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Abu Dhabi Airports and Masdar complete development of largest solar-powered car park in Abu Dhabi at Abu Dhabi International Airport
Abu Dhabi Airports, the owner and operator of the emirate’s five airports, and Masdar, one of the world’s leading renewable energy companies, have announced the completion of Abu Dhabi’s largest solar-powered car park.
Published on: 01 JUN 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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Beyond2020 Installs Lighting Solutions at the World’s Largest Refugee Camp in Bangladesh
Beyond2020, the UAE-driven humanitarian initiative has announced the deployment of critical solar energy lighting solutions at Kutupalong Rohingya refugee camp in Cox’s Bazar, Bangladesh, lighting up the lives of 4,500 residents. The deployment in Bangladesh, which aims to enhance security and create better conditions for social and community activities after dark, marks the second phase of ‘20by2020’, which recently rebranded to ‘Beyond2020’ to serve as a flagship platform for continuous global outreach.
Published on: 04 MAY 2021
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Global renewable capacity expansion soars 50
Global renewable energy capacity additions reached a record level last year, exceeding expansion in 2019 by almost 50 percent, according to date from the International Renewable Energy Agency (IRENA). Worldwide, more than 260 gigawatts of renewable capacity was added last, accounting for more than 80 percent of all electricity expansion, the agency’s annual Renewable Capacity Statistics 2021 report shows.
Published on: 29 APR 2021
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Fueling a sustainable future with hydrogen energy
Hydrogen (H) is the most abundant element in the universe, and the simplest and lightest. The energy industry has been seeking to tap it as source of power since at least 1842 when Welsh scientist William Robert Grove developed the first fuel cell, combining hydrogen and oxygen to produce electricity.
Published on: 23 MAY 2021
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Masdar signs 1GW Clean Energy Agreement in Azerbaijan following Presidential Inauguration of Garadagh Solar Park, Largest in the Region
Masdar signs 1GW Clean Energy Agreement in Azerbaijan following Presidential Inauguration of Garadagh Solar Park, Largest in the Region
Published on: 26 OCT 2023
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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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Why waste management is crucial for a sustainable future
The world’s population is hurrying towards the 10 billion mark by 2050. With two-thirds projected to live in cities by then, urbanization is a global phenomenon that is a leading factor contributing to municipal solid waste.
Published on: 23 MAY 2021
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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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Sharjah Waste to Energy plant achieves major milestones towards zero-waste, net-zero emissions in first year of operations
The Sharjah Waste to Energy plant, a first of its kind project in the Middle East, has achieved multiple landmark milestones since its inauguration a year ago. Tied to the Sharjah electrical grid, the plant has generated enough energy to power over 2,000 homes per year while offsetting 150,000 tons of CO2 emissions.
Published on: 10 MAY 2023
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Masdar Signs Agreement to Explore Exporting Green Hydrogen
Masdar, one of the world’s leading clean energy companies, Port of Amsterdam, SkyNRG, Evos Amsterdam and Zenith Energy have signed a memorandum of understanding (MoU) to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets.
Published on: 13 JAN 2023
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Masdar and IRENA to collaborate on setting a roadmap to triple global renewable energy capacity by 2030
During the UAE Climate Tech Forum in Abu Dhabi, Masdar and IRENA signed a Memorandum of Understanding (MoU) to collaborate on a project for COP28 that will outline global targets for renewable energy by 2030.
Published on: 10 MAY 2023
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Octopus Energy Group and Masdar sign agreement to manage UK battery storage
Global energy tech group Octopus Energy announced today it has signed a framework agreement with Masdar, one of the world’s leading clean energy companies, to license Octopus’ groundbreaking technology platform Kraken. Masdar will use Kraken to flexibly manage its battery storage portfolio in the UK.
Published on: 09 MAY 2023