Masdar more than doubles clean energy capacity over 2 years generating enough electricity to power over 4 million homes

Masdar has released its 2020 Annual Sustainability Report that revealed it more than doubled its clean energy capacity over two years to generate enough electricity to power over four million homes. The capacity of the renewable energy projects that Masdar is a partner in has risen to over 10.7 GW in 2020 from 4 GW in 2019, with the company’s global operating clean energy portfolio displacing close to 6.5 million metric tons of CO2 annually.

Masdar participates in panel on gender equality in energy

Masdar’s Executive Director for Brand and Strategic Initiatives, Dr Lamya N Fawwaz, participated in a panel discussion titled “Equality in the Energy Sector,” at the Global Women’s Forum Dubai (GWFD) hosted by the Dubai Women Establishment.

Youth 4 Sustainability workshop explores the power of Artificial Intelligence

Artificial Intelligence will provide job opportunities and help people rather than compete with them, participants of a Youth 4 Sustainability (Y4S) workshop heard last week. The workshop, hosted by Y4S, one of Masdar’s strategic initiatives, explored the concept of Artificial Intelligence (AI), how the UAE is applying the technology and applications of AI in future employment.

Retrofitting existing buildings: a crucial step to net zero

A report by The Intergovernmental Panel on Climate Change (IPCC) last year highlighted that drastic and far reaching action is necessary to limit global temperature rise to 1.5 degrees Celsius – a threshold to avoid the worst impacts of climate change.

Sustainability Ambassadors programme hosts second Ecothon competition

The Sustainability Ambassadors programme, part of the Youth 4 Sustainability (Y4S) platform, hosted its second Ecothon competition of the year on February 12.

Shams celebrates 7 years of impact

Shams, one of the world’s largest concentrated solar power plants (CSP), celebrated its 7th anniversary on March 17.

She means business: WISER Pioneers Workshop

WiSER is a platform that aims to mentor, empower and inspire women to be catalysts of change, industry leaders and drivers of commercial solutions.

WiSER white paper highlights impact of artificial intelligence on gender parity in sustainability sector

Nature not rebounding quickly enough in COVID-19 pandemic, says HE Razan Khalifa Al Mubarak

While global measures to combat the COVID-19 pandemic have temporarily reduced air pollution and greenhouse gas emissions, they have also hampered efforts to prevent biodiversity loss, Her Excellency Razan Khalifa Al Mubarak said at a virtual event today. Recovery plans must not only facilitate an economic rebound, they must also deliver a biodiversity stimulus, she told employees at Masdar.

Ryse Energy moves to Masdar City to capture US$200 billion off-grid renewables opportunity

Ryse Energy, a global leader in renewable off-grid energy systems with over 4,000 installations across all seven continents, has moved to Masdar City, Abu Dhabi, to expand into new markets and capture the multi-billion dollar market opportunities represented in the off-grid energy space across the globe.

Solar and wind account for 67% of New Power Capacity Added Worldwide in 2019: BNEF

Solar and wind power accounted for over two-thirds of the 265GW of new capacity installed worldwide in 2019, up from less than a quarter of new build in 2010, according to data from BloombergNEF. Photovoltaics (PV) topped all other technologies in new-build terms, with a record 118 gigawatts constructed, and was the most popular technology deployed in a third of nations, the research company said.

UAE announces new development and funding agreements under US$50m Caribbean Renewable Energy Fund

The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and funding agreements for the Dominican Republic, Haiti, Guyana, Grenada, Saint Kitts and Nevis, Trinidad and Tobago, and Suriname.

UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, says Minister of Climate Change and Environment

The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier future,” His Excellency said.

Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, 122 youth graduate from Masdar’s Youth 4 Sustainability programs

Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, 122 youth have graduated from Masdar’s Youth 4 Sustainability (Y4S) platform Future Sustainability Leaders and Sustainability Ambassadors programs at a virtual ceremony.

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.

AIWF and WiSER sign MoU to drive female participation in sustainability

The London-based Arab International Women’s Forum (AIWF) and Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s outreach platforms, have signed a Memorandum of Understanding (MoU) that aims to inspire women of all ages to play a more active role in addressing global sustainability challenges and to give them better opportunities in science, technology, engineering and mathematics (STEM) disciplines.

Energy transition investment needs to double over next three years to deliver sustainable recovery: IRENA

Doubling global annual investment in the clean-energy transition over the next three years will support a sustainable recovery post-COVID-19 and create an additional 5.5 million jobs, the head of the International Renewable Energy Agency (IRENA) told Masdar employees at a company virtual event.

Masdar expands presence in Australia with investment in Maryvale Energy from Waste project

Masdar has made its second investment in Australia after joining the Maryvale Energy from Waste (EfW) project in the state of Victoria as an equity partner.

Masdar achieves first close on 1.6 GW clean energy portfolio in United States from EDF Renewables

Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt (GW) clean-energy portfolio of projects in the United States from EDF Renewables North America.

Masdar acquires 40% stake in Australian waste-to-energy facility

Masdar has made its first investment in Australia after acquiring a 40 per cent stake in the country’s second utility-scale waste-to-energy (WTE) facility. Masdar made the announcement during Abu Dhabi Sustainability Week (ADSW) 2020.