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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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Masdar Begins Delivery of Four New UAE Funded Solar Projects in Pacific Island Countries
Masdar today announced the construction kick-off for four new solar-power projects in the Pacific island countries of Kiribati, Fiji, Tuvalu and Vanuatu. Financed under the Abu Dhabi Fund for Development’s US$50 million UAE-Pacific Partnership Fund, the solar projects will collectively deliver 1.8 megawatts of clean energy and contribute to fuel savings worth US$2 million per year. Completion of the projects is expected by the second half of 2015.
Published on: 29 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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During Keynote Speech, Masdar Director Stresses the Importance of Collaboration and Co-Innovation
Mr. Al Lamki also provided a powerful narrative showcasing some of Masdar’s innovative projects as examples for how working together can result in tangible, meaningful progress. The keynote was delivered during the Powering Progress Together forum – an event co-hosted by Shell and the city of Rotterdam, Netherlands.
Published on: 18 MAY 2013
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Tony Blair addresses UAE-UK Hosted Climate Finance Roundtable in New York City
“The finance sector is an indispensable partner in the future success of clean energy,” said Mr. Tony Blair, former Prime Minister of the United Kingdom. “During the time that I have worked to advance solutions to climate change I have seen an important shift from high level policy discussions to practical solutions on the ground.” He pointed to the UAE as one of the leaders in this transition.
Published on: 26 SEP 2013
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Masdar Wins Three Emirates Energy Award Prizes
Masdar, Abu Dhabi’s renewable energy company, yesterday won three awards at the Dubai Supreme Council of Energy’s inaugural Emirates Energy Award ceremony. Masdar was recognized for its achievements in developing large-scale renewable energy projects, designing buildings with high levels of energy efficiency and cultivating young professionals in the clean-energy sector. The Emirates Energy Award recognizes and encourages best practices and leading initiatives in energy efficiency, alternative energy, sustainability and environmental protection.
Published on: 27 OCT 2013
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UAE’s first waste-to-energy project receives landmark award for first-of-its-kind financing loan
Bee’ah, the Middle East’s sustainability pioneer, and Masdar, the Abu Dhabi Future Energy Company, were recognized as the winners of the Structured Loan Deal of the Year Award at the Bonds, Loans & Sukuk Middle East Awards for their financing of the UAE’s first waste-to-energy project. The award was presented during a ceremony held on the 6th of November 2018, as part of the prestigious Project, ECA & Structured Finance Conference conducted in Dubai.
Published on: 10 NOV 2018
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HRH, the Duke of York opens Masdar Building at the University of Manchester
Abu Dhabi, United Arab Emirates; December 11, 2018 – Masdar, the Abu Dhabi Future Energy Company, has hailed the official opening of the Masdar Building, which houses The University of Manchester’s Graphene Engineering Innovation Centre (GEIC), as an important step forward in its commitment to advancing clean-tech innovation around the world.
Published on: 11 DEC 2018
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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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HH Sheikh Mohammed bin Rashid and HH Sheikh Mohammed bin Zayed attend Opening Ceremony of Abu Dhabi Sustainability Week 2019
His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, today welcomed global heads of state, local dignitaries and business leaders to Abu Dhabi Sustainability Week 2019.
Published on: 14 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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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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ADSW 2018 draws to a close after delivering on promise to “Drive the global energy transformation”
Abu Dhabi Sustainability Week (ADSW) 2018, hosted by Masdar, Abu Dhabi Future Energy Company, came to a successful conclusion on 20 January after further cementing its role as the world’s most inclusive sustainability gathering. The event brought together more than 38,000 attendees representing 175 countries, ranging from Heads of State and leaders of industry to students and local communities.
Published on: 21 JAN 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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Building on a legacy: Introducing the Zayed Sustainability Prize
The Zayed Future Energy Prize will today become the Zayed Sustainability Prize as part of a strategic move to refocus its mandate. After ten years of successfully promoting renewable energy initiatives across the globe, the Prize will now broaden its focus to affect greater humanitarian impact by supporting a wider range of solutions to the challenges of sustainable development.
Published on: 16 APR 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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UAE State of Energy Report 2019 Released
The UAE State of Energy Report 2019 was released on Wednesday with Masdar CEO Mohamed Jameel Al Ramahi discussing the key findings during a panel session at the launch event in Abu Dhabi, in the presence of HE Eng Suhail Mohammed Al Mazrouei, Minister of Energy & Industry.
Published on: 19 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
