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Partnerships can help sovereign funds operate as climate-aligned investors
Sovereign wealth funds can leverage partnerships to help them bridge “capability gaps” and operate more effectively as climate-aligned investors, according to a new report from the Organisation for Economic Cooperation and Development (OECD) Development Centre. The report cites Mubadala Investment Company’s Masdar as an example of a company that has made partnerships a “core component” of its investment strategy.
Published on: 22 JUL 2020
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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.
Published on: 08 NOV 2020
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Second Masdar Talks explores pioneering Shams project
Shams, one of the world’s largest concentrated solar power plants, remains a pillar of the UAE’s clean energy strategy, attendees of the second edition of the Masdar Talks Instagram Live series heard earlier today.
Published on: 15 OCT 2020
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Empowering young women to become sustainability leaders
The Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s strategic outreach platforms, is proud to announce that the WiSER Pioneers Program is now accepting applications for its 2021 cohort.
Published on: 25 NOV 2020
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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.
Published on: 16 SEP 2020
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UAE and partners to build resilient green power system for hurricane-ravaged Barbuda
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has announced a partnership with the Government of Antigua and Barbuda’s Ministry of Public Utilities, Civil Aviation, Transport and Energy, the CARICOM Development Fund (CDF) and the New Zealand Ministry of Foreign Affairs and Trade (NZMFAT) to restore power to Barbuda following the near-total destruction of the island after Hurricane Irma struck in September 2017.
Published on: 19 SEP 2019
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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.
Published on: 16 JAN 2020
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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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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.
Published on: 05 APR 2021
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WiSER Pioneers pledge to take action on findings of white paper
The Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s outreach programs, held an event for the WiSER Pioneers, during which the Pioneers responded to the ten key findings outlined in the white paper, “Artificial Intelligence + Gender Equality: A WiSER Perspective.”
Published on: 03 AUG 2020
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Agreement signed for new clean-tech pilot project at Masdar City
Swedish solar energy company Azelio has partnered with Abu Dhabi Future Energy Company (‘Masdar’) and Khalifa University of Science and Technology to run a pilot project evaluating new technology in power storage.
Published on: 12 SEP 2019
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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.
Published on: 24 SEP 2020
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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.
Published on: 14 JAN 2020
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Masdar acquires stake in Hero Future Energies of India
Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries.
Published on: 11 NOV 2019
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Masdar agrees to develop utility-scale solar power project in Azerbaijan
Masdar has signed agreements to develop a utility-scale solar photovoltaic (PV) project in the Republic of Azerbaijan. The 230-megawatt (MWac) project is the country’s first foreign investment-based independent solar project structured as a public-private partnership.
Published on: 15 APR 2021
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Masdar signs MoU promoting education of youth
Masdar, a global leader in sustainability, and the Abdulla Al Ghurair Foundation for Education (AGFE), a leading private philanthropic organisation focused on education, have signed a Memorandum of Understanding (MoU) to collaborate on using their respective youth platforms to advance the development of young people in the UAE.
Published on: 26 APR 2020
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Masdar and First Abu Dhabi Bank complete landmark energy and water-saving project for Future Rehabilitation Centre
Masdar and First Abu Dhabi Bank (FAB) are celebrating the completion of an energy and water-saving retrofit project for an Abu Dhabi-based school for people of determination.
Published on: 09 NOV 2020
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Masdar and PLN enter partnership to develop first floating solar power plant in Indonesia
Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country.
Published on: 15 JAN 2020
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Masdar participates in 10th annual World Urban Forum
The World Urban Forum (WUF), a landmark international gathering that focuses on the future of urbanisation, recently held its 10th session in Abu Dhabi.
Published on: 19 FEB 2020
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Renewables Account for 72% of Global Power Expansion in 2019: IRENA
Renewable power accounted for almost three quarters, 72 per cent, of global power expansion last year, according to data from the International Renewable Energy Agency (IRENA). Solar and wind contributed 90 per cent of the renewable capacity added in 2019.
Published on: 07 APR 2020