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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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Reimagined Abu Dhabi Sustainability Week concludes with global commitment to deliver green recovery in 2021
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, concluded on Thursday with a resounding global commitment to deliver a green recovery in 2021. From January 18 to 21, ADSW took place in a reimagined virtual setting and attracted more than 100,000 views across its online platforms from 175 countries, reiterating its importance as the annual global sustainability event that sets the agenda for the year.
Published on: 26 JAN 2021
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Energy transition accelerating, Masdar CEO tells MEA Energy Week
The pace of transition to clean energy is accelerating, as cheaper prices for renewables helps to make emerging technologies like hydrogen more viable, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said on the opening day of MEA Energy Week, organized by Siemens Energy.
Published on: 19 OCT 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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The Festival to take place in Masdar City’s new Central Park
An expanded edition of The Festival will be held in Masdar City, bringing to a close Abu Dhabi Sustainability Week 2020 – the region’s largest event dedicated to sustainability.
Published on: 16 JAN 2020
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UAE’s 20by2020 Initiative Brings Life-Changing Water Solution to Thousands in Cambodian Villages
Thousands of people across three Cambodian villages can now live safer, healthier lives following the deployment of new water purifying technology as part of the Zayed Sustainability Prize’s UAE-driven humanitarian initiative, 20by2020.
Published on: 26 OCT 2020
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UAE’s Hope Probe Mission past midway point of journey to red planet
The Emirates Mars Mission Hope Probe has travelled over halfway to the red planet and has successfully completed the mid-flight testing of all of its equipment, Her Excellency Sarah Al Amiri, Minister of Advanced Technology and Chairperson of the UAE Space Agency said at a Masdar employee event today.
Published on: 25 OCT 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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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.
Published on: 20 MAY 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 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.
Published on: 21 OCT 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 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 Cepsa to establish joint venture to develop renewable energy projects in Spain and Portugal
Cepsa Masdar Renovables to focus on wind and solar photovoltaic (PV) energy projects in the Iberian Peninsula; aim is for an initial capacity of 500-600MW capacity
Published on: 15 JAN 2020
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Masdar and EDF Group conclude shareholder agreement to establish energy services company
Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and EDF Group, low-carbon electricity leader, have signed an agreement to establish a joint venture (JV) company dedicated to energy efficiency and distributed solar power generation projects.
Published on: 15 JAN 2020
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Masdar and EDF establish joint venture ESCO
Abu Dhabi Future Energy Company (Masdar), a subsidiary of Mubadala Investment Company, and French low-carbon electricity leader EDF have signed an agreement to establish a 50:50 joint venture energy services company (ESCO).
Published on: 11 SEP 2019
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Masdar highlights clean energy at ADIPEC
One of the largest gatherings of local and international petroleum companies, the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) is running from 11 to 14 November at the Abu Dhabi Exhibition Center.
Published on: 11 NOV 2019
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Masdar participates in webinar to promote UAE-China investment
Masdar has participated in the UAE-China Investment Opportunities Webinar, a virtual event organized by the UAE Embassy in Beijing, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), and the Abu Dhabi Investment Office (ADIO).
Published on: 20 AUG 2020
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Masdar ready to support clean energy deployment in ASEAN region
The cost competitiveness of clean energy is accelerating the transition to clean energy, Yousif Al Ali, Executive Director, Clean Energy, stated during a keynote speech at the virtual Asian Clean Energy Summit, which took place last week.
Published on: 04 NOV 2020
