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UAE Announces Four New Renewable Energy Projects in the Pacific under $50m Fund
The United Arab Emirates (UAE) today signed partnership agreements with four new Pacific island countries to deploy renewable energy projects under the US$50 million UAE-Pacific Partnership Fund. Grant funding is provided by the Abu Dhabi Fund for Development (ADFD), with the UAE Ministry of Foreign Affairs managing the initiative and Masdar, Abu Dhabi’s renewable energy company, leading implementation. The solar-powered projects – in the Marshall Islands, Nauru, Palau, and the Solomon Islands – are expected to be completed in 2016. The announcement brings the total number of projects under the fund to date to 10.
Published on: 16 JAN 2015
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Mohammad bin Rashed, Mohammad bin Zayed and Egypt’s President Sisi Award ZFEP 2015 Winners
His Highness Sheikh Mohamed bin Rashed al Maktoum, Vice-President and Prime Minister of the UAE, Ruler of Dubai, His Excellency Abdulfattah El Sisi, President of the Republic of Egypt and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces, Awarded the 7th Zayed Future Energy Prize winners at an awards ceremony today during the opening of the Abu Dhabi Sustainability Week.
Published on: 18 JAN 2015
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CEO Stresses the Commercial Viability of Renewable Energy
Dr. Ahmad Belhoul, Masdar CEO, today delivered the keynote speech at the opening ceremony of the eighth World Future Energy Summit (WFES), a key event as part of Abu Dhabi Sustainability Week. During the keynote, Dr. Belhoul stressed the need to accelerate the adoption of renewable energy as a commercially viable technology to meet the world’s rising demand for electricity.
Published on: 19 JAN 2015
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Bid success for Noor Midelt Phase 1 hybrid solar power plant in Morocco
The Moroccan Agency for Sustainable Energy (MASEN) has announced that the consortium of EDF Renewables, Masdar, and Green of Africa has been awarded the tender for the design, financing, construction, operation and maintenance of the Noor Midelt Phase 1 multi-technologies solar power plant.
Published on: 23 MAY 2019
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Masdar Announces Winner of Second International Blogging Contest
Masdar, Abu Dhabi’s renewable energy company, today announced the winner of its annual Engage Blogging Contest. Masdar initiated the competition to drive international discussion about the role cities can have on sustainable development across the world. The contest received 117 entries from six continents and motivated thousands of readers to share their ideas about sustainability across Masdar’s web site, blogs and social media platforms in advance of Abu Dhabi Sustainability Week (ADSW), the largest gathering on sustainability in the Middle East.
Published on: 12 JAN 2014
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GE Unveils Ecomagination Center in Masdar City
GE today unveiled its ecomagination Center in Masdar City to develop innovative solutions for driving sustainable growth. Masdar City, located in Abu Dhabi, UAE is one of the world’s most sustainable cities and is on a mission to discover a “greenprint” for how cities can accommodate for denser populations, while reducing energy, water and waste.
Published on: 14 JAN 2014
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Sustainability Festival Attracts Thousands to Masdar City
The Festival at Masdar City – a two-day celebration of sustainability for the whole family, attracted thousands of UAE residents to Abu Dhabi’s low-carbon urban development today. The event, which ends tomorrow, forms part of this year’s Abu Dhabi Sustainability Week – a week-long series of events and conferences dedicated to advancing sustainability.
Published on: 23 JAN 2014
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Masdar Launches Wind Farm in Republic of Seychelles
Seychelles currently relies on expensive diesel generators to meet its electricity demand. With fuel accounting for 25 percent of the country’s total net imports, Seychelles is committed to diversifying its energy mix and reducing its reliance on fuel imports. Being an island country, with limited options to produce electricity, wind power generation presents a viable solution to meet a national target of 15 percent energy from renewable sources by 2030.
Published on: 16 JUN 2013
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Abu Dhabi Prepares for the Arrival of Solar Impulse 2
Solar Impulse representatives have arrived in Abu Dhabi to meet with local authorities in beginning preparation for the plane’s arrival in January. With the historic flight scheduled to take off from Abu Dhabi next March, pilots of the Solar Impulse 2 (Si2) will conduct test flights and perform fine-tuning exercises this January, in preparation for the five month journey. The plane, and its two co-founders, will attempt to fly around the world – without a drop of fuel – only using the power of the sun.
Published on: 24 OCT 2014
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THE PETROLEUM INSTITUTE LAUNCHES UAE TEAM’S ABU DHABI SOLAR CHALLENGE CAR
The Petroleum Institute (PI) today launched the solar-powered car that will represent the United Arab Emirates (UAE) in the inaugural Abu Dhabi Solar Challenge, January 15-19, sponsored by ADNOC and hosted by Masdar. The super-sleek, high-tech vehicle will compete against 20 international teams in a multi-day, timed road competition across 1,200 kilometres of the emirate of Abu Dhabi.
Published on: 10 DEC 2014
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German Vice Chancellor Sigmar Gabriel Visits Masdar
Sigmar Gabriel, German vice chancellor and minister for economic affairs and energy, and a delegation of senior officials yesterday visited Masdar. The delegation also toured Masdar City, one of the world’s most sustainable urban developments, and the Masdar Institute of Science and Technology in a visit that underscores the alignment between the UAE and Germany on the importance of developing and adopting clean technology and renewable energy.
Published on: 09 MAR 2015
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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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Masdar and Red Crescent Sign Agreement to Provide Humanitarian Assistance with Renewable Energy
Masdar and the UAE Red Crescent Authority yesterday signed a framework agreement to develop renewable energy solutions that will provide humanitarian relief to people across the world who lack basic services, such as electricity and water. The ultimate goal of the agreement is to provide for the development, building and commissioning of several renewable energy projects, along with associated applications such as solar home systems, solar water pumping systems and solar desalination. The agreement also provides for Masdar to be appointed as the exclusive “Program Management Consultant” for renewable energy projects that will be deployed to regions where the Red Crescent already provides other forms of humanitarian assistance.
Published on: 30 JUN 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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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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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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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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Ethiopian Prime Minister Dr Abiy Ahmed Visits Masdar City
His Excellency Dr Abiy Ahmed, Prime Minister of Ethiopia, visited Masdar City in Abu Dhabi on Saturday. He was received by a delegation led by HE Dr Sultan Al Jaber, Minister of State and Chairman of Masdar (Abu Dhabi Future Energy Company); Mohamed Jameel Al Ramahi, CEO of Masdar; Yousef Baselaib, Masdar’s Executive Director for Sustainable Real Estate; and Bader Al Lamki, Masdar’s Executive Director for Clean Energy.
Published on: 19 MAY 2018
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Masdar City - A template for sustainable urban development
The development of Masdar City as a low-carbon solution to urban living reflects the significant investment the UAE is making in sustainable development, and its clear understanding of the valuable role cities play in driving global sustainability. By applying real-world solutions in energy and water efficiency, mobility and waste management, Masdar City offers practical solutions not blue-sky thinking.
Published on: 18 JUN 2019
