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Masdar agrees to acquire stakes in two US wind farms
Abu Dhabi, United Arab Emirates; January 15, 2019: The Abu Dhabi Future Energy Company (Masdar), has announced the execution of a share purchase agreement (SPA) to acquire John Laing Group plc’s (John Laing) interest in two wind farms in the United States, marking the first time the Abu Dhabi-based company has invested in renewable energy projects in North America.
Published on: 15 JAN 2019
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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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Second Edition of Abu Dhabi Sustainability Week Kicks Off
The second edition of Abu Dhabi Sustainability Week (ADSW) gets underway today, welcoming global leaders to the UAE capital for a week of high-level dialogue to address the interconnected challenges affecting renewable energy, water scarcity and sustainable development. Taking place January 18-25, ADSW is the Middle East’s largest gathering on sustainability.
Published on: 18 JAN 2014
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5 Pacific Countries to Receive Grants from UAE’s $50m Renewable Energy Fund
The United Arab Emirates today signed partnerships with five Pacific island countries to deploy renewable energy projects, financed from the US$50 million UAE-Pacific Partnership Fund. The solar and wind projects – in Fiji, Kiribati, Samoa, Tuvalu and Vanuatu – represent one of the largest capital investments in the region’s clean energy sector. With grant financing from Abu Dhabi Fund for Development (ADFD), project completion is expected in late 2014.
Published on: 19 JAN 2014
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HRH Crown Prince of Denmark Visits Masdar Projects during Abu Dhabi Sustainability Week
HRH Crown Prince of Denmark today visited two of Masdar’s flagship projects including Masdar City, the low-carbon urban development, and Shams 1, the 100-megawatt concentrated solar power plant in Abu Dhabi. The Crown Prince was in the United Arab Emirates to participate in the Abu Dhabi Sustainability Week (ADSW) where Denmark yesterday signed a framework agreement with the UAE to explore and co-develop renewable energy projects.
Published on: 20 JAN 2014
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Indian Ocean Rim Countries Launch Partnership to Accelerate Growth of Renewable Energy Markets
Ministers and senior officials from 25 Indian Ocean Rim Association countries today launched a series of new initiatives to accelerate the deployment of renewable energy throughout the Indian Ocean region.
Published on: 20 JAN 2014
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Turbine installation complete at London Array
With all turbines in place and 55 connected and supplying power to the national grid, the wind farm is on track to be fully operational in Spring 2013. The wind farm has been generating energy since October 2012 when the first turbine began producing power.
Published on: 15 DEC 2012
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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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Zayed Future Energy Prize Jury Members Visit Masdar’s Shams 1 Solar Power Station
The largest CSP plant in the Middle East and North Africa when commissioned later this year, Shams 1 will offset nearly 175,000 tonnes of carbon dioxide each year, which is equivalent to planting 1.5 million trees or taking 15,000 cars off the road.
Published on: 23 OCT 2012
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Construction Begins on Masdar and International Renewable Energy Agency Headquarters Complex
Masdar today announced the awarding of the design and construction contract for its new headquarters complex, which will also house the International Renewable Energy Agency (IRENA). The headquarters will be one of the most advanced, sustainable multi-use complexes in the United Arab Emirates. It will be the cornerstone of Masdar City – the special economic zone, clean-technology cluster and low-carbon city in Abu Dhabi. Completion is set for summer of 2014.
Published on: 20 OCT 2012
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Abu Dhabi Named Host City For The First Round-The-World Solar Flight By Solar Impulse 2
Abu Dhabi, capital city of the United Arab Emirates (UAE), will be the start and finish of the first solar-powered flight around the world, which co-founders and pilots, Bertrand Piccard and André Borschberg are planning to undertake in March 2015 with Solar Impulse 2.
Published on: 28 SEP 2014
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Middle East’s First Commercial-Scale Carbon Capture Company Unveiled at ADIPEC
Abu Dhabi National Oil Company (ADNOC) and Masdar today unveiled “Al Reyadah” –the Middle East’s first specialized company focused on exploring and developing commercial-scale projects for carbon capture, usage and sequestration (CCUS).
Published on: 09 NOV 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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A High-level Delegation Visits Shams 1 Solar Plant
Ambassadors from 18 countries recently visited Shams 1 – a 100-megawatt solar-thermal project located in Abu Dhabi’s Western Region. The tour of Shams 1 was part of a broader visit to the region organized and hosted by the Ruler's Representative Court in the Western Region.
Published on: 21 DEC 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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Solar Impulse 2 Arrives in Abu Dhabi
Solar Impulse 2 (Si2), the world’s first solar-powered plane able to fly day and night without a drop of fuel, arrived in Abu Dhabi by cargo plane from Switzerland. Si2’s crew of 80 technicians, engineers and a communications team will spend the next week re-assembling the giant plane and readying it for public display this month at Abu Dhabi Sustainability Week (ADSW) in advance of its March take-off on its round-the-world flight.
Published on: 10 JAN 2015
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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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Pope Tawadros II Visits Masdar City
His Holiness Pope Tawadros II of Alexandria, Patriarch of the See of St. Mark, and leader of the Coptic Orthodox Church of Alexandria, visited Masdar City today. Accompanied by his H.E. the Ambassador of Egypt, Ehab Hamouda, the leader of all Egyptian Coptics was given a guided tour by Yousif Al Ali, General Manager of Shams Power Company.
Published on: 12 MAY 2014
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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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The EDF Renewables-Masdar consortium awarded the Dumat Al Jandal (400 MW) wind project in Saudi Arabia
Paris, January 10th 2019 – The consortium consisting of EDF Renewables and Masdar (Abu Dhabi Future Energy Company PJSC), both global leaders in renewable energy, is announcing that it has won the tender for the Dumat Al Jandal wind farm.
Published on: 10 JAN 2019
