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AQUOVUM, Khalifa University and Masdar launch world’s first solar/thermal energy storage-powered project to extract water from air at Masdar City
The world’s first project to produce commercial volumes of an uninterrupted water supply from a sustainable source, making it carbon free, will launch this month in Masdar City, Abu Dhabi. The innovative pilot project will be run by U.S.-based water technologies company, AQUOVUM, in partnership with Masdar and Khalifa University of Science and Technology, as part of a three-party research and development agreement.
Published on: 01 AUG 2021
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Masdar City Free Zone introduces exclusive business package for women entrepreneurs ahead of Emirati Women’s Day
Masdar City Free Zone has introduced a new business package exclusively for all women entrepreneurs, to further support the growth of women-led companies in the UAE. The announcement comes ahead of Emirati Women’s Day on the 28th August, which for 2021 is themed, ‘Women: Ambitions & Inspiration for Next 50 Years,’ in line with the UAE’s "Year of the 50th".
Published on: 25 AUG 2021
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Masdar joint venture reaches financial close and starts construction on Indonesia’s first utility-scale floating solar power plant
Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, announced today that financial close has been achieved on the Cirata Floating Photovoltaic Power Plant project and construction work has begun.
Published on: 03 AUG 2021
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Masdar City location will help our AI students thrive like Stanfords says MBZUAI President
Being located in Masdar City will help students from the world’s first university dedicated to research into artificial intelligence (AI) create a new generation of entrepreneurs, rivalling those of Silicon Valley, according to the institute’s president.
Published on: 11 JUL 2021
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Masdar supports greentech training program in Azerbaijan
Azerbaijani students and government employees were given dedicated training in renewable energy sources through a two-day training program organized by Masdar, bp and Azerbaijan’s Ministry of Energy.
Published on: 11 JUL 2021
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Masdar wins tender for 200 MW solar power project in Armenia
The Government of Armenia has officially selected Masdar, one of the world’s leading renewable energy companies, as the winning bidder for the tender for a utility-scale solar project.
Published on: 06 JUL 2021
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Masdar signs strategic agreement to develop solar projects in Republic of Iraq
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, announced that it signed a strategic agreement with the Republic of Iraq to develop solar photovoltaic (PV) projects in the country with a minimum total capacity of two gigawatts (GW).
Published on: 25 JUN 2021
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The Catalyst Accelerating Sustainable Innovation
Relaunched in 2018 to encourage and stimulate entrepreneurship, The Catalyst is the region’s first sustainability-focused ‘start-up accelerator’. Based in the Masdar City Free Zone, The Catalyst is a joint venture between Masdar and BP aimed at accelerating start-ups through funding, training and mentorship.
Published on: 21 JUN 2021
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Masdar City strengthens position as regional home for innovation with arrival of Abu Dhabi’s Advanced Technology Research Council
Masdar, a global leader in sustainable innovation and development, has announced the arrival of Abu Dhabi high-tech sector drivers, the Advanced Technology Research Council (ATRC) and its two pillar entities, Technology Innovation Institute (TII) and ASPIRE, to Masdar City in the capital of the UAE.
Published on: 31 MAY 2021
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Abu Dhabi Securities Exchange (ADX) Welcomes the Secondary Green Bond Listing by Masdar
Abu Dhabi Securities Exchange (ADX) welcomed the secondary listing of a USD 750 million Green Bond by Abu Dhabi Future Energy Company (Masdar), the global clean energy powerhouse based in Abu Dhabi.
Published on: 10 OCT 2023
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US$50m UAE-Caribbean Renewable Energy Fund awards EPC contract to build resilient clean-energy project in Dominica
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), has announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project in Dominica.
Published on: 27 MAY 2021
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Beyond2020 Installs Lighting Solutions at the World’s Largest Refugee Camp in Bangladesh
Beyond2020, the UAE-driven humanitarian initiative has announced the deployment of critical solar energy lighting solutions at Kutupalong Rohingya refugee camp in Cox’s Bazar, Bangladesh, lighting up the lives of 4,500 residents. The deployment in Bangladesh, which aims to enhance security and create better conditions for social and community activities after dark, marks the second phase of ‘20by2020’, which recently rebranded to ‘Beyond2020’ to serve as a flagship platform for continuous global outreach.
Published on: 04 MAY 2021
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Global renewable capacity expansion soars 50
Global renewable energy capacity additions reached a record level last year, exceeding expansion in 2019 by almost 50 percent, according to date from the International Renewable Energy Agency (IRENA). Worldwide, more than 260 gigawatts of renewable capacity was added last, accounting for more than 80 percent of all electricity expansion, the agency’s annual Renewable Capacity Statistics 2021 report shows.
Published on: 29 APR 2021
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Supporting Southeast Asia’s Clean Energy Transition
“At Masdar, we are invested in the clean energy future of communities around the whole world. I’m proud to work for a company that makes impactful contributions toward climate action. At the end of the day, climate change affects every single one of us and a borderless crisis requires collective action.”
Published on: 23 MAY 2021
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Miral and Emerge to Develop Solar Project on Yas Bay Waterfront
Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, has signed an agreement with Emerge, a joint venture between the UAE’s Masdar and France’s EDF, to develop a 524-kilowatt peak (kWp) solar photovoltaic (PV) project on Yas Bay Waterfront, Abu Dhabi’s vibrant day-to-night dining, entertainment and leisure destination located on Yas Island. The project is designed to offset 450 tonnes of CO2 emissions per year.
Published on: 17 OCT 2023
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Masdar makes first investment in Greece by developing solar plant with Taaleri Energia
Masdar, one of the world’s leading renewable energy companies, and Taaleri Energia, which invests in utility-scale wind and solar assets, have agreed to develop a 65-megawatt (MW) solar photovoltaic (PV) project in Greece. The project will be managed through the companies’ joint venture Masdar-Taaleri Generation (MTG).
Published on: 06 MAY 2021
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Sharjah Waste to Energy plant achieves major milestones towards zero-waste, net-zero emissions in first year of operations
The Sharjah Waste to Energy plant, a first of its kind project in the Middle East, has achieved multiple landmark milestones since its inauguration a year ago. Tied to the Sharjah electrical grid, the plant has generated enough energy to power over 2,000 homes per year while offsetting 150,000 tons of CO2 emissions.
Published on: 10 MAY 2023
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Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa’s Clean Energy Objectives
Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW).
Published on: 19 JAN 2023
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Masdar Expands Presence in US with Completion of Acquisition of Big Beau Project Stake from EDF Renewables North America
Masdar, one of the world’s fastest-growing clean energy companies, has further expanded its presence in the United States’ renewables market after closing the acquisition of a 50 percent stake in a combined solar and battery storage project from EDF Renewables North America.
Published on: 12 APR 2023
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Masdar Achieves Financial Close on Three Solar Projects in Uzbekistan
Financing for the projects is being provided by the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB). The Dutch Entrepreneurial Development Bank, FMO, and ILX are acting as B loan participants.
Published on: 06 APR 2023
