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HH Sheikh Mohammed bin Rashid Al Maktoum Inaugurates 800MW Third Phase of Solar Park
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has inaugurated Dubai Electricity and Water Authority’s, DEWA’s, Innovation Centre and the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. With a planned total capacity of 5,000MW by 2030, the Park features an investment of AED50 billion.
Published on: 24 NOV 2020
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Masdar City’s Eco Residences 2 project wins MENA Green Building Project of the Year 2020
Masdar City’s Eco Residences 2 project, has been awarded the Middle East and North Africa (MENA) Green Building Project of the Year, at the MENA Green Building Awards 2020. This award marks the second Green Building Award for the Eco Residence project, after phase one of the development, received the Green Residential Building award in 2018.
Published on: 09 DEC 2020
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Masdar executive director tells Gulf Business economic case for renewable energy “stronger than ever”
The economic case for renewable energy is “stronger than ever” and the UAE and other GCC states are particularly well placed to achieve “ambitious” clean-energy targets, Yousif Al Ali, executive director at Masdar Clean Energy, said in an interview with Gulf Business.
Published on: 16 APR 2020
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Masdar joins UK government leaders at Charging Infrastructure Investment Fund event
Masdar, one of the world’s leading sustainability investors and renewable energy developers, has today joined UK government leaders in London for a specialised industry event to discuss its recent investment in the Charging Infrastructure Investment Fund (CIIF).
Published on: 07 OCT 2019
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Solar Impulse 2 Soars Over Gemasolar, Masdar’s Solar Thermal Plant in Seville
Shortly after taking off from Seville, Spain en route to Cairo, Egypt, Solar Impulse 2 flew directly over the Gemasolar Thermosolar Plant, a highly advanced facility run by Torresol Energy, a joint venture between Masdar and Sener. The 20-megawatt plant is the world’s first utility-scale solar power plant to combine a central tower receiver system and molten salt storage technology enabling electricity generation for 15 hours without solar irradiance electricity, thus guaranteeing a reliable energy supply 24 hours a day.
Published on: 10 JUL 2016
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Abu Dhabi rolls out the red carpet as Solar Impulse 2 enters final straight
Solar Impulse 2 (Si2), the solar-powered plane attempting to become the first aircraft in the world to circumnavigate the Earth without using a drop of fossil fuel, will complete its epic journey in the early hours of Tuesday morning, returning to the city where its adventure began in March last year.
Published on: 02 AUG 2016
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Dudgeon wind farm secures GBP1.3 billion project financing
London, UK, May 13, 2016: The developers of one of the world’s largest offshore wind farms announced the limited recourse financing for the project today, having reached financial close in six months. The GBP1.3 billion long-term financing will fund the capital requirements of the 402-megawatt (MW) Dudgeon Offshore Wind Farm, currently under construction 32 kilometres out to sea from the North Norfolk coast of East England.
Published on: 14 MAY 2016
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London Array Proves Viability of Large-Scale Renewable Projects
Today marks the two-year anniversary of the inauguration and completion of London Array – the world’s largest offshore wind farm. The sophisticated, 630-megawatt wind power project – and Masdar’s largest international investment to date – continues to deliver clean and reliable energy to more than half-a-million homes throughout the United Kingdom.
Published on: 04 JUL 2015
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More UAE residents soon to call Masdar City home as Leonardo Residences officially breaks ground
Residential apartments now under construction at Masdar City in Abu Dhabi will add to the thriving community taking shape at one of the world’s most sustainable urban developments. The senior management of Masdar, Abu Dhabi’s renewable energy company, and of the Abu Dhabi-based property developer Reportage Real Estate marked the official ground-breaking of the 170-unit Leonardo Residences at the City today.
Published on: 10 APR 2016
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Global Thought Leaders to Address How Innovation Can Accelerate Sustainable Development
Abu Dhabi Sustainability Week (ADSW) will bring together leading global experts – from academia, industry and government – to address how promoting innovation and cross-sector collaboration can accelerate solutions that tackle energy and water security, climate risk and sustainable development.
Published on: 12 JAN 2015
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Masdar City to Host Annual Sustainability Festival
Masdar City will host the second annual Festival at Masdar City from 11am to 9pm on January 23-24, marking the close of Abu Dhabi Sustainability Week (ADSW). The event will be an opportunity to enjoy a fun and family focused day out, in one of the world’s most sustainable cities.
Published on: 13 JAN 2015
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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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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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Masdar Launches Second Edition of International Blogging Contest
Masdar, Abu Dhabi’s Renewable Energy Company, has launched the second edition of its international Engage Blogging Contest ahead of January’s Abu Dhabi Sustainability Week (ADSW) 2014 – the region’s largest gathering on sustainability. Under the theme “Cities and Sustainable Development,” the competition asks contributors to discuss their views of the critical role our cities play in driving sustainability.
Published on: 09 DEC 2013
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‘Blue Economy Summit’ Highlights Importance of Marine Ecosystems in Achieving Global Sustainability
The ‘Blue Economy Summit’ was held today in Abu Dhabi to address the unique climate and sustainably challenges facing Small Island Developing States (SIDS) and marine ecosystems. With over 70 percent of the world’s surface covered by oceans, protecting the health of marine environments is fundamental to protecting the world’s interconnected economies and long-term sustainability.
Published on: 19 JAN 2014
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UAE and Denmark Cooperate to Advance Renewable Energy and Sustainability Globally
The United Arab Emirates and the Government of Denmark today signed a strategic framework agreement outlining nine areas of collaboration focused on advancing renewable energy and sustainability globally. The agreement was signed by H.E. Dr. Sultan Al Jaber, UAE minister of state and CEO of Masdar, and Rasmus Helveg Petersen, Danish minister of development cooperation. The signing ceremony was held in the presence of Frederik, Crown Prince of Denmark.
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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Masdar Achieves Financial Close of London Array Project
Masdar Energy UK, a wholly owned subsidiary of Masdar, Abu Dhabi’s renewable energy company, today announced the completion of a 12 year limited-recourse project financing of up to £266 million for its stake in phase one of London Array. The landmark financing is the first time that a limited-recourse structure has been completed for an unincorporated joint venture within the renewable energy industry.
Published on: 09 OCT 2013
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Siemens strengthens Middle East presence with new headquarters at Masdar City
Siemens, the global powerhouse in electronics and electrical engineering operating in the energy, infrastructure, industry and healthcare sectors, today inaugurated its new Middle East headquarters at Masdar City – Abu Dhabi’s low-carbon, sustainable city – where Siemens is an anchor tenant. The Siemens building has been designed with sustainable materials and energy efficient technologies, making it the first LEED Platinum certified office in the United Arab Emirates’ capital city. The building has become a benchmark for future projects in the Middle East and beyond, due to the sustainability standards and development methodology used in building it.
Published on: 21 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
