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Construction begins on hurricane-resistant clean energy power plant in Antigua and Barbuda under US$50m UAE-Caribbean Renewable Energy Fund
The UAE-Caribbean Renewable Energy Fund has announced the start of construction for a hurricane-resistant clean energy plant in Antigua and Barbuda to help the twin-island nation recover from the devastating effects of Hurricane Irma in 2017.
Published on: 29 SEP 2020
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Masdar signs power purchase agreement with Uzbekistan
Masdar has signed a Power Purchase Agreement (PPA) and Government Support Agreement (GSA) with the Government of the Republic of Uzbekistan to design, finance, build and operate the country’s first public-private partnership (PPP) solar power plant.
Published on: 08 NOV 2019
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Masdar and Uzbekistan Government to develop landmark 500MW wind project
Masdar has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500-megawatt utility-scale wind farm project.
Published on: 09 JUN 2020
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Masdar-BP initiative The Catalyst announces support for new start-ups at Abu Dhabi Sustainability Week 2020
The Catalyst, the sustainability-focused accelerator supported by Masdar and BP, has announced three new companies for its second cycle of funding, training and mentorship.
Published on: 16 JAN 2020
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Masdar Celebrates Achievements in Women’s Empowerment on Emirati Women’s Day
Emirati Women’s Day is being held this year under the theme “Preparing for the next 50 years: Women are the support of the nation” – capturing the importance women now command across Emirati society.
Published on: 28 AUG 2020
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Masdar joins Atlantic Council-EBRD conference in Turkey
Yousif Al Ali, Executive Director of Clean Energy at Masdar, participated in a panel at this month’s high-level Renewable Energy Outlook Conference for Turkey and the broader region.
Published on: 19 FEB 2020
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Masdar’s Ahmed Baghoum shares importance of a green energy transition
A green transition will require the cooperation of all sectors, the reskilling of workers and the continued deployment of renewables, Ahmed Baghoum, Executive Director, Human Capital and Services, Masdar, said during a virtual panel organized by the EU-GCC Business Council.
Published on: 17 NOV 2020
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Masdars Sustainability Ambassadors present winning solution
Members of the Sustainability Ambassadors, part of Youth 4 Sustainability, one of Masdar’s strategic initiatives, have placed first in the CovHack Innovation Challenge, a virtual hackathon engaging young people in finding viable solutions for food security post-COVID-19.
Published on: 22 JUL 2020
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Masdar enters strategic alliance to explore renewable energy opportunities in Ukraine
Masdar, parent company Mubadala Investment Company, and DTEK, Ukraine’s largest private power producer, have signed a strategic agreement to explore potential clean energy investments in Ukraine.
Published on: 15 FEB 2021
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ADSW 2020 achieves new milestones
Abu Dhabi Sustainability Week (ADSW) 2020, the region’s largest sustainability gathering, has again achieved new milestones for attendance, participation and business deals.
Published on: 28 JAN 2020
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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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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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ADEC agreement will drive knowledge economy efforts at Masdar City
Masdar signed a new Memorandum of Understanding (MoU) with the Abu Dhabi Education Council (ADEC) on April 12th 2016, to provide streamlined procedures for the establishment of schools and institutes of higher education at Masdar City.
Published on: 12 APR 2016
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Lights On Across Egypt’s Remote Areas as Masdar Delivers Solar Projects
Masdar, Abu Dhabi’s renewable energy company, has completed the delivery of 30 megawatts of utility-scale clean energy projects and 7,000 solar home systems in remote and strategic areas across Egypt. Together, the four clean energy projects developed by Masdar’s Special Projects unit will power 25,800 homes and displace 42,700 tonnes of CO2 annually, as well as advance the development objectives of the Egyptian government.
Published on: 20 APR 2016
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Masdar Passes 10-Year Milestone
Today, Masdar employees and alumni gathered in Masdar City to mark ten years of achievement in advancing the clean energy industry in Abu Dhabi and around the world. Under the banner “Seizing the Next Decade,” participants were invited to reflect on Masdar’s significant and widespread impact to date and the promise of the next ten years, as part of an organisation defined by the spirit of partnership, collaboration and innovation.
Published on: 27 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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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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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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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