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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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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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Michael Bloomberg, UN Special Envoy for Cities and Climate Change, Tours Masdar City
Michael Bloomberg, UN Special Envoy for Cities and Climate Change, and a former mayor of New York City, toured Masdar City yesterday to learn how Abu Dhabi’s low-carbon mixed-use development is pioneering a “greenprint” for how cities can accommodate rapid urbanization and dramatically reduce energy, water and waste.
Published on: 17 MAR 2015
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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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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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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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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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First Eco-Friendly Credit Card Launched in the UAE
Major leading UAE financial institution, First Gulf Bank (FGB), will launch the UAE’s first green Visa Credit Card next week in association with Masdar, Abu Dhabi’s renewable energy company, at the sixth World Future Energy Summit during the Abu Dhabi Sustainability Week. The First Gulf Bank Masdar Card allows members of the community to become more involved in different environmentally sustainable initiatives. The product falls in line within a series of socially geared products that FGB has developed recently.
Published on: 07 JAN 2013
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Queen Rania of Jordan to Speak at Opening Ceremony of Abu Dhabi Sustainability Week
Taking place January 13-17, ADSW is the largest gathering on sustainability in the history of the Middle East and will address the interconnected challenges that affect the global adoption of renewable energy, water security and sustainable development.
Published on: 09 JAN 2013
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Masdar Launches Renewable Energy Desalination Program
Masdar today launched a pilot program to test and develop advanced energy-efficient seawater desalination technologies suitable to be powered by renewable energy sources. The long-term goal of the program is to implement renewable energy-powered desalination plants in the United Arab Emirates and to have a facility at commercial scale by 2020.
Published on: 16 JAN 2013
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Ministry of Foreign Affairs and Masdar Sign MoU to Reduce Environmental Impact of UAE Embassies
The MoU was signed by His Excellency Shiekh Abdullah bin Mohammed bin Butti Al Hamed, the Under Secretary for the UAE Ministry of Foreign Affairs; and Mohamed Al Ramahi, the chief operating officer of Masdar.
Published on: 14 JUL 2013
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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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Investments in Clean Energy Can Play Critical Role in Driving Economic Growth in Western Region
Abu Dhabi, UAE – 18 May, 2014: Investments in clean energy can play a critical role in driving economic growth in Abu Dhabi’s Western Region, home to Masdar’sShams 1 concentrated solar plant, according to Yousif Al Ali, General Managerof the Shams Power Company.
Published on: 20 MAY 2014
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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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UAE starts construction of projects under US$50 million Caribbean Renewable Energy Fund
Abu Dhabi, UAE, November 6, 2018: The first three renewable energy projects under the US$50 million United Arab Emirates-Caribbean Renewable Energy Fund (UAE-CREF) have broken ground in the Bahamas, Barbados and Saint Vincent & the Grenadines, the UAE Ministry of Foreign Affairs and International Cooperation (MOFAIC) announced today.
Published on: 05 NOV 2018
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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 collaborates with Department of Transport to roll out first all-electric bus service in the Middle East
Abu Dhabi, United Arab Emirates; January 3, 2019 – Masdar, the Abu Dhabi Future Energy Company, has officially launched the first fully electric passenger bus in the region in partnership with the Department of Transport in Abu Dhabi (DoT), Abu Dhabi-based bus manufacturer Hafilat Industry LLC , and leading technology company Siemens.
Published on: 03 JAN 2019
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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