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Successful Abu Dhabi Ascent Concludes with Call on Action from Ban Ki-moon
UN Secretary General, Ban Ki-moon, officially closed climate change discussions in Abu Dhabi yesterday (Monday) with a rallying cry to governments and business to take meaningful action to mitigate the impact of climate change. Hailing the Abu Dhabi Ascent as a success, he said the meeting was a critical step forward on the way to forging a consensus on how to tackle climate change.
Published on: 05 MAY 2014
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Abu Dhabi Solar Challenge Launched
The Abu Dhabi Solar Challenge (ADSC), the first ever solar car competition to take place in the United Arab Emirates (UAE), was announced today. Navigating the entire country, the 1,200km ADSC will start and finish in Abu Dhabi and take place from the 16-19 January, 2015. The race will coincide with Abu Dhabi Sustainability Week and end at the opening ceremony of the World Future Energy Summit.
Published on: 05 MAY 2014
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During Keynote Speech, Masdar Director Stresses the Importance of Collaboration and Co-Innovation
Mr. Al Lamki also provided a powerful narrative showcasing some of Masdar’s innovative projects as examples for how working together can result in tangible, meaningful progress. The keynote was delivered during the Powering Progress Together forum – an event co-hosted by Shell and the city of Rotterdam, Netherlands.
Published on: 18 MAY 2013
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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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Masdar Wins Three Emirates Energy Award Prizes
Masdar, Abu Dhabi’s renewable energy company, yesterday won three awards at the Dubai Supreme Council of Energy’s inaugural Emirates Energy Award ceremony. Masdar was recognized for its achievements in developing large-scale renewable energy projects, designing buildings with high levels of energy efficiency and cultivating young professionals in the clean-energy sector. The Emirates Energy Award recognizes and encourages best practices and leading initiatives in energy efficiency, alternative energy, sustainability and environmental protection.
Published on: 27 OCT 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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UAE’s first waste-to-energy project receives landmark award for first-of-its-kind financing loan
Bee’ah, the Middle East’s sustainability pioneer, and Masdar, the Abu Dhabi Future Energy Company, were recognized as the winners of the Structured Loan Deal of the Year Award at the Bonds, Loans & Sukuk Middle East Awards for their financing of the UAE’s first waste-to-energy project. The award was presented during a ceremony held on the 6th of November 2018, as part of the prestigious Project, ECA & Structured Finance Conference conducted in Dubai.
Published on: 10 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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Masdar Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals
Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
Published on: 10 OCT 2018
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Ras Al Khaimah Municipality launches Model Villa Initiative as part of Masdar partnership
Ras Al Khaimah Municipality, in partnership with Masdar (Abu Dhabi Future Energy Company), has today launched its “Model Villa Initiative”, in an effort to promote energy efficiency and the building of more sustainable residential villas in the emirate.
Published on: 24 SEP 2018
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Building on a legacy: Introducing the Zayed Sustainability Prize
The Zayed Future Energy Prize will today become the Zayed Sustainability Prize as part of a strategic move to refocus its mandate. After ten years of successfully promoting renewable energy initiatives across the globe, the Prize will now broaden its focus to affect greater humanitarian impact by supporting a wider range of solutions to the challenges of sustainable development.
Published on: 16 APR 2018
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Brazilian Minister of Environment visits Masdar City
HE Ricardo Salles, Brazilian Minister of Environment, and an accompanying delegation visited Masdar City, where they were briefed on the latest developments taking place at the city and learned more about Masdar’s worldwide Clean Energy portfolio.
Published on: 13 JUN 2019
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Masdar City - A template for sustainable urban development
The development of Masdar City as a low-carbon solution to urban living reflects the significant investment the UAE is making in sustainable development, and its clear understanding of the valuable role cities play in driving global sustainability. By applying real-world solutions in energy and water efficiency, mobility and waste management, Masdar City offers practical solutions not blue-sky thinking.
Published on: 18 JUN 2019
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Solar power – a primer
The energy that the Earth receives from the Sun in just one hour is equal to the total amount of energy consumed by humans in one year. Part of this energy can be converted into electricity by photovoltaic systems. The basic unit of these systems is the light-absorbing solar cell, also called a photovoltaic (PV) cell. Conventional solar cells contain a rigid semiconductor wafer made of crystalline silicon as the PV material, although other PV materials are now in use as well.
Published on: 26 JUN 2019
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A SHARED AMBITION OF SUSTAINABILITY
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the well-being of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications.
Published on: 12 MAY 2019
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Masdar and European Investment Bank Working Together to Accelerate Renewable Energy Development in ME
Masdar, Abu Dhabi’s renewable energy company, today announced plans to collaborate with the European Investment Bank (EIB) – the financial arm of the European Union – to accelerate the development of clean energy projects in parts of the Middle East and North Africa. The framework agreement, signed during Abu Dhabi Sustainability Week, allows Masdar and EIB to jointly identify investment opportunities to develop and finance renewable energy projects.
Published on: 20 JAN 2014
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Masdar Signs Cooperative Framework with Energias de Portugal
Masdar today signed a framework agreement with Energias De Portugal (EDP), Portugal’s largest utility company, to explore opportunities to deploy large-scale renewable energy projects and promote renewables as source of foreign aid. The agreement was signed by Jorge Cruz Morais, director-general of EDP Internacional and H.E Dr. Sultan Al Jaber, CEO of Masdar, during the seventh World Future Energy Summit, a global platform that addresses the future of renewable energy and sustainable development in the Middle East and the world.
Published on: 21 JAN 2014
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Two-Day Sustainability Festival at Masdar City Opens Tomorrow
Masdar City’s two-day sustainability festival will get underway tomorrow, marking the end of the second edition of Abu Dhabi Sustainability Week (ADSW). The Festival at Masdar City will be an opportunity for the community to spend a fun, educational weekend in one of the world’s most sustainable cities. Open from 11am to 8pm and ending on Saturday, the event is expected to attract thousands of local residents eager to learn more about living sustainably.
Published on: 22 JAN 2014
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UAE to Host High-Level Meeting in May Leading up to the UN Secretary-General’s Climate Summit
A special two-day high- level meeting will be held from 4-5 May in Abu Dhabi, United Arab Emirates, to encourage announcements of greater action and ambition by world leaders at the Secretary-General’s Climate Summit in September, UN Secretary-General Ban Ki-moon and United Arab Emirates Minister of State and Special Envoy for Energy and Climate Change, Dr. Sultan Al Jaber, announced today.
Published on: 04 FEB 2014
