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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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Masdar Invests In Offshore Wind Farm; Expanding Its Presence In The UK Wind Energy Market
Today, Masdar announced its partnership with Norway’s Statoil and Statkraft in a 402 MW offshore wind farm project, off the Norfolk coast in Eastern England. Masdar acquired a 35 percent stake in the project from Statoil. This leaves Statoil retaining a 35 percent stake and remaining operator of the project, with the remaining 30 percent owned by Statkraft.
Published on: 22 SEP 2014
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German Vice Chancellor Sigmar Gabriel Visits Masdar
Sigmar Gabriel, German vice chancellor and minister for economic affairs and energy, and a delegation of senior officials yesterday visited Masdar. The delegation also toured Masdar City, one of the world’s most sustainable urban developments, and the Masdar Institute of Science and Technology in a visit that underscores the alignment between the UAE and Germany on the importance of developing and adopting clean technology and renewable energy.
Published on: 09 MAR 2015
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Pope Tawadros II Visits Masdar City
His Holiness Pope Tawadros II of Alexandria, Patriarch of the See of St. Mark, and leader of the Coptic Orthodox Church of Alexandria, visited Masdar City today. Accompanied by his H.E. the Ambassador of Egypt, Ehab Hamouda, the leader of all Egyptian Coptics was given a guided tour by Yousif Al Ali, General Manager of Shams Power Company.
Published on: 12 MAY 2014
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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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Masdar CEO Stresses Need for Securing Energy through Diversifying its Sources
The lecture explained the efforts the UAE is carrying out to diversify its energy mix through initiatives like Masdar, which is focusing on all necessary pillars of the value chain necessary to build a new sector, including research and development, investment, developing renewable energy projects and implementing the principles of sustainable development.
Published on: 13 MAY 2013
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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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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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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
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The Festival at Masdar City to bring Abu Dhabi Sustainability Week 2019 to a close
The Festival is returning to Masdar City for a two-day family celebration, bringing to a close the latest edition of Abu Dhabi Sustainability Week. The fun-packed weekend, which will be hosted on Friday, 18 and Saturday, 19 January at Masdar City, will bring the public to learn about sustainability and how to make more environmentally-conscious decisions.
Published on: 12 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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Cepsa and Masdar focus their collaboration on renewables in Spain and Portugal
Abu Dhabi, UAE, January 15, 2019: Cepsa and Abu Dhabi Future Energy Company (Masdar) have strengthened their collaboration in renewables by today signing a Partnership Agreement at Abu Dhabi Sustainability Week, one of the world’s largest gatherings on sustainability that is currently being held in the UAE capital.
Published on: 15 JAN 2019
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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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Masdar joint venture Hywind Scotland exceeds operational milestones in first three months
Abu Dhabi, UAE, February 15, 2018: As the UAE celebrates Innovation Month in February, the developers of Hywind Scotland, the world’s first commercial-scale floating wind farm, have reported better than expected results in the first three months of the project’s operations, with cutting-edge technology playing an important role.
Published on: 14 FEB 2018
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Masdar City marks Chinese New Year
The Masdar City podium will be filled with festive decorations as visitors enjoy dragon-puppet-making, lantern-making and more. Masdar City visitors are also invited to decorate a new-year-themed Wishing Tree. According to Chinese tradition, all their wishes will be granted!
Published on: 17 FEB 2018
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Masdar and Korea Energy Agency to explore renewable energy collaboration and investment
Masdar announced the signing of a memorandum of understanding (MoU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between the Republic of Korea and the United Arab Emirates (UAE).
Published on: 26 MAR 2018
