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Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, today announced it has successfully raised USD1 billion through its second green bond issuance, under its Green Finance Framework. The announcement comes one year after the company’s first successful issuance of USD750 million on the International Securities Market of the London Stock Exchange.
Published on: 19 JUL 2024
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Masdar’s annual Sustainability Report reveals global portfolio and advanced pipeline capacity grew 58% in 2023
Masdar’s clean energy capacity rose from 20GW in 2022 to 31.5GW in 2023, with operational projects generating 26,702GWh of power, avoiding 14 million tonnes of CO2e
Published on: 04 OCT 2024
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Masdar and EMSTEEL Announce Successful Pilot Project Using Green Hydrogen to Produce Green Steel
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and EMSTEEL, the UAE’s largest publicly listed steel and building materials company, have announced the successful completion of a pilot project demonstrating the use of green hydrogen to produce green steel.
Published on: 28 OCT 2024
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ADNOC and Masdar Collaborate with Microsoft to Drive AI Deployment and Low-Carbon Solutions
ADNOC and Abu Dhabi Future Energy Company (Masdar) announced today the signing of a Strategic Collaboration Agreement (SCA) with Microsoft on a range of artificial intelligence (AI) and low-carbon initiatives in the UAE and globally aimed at decarbonizing the energy system of today and enabling a sustainable energy system for the future. The announcement was made at ADIPEC which is currently taking place in Abu Dhabi.
Published on: 05 NOV 2024
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WiSER Pioneers tackle climate challenges in water-stressed Morocco
Women in Sustainability, Environment, and Renewable Energy (WiSER) - a global initiative established by the UAE’s two leading sustainability champions, Masdar and the Zayed Sustainability Prize - has successfully completed the latest instalment of its WiSER Cares program.
Published on: 19 JUN 2024
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Masdar to Host Second Green Hydrogen Summit to Advance Clean Fuels Sector Globally
Abu Dhabi Future Energy Company PJSC – Masdar will host the second annual Green Hydrogen Summit on April 16, 2024, as part of the World Future Energy Summit, to accelerate the development of the global green hydrogen economy and support the energy transition.
Published on: 08 APR 2024
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Masdar set for leading role at World Future Energy Summit
World Future Energy Summit is the world’s leading business event for future energy, clean technology and sustainability, with a packed program of events, activations, discussions and forums.
Published on: 03 APR 2024
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Masdar and EGA form alliance to work together on aluminium decarbonisation and growth through renewables
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s largest clean energy companies, and Emirates Global Aluminium (EGA), the largest ‘premium aluminium’ producer in the world, agreed an alliance to work together on aluminium decarbonisation and low-carbon aluminium growth opportunities.
Published on: 17 APR 2024
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EWEC Announces Partners to Develop 1.5 Gigawatt Solar Project in Abu Dhabi
EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing and supply of water and electricity across the UAE, today announced the award for its 1.5 gigawatt (AC) Al Ajban Solar PV Independent Power Project.
Published on: 26 APR 2024
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First wind turbine installed at Baltic Eagle offshore wind farm
The first of a total of fifty wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse.
Published on: 09 MAY 2024
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Masdar Reinforces Commitment to Indonesia’s Energy Transition at World Water Forum
Masdar, the UAE’s clean energy powerhouse, has signed strategic agreements for new renewable energy projects in Indonesia in support of the country’s energy transition. The agreements reinforce the ongoing partnership between the UAE and Indonesia towards developing the region’s renewables sector, while supporting Indonesia’s current and future energy needs.
Published on: 22 MAY 2024
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Emerge Announces Successful Energization of Solar Projects at Yas Bay Waterfront and Yas Marina Circuit
Emerge, a joint venture between the UAE’s Masdar and France’s EDF Group, has announced the successful energization of two high-profile solar photovoltaic (PV) projects on Yas Island at Yas Marina Circuit and Yas Bay Waterfront, Abu Dhabi’s vibrant day-to-night dining, entertainment and leisure destination.
Published on: 23 MAY 2024
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UAE and Kazakhstan sign landmark agreements to develop 1GW of renewables capacity
The governments of the United Arab Emirates and the Republic of Kazakhstan today signed an agreement outlining a commitment to co-operation in the development of Kazakhstan’s renewables sector, including through the development of a large-scale wind power project with a 1GW capacity.
Published on: 02 DEC 2023
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Masdar Joins Forces with RWE in £11 billion Investment to Co-develop Massive 3GW Offshore Wind Projects in UK
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, is part of an £11billion investment into the UK’s renewable energy sector and is purchasing a 49 percent stake in RWE’s 3 gigawatt (GW) Dogger Bank South (DBS) projects - which form one of the world’s largest planned offshore wind farms. DBS is capable of powering millions of British homes, reducing emissions and creating up to 3,000 jobs. Closing of the transaction is subject to customary approvals and expected in the first quarter of 2024.
Published on: 01 DEC 2023
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Iberdrola and Masdar sign global alliance to co-invest up to €15 billion in offshore wind and green hydrogen projects in Germany, UK and the USA
Today (5th December) at COP28 in Dubai, global green energy giants Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in key markets including Germany, UK and the USA.
Published on: 05 DEC 2023
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TotalEnergies and Masdar demonstrate Methanol-to-SAF pathway with successful test flight
The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens all contributed to the successful flight.
Published on: 06 DEC 2023
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Youth 4 Sustainability Forum Empowers Youth Leadership in Climate Action
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Youth 4 Sustainability (Y4S) - the UAE’s premier youth empowerment platform on sustainability - hosted an insightful program of empowering discussions and speeches at the Y4S Forum at COP28.
Published on: 13 DEC 2023
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Masdar and PLN Advance Plans to Develop World's Largest Floating Solar Plant in Indonesia
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has signed agreements to collaborate with Indonesia’s state-owned utility company, PLN, to move ahead with major development plans for Southeast Asia’s largest floating solar power plant and explore green hydrogen opportunities.
Published on: 03 DEC 2023
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How’s it growing? Masdar City developed ‘smart garden’ teaches kids about homegrown food
This month, young visitors to Kidzania’s outlets at The Dubai Mall and Abu Dhabi’s Yas Mall, will learn how to easily grow healthy fruits and vegetables at home, through a unique interactive experience delivered by Masdar City-based start-up innovation, the HydroArtPod.
Published on: 12 JUL 2021
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UAE to host COP28 climate change conference in 2023
The UN Framework Convention on Climate Change (UNFCCC) has officially announced that the UAE will host the 28th Conference of the Parties climate change conference – better known as COP28 – in 2023.
Published on: 14 NOV 2021
