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UAE and partners to build resilient green power system for hurricane-ravaged Barbuda
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has announced a partnership with the Government of Antigua and Barbuda’s Ministry of Public Utilities, Civil Aviation, Transport and Energy, the CARICOM Development Fund (CDF) and the New Zealand Ministry of Foreign Affairs and Trade (NZMFAT) to restore power to Barbuda following the near-total destruction of the island after Hurricane Irma struck in September 2017.
Published on: 19 SEP 2019
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Abu Dhabi Sustainability Week Eco-Bus to Tour the UAE
Masdar, the Abu Dhabi Future Energy Company and host of Abu Dhabi Sustainability Week (ADSW), has launched an eco-bus initiative that will tour the United Arab Emirates to raise awareness about the world’s largest sustainability gathering in January.
Published on: 27 NOV 2019
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DEWA and Masdar reach financial closing on 1800MW 6th phase of Mohammed bin Rashid Al Maktoum Solar Park
Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Future Energy Company (Masdar), announced the financial closing of the 1800-megawatt sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. The solar park’s capacity will exceed 5,000 megawatt by 2030, with investments totalling approximately AED 50 billion. This is a new milestone in promoting the use of clean and renewable energy in the UAE.
Published on: 21 FEB 2024
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UAE-Caribbean Renewable Energy Fund Celebrates Inauguration of Hurricane-Resistant Power Plant on Antigua and Barbuda
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), announced that the hurricane-resistant power project developed by Masdar for Antigua and Barbuda to withstand even the fiercest winds, is now operational.
Published on: 11 MAR 2024
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DP World and Masdar partner to drive renewable power for port operations
DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar), a global leader in clean energy, to explore and implement renewable energy systems across DP World's global port operations in the Middle East and Africa.
Published on: 26 FEB 2024
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Masdar to Acquire Saeta from Brookfield for $1.4 Billion
Abu Dhabi Future Energy Company PJSC - Masdar (“Masdar”), the UAE’s clean energy powerhouse, today announced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“Brookfield”), for an implied enterprise value of c. US$1.4 billion (€1.2 billion). Closing of the transaction is subject to customary approvals and is expected to occur around the end of 2024.
Published on: 24 SEP 2024
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Masdar and CMA CGM Sign Strategic Supply Partnership for Long-term Supply of Green Alternative Fuels
Abu Dhabi Future Energy Company PJSC - Masdar, one of the world’s leading renewable energy companies, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have signed a Strategic Supply Partnership (SSP) which will explore the two companies entering long-term green maritime fuels offtake contracts to supply CMA CGM vessels.
Published on: 30 JAN 2024
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Y4S members step up climate action at Expo 2020 Dubai
Youth 4 Sustainability (Y4S) members have spoken of their renewed “motivation” and “enthusiasm” for combating climate change after attending a global gathering of climate activists at Expo 2020 Dubai.
Published on: 03 NOV 2021
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AGS and WiSER sign MoU to empower women to accelerate sustainable development
Alliances for Global Sustainability (AGS) today entered into a strategic agreement with Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s international outreach platforms, aiming to inspire women of all ages to play a more active role in addressing global sustainability challenges.
Published on: 16 NOV 2021
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UAE supports first Tashkent International Investment Forum
His Excellency Suhail Al Mazrouei, Minister of Energy and Infrastructure for the UAE, and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, took part in a panel discussion on “Green Energy for Future Generations,” as part of the first Tashkent International Investment Forum (TIIF), held in Uzbekistan’s capital last month.
Published on: 04 APR 2022
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ADNOC, Masdar and Microsoft Release Powering Possible: AI and Energy for a Sustainable Future
Report highlights how AI is critical for accelerating the net-zero energy transformation by boosting efficiencies, decarbonizing existing systems, and expanding carbon-free energy sources Report draws on insights from over 400 thought leaders in technology, energy and finance, including Jensen Huang, CEO of NVIDIA, Larry Fink, CEO of BlackRock and Patrick Pouyanné, CEO of TotalEnergies Jointly authored report calls for energy sector to accelerate investment in AI to drive decarbonization while securely responding to growing global electricity demand
Published on: 31 OCT 2024
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Third webinar in WiSER Wisdom Series explores role of science diplomacy in advancing climate action
Science diplomacy is fundamental for furthering international cooperation, mitigating climate change and fulfilling the gender equality agenda, attendees of the third WiSER Wisdom Series heard.
Published on: 21 DEC 2020
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Innovation key to tackle climate change, say panelists on ADSW Web Series
The UAE and the wider region will drive innovative solutions to solve issues related to climate change, panelists on the fourth ASDSW Web Series agreed, with some of the most promising technologies still in early development stages.
Published on: 01 MAR 2021
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Three major solar projects inaugurated in the Caribbean
Three climate-resilient solar power projects in the Bahamas, Barbados, and Saint Vincent and the Grenadines are being inaugurated this week under the US$50 million UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy initiative of its kind in the region. The fund is a partnership between the UAE Ministry of Foreign Affairs and International Cooperation, the Abu Dhabi Fund for Development, and Masdar (Abu Dhabi Future Energy Company).
Published on: 19 MAR 2019
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Financial Times names Masdar City best free zone for renewable energy
Masdar City has been named “Best Free Zone for Start Up Support” by the Financial Times and has collected three other prestigious global awards. The Global Free Zone of the Year Awards hosted by the FT’s fDi Magazine are among the most high-profile awards in the free zone sector, with approximately 65 free zones entering this year’s competition. This is Masdar City’s second consecutive year receiving awards.
Published on: 21 NOV 2017
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General Director of the Crown Prince Court and CEO of Masdar Tour PlanetSolar Catamaran
The visitors were briefed on the technical features and specifications of the catamaran that runs solely on solar panels. Accompanied by its Captain and Master, Erwann Le Rouzic, PlanetSolar is the world’s largest solar powered boat and was docked in Abu Dhabi for the duration of the summit.
Published on: 22 JAN 2012
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Masdar-led joint venture agrees financing for largest wind farm in Serbia
Financing for one of the largest wind power projects in mainland Europe has been agreed by the project’s shareholders and lenders at a ceremony in the Serbian capital of Belgrade. Due for completion in the first half of 2019, the 158 megawatt (MW) capacity Čibuk 1 wind farm will be the largest utility-scale commercial wind project in Serbia and the Western Balkans.
Published on: 16 OCT 2017
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HH Gen Sheikh Mohamed Bin Zayed Inaugurates Fifth Edition of World Future Energy Summit
His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the Armed Forces of the United Arab Emirates affirmed that - led by His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates - God protect him – The United Arab Emirates is committed to retaining its leading role as a global energy provider through energy diversification including the adoption of renewable energy technologies.
Published on: 11 JAN 2012
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Ban Ki-moon Launching UN’s International Year of Sustainable Energy for All at WFES
The Secretary-General’s return to Abu Dhabi underscores the importance he places on energy issues, most notably his new Sustainable Energy for All Initiative. The Secretary-General has set three objectives for his Initiative to be achieved by 2030: ensure universal access to modern energy services; double the rate of improvement in energy efficiency; and double the share of renewable energy in the global energy mix.
Published on: 11 JAN 2012
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Japanese Minister of Foreign Affairs Tours Masdar & Reaffirms Strong Relationship with Masdar
The Minister of Foreign Affairs was received by Dr. Sultan Ahmed Al Jaber, CEO of Masdar, who provided His Excellency with a comprehensive overview of the company’s progress in developing scalable and commercially viable renewable energy and clean technologies. In addition, his Excellency was updated on the progress of ongoing relationships between Masdar and Japanese companies.
Published on: 09 JAN 2012
