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Infinity Power Finalizes Acquisition of Lekela Power in Africa’s Biggest Renewable Energy Deal
Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, announced today it has completed the acquisition of the entire shareholding of Lekela Power. The transaction makes Infinity Power the largest renewable energy company on the African continent. Infinity’s key stakeholders include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD).
Published on: 20 MAR 2023
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Shams celebrates 10 years of powering change
Named after the sun, the Shams solar power project has been a shining light in renewable energy in the Middle East since 2013 and Masdar’s first utility-scale solar project in the region is now celebrating its 10th anniversary this week.
Published on: 16 MAR 2023
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Masdar’s first floating solar power plant creates positive ripples in Indonesia
Developed by Masdar and its partners, this feat of engineering will soon deliver renewable energy to 50,000 homes, cut emissions, and create widespread change in communities.
Published on: 02 AUG 2023
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Masdar acquires stake in Montenegro’s first wind farm
Masdar, Abu Dhabi Future Energy Company, today signed a share purchase agreement (SPA) with Akuo Energy, the leading French IPP in renewable energy, to enter into the Krnovo Wind Farm, Montenegro’s first wind energy project.
Published on: 14 JAN 2018
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Masdar-led joint venture completes financing to develop Jordan’s largest solar power project
Masdar, Abu Dhabi Future Energy Company, announced at Abu Dhabi Sustainability Week that the financing of the largest solar power plant in the Hashemite Kingdom of Jordan has been completed.
Published on: 16 JAN 2018
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The plight of climate change demands gender parity
The UAE’s bid to host the 28th session of the Conference of Parties (COP 28) global climate summit in 2023 came with an unequivocal message that gender equality is “inseparable” from achieving a peaceful, prosperous and sustainable future for all.
Published on: 26 JUN 2021
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Africa Primed to Become Global Green Hydrogen Leader, Landmark Masdar Report Finds
Africa could capture as much as 10 percent of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as US$120 billion to the continent’s gross domestic product (GDP), according to a landmark report issued jointly by Masdar and its Abu Dhabi Sustainability Week (ADSW) platform on the sidelines of the 2022 United Nations Climate Change Conference (COP27).
Published on: 11 NOV 2022
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Masdar Empowers Next Generation of Global Sustainability Leaders to Innovate Climate Solutions at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Youth 4 Sustainability (Y4S) initiative convened global industry leaders, regional policymakers, students and young professionals for a series of events to empower youth climate engagement and action on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 17 NOV 2022
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Khaled bin Mohamed bin Zayed Witnesses Signing of Strategic New Energy Partnership between ADNOC, bp and Masdar to Maximize Hydrogen Opportunities in the Energy Transition
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and Chairman of the Executive Committee of the Board of Directors of Abu Dhabi National Oil Company (ADNOC), has witnessed the signing of a partnership between Abu Dhabi National Oil Company (ADNOC), bp and Masdar to progress their strategic new energy partnership through the development of clean hydrogen and technology hubs, maximizing opportunities of the energy transition.
Published on: 24 MAY 2022
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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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President of Turkey visits Masdar
Commending Masdar City and the Masdar Institute of Science and Technology for the great strides they have taken in less than 6 years, His Excellency President Abdullah Gül Said: “Over the years, the Republic of Turkey has enjoyed very strong relations with the UAE; a relationship that is constantly growing through the various joint partnerships that have been forged ever since we established a mission in the UAE in 1979.”
Published on: 29 JAN 2012
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UAE announces new agreements under US$50m Caribbean Renewable Energy Fund
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and funding agreements for the Dominican Republic, Haiti, Guyana, Grenada, Saint Kitts and Nevis, Trinidad and Tobago, and Suriname.
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Zayed Future Energy Prize Announces Winners
His Highness said: “The Zayed Future Energy Prize has become a beacon of light, stimulating thinkers and creators while encouraging the world to accelerate innovation in renewable energy and sustainability. This Prize is a clear manifestation of the vision of the late founding father of the United Arab Emirates, Sheikh Zayed bin Sultan Al Nahyan - who placed a priority on investing in human capital and the preservation of our natural resources for generations to come.”
Published on: 16 JAN 2012
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Zayed Future Energy Prize Opens Submissions for 2013 Edition
The Prize will invite entries from companies, individuals, organizations and high schools prior to the deadline to submit – July 16, 2012, for a chance to win part of the US$4 million prize fund. The scope of the Prize has also been broadened to include five distinct categories: Large Corporations, Small and Medium Enterprises (SMEs), Non-Governmental Organizations (NGOs), Lifetime Achievement, and the newly instituted Global High School Prize.
Published on: 03 MAR 2012
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Masdar signs agreement to explore export of renewable energy from Indonesia to Singapore
Masdar, one of the world’s leading renewable energy companies, announced today that it has signed a Memorandum of Understanding (MoU) with Singapore’s Tuas Power, France’s EDF Renewables, and PT Indonesia Power to explore the development of renewable energy within Indonesia for export to Singapore.
Published on: 18 JAN 2022
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Innovation Month 2021: How Masdar City is supporting the UAE as a power hub of innovation
Masdar City, Abu Dhabi’s flagship sustainable urban development, is today home to more than 900 organizations – ranging from international giants to home-grown start-ups – that are developing innovative technologies in the areas of energy, space and artificial intelligence to address the world's most critical sustainability challenges.
Published on: 24 FEB 2021
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Abu Dhabi Sustainability Week returns in January 2022 to advance global sustainability agenda
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, will be held from January 15 to 19, 2022.
Published on: 12 DEC 2021
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Masdar Empowers Next Generation of Global Sustainability Leaders to Innovate Climate Solutions at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Youth 4 Sustainability (Y4S) initiative convened global industry leaders, regional policymakers, students and young professionals for a series of events to empower youth climate engagement and action on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 17 NOV 2022
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Securing the UAE's food supply for future generations
The global COVID-19 pandemic has intensified the threat of food security worldwide, with the United Nations World Food Programme (UN WFP) forecasting that more than a quarter of a billion people will face food poverty by the end of 2020.
Published on: 27 MAY 2020
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2020 marks start of ‘decade of action’ UAE and international policymakers declare ahead of ADSW 2020
2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared today ahead of Abu Dhabi Sustainability Week (ADSW).
Published on: 06 JAN 2020
