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Middle East’s First Commercial-Scale Carbon Capture Company Unveiled at ADIPEC
Abu Dhabi National Oil Company (ADNOC) and Masdar today unveiled “Al Reyadah” –the Middle East’s first specialized company focused on exploring and developing commercial-scale projects for carbon capture, usage and sequestration (CCUS).
Published on: 09 NOV 2014
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A High-level Delegation Visits Shams 1 Solar Plant
Ambassadors from 18 countries recently visited Shams 1 – a 100-megawatt solar-thermal project located in Abu Dhabi’s Western Region. The tour of Shams 1 was part of a broader visit to the region organized and hosted by the Ruler's Representative Court in the Western Region.
Published on: 21 DEC 2014
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Solar Impulse 2 Arrives in Abu Dhabi
Solar Impulse 2 (Si2), the world’s first solar-powered plane able to fly day and night without a drop of fuel, arrived in Abu Dhabi by cargo plane from Switzerland. Si2’s crew of 80 technicians, engineers and a communications team will spend the next week re-assembling the giant plane and readying it for public display this month at Abu Dhabi Sustainability Week (ADSW) in advance of its March take-off on its round-the-world flight.
Published on: 10 JAN 2015
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Abu Dhabi Sustainability Week 2015 Kicks Off UAE’s ‘Year of Innovation’
Abu Dhabi Sustainability Week (ADSW) is the first major event of 2015 reinforcing the UAE’s ‘Year of Innovation’ – a federal initiative promoting innovation as a strategic pathway to strengthen the country’s economy and global competitiveness. The yearly platform, January 17-24, directly supports the federal innovation strategy by promoting technology and attracting investment in priority sectors, including renewable energy, transportation, water and education.
Published on: 11 JAN 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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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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Tony Blair addresses UAE-UK Hosted Climate Finance Roundtable in New York City
“The finance sector is an indispensable partner in the future success of clean energy,” said Mr. Tony Blair, former Prime Minister of the United Kingdom. “During the time that I have worked to advance solutions to climate change I have seen an important shift from high level policy discussions to practical solutions on the ground.” He pointed to the UAE as one of the leaders in this transition.
Published on: 26 SEP 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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HRH, the Duke of York opens Masdar Building at the University of Manchester
Abu Dhabi, United Arab Emirates; December 11, 2018 – Masdar, the Abu Dhabi Future Energy Company, has hailed the official opening of the Masdar Building, which houses The University of Manchester’s Graphene Engineering Innovation Centre (GEIC), as an important step forward in its commitment to advancing clean-tech innovation around the world.
Published on: 11 DEC 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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Financing commitments mark critical milestone in development of Bee’ah’s and Masdar’s Sharjah waste-to-energy facility
Abu Dhabi Future Energy Company, Masdar, and Bee’ah, the UAE’s leading environmental management company, have secured financing commitments for the Sharjah Multi-Fuel Waste-to-Energy Facility, the flagship project of Emirates Waste to Energy, a joint venture between the two companies launched in May 2017.
Published on: 17 JAN 2018
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Masdar participates in Armenian Summit of Minds
Yousif Al Ali, Acting Executive Director, Clean Energy, and Yousef Baselaib, Executive Director, Sustainable Real Estate, represented Masdar during the Armenian Summit of Minds held this week in the town of Dilijan and hosted by Armenian President Armen Sarkissian.
Published on: 12 JUN 2019
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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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Zayed Sustainability Prize 2020 submissions up 13 per cent
Following its 11th annual awards ceremony, held in January, the Zayed Sustainability Prize, the UAE's pioneering global award in sustainability, entered a four-month submissions phase for the 2020 awards, which closed on 30th May with a record 2,373 completed submissions; a 13 per cent increase over the previous year.
Published on: 26 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
