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Red Sea Global announces Amaala Multi-utilities Concession Agreement
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, Amaala and The Red Sea, has entered into a 25-year concession agreement with the French multinational electric utility company EDF (Électricité de France) and leading clean energy company Masdar on a multi-utilities infrastructure facility to service the Amaala destination.
Published on: 11 SEP 2023
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Y4S hosts climate debate at Expo 2020 Dubai
Y4S Climate Talk, a new debate series on climate change by Youth 4 Sustainability (Y4S), held its first physical event at the Youth Pavilion at Expo 2020 Dubai this month.
Published on: 07 JAN 2022
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Masdar Marks Roadmap to US$3 billion Green Bond Offering at London Stock Exchange
Masdar has today marked the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes at London Stock Exchange (LSE).
Published on: 07 AUG 2023
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Serbian wind project wins award
Masdar's Wind Farm project in Serbia, Čibuk 1, has been named as the European Onshore Wind award winner at the prestigious IJGlobal Awards 2018 held in London, UK.
Published on: 03 APR 2019
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UAE clean energy pioneer Masdar to showcase nation’s renewables leadership with prominent presence at COP28
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy pioneer, is gearing up to support the nation’s renewable energy ambitions and leadership at the 2023 United Nations Climate Change Conference (COP28).
Published on: 14 SEP 2023
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Masdar looks to expand floating solar portfolio in Asia Pacific Asia Power interview
As Masdar moves ahead with construction of its Cirata floating solar power plant in Indonesia, the company is looking to develop its floating solar portfolio in the Asia-Pacific region, Masdar President Director for Indonesia, Fatima Al Suwaidi, said this week in an interview with Asian Power.
Published on: 29 APR 2022
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Renewables accounted for 81% of 2021 capacity additions, IRENA says
Renewable energy maintained its growth momentum in 2021 despite global uncertainties, accounting for 81 percent of total capacity expansion last year, according to the latest report from the International Renewable Energy Agency (IRENA).
Published on: 18 APR 2022
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ADFD and Masdar Drive Forward Seychelles’ Energy Independence and Sustainability Initiative with 5 MW Solar PV Plant and Energy Storage System
The Republic of Seychelles moved a step closer to realizing its clean energy ambitions with the inauguration of a UAE-funded 5-megawatt (MW) solar photovoltaic (PV) plant with battery storage, the second clean-energy project in the African island nation.
Published on: 12 DEC 2022
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Masdar-Egypt clean energy projects demonstrating way forward for Africa
As world leaders gather in Sharm El-Sheikh, Egypt, for the UN Climate Change Conference – better known as COP27 – Masdar, Abu Dhabi’s flagship renewable energy company, is demonstrating how Egypt and other African nations can drive decarbonization efforts.
Published on: 08 NOV 2022
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Act now to halve emissions by 2030, says IPCC
A reduction in the growth rate of global greenhouse gas emissions provides a short window of opportunity to limit the maximum temperature increase to 1.5°C (2.7°F) by 2025, and avoid the more catastrophic effects of climate change, scientists have stated in the latest Intergovernmental Panel on Climate Change (IPCC) report.
Published on: 11 APR 2022
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Accelerate action on climate change before time runs out to secure our future, IPCC warns
Human-induced climate change is already causing dangerous and widespread disruption in nature, affecting the lives of billions of people around the world, and time is running out to prevent its most serious consequences, according to scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report, released this week.
Published on: 04 MAR 2022
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Human activity ‘unequivocally’ causing climate change – and we can still influence it, IPCC says in latest report
Human activities are ‘unequivocally’ the cause of the climate crisis, according to the latest report from the Intergovernmental Panel on Climate Change (IPCC), the world’s leading authority on climate science.
Published on: 09 NOV 2021
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Masdar named Future Energy Leader of the Year at Hydrogen Future Award
Masdar has been recognized as Future Energy Leader of the Year at an awards event in Dubai yesterday. Mohammad Abdelqader El Ramahi, Director, Asset Management and Technical Services, Masdar, received the award on behalf of the company at the Hydrogen Futures Award.
Published on: 31 MAR 2022
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UAE fast-tracking low-carbon economic growth, Masdar Chairman tells Climate Week
The United Arab Emirates is fast-tracking low-carbon economic growth to deliver new jobs, new industries and new revenue streams, according to Dr Sultan bin Ahmed Al Jaber, the UAE’s Minister of Industry and Advanced Technology, Special Envoy for Climate Change, and Chairman of Masdar.
Published on: 04 APR 2022
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Masdar wins Innovator of the Future award at Arabian Business Awards
Masdar has been named ‘Innovator of the Future’ for the energy sector at the annual Arabian Business Awards, triumphing over a shortlist that also included Acwa Power, TAQA and ENGIE, in an event that the magazine described as the region’s “first-ever industry Oscars.”
Published on: 28 JAN 2022
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Masdar, EDF Renewables and Nesma Renewable Energy Win Bid for 1,100MW Solar IPP Project in Saudi Arabia
Abu Dhabi Future Energy Company PJSC – Masdar, EDF Renewables and Nesma Company have signed a Power Purchase Agreement (PPA) with the Saudi Power Procurement Company (SPPC) to develop the 1,100 MW Al Henakiyah solar power plant. Once operational, it is expected that the project will power more than 190 thousand homes per year and displace more than 1.8 million tonnes of carbon dioxide annually.
Published on: 07 NOV 2023
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Masdar Opens New Office in Saudi Arabia
Masdar, one of the world’s fastest-growing renewable energy companies, has pledged to strengthen its support for Saudi Arabia’s clean energy objectives, with the opening of a new dedicated office in the Kingdom. Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co. (SPPC) for wind and solar projects with a combined capacity of 3.3 gigawatts (GW).
Published on: 28 OCT 2022
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UAE President, Egyptian counterpart witness signing of agreement to develop one of world’s largest onshore wind projects in Egypt
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Abdel Fattah El Sisi of Egypt witnessed the signing of an agreement between Masdar, one of the world’s fastest-growing renewable energy companies, along with its Infinity Power joint venture with Infinity, Egypt’s main renewable energy developer, and Hassan Allam Utilities, to develop a 10-gigawatt (GW) onshore wind project in Egypt – one of the largest wind farms in the world.
Published on: 08 NOV 2022
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How Masdar has backed Uzbekistan’s bold energy transition from the start
From the beginning, Masdar has been supporting Uzbekistan's bold energy transition. Today, the Central Asian nation is home to some of the region's largest wind and solar programs, under development.
Published on: 20 NOV 2023
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ACWA Power, Masdar and SOCAR team up for 500MW renewable energy projects in Azerbaijan
Two of the largest independent power producers in the region and an integrated national oil and gas company of the Republic of Azerbaijan will jointly develop renewable energy projects in Nakhchivan to expedite decarbonization goals.
Published on: 08 NOV 2023