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Energy transition accelerating, Masdar CEO tells MEA Energy Week
The pace of transition to clean energy is accelerating, as cheaper prices for renewables helps to make emerging technologies like hydrogen more viable, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said on the opening day of MEA Energy Week, organized by Siemens Energy.
Published on: 19 OCT 2020
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Flying the flag for Siemens Energy at Masdar City
A flag-raising ceremony at Masdar City this morning marked the brand launch of Siemens Energy in the region. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, one of the world’s leading renewable energy companies, attended the ceremony hosted by Dietmar Siersdorfer, Chief Executive Officer of Siemens Energy Middle East and UAE.
Published on: 01 JUL 2020
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Solar and wind account for 67% of New Power Capacity Added Worldwide in 2019: BNEF
Solar and wind power accounted for over two-thirds of the 265GW of new capacity installed worldwide in 2019, up from less than a quarter of new build in 2010, according to data from BloombergNEF. Photovoltaics (PV) topped all other technologies in new-build terms, with a record 118 gigawatts constructed, and was the most popular technology deployed in a third of nations, the research company said.
Published on: 16 SEP 2020
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The Festival to take place in Masdar City’s new Central Park
An expanded edition of The Festival will be held in Masdar City, bringing to a close Abu Dhabi Sustainability Week 2020 – the region’s largest event dedicated to sustainability.
Published on: 16 JAN 2020
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UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, says Minister of Climate Change and Environment
The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier future,” His Excellency said.
Published on: 01 JUL 2020
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UAE’s solar power output set to receive boost from clearer skies during coronavirus crisis
The dramatic drops in air pollution caused by restrictions imposed due to the COVID-19 pandemic could help boost the UAE’s solar power generation, with a number of countries in Europe having already posted record outputs.
Published on: 25 MAY 2020
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ADQ Launches AED1.1billion fund to help start-ups establish headquarters in Masdar City
ADQ, one of the region’s largest holding companies with a diverse portfolio spanning key sectors of Abu Dhabi’s non-oil economy, has launched an AED1.1billion venture fund that will help early-stage businesses set up global or regional headquarters in Masdar City.
Published on: 20 MAY 2020
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AIWF and WiSER sign MoU to drive female participation in sustainability
The London-based Arab International Women’s Forum (AIWF) and Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s outreach platforms, have signed a Memorandum of Understanding (MoU) that aims to inspire women of all ages to play a more active role in addressing global sustainability challenges and to give them better opportunities in science, technology, engineering and mathematics (STEM) disciplines.
Published on: 23 MAR 2021
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Energy transition investment needs to double over next three years to deliver sustainable recovery: IRENA
Doubling global annual investment in the clean-energy transition over the next three years will support a sustainable recovery post-COVID-19 and create an additional 5.5 million jobs, the head of the International Renewable Energy Agency (IRENA) told Masdar employees at a company virtual event.
Published on: 24 SEP 2020
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Masdar achieves first close on 1.6 GW clean energy portfolio in United States from EDF Renewables
Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt (GW) clean-energy portfolio of projects in the United States from EDF Renewables North America.
Published on: 08 FEB 2021
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Masdar acquires 40% stake in Australian waste-to-energy facility
Masdar has made its first investment in Australia after acquiring a 40 per cent stake in the country’s second utility-scale waste-to-energy (WTE) facility. Masdar made the announcement during Abu Dhabi Sustainability Week (ADSW) 2020.
Published on: 14 JAN 2020
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Masdar acquires stake in Hero Future Energies of India
Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries.
Published on: 11 NOV 2019
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Masdar signs MoU promoting education of youth
Masdar, a global leader in sustainability, and the Abdulla Al Ghurair Foundation for Education (AGFE), a leading private philanthropic organisation focused on education, have signed a Memorandum of Understanding (MoU) to collaborate on using their respective youth platforms to advance the development of young people in the UAE.
Published on: 26 APR 2020
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Masdar and EDF establish joint venture ESCO
Abu Dhabi Future Energy Company (Masdar), a subsidiary of Mubadala Investment Company, and French low-carbon electricity leader EDF have signed an agreement to establish a 50:50 joint venture energy services company (ESCO).
Published on: 11 SEP 2019
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Masdar and Tribe to establish joint venture for energy from waste projects in Australia
Masdar and Tribe Infrastructure Group, an infrastructure advisory and development firm, will strengthen their collaboration in the deployment of utility-scale energy-from-waste (EfW) projects by establishing a joint venture in Australia.
Published on: 26 NOV 2020
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Masdar signs strategic agreement with Samruk-Kazyna to explore renewable energy opportunities in Kazakhstan
Masdar and Samruk-Kazyna, the sovereign wealth fund of the Republic of Kazakhstan, have signed a strategic agreement to explore renewable energy opportunities in Kazakhstan and support the country’s clean-energy objectives.
Published on: 25 FEB 2021
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Masdar City hosts Porsche’s Soul Journey
Masdar City was chosen as one of the stops during the Porsche Taycan’s Soul Journey from Dubai to Riyadh in the lead up to the Formula-E Championship that is taking place in Diriyah, Saudi Arabia, from November 22-23, 2019.
Published on: 18 NOV 2019
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Prince Albert of Monaco to deliver keynote address at Abu Dhabi Sustainability Week Summit
H.S.H Prince Albert II of Monaco, Head of State, Principality of Monaco will deliver a keynote address at Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, which runs from 18-21 January 2021 as a reimagined virtual event this year.
Published on: 16 JAN 2021
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Renewables Account for 72% of Global Power Expansion in 2019: IRENA
Renewable power accounted for almost three quarters, 72 per cent, of global power expansion last year, according to data from the International Renewable Energy Agency (IRENA). Solar and wind contributed 90 per cent of the renewable capacity added in 2019.
Published on: 07 APR 2020
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Renewables still competitive regardless of fossil fuel pricing, says Masdar Executive Director
Renewable energy can still present a “valid case” even at current oil and natural gas price levels, and can help support a post-COVID-19 recovery, Yousif Al Ali, Executive Director, Masdar Clean Energy, told Gulf Intelligence.
Published on: 07 JUL 2020
