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Masdar and Presight Sign Agreement to Develop AI Asset Management Tool
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with Presight, the region’s leading big data analytics company powered by generative artificial intelligence (AI), to develop an asset management tool for its renewable energy projects around the globe.
Published on: 15 OCT 2024
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Masdar and EMSTEEL Announce Successful Pilot Project Using Green Hydrogen to Produce Green Steel
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and EMSTEEL, the UAE’s largest publicly listed steel and building materials company, have announced the successful completion of a pilot project demonstrating the use of green hydrogen to produce green steel.
Published on: 28 OCT 2024
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EDF Group and Masdar-Led Consortium Achieves Financial Close on its Multi-Utilities Infrastructure Facility at AMAALA Tourism Destination In KSA
The consortium led by EDF Group and Masdar, alongside their partners Korea East-West Power Co. (EWP) and SUEZ, announced today that it has reached the financial close for its multi-utilities infrastructure facility at AMAALA. The overall project build cost is approximately 1.5 billion USD. Developed by Red Sea Global, AMAALA is a new destination with wellness at its core, nestled along the Red Sea coast of the Kingdom of Saudi Arabia and expected to start welcoming guests in 2025.
Published on: 31 OCT 2024
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Masdar Arlington Energy breaks ground on two UK sites as part of £1 Billion Battery Energy Storage System Investment
Masdar Arlington Energy, a subsidiary of Abu Dhabi Future Energy Company PJSC – Masdar, has broken ground at the sites of two new battery energy storage system (BESS) projects in the UK.
Published on: 27 FEB 2024
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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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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 finalizes joint investment in 3GW UK Offshore Wind Project
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 percent shareholding in the 3 gigawatt (GW) Dogger Bank South (DBS) project – one of the world’s largest planned offshore wind farms.
Published on: 29 FEB 2024
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Tokyo Gas and Osaka Gas join Masdar and INPEX in a feasibility study to produce e-methane in Abu Dhabi, UAE
Abu Dhabi Future Energy Company PJSC – Masdar (Masdar), INPEX CORPORATION (INPEX), Tokyo Gas Co., Ltd. (Tokyo Gas) and Osaka Gas Co., Ltd. (Osaka Gas) announced they have signed a collaboration agreement to conduct a joint feasibility study on e-methane1 production in Abu Dhabi in the United Arab Emirates (UAE).
Published on: 23 JAN 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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Farmers in Senegal harvest benefits of Masdar wind farm
Farmers in Taiba N’Diaye, Senegal, are able to harvest crops during the dry season and sell produce at a revamped local market, thanks to Masdar.
Published on: 29 JAN 2024
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Masdar reaches close on financing for 476MW Baltic Eagle Offshore Wind Project
Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, has achieved close on the financing of its 49 percent shareholding in the 476MW Baltic Eagle wind farm, located in the Baltic Sea off the coast of Germany.
Published on: 15 MAR 2024
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Masdar to explore the development of large-scale pumped storage hydro in Uzbekistan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with JSC Uzbekhydroenergo, Uzbekistan’s state-owned hydroelectric power producer, to assess the feasibility of several pumped storage hydro projects in the country.
Published on: 15 MAR 2024
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Masdar Signs Agreement to Develop 1GW Mingbulak Wind Farm in Uzbekistan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and the Ministry of Energy Uzbekistan have signed an agreement to develop a 1-gigawatt (GW) wind farm in the Mingbulak region of the country.
Published on: 13 NOV 2024
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Masdar and Silk Road Fund Sign Co-investment Agreement for Renewable Energy Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and China’s Silk Road Fund (SRF) have signed a Memorandum of Understanding (MoU) to explore potential co-investment opportunities in renewable energy projects in Belt and Road Initiative (BRI) countries, primarily in the developing world and global south.
Published on: 22 NOV 2024
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Masdar signs Power Purchase Agreement for its 1GW Wind Farm in Kazakhstan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Power Purchase Agreement (PPA) with the Financial Settlement Centre for Renewable Energy Sources Support LLP for its 1GW wind farm in the Jambyl region of Kazakhstan.
Published on: 16 NOV 2024
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Masdar harnesses power of AI to protect birds of prey at Zarafshan wind farm
Wind farms can represent a real risk for birds of prey but thanks to the power of AI, Masdar is helping to protect them against the risk of colliding with turbines at the 500MW Zarafshan wind farm in Uzbekistan.
Published on: 16 NOV 2024
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Masdar, Sarawak Energy and Gentari to Assess Large-Scale Floating Solar Project in Malaysia
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Joint Study Agreement with Malaysia’s Sarawak Energy and clean energy solutions provider, Gentari, to assess the feasibility of a floating solar power plant at the reservoir of Murum Hydroelectric Plant in the state of Sarawak, Malaysia.
Published on: 06 NOV 2024
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President of Azerbaijan Breaks Ground on Masdar 1GW Solar and Wind Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse and SOCAR, the State Oil Company of Azerbaijan, have broken ground on three major solar and wind projects in Azerbaijan with a capacity of 1 gigawatt (GW).
Published on: 05 JUN 2024
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Emerge signs agreement with AJ Steel Pipes for 3MWp solar rooftop PV plant
Emerge, a joint venture between Masdar and EDF Group, has signed an agreement to install a 3MWp rooftop solar PV plant for leading UAE steel pipe manufacturer and exporter, AJ Steel Pipes.
Published on: 06 JUN 2024
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Masdar to Host Second Green Hydrogen Summit to Advance Clean Fuels Sector Globally
Abu Dhabi Future Energy Company PJSC – Masdar will host the second annual Green Hydrogen Summit on April 16, 2024, as part of the World Future Energy Summit, to accelerate the development of the global green hydrogen economy and support the energy transition.
Published on: 08 APR 2024
