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Masdar and ENGIE form US$5 billion strategic alliance to help drive UAE’s green hydrogen economy
ENGIE and Masdar, one of the world’s fastest-growing renewable energy companies, announced today that they have signed a strategic alliance agreement to explore the co-development of a UAE-based green hydrogen hub. The two companies are looking to develop projects with a capacity of at least 2 GW by 2030, with a total investment in the region of US$5 billion.
Published on: 03 DEC 2021
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Abu Dhabi invests US$100 million in agricultural technology companies to secure food supply chains, Bloomberg reports
The Abu Dhabi Investment Office (ADIO) has made agreements with agricultural technology companies, including Madar Farms, to deliver research and development and food production facilities in the emirate, Bloomberg reported. Authorities invested US$100 million in the companies, which also include AeroFarms and RNZ, as they look to build vertical farms to secure supply chains in reaction to the COVID-19 pandemic, the news organization said.
Published on: 09 JUL 2020
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Masdar City named world’s most sustainable city
Masdar City has been named the world’s most sustainable city by Cityscape Intelligence. Abdulla Ahmed Balalaa, Acting Executive Director for Sustainable Real Estate at Masdar, was also recognized by the business intelligence firm as one of the one of the most influential figures for sustainable real estate in the Middle East and North Africa (MENA) region.
Published on: 27 APR 2021
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Masdar celebrates groundbreaking on 230 MW solar plant in Azerbaijan and signs four new project agreements
Masdar, one of the world’s leading renewable energy companies, has announced the formal start of construction for its 230-megawatt (MW) Garadagh Solar PV Plant in Azerbaijan
Published on: 16 MAR 2022
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Masdar commits to support Ethiopia’s solar energy objectives
Masdar, one of the world’s leading renewable energy companies, and the Government of the Federal Democratic Republic of Ethiopia are exploring the development of solar power projects with a total capacity of 500 megawatts (MW) and related grid infrastructure across Ethiopia.
Published on: 18 MAR 2021
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UAE supports first Tashkent International Investment Forum
His Excellency Suhail Al Mazrouei, Minister of Energy and Infrastructure for the UAE, and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, took part in a panel discussion on “Green Energy for Future Generations,” as part of the first Tashkent International Investment Forum (TIIF), held in Uzbekistan’s capital last month.
Published on: 04 APR 2022
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Masdar enters strategic agreement with Emirates NBD Asset Management to provide services for UAE’s first ‘green’ REIT
Masdar, a subsidiary of Mubadala Investment Company and a pioneer in sustainable urban development, has partnered with Emirates NBD Asset Management to receive management services for the UAE’s first sustainable real estate investment trust – the Masdar Green REIT. Together, Masdar Capital Management (a recently established FSRA Regulated Fund Manager) and Emirates NBD Asset Management bring significant experience and expertise in sustainable real estate and property asset management to the partnership.
Published on: 20 JAN 2021
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Masdar enters strategic agreement with Malaysia’s PETRONAS to explore renewable energy opportunities in Asia
Masdar has signed a Memorandum of Understanding (MoU) with PETRONAS, a global energy and solutions company, to explore renewable energy opportunities across Asia and beyond.
Published on: 11 MAR 2021
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Masdar joins vital-industry leaders to launch COVID-19 Task Force
Masdar, Emirates Global Aluminium, Bee’ah, and DP World today announced the launch of the Vital Industry COVID-19 Task Force, a coalition of industrial companies operating across the United Arab Emirates, to share best practices on the management of the global pandemic.
Published on: 08 JUN 2020
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Masdar City Unveils its First Eco-Villa
Masdar City, Abu Dhabi’s urban innovation ecosystem, today launched a new concept for sustainable villas that generate enough solar energy to power the homes year-round. The eco-villas are designed to accommodate future population growth and meet a growing demand for sustainable family homes.
Published on: 21 APR 2015
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Masdar Advises Workers How to Stay Safe in the Summer Heat
Masdar has provided advice and awareness for workers employed on projects in Masdar City as part of the contractor management program, on how to stay healthy and safe during high summer temperatures as part of its heat stress safety awareness campaign, launched this week.
Published on: 20 JUN 2015
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Mexican President Visits Masdar City During ADSW 2016
His Excellency Enrique Peña Nieto, President of Mexico, yesterday paid a special visit to Masdar City – Masdar’s greenprint for one of the world’s most sustainable urban developments. He was received by Dr Ahmad Belhoul, Masdar’s CEO, who outlined Masdar’s role in constantly pushing the boundaries to keep improving the commercial viability of renewable energy, while simultaneously diversifying Abu Dhabi’s economy and extending the Emirate’s leadership in the energy sector.
Published on: 18 JAN 2016
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Masdar and Envyron Energy, collaborate on plastic to fuel technology
Masdar (Abu Dhabi Future Energy Company) is collaborating with Envyron Energy, a subsidiary of Alliances for Global Sustainability, to advance plastic-to-fuel technology, it was announced today at Abu Dhabi Sustainability Week, one of the world’s largest sustainability gatherings.
Published on: 15 JAN 2018
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Global leaders discuss key issues shaping global energy transformation at ADSW 2018
Leaders of policy, business and academia convened today following the Opening Ceremony of Abu Dhabi Sustainability Week (ADSW) for a series of High Level Panel discussions about themajor social, economic and environmental trends shaping the global energy transformation.
Published on: 15 JAN 2018
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Masdar City’s Etihad Eco-Residence Wins Emirates Green Building Council MENA Green Building Award 2018
Masdar City’s Etihad Eco-Residence has won the Green Residential Building award at the Emirates Green Building Council (EmiratesGBC) Middle East and North Africa (MENA) Green Building Awards 2018. A team from Multiplex Constructions LLC, which built the complex, accepted the award for the Masdar-developed project at a recent ceremony in Dubai.
Published on: 10 JUN 2018
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Masdar signs collaboration agreement to develop major wind power portfolio in Egypt
Masdar, Abu Dhabi Future Energy Company, has signed a collaboration agreement to deliver a wind power portfolio of more than 800 megawatts (MW) in Egypt alongside Elsewedy Electric and Marubeni Corporation. The signing took place in the presence of HE Wael Gad, Ambassador of Egypt to the UAE, during Abu Dhabi Sustainability Week.
Published on: 18 JAN 2018
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MOUs Signed with ADNOC and Saudi Aramco
Saudi Arabian Oil Company (Saudi Aramco) today signed two separate Memorandums of Understanding with Abu Dhabi National Oil Company (ADNOC) and with Masdar, Abu Dhabi’s renewable energy Company, covering energy and technology collaboration, renewables, and carbon management.
Published on: 01 APR 2017
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800MW third phase of Mohammed bin Rashid Al Maktoum Solar Park reaches financial close
The financing for Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has been completed. This marks the latest significant milestone for the Masdar-led consortium, with EDF Group’s subsidiary, EDF Energies Nouvelles, which is developing the 800-megawatt (MW) project in partnership with Dubai Electricity and Water Authority (DEWA).
Published on: 14 JUN 2017
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Zayed Future Energy Prize expands global reach in record year for entries
The Zayed Future Energy Prize has closed submissions for its 10th cycle with a record of 2,296 entries – a 37 percent increase compared to 2016. Nominations for the Large Corporation and Lifetime Achievement categories yielded 1,113 entries, while the remaining 1,183 submissions were for Small & Medium Enterprise, Non-Profit Organisation, and Global High Schools categories.
Published on: 16 JUL 2017
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Masdar and Bee’ah to Partner on Waste-to-Energy Initiatives
Masdar has signed a strategic partnership agreement with Sharjah’s environment company “Bee’ah” – the Middle East’s leading award-winning fully integrated environment and waste management company – to develop the UAE’s waste to energy sector.
Published on: 19 JAN 2016
