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ADNOC Drilling and Masdar agree to explore geothermal energy opportunities
ADNOC Drilling Company PJSC (“ADNOC Drilling” or “the Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) has signed a five-year Memorandum of Understanding (‘’the MoU’’) with Masdar, one of the world’s leading clean energy companies. Under the MoU, the companies will explore collaboration around development, investment, operations, and projects to responsibly advance the energy transition both in the UAE and globally.
Published on: 21 MAR 2023
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Masdar Chairman Dr. Sultan Al Jaber Calls for ‘Maximum Energy, Minimum Emissions’ to Deliver Global Energy Transition
His Excellency Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate Change and Chairman of Masdar, called for the world to utilize all available energy sources, including renewables and hydrogen, to meet the energy needs of a growing global population.
Published on: 01 NOV 2022
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Abu Dhabi Sustainability Week Hosts First Green Hydrogen Summit in Year of Climate Action for UAE
Abu Dhabi Sustainability Week (ADSW), the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, will hold its first annual Green Hydrogen Summit this year, highlighting green hydrogen’s growing importance in the global drive toward net zero.
Published on: 03 JAN 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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Masdar Achieves Financial Close on Three Solar Projects in Uzbekistan
Financing for the projects is being provided by the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB). The Dutch Entrepreneurial Development Bank, FMO, and ILX are acting as B loan participants.
Published on: 06 APR 2023
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Masdar accelerates green hydrogen ambitions after joining forces with UAE energy champions
Masdar is seeking to become one of the world’s leading players in the growing green hydrogen econpmy, one of the company’s executive directors told Energy Intelligence.
Published on: 09 JAN 2023
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Masdar Expands Presence in US with Completion of Acquisition of Big Beau Project Stake from EDF Renewables North America
Masdar, one of the world’s fastest-growing clean energy companies, has further expanded its presence in the United States’ renewables market after closing the acquisition of a 50 percent stake in a combined solar and battery storage project from EDF Renewables North America.
Published on: 12 APR 2023
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Masdar Signs Agreement with Tanzania’s TANESCO to Develop 2 GW Renewable Energy Capacity
Masdar, one of the world’s leading renewable energy companies, announced that it has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) related to the development of renewable energy projects with a total capacity of up to 2 gigawatts (GW).
Published on: 05 AUG 2022
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Masdar to Support Côte d'Ivoire’s Clean Energy Goals with Development of Solar Power Plant
Masdar, one of the world’s leading clean energy companies, has signed an agreement with the Ministry of Mining, Petroleum and Energy for the Republic of Côte d'Ivoire to explore the development of a solar power plant with a capacity of up to 70 megawatts (MW).
Published on: 10 MAR 2023
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Masdar’s inaugural Green Finance Framework published with highest rating
Masdar has published its inaugural Green Finance Framework (GFF) with a Sustainability Quality Score of SQS1 (Excellent) – the highest rating – from Moody’s Investors Service, its Second Party Opinion provider. This independent assessment is expected to make Masdar’s planned bond offering more attractive to debt capital market investors.
Published on: 03 MAR 2023
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Masdar’s youth leaders attend COP25
A delegation of members from Masdar’s Future Sustainability Leaders and WiSER Pioneers programmes recently participated in the UN Climate Change Conference COP25, in Madrid, Spain.
Published on: 24 DEC 2019
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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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‘Pioneers of Success’ program helps Masdar’s managers reach new heights
As the global leader on the front line of clean energy research, technology, and commercialization, Masdar recognizes the importance of their middle management to the company’s success and the need to transition them to high-performing leaders.
Published on: 29 DEC 2019
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Collaborating for sustainable solutions
Realised through the collaborative efforts and synergy of Masdar’s Energy Services unit, Mubadala and Khazna, the Khazna Solar Car Park project has been energized.
Published on: 11 DEC 2019
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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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Masdar and EDF Renewables agree to partner in eight renewable energy projects in United States
Masdar has announced its second strategic investment in the United States (US) in a deal with EDF Renewables North America that will see it acquire a 50 percent stake in a 1.6-gigawatt (GW) clean-energy portfolio.
Published on: 13 AUG 2020
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CovHack Virtual Innovation Challenge launched to help build resilience in food supply chains
Innovate4Good (I4G), an impact start-up platform, is inviting start-ups, entrepreneurs and other change makers from the MENA region and beyond to register for the CovHack Virtual Innovation Challenge. Running under the theme ‘Circular Economy for Food,’ the challenge aims to discover innovative ways of building resilience in local and global food supply chains in a post COVID-19 world.
Published on: 25 MAY 2020
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Masdar City wins prestigious industry award
Masdar City was recognised as part of the “Building the Future—The Top Real Estate companies in the Middle East 2019 awards organised by Forbes ME, receiving the Best Sustainable Developer Award”, for our pioneering contribution to the sustainable development market. The award was accepted by Yousef Baselaib, Executive Director, Sustainable Real Estate.
Published on: 20 NOV 2019
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Partnerships can help sovereign funds operate as climate-aligned investors
Sovereign wealth funds can leverage partnerships to help them bridge “capability gaps” and operate more effectively as climate-aligned investors, according to a new report from the Organisation for Economic Cooperation and Development (OECD) Development Centre. The report cites Mubadala Investment Company’s Masdar as an example of a company that has made partnerships a “core component” of its investment strategy.
Published on: 22 JUL 2020
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Youth 4 Sustainability hosts Sustainability Ambassadors Programme Orientation Day
Youth 4 Sustainability (Y4S), an initiative that aims to get youth involved in sustainability efforts, held their annual Sustainability Ambassadors Programme Orientation Day at the Abu Dhabi Youth Hub located in Masdar City.
Published on: 16 NOV 2019