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UAE launches US$50 million renewable energy fund for the Caribbean
The United Arab Emirates (UAE) today announced a landmark new US$50 million grant fund for renewable energy projects in Caribbean island countries. Launched by HE Reem Al Hashimy, Minister of State for International Cooperation, the UAE-Caribbean Renewable Energy Fund represents one of the largest-ever single investments in the region's clean energy sector, as well as a significant deepening of bilateral relationships between the UAE and Caribbean countries.
Published on: 16 JAN 2017
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Masdar and Statoil collaborate to explore potential of battery storage solution at Hywind Scotland
Masdar, Abu Dhabi Future Energy Company, has announced the signing of a collaborative agreement with Norwegian multinational oil and gas company Statoil to analyse data from “Batwind” – the integrated energy storage system designed to store energy generated by Hywind Scotland, the first commercial-scale floating wind farm that was inaugurated by the two companies last October – and explore the battery’s potential for further applications and business opportunities.
Published on: 16 JAN 2018
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Cepsa and Masdar join forces to expand their renewables businesses internationally
Cepsa, a global energy company with more than 85 years’ experience, and Masdar, Abu Dhabi Future Energy Company, an international leader in renewables and sustainable urban development, have signed a Memorandum of Understanding (MOU) to explore renewable energy project collaboration, especially wind and solar. Cepsa and Masdar aim to expand their international presence in the renewable energy market through the signing of this agreement.
Published on: 18 JAN 2018
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PT Pembangkitan Jawa-Bali and Masdar sign PDA for 200MW floating solar PV Plant
Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of the state electricity company Perusahaan Listrik Negara (PLN), and Masdar, Abu Dhabi Future Energy Company, signed today a project development agreement (PDA) for the world’s largest floating solar photovoltaic (PV) power plant.
Published on: 27 NOV 2017
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Hundreds of runners to participate in Masdar City sponsored Environmental Marathon
Abu Dhabi’s sustainable urban community Masdar City will host an estimated 300 runners this Friday for the “Environmental Marathon” organised by Environment Friends Society. Open to men, women, children and people of determination, the 3km road race is free to enter and perfect preparation for the Special Olympics XI MENA taking place in the UAE later this month. Every participant will be pledging their commitment to protecting the environment.
Published on: 10 MAR 2018
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Masdar celebrates fifth anniversary of flagship Middle East solar energy project Shams 1
Shams Power Company, the developer, owner and operator of the UAE’s first large-scale solar power project, Shams 1, is celebrating five years of uninterrupted electricity generation at the plant this month.
Published on: 20 MAR 2018
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Masdar City to Showcase Investment Opportunities During Cityscape Abu Dhabi
Masdar City representatives will showcase the city’s attractive investment opportunities during Cityscape Abu Dhabi, the Emirates’ foremost real estate event held April 22-24 at the Abu Dhabi National Exhibition Centre.
Published on: 20 APR 2014
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Masdar concludes Power Purchasing Agreement to build Jordan’s largest solar power plant
Masdar, Abu Dhabi’s renewable energy company, has completed a key step in the development of the largest solar power plant in the Hashemite Kingdom of Jordan. The Power Purchasing Agreement (PPA) for a 200-megawatt (MW) photovoltaic (PV) plant was signed today by Mohamed Al Ramahi, Chief Executive Officer of Masdar, and Abdul Fattah Daradkeh, Chief Executive Officer of National Electric Power Company, Jordan’s state electricity provider, at a ceremony in Amman attended by His Excellency Dr Hani Al Mulqi, Prime Minister of Jordan.
Published on: 23 OCT 2016
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Phase 3 of MBR Solar Park in Dubai wins Solar Project of the Year 2018 at the Asian Power Awards
The third phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai has been awarded Solar Project of the Year 2018 at the Asian Power Awards in Jakarata. Ian Warrilow, President and Country Manager of Mubadala Petroleum, accepted the award on behalf of Masdar (Abu Dhabi Future Energy Company), a partner in Shua’a Energy 2, the project company developing Phase 3.
Published on: 20 OCT 2018
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Masdar and Bee’ah reach financial close on UAE’s first waste-to-energy facility
Masdar (Abu Dhabi Future Energy Company) and leading environmental management company Bee’ah have completed the financing of a US$220 million waste-to-energy (WTE) plant in Sharjah, the UAE’s first.
Published on: 22 OCT 2018
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Masdar City Launches Autonomous Vehicle Service
Masdar City, Abu Dhabi’s flagship sustainable urban development, has embarked on the next phase of its sustainable mobility network with today’s formal unveiling of its first NAVYA autonomous vehicle.
Published on: 22 OCT 2018
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HRH The Prince of Wales Visits Masdar City
Abu Dhabi, UAE, 7 November 2016 – Today, His Royal Highness Prince Charles, the Prince of Wales, was given a tour of Masdar City, where he took part in a Youth Circle organised by the Emirates Youth Council. The visit was part of a tour of the region, which builds on the longstanding relationship between the UAE and the UK.
Published on: 07 NOV 2016
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ADSW 2017 to convene first Advisory Council as renewable energy industry enters new phase of growth
Abu Dhabi, UAE, November 24, 2016: Abu Dhabi Sustainability Week (ADSW), the Middle East’s largest gathering on sustainability, will host an elite group of industry experts to advise on the event’s continued success in translating the global mandate for renewable energy and clean technologies into concerted policy and business action.
Published on: 23 NOV 2016
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IFC appointed to oversee funding of Jordan’s largest solar power project
Masdar, Abu Dhabi’s renewable energy company, has selected International Finance Corporation (IFC), a member of the World Bank Group, to oversee the funding of the largest solar power plant in the Hashemite Kingdom of Jordan, a 200-megawatt (MW) photovoltaic facility being developed by the wholly owned Masdar subsidiary Baynouna Solar Energy Company (BSEC).
Published on: 17 JAN 2017
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Masdar Reaffirms that Renewables are Here to Stay at New York Summit
“Despite low oil prices, the trend toward lower-cost renewable energy will continue in the Middle East and North Africa (MENA) region as business confidence grows in the sector’s potential and countries adopt increasingly favourable regulations,” said Bader Al Lamki, Executive Director of Masdar Clean Energy.
Published on: 05 APR 2016
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Free Zone encouraging entrepreneurship and Abu Dhabi private sector growth
Masdar City in Abu Dhabi, one of the world’s most sustainable urban developments, is widely associated with the Masdar Institute of Science and Technology, the world’s first graduate-level university focused on advanced energy and sustainable technologies.
Published on: 06 APR 2016
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Masdar City to test latest concepts in autonomous vehicles
Masdar, ICONIQ Motors, a China-based electric vehicle company, and its strategic partner Safe City Group today signed a Memorandum of Understanding to test the latest autonomous driving concepts at Masdar City.
Published on: 14 JAN 2018
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Autonomous vehicle specialist NAVYA to realise expansion of Masdar City sustainable mobility networ
Following the results of a global industry competition launched at Abu Dhabi Sustainability Week last year, Masdar, Abu Dhabi Future Energy Company, has selected autonomous vehicle producer NAVYA as the most technically and commercially qualified contestant for the next phase of the mobility network of Masdar City.
Published on: 15 JAN 2018
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Masdar and Al Hussein Technical University to advance research and development of energy and sustainability
Masdar, Abu Dhabi Future Energy Company, has entered into a collaborative research agreement with Al Hussein Technical University (HTU) of Jordan, a leading applied engineering, teaching and research institution, to help build human capital and advance the development of sustainable technologies in Jordan’s critical economic sectors.
Published on: 16 JAN 2018
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Masdar City Free Zone showcases impressive growth at Global Manufacturing Summit 2017
Masdar City, one of the world’s most sustainable urban developments, is showcasing its emergence as a clean-tech cluster at the Global Manufacturing and Industrialisation Summit 2017, taking place from March 27-30 at the Paris-Sorbonne University in Abu Dhabi.
Published on: 28 MAR 2017