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Utilities in the Modern Era Embracing a New Business Model
Historically, electric utilities were large, publicly owned entities, operating in a highly regulated environment, whose main function was to ensure the consistent and regular delivery of electricity. Recent advancements in digitalisation, however, and an increase in renewable energy and distributed generation, are challenging the traditional utility business model.
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Construction completed on UAE’s first waste-to-energy plant
Construction has been completed on the Sharjah Waste to Energy plant, the first such facility in the UAE, with the project now entering the testing phase.
Published on: 10 MAY 2022
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Masdar City featured in new Astronauts talent show
The Dubai TV channel has recently launched a new programme called Astronauts, where 12 budding cosmonauts compete in challenge-based activities to determine the best candidate to become an astronaut.
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Masdar City receives ‘Visionaries’ Award at Energy Efficiency Global Forum, USA
This year’s EE Global Forum was the fifth annual gathering of discussions on how to increase energy efficiency through technological breakthroughs and policy advances. Masdar City was selected by the Forum’s International Steering Committee, comprising of high-level energy efficiency professionals from across the world, including: President of Schneider Electric U.S., Jeff Drees; United States Senate members Mark Warner and Jeanne Shaheen; Senior Vice President and Global Head, Efficiency and Sustainability, Building Technology, Siemens Industry Inc, Robert J. Dixon; and US House of Representatives members Edward Markey and Paul Tonko. The committee also comprised of several other prominent members from North America, Europe, Africa, Middle East, Asia Pacific and Latin Americas.
Published on: 31 MAR 2012
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Sharjah Waste-to-Energy project wins Middle East Energy Award
The Sharjah Waste to Energy Project has won the Clean Energy Initiative of the Year Award 2019 at the Middle East Energy Awards.
Published on: 19 SEP 2019
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Masdar City Supports UAE’s Carbon Neutrality Goals with New Masdar City Square
Abu Dhabi, United Arab Emirates; June 24, 2022: Masdar City, a world-class technology and innovation hub and a pioneering sustainable community in Abu Dhabi, along with its consulting partners Woods Bagot and Faithful+Gould, has advanced its contribution to the UAE Net-Zero by 2050 Strategy with the groundbreaking ceremony of its latest development – the Masdar City Square (MC2).
Published on: 24 JUN 2022
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COP28 represents “unprecedented opportunity” to highlight economic potential of climate action, says Masdar CEO
The United Arab Emirates’ bid to host the COP28 global climate summit will help to highlight the economic benefits of climate action, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi told CNBC. Masdar “will do everything we can to support the UAE government in making this a reality,” he stated.
Published on: 26 MAY 2021
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Masdar, Mitsubishi Chemical Group and INPEX Explore Setting Up World’s First Commercial-Scale Polypropylene Production Using Green Hydrogen and CO2
Flagship UAE and Japanese firms join forces to explore setting up world’s first commercial-scale e- polypropylene production in Abu Dhabi
Published on: 18 JUL 2023
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UAE flagship renewable energy company Masdar launches first US$750 million 10-year Green Bond
Net proceeds will be used to invest exclusively in new clean energy projects in connection with the company’s Green Finance Framework
Published on: 19 JUL 2023
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Masdar and PLN NP Agree to Triple Size of ASEAN’s largest Floating Solar Plant
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and PLN Nusantara Power (PLN NP), have signed an agreement to develop Phase II of the successful Cirata floating photovoltaic (FPV) power plant in Indonesia by up to 500MW, in a major expansion to Southeast Asia’s largest FPV plant.
Published on: 26 SEP 2023
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EWEC Announces Partners to Develop the World’s Largest Solar Power Plant
The Emirates Water and Electricity Company (EWEC) has announced the award for the development of the world’s largest solar power plant. The project was awarded to a consortium led by Abu Dhabi National Energy Company (TAQA) and Masdar, with partners EDF and JinkoPower, to develop the 2 GW Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project, which will be located approximately 35 kilometers from Abu Dhabi city. The project’s power purchase agreement (PPA) and shareholders’ agreement were signed with EWEC.
Published on: 26 JUL 2020
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Masdar demonstrates leadership in energy sector with Excellence in Power award at S&P Global Platts Global Energy Awards 2021
Masdar, one of the world’s fastest-growing renewable energy companies, has received the coveted ‘Award of Excellence – Power’ at the S&P Global Platts Global Energy Awards 2021, beating companies from across the entire energy sector and demonstrating its leadership in clean energy. The US-based event is one of the most prestigious for the global energy industry.
Published on: 11 DEC 2021
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ADSW Summit to Convene Global Leaders to Deliver Climate Action
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development hosted by Masdar, will hold the ADSW Summit virtually on Monday January 17, 2022, helping to set the global agenda for addressing the world’s most pressing sustainability challenges.
Published on: 22 DEC 2021
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WiSER Wisdom Series explores the growing influence of ESG investing
Collaboration between public and private sector entities is crucial if the adoption of sustainable finance is to accelerate, attendees of the first in-person WiSER Wisdom Series heard.
Published on: 05 DEC 2021
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Masdar named ‘Energy Company of the Year’ for third time at Gulf Business Awards 2021
Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, has been recognized as ‘Energy Company of the Year” for the third time at the prestigious Gulf Business Awards 2021, having previously won the award in 2016 and 2017.
Published on: 24 NOV 2021
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Masdar to develop solar power plant for Bee’ah’s HQ
Masdar, one of the world’s leading renewable energy companies, has signed a contract to develop a ground-mounted solar power plant at Bee’ah’s iconic new headquarters in Sharjah.
Published on: 21 OCT 2019
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Masdar signs agreement to develop Armenias largest solar power plant
Masdar has signed an agreement with the Government of the Republic of Armenia to develop a 200-megawatt (MW) solar photovoltaic (PV) plant. The Ayg-1 project will be Armenia’s largest utility-scale solar plant.
Published on: 26 NOV 2021
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Masdar wins GCC Gov HR Award
Masdar’s Human Capital team has been announced as the winner of the Gulf Cooperation Council (GCC) Gov HR Award’s Best Employee Benefits and Wellbeing Strategy for its Masdar Wellness Programme.
Published on: 16 OCT 2019
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Masdar agrees to explore renewable energy opportunities in Kyrgyzstan
Masdar has signed a Memorandum of Understanding (MoU) with the Kyrgyz Republic’s Ministry of Energy to explore the development of renewable energy opportunities in the Central Asian nation and support Kyrgyzstan’s clean-energy objectives.
Published on: 15 APR 2022
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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
