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Masdar City Free Zone introduces exclusive business package for women entrepreneurs ahead of Emirati Women’s Day
Masdar City Free Zone has introduced a new business package exclusively for all women entrepreneurs, to further support the growth of women-led companies in the UAE. The announcement comes ahead of Emirati Women’s Day on the 28th August, which for 2021 is themed, ‘Women: Ambitions & Inspiration for Next 50 Years,’ in line with the UAE’s "Year of the 50th".
Published on: 25 AUG 2021
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Masdar joint venture reaches financial close and starts construction on Indonesia’s first utility-scale floating solar power plant
Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, announced today that financial close has been achieved on the Cirata Floating Photovoltaic Power Plant project and construction work has begun.
Published on: 03 AUG 2021
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Masdar City Free Zone launches new license options
Masdar City Free Zone has announced the launch of new business package options for new and existing companies based in the region’s hub for innovative sustainable technologies, Masdar City. In line with the recent UAE government announcement to ease the business environment in the UAE, Masdar City Free Zone has introduced the new business package options to further support business growth and development in Abu Dhabi.
Published on: 25 AUG 2021
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Masdar wins tender for 200 MW solar power project in Armenia
The Government of Armenia has officially selected Masdar, one of the world’s leading renewable energy companies, as the winning bidder for the tender for a utility-scale solar project.
Published on: 06 JUL 2021
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GCC countries could generate US$200 billion from green hydrogen by 2050
GCC countries could generate as much as US$200 billion in revenue from green hydrogen by 2050, with the creation of up to 1 million jobs in the region, according to a new report.
Published on: 07 JUN 2021
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Abu Dhabi Securities Exchange (ADX) Welcomes the Secondary Green Bond Listing by Masdar
Abu Dhabi Securities Exchange (ADX) welcomed the secondary listing of a USD 750 million Green Bond by Abu Dhabi Future Energy Company (Masdar), the global clean energy powerhouse based in Abu Dhabi.
Published on: 10 OCT 2023
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Al Dhafra Solar wins Utility Scale Project of Year award
The Al Dhafra Solar project, set to be the world’s largest single-site solar power plant, has been named the Utility-Scale Solar Project of the Year by the Middle East Solar Industry Association (MESIA).
Published on: 27 MAY 2021
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US$50m UAE-Caribbean Renewable Energy Fund awards EPC contract to build resilient clean-energy project in Dominica
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), has announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project in Dominica.
Published on: 27 MAY 2021
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Global renewable capacity expansion soars 50
Global renewable energy capacity additions reached a record level last year, exceeding expansion in 2019 by almost 50 percent, according to date from the International Renewable Energy Agency (IRENA). Worldwide, more than 260 gigawatts of renewable capacity was added last, accounting for more than 80 percent of all electricity expansion, the agency’s annual Renewable Capacity Statistics 2021 report shows.
Published on: 29 APR 2021
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Fueling a sustainable future with hydrogen energy
Hydrogen (H) is the most abundant element in the universe, and the simplest and lightest. The energy industry has been seeking to tap it as source of power since at least 1842 when Welsh scientist William Robert Grove developed the first fuel cell, combining hydrogen and oxygen to produce electricity.
Published on: 23 MAY 2021
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Masdar makes first investment in Greece by developing solar plant with Taaleri Energia
Masdar, one of the world’s leading renewable energy companies, and Taaleri Energia, which invests in utility-scale wind and solar assets, have agreed to develop a 65-megawatt (MW) solar photovoltaic (PV) project in Greece. The project will be managed through the companies’ joint venture Masdar-Taaleri Generation (MTG).
Published on: 06 MAY 2021
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Octopus Energy Group and Masdar sign agreement to manage UK battery storage
Global energy tech group Octopus Energy announced today it has signed a framework agreement with Masdar, one of the world’s leading clean energy companies, to license Octopus’ groundbreaking technology platform Kraken. Masdar will use Kraken to flexibly manage its battery storage portfolio in the UK.
Published on: 09 MAY 2023
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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 and IFC Agree to Explore Ways to Advance Climate Action in Emerging Markets
The collaboration framework was signed by Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar and Mohamed Gouled, Vice President of Industries at IFC, on the side-lines of the World Government Summit 2023, taking place in Dubai this week. HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Masdar Chairman, witnessed the signing, along with Makhtar Diop, Managing Director of IFC.
Published on: 14 FEB 2023
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Masdar ČIBUK 1 wind farm powers change in Serbian local communities
Masdar’s ČIBUK 1 wind farm is the largest utility-scale commercial wind project in Serbia and the Western Balkans, comprising of 158MW.
Published on: 13 APR 2023
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Production of sustainable aviation fuel from solid waste
Masdar, ADNOC, bp, Tadweer (Abu Dhabi Waste Management Company) and Etihad Airways announced at Abu Dhabi Sustainability Week (ADSW) 2023 an agreement to conduct a joint feasibility study on exploring the production in the UAE of sustainable aviation fuel (SAF) and other products, such as renewable diesel and naphtha, using municipal solid waste (MSW) and renewable hydrogen.
Published on: 20 JAN 2023
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In the presence of the Jordanian Prime Minister Masdar Inaugurates Baynouna Solar Park, the largest of its kind in Jordan
The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar, and Finnish investment and asset management group Taaleri, has announced the formal inauguration of the 200-megawatt (MW) Baynouna Solar Park – the largest clean energy project in Jordan.
Published on: 25 FEB 2023
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Masdar Signs Agreement with Austria’s VERBUND to Explore Green Hydrogen Production for Central Europe Market
The MoU was signed at Abu Dhabi Sustainability Week (ADSW) 2023 by Michael Strugl, Chief Executive Officer, VERBUND, and Mohammad Abdelqader El Ramahi, Executive Director, Green Hydrogen, Masdar. As per the agreement, the two companies will cooperate on developing pathways to produce and export green hydrogen to Central Europe, specifically Austria and Southern Germany.
Published on: 08 FEB 2023
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Masdar Explores Developing 2GW Clean Energy in Malaysia Amid Asia Expansion
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Citaglobal Berhad, have signed a memorandum of understanding (MoU) for the joint development of renewable energy projects across solar, battery energy storage system (BESS), wind and other renewable energy technologies.
Published on: 31 JUL 2023
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Masdar celebrates installation of 19,438 Solar Home Systems in rural Morocco
Masdar, Abu Dhabi’s renewable energy company, announced today at Abu Dhabi Sustainability Week (ADSW), it has successfully completed installing a landmark off-grid solar power project that extends energy access to 19,438 homes in more than 1,000 rural villages in the Kingdom of Morocco.
Published on: 13 JAN 2018
