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Accelerating energy transitions could create 122 million jobs by 2050
Accelerating energy transitions on a path to climate safety can grow the global economy by 2.4 per cent over the expected growth of current plans within the next decade and create 122 million energy-related jobs by 2050, according to a report from the International Renewable Energy Agency (IRENA).
Published on: 03 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 attracts global and regional innovation giants amid focus on global green recovery from COVID-19
Masdar City, the sustainable urban development in the UAE’s capital, Abu Dhabi, is set to play a key role in the global green recovery from COVID-19 as it continues to add sustainability-focused innovation and technology companies. The number of companies in the City’s free zone increased 26 percent in 2020, indicating the important role of the City and its offerings to innovation-led companies, including G42 Healthcare, whose laboratories and testing centers were central to the UAE’s pandemic response.
Published on: 16 JUN 2021
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Masdar signs strategic agreement to develop solar projects in Republic of Iraq
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, announced that it signed a strategic agreement with the Republic of Iraq to develop solar photovoltaic (PV) projects in the country with a minimum total capacity of two gigawatts (GW).
Published on: 25 JUN 2021
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The Catalyst Accelerating Sustainable Innovation
Relaunched in 2018 to encourage and stimulate entrepreneurship, The Catalyst is the region’s first sustainability-focused ‘start-up accelerator’. Based in the Masdar City Free Zone, The Catalyst is a joint venture between Masdar and BP aimed at accelerating start-ups through funding, training and mentorship.
Published on: 21 JUN 2021
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Natural Beauty: UAE startup, De L’Arta, brings sustainable skincare to consumer doors
De L’Arta, the Middle East’s first sustainable skincare brand and homegrown UAE startup, has announced the launch of their dedicated online skincare store. Beauty gurus and skincare enthusiasts across the Emirates can now order the [Tq] by De L’Arta product range directly from https://delarta.com/, with delivery in the UAE within three working days.
Published on: 22 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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Beyond2020 Installs Lighting Solutions at the World’s Largest Refugee Camp in Bangladesh
Beyond2020, the UAE-driven humanitarian initiative has announced the deployment of critical solar energy lighting solutions at Kutupalong Rohingya refugee camp in Cox’s Bazar, Bangladesh, lighting up the lives of 4,500 residents. The deployment in Bangladesh, which aims to enhance security and create better conditions for social and community activities after dark, marks the second phase of ‘20by2020’, which recently rebranded to ‘Beyond2020’ to serve as a flagship platform for continuous global outreach.
Published on: 04 MAY 2021
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Masdar signs 1GW Clean Energy Agreement in Azerbaijan following Presidential Inauguration of Garadagh Solar Park, Largest in the Region
Masdar signs 1GW Clean Energy Agreement in Azerbaijan following Presidential Inauguration of Garadagh Solar Park, Largest in the Region
Published on: 26 OCT 2023
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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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Abu Dhabi Sustainability Week 2023 Successfully Concludes Setting UAE on Road to COP28
Abu Dhabi Sustainability Week (ADSW), successfully concluded its fifteenth edition, with a resounding show of commitment to climate action ahead of the United Nations Climate Change Conference (COP28), to be held in the UAE later this year.
Published on: 23 JAN 2023
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Masdar Signs Agreement to Explore Exporting Green Hydrogen
Masdar, one of the world’s leading clean energy companies, Port of Amsterdam, SkyNRG, Evos Amsterdam and Zenith Energy have signed a memorandum of understanding (MoU) to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets.
Published on: 13 JAN 2023
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UAE launches region’s first waste-to-feed project
Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, inaugurated the region’s first project that will upcycle organic waste into high-quality products.
Published on: 25 JUN 2022
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Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa’s Clean Energy Objectives
Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW).
Published on: 19 JAN 2023
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UAE and Egypt Advance Development of Africa's Biggest Wind Farm
The signing in Cairo was witnessed by Egyptian Prime Minister, HE Moustafa Madbouly, HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, HE Dr Mohamed Shaker El-Markabi, Minister for Electricity and Renewable Energy, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, Nayer Fouad, Chief Executive Officer of Infinity Power, and Hassan and Amr Allam, Chief Executive Officers of Hassan Allam Holding.
Published on: 06 JUN 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 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’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 CEO receives Honorary Fellowship of the Energy Institute
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, has been made an Honorary Fellow of the Energy Institute (EI), the UK-based professional body spanning the world of energy, in recognition of his leadership in the fields of renewable energy and clean technologies.
Published on: 02 MAR 2023
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Masdar Signs Roadmap for up to 1GW Wind Power Project in Kazakhstan
Abu Dhabi Future Energy Company PJSC - Masdar, one of the world's leading clean energy companies, signed a roadmap for developing up to 1 gigawatt (GW) wind power plant in Kazakhstan to support the country's goal of achieving half its energy mix from renewables by 2050.
Published on: 12 JUN 2023
