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Masdar and Mitrabara form Solar Radiance joint venture to provide renewable energy solutions to commercial & industrial sector in Indonesia
Masdar, one of the world’s leading renewable energy companies, announced today the formation of a joint venture (JV) with PT Mitrabara Adiperdana Tbk (Mitrabara), a conglomerate focused on the energy sector, to target the fast-growing commercial & industrial (C&I) segment of the renewable energy market in Indonesia.
Published on: 20 JAN 2022
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UAE announces Net Zero by 2050 strategic initiative
The United Arab Emirates has announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to achieve net-zero emissions by 2050, making the UAE the first Middle East and North Africa (MENA) nation to do so.
Published on: 18 OCT 2021
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Strata CEO Says Quality Products and Gaining Customers Trust Remain Crucial to Success
Instilling pride by educating employees on quality, changing traditional mindsets and gaining the confidence of customers with world-class products are some of the measures that have brought immense benefits, said Badr Al-Olama, Chief Executive, Strata Manufacturing, an advanced composite aerostructures manufacturing facility , fully owned by Mubadala Development Company.
Published on: 11 FEB 2014
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Dr Sultan Al Jaber named Executive of the Year by Energy Intelligence
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), was today honored with the ‘Energy Executive of the Year Award for 2021’ by Energy Intelligence, validating the United Arab Emirates’ (UAE) vision for a sustainable energy future.
Published on: 04 OCT 2021
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Masdar and W Solar Investment form joint venture company to develop renewable energy projects
Masdar, one of the world’s leading renewable energy companies, and W Solar Investment, a subsidiary of Alpha Dhabi Holding, and a development and investment company in the solar energy industry, have formed a joint venture company (JVC) to develop clean energy projects in a range of geographies.
Published on: 25 JAN 2022
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Masdar, EDF Renewables and Nesma Renewable Energy Win Bid for 1,100MW Solar IPP Project in Saudi Arabia
Abu Dhabi Future Energy Company PJSC – Masdar, EDF Renewables and Nesma Company have signed a Power Purchase Agreement (PPA) with the Saudi Power Procurement Company (SPPC) to develop the 1,100 MW Al Henakiyah solar power plant. Once operational, it is expected that the project will power more than 190 thousand homes per year and displace more than 1.8 million tonnes of carbon dioxide annually.
Published on: 07 NOV 2023
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Masdar celebrates groundbreaking on 230 MW solar plant in Azerbaijan and signs four new project agreements
Masdar, one of the world’s leading renewable energy companies, has announced the formal start of construction for its 230-megawatt (MW) Garadagh Solar PV Plant in Azerbaijan
Published on: 16 MAR 2022
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Masdar City start-up launches world’s first thermal energy storage product 100% made from recycled materials
Masdar City-based Seramic Materials, a start-up company supported by accelerator The Catalyst, has developed a unique patented solution to recycle industrial solid waste into a high-temperature thermal energy storage (TES) product – a circular economy solution that both reduces wastage and promotes renewable energy development.
Published on: 21 SEP 2021
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Masdar to play leading role in CERAWeek 2022
Senior Masdar executives are taking part in CERAWeek 2022, in Houston, Texas next week, as the world’s leading energy conference returns as a physical event for the first time in three years. Masdar is also supporting CERAWeek 2022 as Power Innovator Partner.
Published on: 04 MAR 2022
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Masdar signs agreement with TANESCO to support Tanzania’s clean energy objectives
Masdar has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) to develop renewable energy projects in the East African nation.
Published on: 28 FEB 2022
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Masdar and Emirates Steel Arkan to develop MENA region’s first green hydrogen-based project to decarbonize the UAE’s hard-to-abate steel sector
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has partnered with Emirates Steel Arkan, (ADX: EMSTEEL), one of the largest publicly traded steel and building materials manufacturers in the region, to develop an innovative green hydrogen project to decarbonize the hard-to-abate steel sector in the UAE.
Published on: 22 NOV 2023
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Masdar signs agreement to explore export of renewable energy from Indonesia to Singapore
Masdar, one of the world’s leading renewable energy companies, announced today that it has signed a Memorandum of Understanding (MoU) with Singapore’s Tuas Power, France’s EDF Renewables, and PT Indonesia Power to explore the development of renewable energy within Indonesia for export to Singapore.
Published on: 18 JAN 2022
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Masdar looks to future growth with award of milestone investment grade credit ratings
Moody’s Investor Services and Fitch Ratings have assigned Masdar first-time credit ratings that place it firmly in the investment grade category – a significant milestone for the company.
Published on: 27 SEP 2021
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UAE entities launch first-of-its-kind research consortium for renewable and advanced aviation fuels
In the UAE Year of Sustainability, and at the 3rd ICAO Conference on Aviation and Alternative Fuels (CAAF/3) was held in Dubai, eight founding entities announced the launch of the “Air-CRAFT” initiative - a UAE based research consortium focused on developing, producing, and scaling sustainable aviation fuel (SAF) technologies.
Published on: 20 NOV 2023
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TotalEnergies joins Masdar and Siemens Energy in initiative to drive green hydrogen development and produce sustainable aviation fuel’
Masdar, one of the world’s leading renewable energy companies, announced today that TotalEnergies is adding its expertise in the energy sector to a Masdar-led initiative focused on green hydrogen to produce sustainable aviation fuel (SAF).
Published on: 19 JAN 2022
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Masdar Institute and MIT to Host Symposium on Sustainable Critical Infrastructure
Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, and the Massachusetts Institute of Technology (MIT) today announced they are jointly hosting a symposium on sustainable critical infrastructure in Abu Dhabi.
Published on: 22 MAR 2014
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Masdar executive director tells Gulf Business economic case for renewable energy “stronger than ever”
The economic case for renewable energy is “stronger than ever” and the UAE and other GCC states are particularly well placed to achieve “ambitious” clean-energy targets, Yousif Al Ali, executive director at Masdar Clean Energy, said in an interview with Gulf Business.
Published on: 16 APR 2020
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Masdar and EMSTEEL Announce Successful Pilot Project Using Green Hydrogen to Produce Green Steel
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and EMSTEEL, the UAE’s largest publicly listed steel and building materials company, have announced the successful completion of a pilot project demonstrating the use of green hydrogen to produce green steel.
Published on: 28 OCT 2024
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Masdar and Presight Sign Agreement to Develop AI Asset Management Tool
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with Presight, the region’s leading big data analytics company powered by generative artificial intelligence (AI), to develop an asset management tool for its renewable energy projects around the globe.
Published on: 15 OCT 2024
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EDF Group and Masdar-Led Consortium Achieves Financial Close on its Multi-Utilities Infrastructure Facility at AMAALA Tourism Destination In KSA
The consortium led by EDF Group and Masdar, alongside their partners Korea East-West Power Co. (EWP) and SUEZ, announced today that it has reached the financial close for its multi-utilities infrastructure facility at AMAALA. The overall project build cost is approximately 1.5 billion USD. Developed by Red Sea Global, AMAALA is a new destination with wellness at its core, nestled along the Red Sea coast of the Kingdom of Saudi Arabia and expected to start welcoming guests in 2025.
Published on: 31 OCT 2024