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Renewable energy stocks outperforming fossil fuel peers during COVID-19 crisis
Renewable power stocks have outperformed fossil fuels peers both over the past 10 years and during the COVID-19 crisis, according to a new report published by Imperial College Business School in the UK.
Published on: 01 JUN 2020
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Saudi Arabia’s first wind farm will transform Kingdom’s renewable energy sector, says NESMA executive
Saudi Arabia’s first wind farm, Dumat Al Jandal, is set to transform the Kingdom’s renewable energy sector, attendees of the fourth Instagram Live series, Masdar Talks, heard.
Published on: 27 DEC 2020
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Solar and wind account for 67% of New Power Capacity Added Worldwide in 2019: BNEF
Solar and wind power accounted for over two-thirds of the 265GW of new capacity installed worldwide in 2019, up from less than a quarter of new build in 2010, according to data from BloombergNEF. Photovoltaics (PV) topped all other technologies in new-build terms, with a record 118 gigawatts constructed, and was the most popular technology deployed in a third of nations, the research company said.
Published on: 16 SEP 2020
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UAE and partners to build resilient green power system for hurricane-ravaged Barbuda
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has announced a partnership with the Government of Antigua and Barbuda’s Ministry of Public Utilities, Civil Aviation, Transport and Energy, the CARICOM Development Fund (CDF) and the New Zealand Ministry of Foreign Affairs and Trade (NZMFAT) to restore power to Barbuda following the near-total destruction of the island after Hurricane Irma struck in September 2017.
Published on: 19 SEP 2019
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UAE-CREF solar PV project in the Bahamas wins award
The Bahamas’ first utility-scale solar photovoltaic (PV) plant, which was developed by Masdar in partnership with the Ministry of Foreign Affairs and International Cooperation and Abu Dhabi Fund for Development, has won a prestigious award in the United States.
Published on: 14 NOV 2019
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UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, says Minister of Climate Change and Environment
The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier future,” His Excellency said.
Published on: 01 JUL 2020
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UAE’s solar power output set to receive boost from clearer skies during coronavirus crisis
The dramatic drops in air pollution caused by restrictions imposed due to the COVID-19 pandemic could help boost the UAE’s solar power generation, with a number of countries in Europe having already posted record outputs.
Published on: 25 MAY 2020
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Emerging Leader attends first UN Youth Climate Summit
The United Nations (UN) has hosted the first UN Youth Climate Summit in New York to coincide with the UN Climate Action Summit 2019.
Published on: 30 SEP 2019
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Energy transition investment needs to double over next three years to deliver sustainable recovery: IRENA
Doubling global annual investment in the clean-energy transition over the next three years will support a sustainable recovery post-COVID-19 and create an additional 5.5 million jobs, the head of the International Renewable Energy Agency (IRENA) told Masdar employees at a company virtual event.
Published on: 24 SEP 2020
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Largest solar park in Jordan achieves remarkable safety milestone
Baynouna Solar Park, Jordan’s largest solar energy project, has celebrated an important safety, health and environment (SH&E) milestone, achieving 1 million safe hours without a lost time incident (LTI).
Published on: 26 DEC 2019
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Masdar achieves first close on 1.6 GW clean energy portfolio in United States from EDF Renewables
Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt (GW) clean-energy portfolio of projects in the United States from EDF Renewables North America.
Published on: 08 FEB 2021
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Masdar acquires stake in Hero Future Energies of India
Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries.
Published on: 11 NOV 2019
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Masdar signs MoU promoting education of youth
Masdar, a global leader in sustainability, and the Abdulla Al Ghurair Foundation for Education (AGFE), a leading private philanthropic organisation focused on education, have signed a Memorandum of Understanding (MoU) to collaborate on using their respective youth platforms to advance the development of young people in the UAE.
Published on: 26 APR 2020
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Masdar and China Gezhouba Group International Engineering agree to explore global collaboration
Masdar, one of the world’s leading renewable energy companies, and China Gezhouba Group International Engineering Company (CGGC INTL), announced today that they have signed a Memorandum of Understanding (MoU) to explore potential areas of collaboration on renewable energy projects worldwide.
Published on: 21 JAN 2021
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Masdar and EDF establish joint venture ESCO
Abu Dhabi Future Energy Company (Masdar), a subsidiary of Mubadala Investment Company, and French low-carbon electricity leader EDF have signed an agreement to establish a 50:50 joint venture energy services company (ESCO).
Published on: 11 SEP 2019
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Masdar and First Abu Dhabi Bank complete landmark energy and water-saving project for Future Rehabilitation Centre
Masdar and First Abu Dhabi Bank (FAB) are celebrating the completion of an energy and water-saving retrofit project for an Abu Dhabi-based school for people of determination.
Published on: 09 NOV 2020
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Masdar and PLN enter partnership to develop first floating solar power plant in Indonesia
Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country.
Published on: 15 JAN 2020
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Masdar helping to make UAE a hub for renewable energy and clean tech
Masdar’s involvement in international projects is helping the company to develop local knowledge and experience, and support the UAE’s diversification efforts, Chief Executive Officer Mohamed Jameel Al Ramahi told MEES.
Published on: 12 JUL 2020
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Masdar highlights clean energy at ADIPEC
One of the largest gatherings of local and international petroleum companies, the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) is running from 11 to 14 November at the Abu Dhabi Exhibition Center.
Published on: 11 NOV 2019
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Masdar highlights opportunities to invest in a greener urban landscape at FinTech Abu Dhabi 2020
“The leadership of the UAE has expressed a bold vision for sustainable development; through financial and technology innovation, we can accelerate our progress in realizing that vision for our country.” This was the central message of a keynote speech from Yousef Baselaib, Executive Director for Strategy and Corporate Development at Masdar, during a FinTech webinar about opportunities to invest in a greener urban landscape.
Published on: 10 NOV 2020
