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Mubadala Energy and Masdar Collaborate on Decarbonization and Energy Transition Initiatives
Collaboration set to leverage expertise to accelerate decarbonization of Mubadala Energy’s portfolio in line with energy transition strategy, and explore growth in targeted new energy investments
Published on: 17 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 City’s innovate initiative to host 20 global organizations working on climate critical innovations at Abu Dhabi Sustainability Week 2022
Masdar City’s global initiative, Innovate, will host an exhibition showcasing groundbreaking technologies from 20 international startups and small and mid-size enterprises (SMEs), focusing on the areas of urban mobility, clean energy, agritech, food security, and artificial intelligence, at Abu Dhabi Sustainability Week (ADSW) 2022.
Published on: 14 JAN 2022
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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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Investing for a sustainable future
Billions of dollars are invested each day to grow the world economy. Most of this money buys things that are made with energy, which emit CO2 and other greenhouse gases. This leads to global warming and climate change.
Published on: 30 MAR 2021
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Jordan’s Prince Hamzah Hospital deploys sustainable lighting solutions under 20by2020 initiative
As part of the UAE humanitarian initiative, ‘20by2020’, the Zayed Sustainability Prize announced that Prince Hamzah Hospital in the Jordanian capital Amman has deployed sustainable lighting solutions. The hospital is currently treating the largest number of COVID-19 patients in the country.
Published on: 26 MAY 2020
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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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Masdar signs agreement to develop Georgia’s largest utility-scale solar power plant
Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a solar photovoltaic (PV) power project in the country, with a capacity of as much as 100 megawatts (MW). The project, which will be jointly developed with the GEDF, will be Georgia’s largest solar power plant.
Published on: 30 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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Mohamed bin Zayed Launches Abu Dhabi Powerhouse to Develop World-Leading Portfolio in Clean Energy
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, today announced a global clean energy powerhouse intended to spearhead the drive to net-zero carbon by 2050.
Published on: 01 DEC 2021
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Masdar and ENGIE form US$5 billion strategic alliance to help drive UAE’s green hydrogen economy
ENGIE and Masdar, one of the world’s fastest-growing renewable energy companies, announced today that they have signed a strategic alliance agreement to explore the co-development of a UAE-based green hydrogen hub. The two companies are looking to develop projects with a capacity of at least 2 GW by 2030, with a total investment in the region of US$5 billion.
Published on: 03 DEC 2021
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Masdar wins bid for Uzbekistan’s first PPP utility-scale solar project
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has announced that it is the winning bidder to develop Uzbekistan’s first public-private partnership (PPP) solar project under the International Finance Corporation’s (IFC) Scaling Solar programme.
Published on: 22 OCT 2019
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Abu Dhabi invests US$100 million in agricultural technology companies to secure food supply chains, Bloomberg reports
The Abu Dhabi Investment Office (ADIO) has made agreements with agricultural technology companies, including Madar Farms, to deliver research and development and food production facilities in the emirate, Bloomberg reported. Authorities invested US$100 million in the companies, which also include AeroFarms and RNZ, as they look to build vertical farms to secure supply chains in reaction to the COVID-19 pandemic, the news organization said.
Published on: 09 JUL 2020
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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 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 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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Masdar signs agreement with Korea agency to explore hydrogen development
Masdar has signed an agreement with the Korea Agency for Infrastructure Technology Advancement (KAIA) to explore the development of a range of technology solutions, including hydrogen offerings, smart cities, and electric vehicles (EV).
Published on: 17 FEB 2022
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UAE supports first Tashkent International Investment Forum
His Excellency Suhail Al Mazrouei, Minister of Energy and Infrastructure for the UAE, and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, took part in a panel discussion on “Green Energy for Future Generations,” as part of the first Tashkent International Investment Forum (TIIF), held in Uzbekistan’s capital last month.
Published on: 04 APR 2022
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Masdar enters strategic agreement with Emirates NBD Asset Management to provide services for UAE’s first ‘green’ REIT
Masdar, a subsidiary of Mubadala Investment Company and a pioneer in sustainable urban development, has partnered with Emirates NBD Asset Management to receive management services for the UAE’s first sustainable real estate investment trust – the Masdar Green REIT. Together, Masdar Capital Management (a recently established FSRA Regulated Fund Manager) and Emirates NBD Asset Management bring significant experience and expertise in sustainable real estate and property asset management to the partnership.
Published on: 20 JAN 2021
