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Dudgeon wind farm signs publicly rated landmark project refinancing of GBP1.4 billion
The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group have announced the signing of a hybrid refinancing that includes approximately GBP561 million of commercial bank debt and GBP706 million of senior secured notes privately placed with institutional investors, finally maturing in 2032. Both tranches have been oversubscribed, underpinning strong investor interest. The A- (EXP) rating by Fitch reflects efficient operations and robust asset performance.
Published on: 13 DEC 2018
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Masdar collaborates with Department of Transport to roll out first all-electric bus service in the Middle East
Abu Dhabi, United Arab Emirates; January 3, 2019 – Masdar, the Abu Dhabi Future Energy Company, has officially launched the first fully electric passenger bus in the region in partnership with the Department of Transport in Abu Dhabi (DoT), Abu Dhabi-based bus manufacturer Hafilat Industry LLC , and leading technology company Siemens.
Published on: 03 JAN 2019
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The EDF Renewables-Masdar consortium awarded the Dumat Al Jandal (400 MW) wind project in Saudi Arabia
Paris, January 10th 2019 – The consortium consisting of EDF Renewables and Masdar (Abu Dhabi Future Energy Company PJSC), both global leaders in renewable energy, is announcing that it has won the tender for the Dumat Al Jandal wind farm.
Published on: 10 JAN 2019
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Masdar Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals
Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
Published on: 10 OCT 2018
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Cepsa and Masdar focus their collaboration on renewables in Spain and Portugal
Abu Dhabi, UAE, January 15, 2019: Cepsa and Abu Dhabi Future Energy Company (Masdar) have strengthened their collaboration in renewables by today signing a Partnership Agreement at Abu Dhabi Sustainability Week, one of the world’s largest gatherings on sustainability that is currently being held in the UAE capital.
Published on: 15 JAN 2019
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ADSW 2018 draws to a close after delivering on promise to “Drive the global energy transformation”
Abu Dhabi Sustainability Week (ADSW) 2018, hosted by Masdar, Abu Dhabi Future Energy Company, came to a successful conclusion on 20 January after further cementing its role as the world’s most inclusive sustainability gathering. The event brought together more than 38,000 attendees representing 175 countries, ranging from Heads of State and leaders of industry to students and local communities.
Published on: 21 JAN 2018
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Building on a legacy: Introducing the Zayed Sustainability Prize
The Zayed Future Energy Prize will today become the Zayed Sustainability Prize as part of a strategic move to refocus its mandate. After ten years of successfully promoting renewable energy initiatives across the globe, the Prize will now broaden its focus to affect greater humanitarian impact by supporting a wider range of solutions to the challenges of sustainable development.
Published on: 16 APR 2018
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Brazilian Minister of Environment visits Masdar City
HE Ricardo Salles, Brazilian Minister of Environment, and an accompanying delegation visited Masdar City, where they were briefed on the latest developments taking place at the city and learned more about Masdar’s worldwide Clean Energy portfolio.
Published on: 13 JUN 2019
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UAE State of Energy Report 2019 Released
The UAE State of Energy Report 2019 was released on Wednesday with Masdar CEO Mohamed Jameel Al Ramahi discussing the key findings during a panel session at the launch event in Abu Dhabi, in the presence of HE Eng Suhail Mohammed Al Mazrouei, Minister of Energy & Industry.
Published on: 19 JUN 2019
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Solar power – a primer
The energy that the Earth receives from the Sun in just one hour is equal to the total amount of energy consumed by humans in one year. Part of this energy can be converted into electricity by photovoltaic systems. The basic unit of these systems is the light-absorbing solar cell, also called a photovoltaic (PV) cell. Conventional solar cells contain a rigid semiconductor wafer made of crystalline silicon as the PV material, although other PV materials are now in use as well.
Published on: 26 JUN 2019
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Government delegations visit Masdar City
Five high-level government delegations visited Masdar City on the sidelines of this week’s Abu Dhabi Climate Meeting, where they learned more about Masdar’s strategic platforms and Clean Energy portfolio.
Published on: 02 JUL 2019
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World Champion Tokai University Solar Car Makes Test Drive at Masdar City
The Tokai University Solar Car, winner of the prestigious 2012 World Solar Challenge in Australia and other global solar car races, was on display at Masdar City today. The car was on show as part of The Festival at Masdar City – a two-day celebration of sustainability for the community, which ends this year’s Abu Dhabi Sustainability Week.
Published on: 23 JAN 2014
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UAE to Host High-Level Meeting in May Leading up to the UN Secretary-General’s Climate Summit
A special two-day high- level meeting will be held from 4-5 May in Abu Dhabi, United Arab Emirates, to encourage announcements of greater action and ambition by world leaders at the Secretary-General’s Climate Summit in September, UN Secretary-General Ban Ki-moon and United Arab Emirates Minister of State and Special Envoy for Energy and Climate Change, Dr. Sultan Al Jaber, announced today.
Published on: 04 FEB 2014
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Masdar Signs MOU with JBIC to Accelerate Renewable Energy Technologies
Masdar today signed a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) that will see the two parties work together in identifying, financing and executing renewable energy projects around the world. The agreement was signed by H.E Dr. Sultan Al Jaber, Minister of State and CEO of Masdar, and JBIC Governor, CEO, Hiroshi Watanabe. The signing took place in the presence of His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Japanese Prime Minister, Shinzo Abe.
Published on: 25 FEB 2014
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Impending High-Level Visits from Ireland Aim to Strengthen Trade Ties with UAE
Recent and upcoming visits of high-level delegations between the UAE and Ireland strongly illustrate the historic links between the two countries, as well as the increasing volume of two-way trade and the willingness to strengthen relations further, according to His Excellency Patrick Hennessy, Irish Ambassador to the UAE.
Published on: 05 MAR 2014
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ADSW 2017 targets new technologies in meeting the MENA region’s growing water needs
Ground water scarcity exacerbated by increased water demand due to population growth and the effects of climate change – droughts, higher temperatures – is a critical sustainability challenge for many regions of the world. The Middle East & North Africa (MENA) is no exception.
Published on: 16 DEC 2016
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Three school teams from Al Gharbia win “Solar Oven Challenge”
The winning teams in a school contest to build an electric oven powered by solar energy received their trophies and cash prizes at Shams Solar Power Company in Madinat Zayed yesterday.
Published on: 15 JAN 2017
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UAE launches US$50 million renewable energy fund for the Caribbean
The United Arab Emirates (UAE) today announced a landmark new US$50 million grant fund for renewable energy projects in Caribbean island countries. Launched by HE Reem Al Hashimy, Minister of State for International Cooperation, the UAE-Caribbean Renewable Energy Fund represents one of the largest-ever single investments in the region's clean energy sector, as well as a significant deepening of bilateral relationships between the UAE and Caribbean countries.
Published on: 16 JAN 2017
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Cepsa and Masdar join forces to expand their renewables businesses internationally
Cepsa, a global energy company with more than 85 years’ experience, and Masdar, Abu Dhabi Future Energy Company, an international leader in renewables and sustainable urban development, have signed a Memorandum of Understanding (MOU) to explore renewable energy project collaboration, especially wind and solar. Cepsa and Masdar aim to expand their international presence in the renewable energy market through the signing of this agreement.
Published on: 18 JAN 2018
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Masdar City Hosts photography exhibition in collaboration with the Netherlands Embassy
The Netherlands Embassy in the UAE in association with Masdar is hosting a photography exhibition at the Masdar City Eco-Villa highlighting the effects of climate change until February 16th 2018.
Published on: 29 JAN 2018
