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Masdar more than doubles clean energy capacity over 2 years generating enough electricity to power over 4 million homes
Masdar has released its 2020 Annual Sustainability Report that revealed it more than doubled its clean energy capacity over two years to generate enough electricity to power over four million homes. The capacity of the renewable energy projects that Masdar is a partner in has risen to over 10.7 GW in 2020 from 4 GW in 2019, with the company’s global operating clean energy portfolio displacing close to 6.5 million metric tons of CO2 annually.
Published on: 20 JAN 2021
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Masdar participates in panel on gender equality in energy
Masdar’s Executive Director for Brand and Strategic Initiatives, Dr Lamya N Fawwaz, participated in a panel discussion titled “Equality in the Energy Sector,” at the Global Women’s Forum Dubai (GWFD) hosted by the Dubai Women Establishment.
Published on: 16 FEB 2020
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Sustainability Ambassadors programme hosts second Ecothon competition
The Sustainability Ambassadors programme, part of the Youth 4 Sustainability (Y4S) platform, hosted its second Ecothon competition of the year on February 12.
Published on: 18 FEB 2020
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Masdar and Taaleri SolarWind II Fund acquire two wind farms in Poland
Masdar, one of the world’s leading renewable energy companies, and Taaleri SolarWind II Fund, which invests in utility-scale wind and solar assets, have together acquired 50:50 stakes in two wind farms in Poland.
Published on: 22 DEC 2020
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Potential of floating solar showcased at PJB Connect 2020
Masdar is supporting its partner PT Pembangkitan Jawa-Bali (PJB) by sponsoring PJB Connect 2020, the virtual electricity exhibition and conference running from October 21 to October 28.
Published on: 26 OCT 2020
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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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Ryse Energy moves to Masdar City to capture US$200 billion off-grid renewables opportunity
Ryse Energy, a global leader in renewable off-grid energy systems with over 4,000 installations across all seven continents, has moved to Masdar City, Abu Dhabi, to expand into new markets and capture the multi-billion dollar market opportunities represented in the off-grid energy space across the globe.
Published on: 08 NOV 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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Energy transition accelerating, Masdar CEO tells MEA Energy Week
The pace of transition to clean energy is accelerating, as cheaper prices for renewables helps to make emerging technologies like hydrogen more viable, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said on the opening day of MEA Energy Week, organized by Siemens Energy.
Published on: 19 OCT 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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The Festival to take place in Masdar City’s new Central Park
An expanded edition of The Festival will be held in Masdar City, bringing to a close Abu Dhabi Sustainability Week 2020 – the region’s largest event dedicated to sustainability.
Published on: 16 JAN 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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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 financial close on landmark 100 MW Nur Navoi Solar project in Uzbekistan
Masdar has announced the financial close of the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project.
Published on: 23 DEC 2020
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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 Cepsa to establish joint venture to develop renewable energy projects in Spain and Portugal
Cepsa Masdar Renovables to focus on wind and solar photovoltaic (PV) energy projects in the Iberian Peninsula; aim is for an initial capacity of 500-600MW capacity
Published on: 15 JAN 2020
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Masdar and EDF Renewables enter strategic alliance to explore renewable energy opportunities in Israel
Masdar and EDF Renewables announced today that they have signed a strategic agreement to explore renewable energy opportunities in Israel and support the country’s clean-energy objectives.
Published on: 21 JAN 2021