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Infinity Power Finalizes Acquisition of Lekela Power in Africa’s Biggest Renewable Energy Deal
Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, announced today it has completed the acquisition of the entire shareholding of Lekela Power. The transaction makes Infinity Power the largest renewable energy company on the African continent. Infinity’s key stakeholders include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD).
Published on: 20 MAR 2023
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Masdar to Support Côte d'Ivoire’s Clean Energy Goals with Development of Solar Power Plant
Masdar, one of the world’s leading clean energy companies, has signed an agreement with the Ministry of Mining, Petroleum and Energy for the Republic of Côte d'Ivoire to explore the development of a solar power plant with a capacity of up to 70 megawatts (MW).
Published on: 10 MAR 2023
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Masdar’s inaugural Green Finance Framework published with highest rating
Masdar has published its inaugural Green Finance Framework (GFF) with a Sustainability Quality Score of SQS1 (Excellent) – the highest rating – from Moody’s Investors Service, its Second Party Opinion provider. This independent assessment is expected to make Masdar’s planned bond offering more attractive to debt capital market investors.
Published on: 03 MAR 2023
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Masdar and IFC Agree to Explore Ways to Advance Climate Action in Emerging Markets
The collaboration framework was signed by Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar and Mohamed Gouled, Vice President of Industries at IFC, on the side-lines of the World Government Summit 2023, taking place in Dubai this week. HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Masdar Chairman, witnessed the signing, along with Makhtar Diop, Managing Director of IFC.
Published on: 14 FEB 2023
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Masdar film shows London Array’s impact on British coastal community
Masdar’s London Array, one of the world’s largest wind farms, has been helping to power half a million British homes, create jobs, and cut carbon emissions.
Published on: 03 JAN 2023
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Production of sustainable aviation fuel from solid waste
Masdar, ADNOC, bp, Tadweer (Abu Dhabi Waste Management Company) and Etihad Airways announced at Abu Dhabi Sustainability Week (ADSW) 2023 an agreement to conduct a joint feasibility study on exploring the production in the UAE of sustainable aviation fuel (SAF) and other products, such as renewable diesel and naphtha, using municipal solid waste (MSW) and renewable hydrogen.
Published on: 20 JAN 2023
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Masdar Makes Strategic Investment in One of the World’s Largest Geothermal Players, Growing Clean Energy Portfolio
Masdar, a global clean energy powerhouse, is entering the geothermal energy sector, through a strategic investment in Pertamina Geothermal Energy (PGE), one of the world’s largest geothermal players.
Published on: 24 FEB 2023
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Masdar Signs Agreement with Austria’s VERBUND to Explore Green Hydrogen Production for Central Europe Market
The MoU was signed at Abu Dhabi Sustainability Week (ADSW) 2023 by Michael Strugl, Chief Executive Officer, VERBUND, and Mohammad Abdelqader El Ramahi, Executive Director, Green Hydrogen, Masdar. As per the agreement, the two companies will cooperate on developing pathways to produce and export green hydrogen to Central Europe, specifically Austria and Southern Germany.
Published on: 08 FEB 2023
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Masdar Explores Developing 2GW Clean Energy in Malaysia Amid Asia Expansion
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Citaglobal Berhad, have signed a memorandum of understanding (MoU) for the joint development of renewable energy projects across solar, battery energy storage system (BESS), wind and other renewable energy technologies.
Published on: 31 JUL 2023
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Masdar celebrates installation of 19,438 Solar Home Systems in rural Morocco
Masdar, Abu Dhabi’s renewable energy company, announced today at Abu Dhabi Sustainability Week (ADSW), it has successfully completed installing a landmark off-grid solar power project that extends energy access to 19,438 homes in more than 1,000 rural villages in the Kingdom of Morocco.
Published on: 13 JAN 2018
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ADSW Summit white paper sets out pathway to Net Zero
Abu Dhabi Sustainability Week, the sustainability platform hosted by Masdar, has produced a white paper highlighting some of the key findings from the ADSW Summit 2022, held in January. The Journey to Net Zero reflects the key themes of the event: Global Collaboration & Leadership, Innovation and Technology, and Sustainable Finance.
Published on: 06 APR 2022
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TAQA, ADNOC, and Mubadala Complete Landmark Transaction for Stake in Masdar Clean Energy Powerhouse
New Masdar outlines ambitious growth plans to bolster position as a global leader in clean energy and green hydrogen
Published on: 08 DEC 2022
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Masdar-led joint venture completes financing to develop Jordan’s largest solar power project
Masdar, Abu Dhabi Future Energy Company, announced at Abu Dhabi Sustainability Week that the financing of the largest solar power plant in the Hashemite Kingdom of Jordan has been completed.
Published on: 16 JAN 2018
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Masdar and Africa50 Join Forces to Accelerate Clean Energy Transition Across Africa
Abu Dhabi Future Energy Company PJSC – Masdar has announced a partnership with Africa50, the pan-African infrastructure investment platform to identify, fast-track and scale clean energy projects across the continent. The UAE’s clean energy champion has signed a memorandum of understanding (MoU) with Africa50 which will work to bridge the infrastructure funding gap and mobilize public and private finance.
Published on: 07 SEP 2023
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COP26 a “fantastic achievement” Masdar CEO tells Forbes Middle East
The recent COP26 climate change conference was successful and represents a “fantastic achievement,” Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, told Forbes Middle East in an in-depth interview.
Published on: 16 DEC 2021
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Masdar Signs Agreement with Austria’s VERBUND to Explore Green Hydrogen Production for Central Europe Market
Masdar, one of the world’s fastest-growing clean energy companies, has signed a memorandum of understanding (MoU) with VERBUND, Austria’s leading energy utility and one of the largest producers of hydropower in Europe, to explore the production of green hydrogen for the Central Europe market.
Published on: 08 FEB 2023
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Masdar Acquires Arlington Energy to Advance Renewable Energy Storage Market
Abu Dhabi, United Arab Emirates; October 25, 2022: Masdar, one of the world’s leading renewable energy companies, today announced it has aquired UK-based battery energy storage system (BESS) developer Arlington Energy. The acquisition will enable Masdar to expand its presence in the UK and European renewable energy markets and support countries’ net-zero objectives.
Published on: 25 OCT 2022
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Masdar Joint Venture Powers COP27 with Zero-Carbon Energy
Abu Dhabi, United Arab Emirates; November 5, 2022: Infinity Power Holding, the joint venture between the UAE’s Masdar and Egypt’s Infinity, announced today that the solar photovoltaic (PV) plant it has developed in Sharm El-Sheikh is now fully operational – ready to provide clean, renewable energy to COP27, the United Nations climate change conference taking place in the Egyptian city.
Published on: 05 NOV 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 City and Amazon Web Services sign MoU to Stage an International Exchange Sprint of the AWS Clean Energy Accelerator 3.0 Program in the UAE
Masdar City, Abu Dhabi’s pioneering sustainable community and innovation hub, and Amazon Web Services (AWS), have signed a Memorandum of Understanding (MoU) to stage an International Exchange Sprint (IES) in the United Arab Emirates (UAE) as part of the AWS Clean Energy Accelerator 3.0. Locations selected for an AWS Clean Energy Accelerator IES align with geographic hotspots for clean energy technology innovation.
Published on: 14 NOV 2022
