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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 Achieves Financial Close on Uzbekistan’s First Utility-Scale Wind Farm
Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved financial close on the 500-megawatt (MW) Zarafshan wind project – Uzbekistan’s first utility-scale wind farm.
Published on: 02 SEP 2022
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Masdar CEO receives Honorary Fellowship of the Energy Institute
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, has been made an Honorary Fellow of the Energy Institute (EI), the UK-based professional body spanning the world of energy, in recognition of his leadership in the fields of renewable energy and clean technologies.
Published on: 02 MAR 2023
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Masdar Empowers Young Women in Sustainability, Environment & Renewable Energy
Abu Dhabi, United Arab Emirates, 19 July 2022: Masdar, one of the world’s leading renewable energy companies, today announced that 23 graduates successfully completed its annual Women in Sustainability, Environment, and Renewable Energy (WiSER) Pioneers Program, which empowers women aged 25 to 35 to lead sustainable change in their communities and careers.
Published on: 20 JUL 2022
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100 MW Solar PV Agreement Marks Masdar’s First Entry into Turkmenistan
Masdar, one of the world’s leading renewable energy companies, has signed a joint development agreement (JDA) with Turkmenenergo State Power Corporation of the Ministry of Energy of Turkmenistan (Turkmenenergo), to develop a 100 megawatt (MWac) solar photovoltaic (PV) plant, which will be the company’s first project in Turkmenistan.
Published on: 22 NOV 2022
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Masdar ČIBUK 1 wind farm powers change in Serbian local communities
Masdar’s ČIBUK 1 wind farm is the largest utility-scale commercial wind project in Serbia and the Western Balkans, comprising of 158MW.
Published on: 13 APR 2023
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Shams celebrates 10 years of powering change
Named after the sun, the Shams solar power project has been a shining light in renewable energy in the Middle East since 2013 and Masdar’s first utility-scale solar project in the region is now celebrating its 10th anniversary this week.
Published on: 16 MAR 2023
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Masdar agrees to develop 4 GW of clean energy projects in Azerbaijan
Masdar, one of the world’s leading renewable energy companies, has signed implementation agreements with the Ministry of Energy of the Republic of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 megawatts (MW) as an exclusive concession, with the right to develop an additional 6,000 MW as a second phase, bringing the total production capacity of these projects to 10,000 MW – the largest such signing in Azerbaijan’s history.
Published on: 05 JUN 2022
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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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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 signs MoU with Jordan’s Ministry of Energy and Mineral Resources to explore development of 2 GW renewable energy projects
Masdar, one of the world’s leading renewable energy companies, announced today that it has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources to explore collaboration in renewable energy projects with a total capacity of up to 2 gigawatts (GW).
Published on: 17 NOV 2022
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The UAE and France agree to form bilateral partnership to focus on the decarbonization of hard-to-abate (HTA) industries
His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, President-Designate for COP28, and Chairman of Masdar, yesterday conferred with His Excellency Bruno Le Maire, Minister of the Economy, Finance, and Industrial and Digital Sovereignty, as part of the French Minister’s visit to the United Arab Emirates.
Published on: 30 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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MasdarCity and ZeroCarbon Ventures agree carbon reduction
Masdar City, Abu Dhabi’s only planned and approved R&D cluster for innovative technologies, and Zero Carbon Ventures, a company dedicated to bringing carbon-reducing technologies to the Middle East, have signed a memorandum of understanding (MOU) to advance carbon reduction in the Middle East.
Published on: 05 OCT 2022
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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’s WiSER Annual Forum Explores Plans to Boost Women’s Leadership in Climate Adaptation at ADSW 2023
Over 120 influential figures came together to explore ways to boost women’s leadership in climate adaptation at an annual forum held by Women in Sustainability, Environment and Renewable Energy (WiSER), a global platform run by the UAE’s clean energy powerhouse Masdar.
Published on: 19 JAN 2023
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Masdar Calls upon World Leaders to Pledge Support for Women Tackling Climate Change
Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform today launched a global campaign, I Am WiSER, to raise support for women at the forefront of efforts to tackle climate change and encourage world leaders to press forward with initiatives to build a more inclusive and sustainable future.
Published on: 31 OCT 2022
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In the presence of the Jordanian Prime Minister Masdar Inaugurates Baynouna Solar Park, the largest of its kind in Jordan
The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar, and Finnish investment and asset management group Taaleri, has announced the formal inauguration of the 200-megawatt (MW) Baynouna Solar Park – the largest clean energy project in Jordan.
Published on: 25 FEB 2023
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UAE President, Egyptian counterpart witness signing of agreement to develop one of world’s largest onshore wind projects in Egypt
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Abdel Fattah El Sisi of Egypt witnessed the signing of an agreement between Masdar, one of the world’s fastest-growing renewable energy companies, along with its Infinity Power joint venture with Infinity, Egypt’s main renewable energy developer, and Hassan Allam Utilities, to develop a 10-gigawatt (GW) onshore wind project in Egypt – one of the largest wind farms in the world.
Published on: 08 NOV 2022
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Masdar to Explore Development of up to 1 GW Wind Power Project to Support Kazakhstan’s Clean Energy Objectives
Masdar, one of the world’s leading clean energy companies, has signed an agreement related to the development of a wind power plant with up to 1 gigawatt (GW) total capacity in the Republic of Kazakhstan, which would mark Masdar’s first investment in the Central Asian country.
Published on: 18 JAN 2023
