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Masdar and TotalEnergies to Develop a Commercial Green Hydrogen to Methanol to SAF project in Abu Dhabi
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with TotalEnergies to assess the viability of developing a commercial green hydrogen to methanol to SAF (Sustainable Aviation Fuel) project.
Published on: 01 AUG 2024
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Masdar to Acquire Saeta from Brookfield for $1.4 Billion
Abu Dhabi Future Energy Company PJSC - Masdar (“Masdar”), the UAE’s clean energy powerhouse, today announced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“Brookfield”), for an implied enterprise value of c. US$1.4 billion (€1.2 billion). Closing of the transaction is subject to customary approvals and is expected to occur around the end of 2024.
Published on: 24 SEP 2024
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Masdar finalizes joint investment in 3GW UK Offshore Wind Project
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 percent shareholding in the 3 gigawatt (GW) Dogger Bank South (DBS) project – one of the world’s largest planned offshore wind farms.
Published on: 29 FEB 2024
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Daimler Truck and Masdar explore liquid green hydrogen supply options to decarbonize road freight transport in Europe
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Daimler Truck Holding AG (“Daimler Truck”), one of the world’s leading commercial vehicle manufacturers, have signed a Memorandum of Understanding (MoU) to explore the feasibility of liquid green hydrogen exports from Abu Dhabi (UAE) to Europe by 2030.
Published on: 25 JAN 2024
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Masdar and CMA CGM Sign Strategic Supply Partnership for Long-term Supply of Green Alternative Fuels
Abu Dhabi Future Energy Company PJSC - Masdar, one of the world’s leading renewable energy companies, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have signed a Strategic Supply Partnership (SSP) which will explore the two companies entering long-term green maritime fuels offtake contracts to supply CMA CGM vessels.
Published on: 30 JAN 2024
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Masdar Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and received all regulatory approvals. The deal, agreed at a price of 20 euros per share, valued TERNA ENERGY at an enterprise value of 3.2bn euros, representing the largest ever energy transaction on the Athens Stock Exchange, and one of the largest in the EU renewables industry.
Published on: 28 NOV 2024
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Masdar reaches close on financing for 476MW Baltic Eagle Offshore Wind Project
Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, has achieved close on the financing of its 49 percent shareholding in the 476MW Baltic Eagle wind farm, located in the Baltic Sea off the coast of Germany.
Published on: 15 MAR 2024
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Masdar and Silk Road Fund Sign Co-investment Agreement for Renewable Energy Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and China’s Silk Road Fund (SRF) have signed a Memorandum of Understanding (MoU) to explore potential co-investment opportunities in renewable energy projects in Belt and Road Initiative (BRI) countries, primarily in the developing world and global south.
Published on: 22 NOV 2024
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Masdar signs Power Purchase Agreement for its 1GW Wind Farm in Kazakhstan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Power Purchase Agreement (PPA) with the Financial Settlement Centre for Renewable Energy Sources Support LLP for its 1GW wind farm in the Jambyl region of Kazakhstan.
Published on: 16 NOV 2024
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Masdar harnesses power of AI to protect birds of prey at Zarafshan wind farm
Wind farms can represent a real risk for birds of prey but thanks to the power of AI, Masdar is helping to protect them against the risk of colliding with turbines at the 500MW Zarafshan wind farm in Uzbekistan.
Published on: 16 NOV 2024
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President of Azerbaijan Breaks Ground on Masdar 1GW Solar and Wind Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse and SOCAR, the State Oil Company of Azerbaijan, have broken ground on three major solar and wind projects in Azerbaijan with a capacity of 1 gigawatt (GW).
Published on: 05 JUN 2024
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Masdar to Host Second Green Hydrogen Summit to Advance Clean Fuels Sector Globally
Abu Dhabi Future Energy Company PJSC – Masdar will host the second annual Green Hydrogen Summit on April 16, 2024, as part of the World Future Energy Summit, to accelerate the development of the global green hydrogen economy and support the energy transition.
Published on: 08 APR 2024
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Masdar and Infinity Power sign agreement for 200MW wind farm in Ras Ghareb
The UAE’s clean energy powerhouse, Masdar, and Infinity Power, have officially signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) to deliver a long-term supply of renewable energy generated by a landmark onshore wind project, located in Ras Ghareb, Gulf of Suez region.
Published on: 19 AUG 2024
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Development consent granted for UK Dudgeon extension project
Masdar together with its partners Equinor and China Resources Power has received consent from the UK Government to extend the 402MW Dudgeon offshore wind project.
Published on: 20 APR 2024
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Masdar set for leading role at World Future Energy Summit
World Future Energy Summit is the world’s leading business event for future energy, clean technology and sustainability, with a packed program of events, activations, discussions and forums.
Published on: 03 APR 2024
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Green Hydrogen Summit sets out roadmap to future fuels economy
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has hailed the conclusion of a highly successful Green Hydrogen Summit focused on accelerating the development of the global green hydrogen economy and supporting the energy transition.
Published on: 19 APR 2024
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Masdar and Bapco Energies to develop up to 2GW of wind projects in the Kingdom of Bahrain
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with Bapco Energies, the integrated energy company leading the energy transition in the Kingdom of Bahrain, to jointly explore the development and investment in wind projects in the Kingdom with a capacity of up to 2 gigawatts (GW).
Published on: 01 MAY 2024
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Masdar’s WiSER Platform Co-hosts Arab Women Leaders’ Summit During COP28 to Address Gender Equality and Climate Action
Women in Sustainability, Environment and Renewable Energy (WiSER) - Masdar’s global initiative that champions women as leaders of sustainable change - will co-host The Arab Women Leaders’ Summit in the Green Zone at COP28 on December 4.
Published on: 29 NOV 2023
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Masdar to Develop 150MWac Solar Plant in Angola to Power 90,000 Homes and Boost Just Energy Transition
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has announced plans to develop a major 150 megawatt (MW) solar PV project in Angola to deliver renewable energy to 90,000 homes while creating hundreds of jobs, spurring economic growth and cutting carbon emissions.
Published on: 02 DEC 2023
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UAE President and King of Malaysia witness Major Step Forward in development of 10GW clean energy projects by Masdar and MIDA
In the presence of UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan and the King of Malaysia, His Majesty Al-Sultan Abdullah Sultan Ahmad Shah, Masdar exchanges implementation roadmap with MIDA to advance 10GW of clean energy projects in Malaysia.
Published on: 01 DEC 2023
