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Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa’s Clean Energy Objectives
Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW).
Published on: 19 JAN 2023
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Masdar Signs Agreement to Develop Clean Energy Projects in Kyrgyzstan with 1 GW Capacity
Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Kyrgyz Republic’s Ministry of Energy to develop a pipeline of renewable projects in the Central Asian nation, with a capacity of up to 1 gigawatt (GW), starting with a 200-megawatt (MW) solar photovoltaic (PV) plant.
Published on: 10 JAN 2023
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Masdar Chairman Dr. Sultan Al Jaber Calls for ‘Maximum Energy, Minimum Emissions’ to Deliver Global Energy Transition
His Excellency Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate Change and Chairman of Masdar, called for the world to utilize all available energy sources, including renewables and hydrogen, to meet the energy needs of a growing global population.
Published on: 01 NOV 2022
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Masdar looks to expand floating solar portfolio in Asia Pacific Asia Power interview
As Masdar moves ahead with construction of its Cirata floating solar power plant in Indonesia, the company is looking to develop its floating solar portfolio in the Asia-Pacific region, Masdar President Director for Indonesia, Fatima Al Suwaidi, said this week in an interview with Asian Power.
Published on: 29 APR 2022
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Masdar Completes Inaugural Course in Rwanda to Empower Women to Tackle Renewable Energy Access in Off-Grid Communities
Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform today completed its first field-based course in Rwanda to teach young women in rural off-grid communities to harness the potential of clean energy solutions, in line with the United Nations’ Sustainable Development Goal (UN SDG) 7 to ensure access to affordable, reliable, sustainable and modern energy for all.
Published on: 26 AUG 2022
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Masdar Achieves Financial Close on Three Solar Projects in Uzbekistan
Financing for the projects is being provided by the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB). The Dutch Entrepreneurial Development Bank, FMO, and ILX are acting as B loan participants.
Published on: 06 APR 2023
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Masdar Expands Presence in US with Completion of Acquisition of Big Beau Project Stake from EDF Renewables North America
Masdar, one of the world’s fastest-growing clean energy companies, has further expanded its presence in the United States’ renewables market after closing the acquisition of a 50 percent stake in a combined solar and battery storage project from EDF Renewables North America.
Published on: 12 APR 2023
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Global CCS Institute Opens First Regional Headquarters at Masdar City
Abu Dhabi, United Arab Emirates; 30th August 2022: Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, has announced the opening of the Global Carbon Capture and Storage (CCS) Institute’s first Middle East headquarters. The opening was attended by the Institute’s global CEO, Jarad Daniels, who was visiting the region as part of a five-day tour, accompanied by the Institute’s Head of the MENA Region, Dr Mohammed Abu Zahra, and General Manager of Client Engagement, Jeff Erikson.
Published on: 30 AUG 2022
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Masdar Signs Agreement with Tanzania’s TANESCO to Develop 2 GW Renewable Energy Capacity
Masdar, one of the world’s leading renewable energy companies, announced that it has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) related to the development of renewable energy projects with a total capacity of up to 2 gigawatts (GW).
Published on: 05 AUG 2022
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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 Achieves Financial Close on Landmark 230 MW Garadagh Solar PV Plant in Azerbaijan
Abu Dhabi, United Arab Emirates; August 02, 2022: Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved financial close for its 230-megawatt (MW) Garadagh Solar Photovoltaic (PV) Plant in Azerbaijan – the nation’s first foreign investment-based independent solar power project, and Masdar’s first project in the country.
Published on: 02 AUG 2022
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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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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’s youth leaders attend COP25
A delegation of members from Masdar’s Future Sustainability Leaders and WiSER Pioneers programmes recently participated in the UN Climate Change Conference COP25, in Madrid, Spain.
Published on: 24 DEC 2019
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Masdar announces Ecothon Plus competition winner
Masdar, one of the world’s leading renewable energy companies, has today announced “The Improvers” as the winning team of its Ecothon Plus competition, which is held under its Future Sustainability Leaders programme.
Published on: 25 DEC 2019
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Masdar CEO visits Dumat Al Jandal wind farm project site
Masdar CEO Mohamed Jameel Al Ramahi led a delegation to Saudi Arabia earlier this month, where they met with HRH Prince Faisal bin Nawaf bin Abdul Aziz, Governor of Al-Jouf, and visited the site of the Dumat Al Jandal wind farm project.
Published on: 18 DEC 2019
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ADQ Launches AED1.1billion fund to help start-ups establish headquarters in Masdar City
ADQ, one of the region’s largest holding companies with a diverse portfolio spanning key sectors of Abu Dhabi’s non-oil economy, has launched an AED1.1billion venture fund that will help early-stage businesses set up global or regional headquarters in Masdar City.
Published on: 20 MAY 2020
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Masdar and EDF Renewables agree to partner in eight renewable energy projects in United States
Masdar has announced its second strategic investment in the United States (US) in a deal with EDF Renewables North America that will see it acquire a 50 percent stake in a 1.6-gigawatt (GW) clean-energy portfolio.
Published on: 13 AUG 2020
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Youth 4 Sustainability hosts Sustainability Ambassadors Programme Orientation Day
Youth 4 Sustainability (Y4S), an initiative that aims to get youth involved in sustainability efforts, held their annual Sustainability Ambassadors Programme Orientation Day at the Abu Dhabi Youth Hub located in Masdar City.
Published on: 16 NOV 2019
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Masdar signs JDA for the development of up to 400MW of solar projects in Armenia
Masdar, one of the world’s leading renewable energy companies, has signed a Joint Development Agreement (JDA) with the Armenian National Interests Fund (ANIF) for the development of solar power projects with a total capacity of 400 MW in Armenia. The investment adds between US$300 million and US$320 million into the Armenian economy.
Published on: 30 NOV 2019