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Second Edition of Abu Dhabi Sustainability Week Kicks Off
The second edition of Abu Dhabi Sustainability Week (ADSW) gets underway today, welcoming global leaders to the UAE capital for a week of high-level dialogue to address the interconnected challenges affecting renewable energy, water scarcity and sustainable development. Taking place January 18-25, ADSW is the Middle East’s largest gathering on sustainability.
Published on: 18 JAN 2014
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5 Pacific Countries to Receive Grants from UAE’s $50m Renewable Energy Fund
The United Arab Emirates today signed partnerships with five Pacific island countries to deploy renewable energy projects, financed from the US$50 million UAE-Pacific Partnership Fund. The solar and wind projects – in Fiji, Kiribati, Samoa, Tuvalu and Vanuatu – represent one of the largest capital investments in the region’s clean energy sector. With grant financing from Abu Dhabi Fund for Development (ADFD), project completion is expected in late 2014.
Published on: 19 JAN 2014
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UAE and Denmark Cooperate to Advance Renewable Energy and Sustainability Globally
The United Arab Emirates and the Government of Denmark today signed a strategic framework agreement outlining nine areas of collaboration focused on advancing renewable energy and sustainability globally. The agreement was signed by H.E. Dr. Sultan Al Jaber, UAE minister of state and CEO of Masdar, and Rasmus Helveg Petersen, Danish minister of development cooperation. The signing ceremony was held in the presence of Frederik, Crown Prince of Denmark.
Published on: 19 JAN 2014
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Indian Ocean Rim Countries Launch Partnership to Accelerate Growth of Renewable Energy Markets
Ministers and senior officials from 25 Indian Ocean Rim Association countries today launched a series of new initiatives to accelerate the deployment of renewable energy throughout the Indian Ocean region.
Published on: 20 JAN 2014
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Turbine installation complete at London Array
With all turbines in place and 55 connected and supplying power to the national grid, the wind farm is on track to be fully operational in Spring 2013. The wind farm has been generating energy since October 2012 when the first turbine began producing power.
Published on: 15 DEC 2012
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Shams 1 Wins Project of the Year Award
“We are delighted that Shams 1 has received such a prestigious award,” said Yousif Al Ali, the general manager of Shams Power Company, a subsidiary of Masdar. “This demonstrates the leading role that Masdar plays in the region’s renewable energy sector. It also represents a realisation of the vision that our wise leadership has for renewable energy in the UAE.”
Published on: 13 NOV 2012
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Masdar Invests In Offshore Wind Farm; Expanding Its Presence In The UK Wind Energy Market
Today, Masdar announced its partnership with Norway’s Statoil and Statkraft in a 402 MW offshore wind farm project, off the Norfolk coast in Eastern England. Masdar acquired a 35 percent stake in the project from Statoil. This leaves Statoil retaining a 35 percent stake and remaining operator of the project, with the remaining 30 percent owned by Statkraft.
Published on: 22 SEP 2014
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Masdar to Build the First Large-Scale Wind Farm in the GCC
Masdar, Abu Dhabi’s renewable energy company, today signed a joint development agreement with the Rural Areas Electricity Company (RAECO) to build the first large-scale wind farm in the Gulf Cooperation Council (GCC). The $125 million, 50-megawatt wind farm in the Sultanate of Oman will be constructed in the country’s Dhofar Governorate.
Published on: 21 OCT 2014
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Abu Dhabi Prepares for the Arrival of Solar Impulse 2
Solar Impulse representatives have arrived in Abu Dhabi to meet with local authorities in beginning preparation for the plane’s arrival in January. With the historic flight scheduled to take off from Abu Dhabi next March, pilots of the Solar Impulse 2 (Si2) will conduct test flights and perform fine-tuning exercises this January, in preparation for the five month journey. The plane, and its two co-founders, will attempt to fly around the world – without a drop of fuel – only using the power of the sun.
Published on: 24 OCT 2014
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A High-level Delegation Visits Shams 1 Solar Plant
Ambassadors from 18 countries recently visited Shams 1 – a 100-megawatt solar-thermal project located in Abu Dhabi’s Western Region. The tour of Shams 1 was part of a broader visit to the region organized and hosted by the Ruler's Representative Court in the Western Region.
Published on: 21 DEC 2014
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Solar Impulse 2 Arrives in Abu Dhabi
Solar Impulse 2 (Si2), the world’s first solar-powered plane able to fly day and night without a drop of fuel, arrived in Abu Dhabi by cargo plane from Switzerland. Si2’s crew of 80 technicians, engineers and a communications team will spend the next week re-assembling the giant plane and readying it for public display this month at Abu Dhabi Sustainability Week (ADSW) in advance of its March take-off on its round-the-world flight.
Published on: 10 JAN 2015
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Successful Abu Dhabi Ascent Concludes with Call on Action from Ban Ki-moon
UN Secretary General, Ban Ki-moon, officially closed climate change discussions in Abu Dhabi yesterday (Monday) with a rallying cry to governments and business to take meaningful action to mitigate the impact of climate change. Hailing the Abu Dhabi Ascent as a success, he said the meeting was a critical step forward on the way to forging a consensus on how to tackle climate change.
Published on: 05 MAY 2014
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Masdar Encourages UAE Youth to Take up Technical Careers at Skills Competition
Organized under the patronage of Her Highness Sheikha Fatima Bint Mubarak, chairwoman of the Family Development Foundation and Head of the General Women’s Union, the EmiratesSkills National Competition is taking place April 23-25 at the Abu Dhabi National Exhibition Centre. Skills that are being highlighted during the competition include web design, IT software solutions, automobile technology, electrical installations and robotics.
Published on: 22 APR 2013
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MOU Signed with ADCCI to Promote Abu Dhabi as a Leading Investment Destination
The MoU was signed by His Excellency Mohammed Helal Al Muhairi, Director General of the Abu Dhabi Chamber of Commerce and Industry and Mohamed Jameel Al Ramahi, Chief Operating Officer of Masdar.
Published on: 19 NOV 2013
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UAE’s first waste-to-energy project receives landmark award for first-of-its-kind financing loan
Bee’ah, the Middle East’s sustainability pioneer, and Masdar, the Abu Dhabi Future Energy Company, were recognized as the winners of the Structured Loan Deal of the Year Award at the Bonds, Loans & Sukuk Middle East Awards for their financing of the UAE’s first waste-to-energy project. The award was presented during a ceremony held on the 6th of November 2018, as part of the prestigious Project, ECA & Structured Finance Conference conducted in Dubai.
Published on: 10 NOV 2018
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Dudgeon wind farm signs publicly rated landmark project refinancing of GBP1.4 billion
The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group have announced the signing of a hybrid refinancing that includes approximately GBP561 million of commercial bank debt and GBP706 million of senior secured notes privately placed with institutional investors, finally maturing in 2032. Both tranches have been oversubscribed, underpinning strong investor interest. The A- (EXP) rating by Fitch reflects efficient operations and robust asset performance.
Published on: 13 DEC 2018
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Masdar collaborates with Department of Transport to roll out first all-electric bus service in the Middle East
Abu Dhabi, United Arab Emirates; January 3, 2019 – Masdar, the Abu Dhabi Future Energy Company, has officially launched the first fully electric passenger bus in the region in partnership with the Department of Transport in Abu Dhabi (DoT), Abu Dhabi-based bus manufacturer Hafilat Industry LLC , and leading technology company Siemens.
Published on: 03 JAN 2019
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The EDF Renewables-Masdar consortium awarded the Dumat Al Jandal (400 MW) wind project in Saudi Arabia
Paris, January 10th 2019 – The consortium consisting of EDF Renewables and Masdar (Abu Dhabi Future Energy Company PJSC), both global leaders in renewable energy, is announcing that it has won the tender for the Dumat Al Jandal wind farm.
Published on: 10 JAN 2019
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Cepsa and Masdar focus their collaboration on renewables in Spain and Portugal
Abu Dhabi, UAE, January 15, 2019: Cepsa and Abu Dhabi Future Energy Company (Masdar) have strengthened their collaboration in renewables by today signing a Partnership Agreement at Abu Dhabi Sustainability Week, one of the world’s largest gatherings on sustainability that is currently being held in the UAE capital.
Published on: 15 JAN 2019
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Masdar Park reopens for the Abu Dhabi community
Masdar Park at Masdar City has reopened with even more family attractions, further enhancing the city’s image as a popular community destination. The expanded park, now double in size at 2,500 square metres, includes more F&B outlets, a children’s playground, music wall, sports facilities and design installations themed on sustainability.
Published on: 12 DEC 2017
