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Masdar-Egypt clean energy projects demonstrating way forward for Africa
As world leaders gather in Sharm El-Sheikh, Egypt, for the UN Climate Change Conference – better known as COP27 – Masdar, Abu Dhabi’s flagship renewable energy company, is demonstrating how Egypt and other African nations can drive decarbonization efforts.
Published on: 08 NOV 2022
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Act now to halve emissions by 2030, says IPCC
A reduction in the growth rate of global greenhouse gas emissions provides a short window of opportunity to limit the maximum temperature increase to 1.5°C (2.7°F) by 2025, and avoid the more catastrophic effects of climate change, scientists have stated in the latest Intergovernmental Panel on Climate Change (IPCC) report.
Published on: 11 APR 2022
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ADSW Talks: COP28 hosting is “vote of confidence” in UAE’s climate leadership
The UAE being selected to host COP28 in 2023 is “a vote of confidence by the international community in the UAE’s climate leadership,” Her Excellency Mariam bint Mohammed Saeed Hareb Almheiri, UAE Minister of Climate Change and Environment, says in the first episode of our new ADSW Talks series.
Published on: 08 JAN 2022
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Masdar strengthens support for global climate action with 40% boost in clean energy capacity
Masdar is continuing to strengthen its support for global climate action, with the capacity of its clean energy project portfolio rising 40 percent in 2021.
Published on: 21 MAR 2022
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Masdar, EDF Renewables and Nesma Renewable Energy Win Bid for 1,100MW Solar IPP Project in Saudi Arabia
Abu Dhabi Future Energy Company PJSC – Masdar, EDF Renewables and Nesma Company have signed a Power Purchase Agreement (PPA) with the Saudi Power Procurement Company (SPPC) to develop the 1,100 MW Al Henakiyah solar power plant. Once operational, it is expected that the project will power more than 190 thousand homes per year and displace more than 1.8 million tonnes of carbon dioxide annually.
Published on: 07 NOV 2023
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Masdar Opens New Office in Saudi Arabia
Masdar, one of the world’s fastest-growing renewable energy companies, has pledged to strengthen its support for Saudi Arabia’s clean energy objectives, with the opening of a new dedicated office in the Kingdom. Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co. (SPPC) for wind and solar projects with a combined capacity of 3.3 gigawatts (GW).
Published on: 28 OCT 2022
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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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Strata CEO Says Quality Products and Gaining Customers Trust Remain Crucial to Success
Instilling pride by educating employees on quality, changing traditional mindsets and gaining the confidence of customers with world-class products are some of the measures that have brought immense benefits, said Badr Al-Olama, Chief Executive, Strata Manufacturing, an advanced composite aerostructures manufacturing facility , fully owned by Mubadala Development Company.
Published on: 11 FEB 2014
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Department of Energy Reaffirms Commitment to Abu Dhabi Sustainability Week, returning as Principal Partner for next 2 years
Abu Dhabi Sustainability Week (ADSW), Masdar’s global platform for accelerating sustainable development, today announced that the Abu Dhabi Department of Energy (DoE) has signed an agreement to return as Principal Partner of both ADSW 2023 and 2024.
Published on: 28 NOV 2022
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Masdar Named ‘Energy Company of the Year’
Today, Masdar was recognised as ‘Energy Company of the Year,’ and honoured with ‘Energy Business Leader of the Year’ distinctions during the first-ever Gulf Business Industry Awards. The awards underscore Masdar’s commitment to maintaining Abu Dhabi’s leadership position in the evolving energy market, and the company’s critical role in helping the Emirate move from a resource-based economy to one based on knowledge and innovation.
Published on: 24 SEP 2012
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Masdar and RWE Sign Agreement to Target Key Global Offshore Wind Markets
Abu Dhabi Future Energy Company – Masdar – and Germany’s RWE Renewables, two of the world’s leading renewable energy companies, announced today they have signed a Memorandum of Understanding (MoU) to explore collaboration on developing offshore wind projects in a range of key markets.
Published on: 26 SEP 2022
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COP28 represents “unprecedented opportunity” to highlight economic potential of climate action, says Masdar CEO
The United Arab Emirates’ bid to host the COP28 global climate summit will help to highlight the economic benefits of climate action, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi told CNBC. Masdar “will do everything we can to support the UAE government in making this a reality,” he stated.
Published on: 26 MAY 2021
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UAE flagship renewable energy company Masdar launches first US$750 million 10-year Green Bond
Net proceeds will be used to invest exclusively in new clean energy projects in connection with the company’s Green Finance Framework
Published on: 19 JUL 2023
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WiSER Wisdom Series explores the growing influence of ESG investing
Collaboration between public and private sector entities is crucial if the adoption of sustainable finance is to accelerate, attendees of the first in-person WiSER Wisdom Series heard.
Published on: 05 DEC 2021
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Masdar Launches First Green REIT in UAE
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy and sustainable real estate companies, has announced the launch of a sustainable real estate investment trust (REIT) – the first ‘green’ REIT to be introduced in the UAE.
Published on: 15 JAN 2020
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Masdar partners with Circle of Hope to support women, youth and environment
Masdar has announced a partnership with Circle of Hope, an organization founded by Sheikha Shamma bint Sultan bin Khalifa Al Nahyan. The partnership aims to help educate and empower women and youth and to combat climate change across the UAE and beyond. The agreement was signed by Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Founder of Circle of Hope and Mohammed Jameel Al Ramahi, Chief Executive Officer of Masdar during a virtual signing ceremony.
Published on: 04 APR 2021
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Masdar and ENGIE form US$5 billion strategic alliance to help drive UAE’s green hydrogen economy
ENGIE and Masdar, one of the world’s fastest-growing renewable energy companies, announced today that they have signed a strategic alliance agreement to explore the co-development of a UAE-based green hydrogen hub. The two companies are looking to develop projects with a capacity of at least 2 GW by 2030, with a total investment in the region of US$5 billion.
Published on: 03 DEC 2021
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Masdar to develop solar power plant for Bee’ah’s HQ
Masdar, one of the world’s leading renewable energy companies, has signed a contract to develop a ground-mounted solar power plant at Bee’ah’s iconic new headquarters in Sharjah.
Published on: 21 OCT 2019
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Masdar signs agreement to develop Armenias largest solar power plant
Masdar has signed an agreement with the Government of the Republic of Armenia to develop a 200-megawatt (MW) solar photovoltaic (PV) plant. The Ayg-1 project will be Armenia’s largest utility-scale solar plant.
Published on: 26 NOV 2021
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Masdar wins GCC Gov HR Award
Masdar’s Human Capital team has been announced as the winner of the Gulf Cooperation Council (GCC) Gov HR Award’s Best Employee Benefits and Wellbeing Strategy for its Masdar Wellness Programme.
Published on: 16 OCT 2019
