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DEWA signs with Masdar to implement 800MW 3rd phase of the Mohammed bin Rashid Al Maktoum Solar Park
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) announced today the selected bidder for the 800 megawatt (MW) third phase of the Mohammed bin Rashid Al Maktoum Solar Park, which will be constructed based on the Independent Power Producer (IPP) model. HE Dr. Sultan Ahmed Al Jaber, Minister of State, and Chairman of Masdar, the Abu Dhabi Future Energy Company, was present. The selected bidder for the project is a Masdar-led consortium including the Spanish companies FRV (Fotowatio Renewable Ventures) and Gransolar Group. The consortium bid a Levelised Cost of Electricity (LCOE), of 2.99 US cents per kilowatt hour (kW/h).
Published on: 26 JUN 2016
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Greater Investments Needed in Renewables and Low-Carbon Projects
The discussion was hosted by Dr. Sultan Ahmed Al Jaber, UAE Special Envoy for Energy and Climate Change and CEO of Masdar, and Rt. Hon Gregory Barker MP, UK energy and climate change minister.
Published on: 14 JAN 2013
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Masdar’s CEO Receives Mauritania’s Order of National Merit Medal
Yesterday, His Excellency Moulaye Ould Mohamed Laghdaf, prime minister of Mauritania, presented His Excellency Dr. Sultan Ahmed Al Jaber, CEO of Masdar, with Mauritania’s Order of National Merit Medal. This is one of the most prestigious honours given by the President of Mauritania. The medal was presented in appreciation for Masdar’s commitment to accelerating the global adoption of renewable energy and sustainable development.
Published on: 19 APR 2013
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Masdar and IFC Seek to Join Forces on Renewable Energy Investment
The Memorandum of Understanding (MOU), signed yesterday in Washington, D.C., paves the way for the two parties to explore opportunities for the development of large-scale projects including: carbon capture, use and storage; cleantech venture capital and private equity fund co-investment; solar desalination and utility-scale solar and wind power projects.
Published on: 15 MAY 2013
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Masdar Launches Shams 1, the World’s Largest Concentrated Solar Power Plant in Operation
Today, His Highness Sheikh Khalifa bin Zayed Al Nahyan President of the United Arab Emirates and Ruler of Abu Dhabi officially inaugurated Shams 1, the largest concentrated solar power plant (CSP) in operation in the world. Located in the Western Region of Abu Dhabi, the 100-megawatt, grid connected power plant will generate clean energy to power 20,000 homes in the UAE.
Published on: 16 MAR 2013
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UAE Looks to Strengthen Economic Ties With China in Bilateral Talks
Major Gen Omar al Bitar Opportunities to strengthen economic ties between the United Arab Emirates and China, were the focus of talks during a two-day visit to China by UAE minister of state H.E Dr. Sultan Al Jaber. The visit is expected to lay the ground work for increased economic activity between the UAE and China which is growing at more than 14 per cent annually. Discussions explored opportunities for collaboration and investment across sectors of mutual interest, including energy, infrastructure and technology.
Published on: 29 MAY 2014
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Abu Dhabi Power Corporation, Mubadala and Masdar Enter into Strategic Partnership
Abu Dhabi, 16 January 2019: Abu Dhabi Power Corporation, a state-owned entity with a mandate to generate value through active asset management of key utilities’ investments in Abu Dhabi, entered into a strategic partnership with Mubadala Investment Company and Abu Dhabi Future Energy Company (‘Masdar’); a subsidiary of ‘Mubadala’, during a signing ceremony held at Abu Dhabi Sustainability Week 2019.
Published on: 16 JAN 2019
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Masdar City showcases sustainable smart home farming solutions for increased food and water security during ADSW 2019
Abu Dhabi, United Arab Emirates; January 17, 2019 – Masdar City in Abu Dhabi has unveiled a Smart Home Farming Showcase called ‘Bustani’ at its Eco-Villa prototype to demonstrate emerging farming solutions that will help UAE residents become more self-sufficient in meeting their everyday food needs.
Published on: 17 JAN 2019
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Bio-fuels and New-Generation Technologies to Help Aviation Sector Curb Carbon Emissions
Bio-fuels and new-generation technologies coupled with known operations and infrastructure measures, will help the aviation industry reduce carbon emissions substantially. However, the main challenge is being able to produce enough feed-stocks at industrial scale in a sustainable manner, without falling into the common debates of food vs. fuel or indirect land use change, according to Dr. Alejandro Ríos Galván, Director, Sustainable Bioenergy Research Consortium (SBRC), and Professor of Practice, Masdar Institute of Science and Technology.
Published on: 26 NOV 2013
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Masdar and Equinor inaugurate world’s first battery storage facility connected to an offshore wind
Masdar (Abu Dhabi Future Energy Company) and the Norwegian multinational energy company Equinor (formerly Statoil) have installed, and will soon begin testing, a new battery system designed to store electricity generated by Hywind Scotland, the world’s first commercial-scale floating wind farm.
Published on: 26 JUN 2018
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Abu Dhabi Sustainability Week concludes with The Festival at Masdar City
Today was the first day of The Festival at Masdar City, and there's the promise of more fun, food and entertainment tomorrow! The event which concludes Abu Dhabi Sustainability Week is dedicated to raising community awareness of sustainability, brings in crowds with food trucks, live entertainment, and educational games and activities. The different Experience Zones include a Souk selling local and organic produce as well as an innovation hub filled with high-tech gadgets.
Published on: 19 JAN 2018
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Second annual Student Exclusive gives youth a voice on sustainability
More than 600 students from the UAE and countries around the world took part in the second annual “Student Exclusive” at Abu Dhabi Sustainability Week (ADSW) on Wednesday. Now a signature event of ADSW, the Student Exclusive is focused on empowering young people to think and act sustainably.
Published on: 18 JAN 2017
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Finalists announced for 2018 Zayed Future Energy Prize
International experts from the fields of energy, sustainability and education chose a shortlist of 34 finalists for the 2018 Zayed Future Energy Prize on Sunday and Monday during the third of a rigorous four-stage evaluation process. The finalists will now be discussed during a meeting of the prize’s Jury at the end of this month, with the winners to be announced at the annual awards ceremony during Abu Dhabi Sustainability Week in January.
Published on: 17 OCT 2017
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Leading UK advanced materials research centre to be named The Masdar Building
A new research centre at the University of Manchester in England aimed at marketing products and technologies made from a “wonder material” known as graphene will be called The Masdar Building.
Published on: 21 OCT 2017
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Masdar wins Emirates Energy Awards at World Green Economy Summit
Abu Dhabi’s renewable energy company, Masdar, was honoured this week with two Emirates Energy Awards during the 4th annual World Green Economy Summit (WGES), held in conjunction with the 19th annual Water, Energy, Technology and Environment Exhibition (WETEX) in Dubai.
Published on: 25 OCT 2017
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Renewable Energy Challenge Hosted at Abu Dhabi Science Festival
“The spirit of innovation and breakthrough ideas can come at any age,” said Dr. Sultan Ahmed Al Jaber, CEO and Managing Director of Masdar, Abu Dhabi’s multifaceted renewable energy company. “We are committed to sparking the curiosity of students to become interested in emerging fields, such as renewable energy and sustainable development. Interactive, hands-on challenges are a good way to motivate students to take an active role in science-based careers – and hopefully become passionate leaders who will continue to advance our social and economic prosperity.”
Published on: 07 OCT 2012
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HH Sheikh Abdullah bin Zayed Al Nahyan Inaugurates IRENA HQ in Masdar City
His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE minister of foreign affairs, inaugurated the International Renewable Energy Agency (IRENA) headquarters in Abu Dhabi’s Masdar City today reinforcing the UAE’s status as a global energy leader. Housing the first intergovernmental agency in the Middle East, the headquarters is the UAE’s most sustainable office building and a physical embodiment of the organisation’s mission to advance renewable energy.
Published on: 09 JUN 2015
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Masdar sign MOU with ACWA Power and EEHC to Explore New Power Generation in Egypt
Masdar, ACWA Power and the Egyptian Electricity Holding Company (EEHC) have concluded a Memorandum of Understanding (MoU) to explore developing up to 4 Gigawatts of renewable and natural gas power generation projects in Egypt.
Published on: 13 MAR 2015
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UAE Urges Nations to Unite and Act to Ensure Global Water Security
Speaking at the opening ceremony of the 7th World Water Forum in the Republic of Korea, His Excellency Dr Sultan Al Jaber, UAE Minister of State and Chairman of Masdar called on nations to unite and commit to tangible actions aimed at addressing water scarcity challenges and ensuring global water security.
Published on: 11 APR 2015
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Zayed Future Energy Prize Participates in India’s Green Summit
The Zayed Future Energy Prize outreach campaign gained momentum with participation in the Green Summit 2015, in Bengaluru, Karnataka, India, between April 23-25.
Published on: 26 APR 2015
