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Innovation Month 2021: How Masdar City is supporting the UAE as a power hub of innovation
Masdar City, Abu Dhabi’s flagship sustainable urban development, is today home to more than 900 organizations – ranging from international giants to home-grown start-ups – that are developing innovative technologies in the areas of energy, space and artificial intelligence to address the world's most critical sustainability challenges.
Published on: 24 FEB 2021
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Masdar Green REIT signs green financing commitment with First Abu Dhabi Bank for growth of its portfolio
Masdar City, Masdar’s pioneering sustainable urban development in Abu Dhabi, through its Masdar Green Real Estate Investment Trust (REIT), has signed a financing commitment in the amount of USD$200,000,000, with First Abu Dhabi Bank (FAB) relating to financing of the REIT portfolio to facilitate further acquisitions and portfolio growth. FAB will act as sole mandated lead arranger and bookrunner, green loan coordinator, agent, security agent and account bank for this transaction.
Published on: 19 JAN 2022
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Masdar project wins regional award
One of our projects has received a prestigious regional award. Dumat Al Jandal (DAJ), the first wind farm in Saudi Arabia and the largest development of its kind in the Middle East, has won the Renewable Deal of the Year at the annual Project Finance International (PFI) Awards, in the Middle East and Africa category.
Published on: 08 FEB 2020
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Masdar signs landmark agreements to develop 4 GW-capacity green hydrogen plants in Egypt by 2030
Masdar, one of the world’s leading renewable energy companies, and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, announced today that they have signed two Memorandums of Understanding with leading Egyptian state-backed organizations to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast.
Published on: 24 APR 2022
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Masdar-EDF Renewables-Nesma consortium reaches financial close and starts construction on 300 MW solar project in Saudi Arabia
The consortium led by Masdar and EDF Renewables, both global leaders in renewable energy, and Nesma Company, announced today it has reached financial close on a 300-megawatt (MW) utility-scale photovoltaic (PV) solar power plant in Jeddah and is starting construction.
Published on: 10 APR 2021
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Masdar Empowers Next Generation of Global Sustainability Leaders to Innovate Climate Solutions at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Youth 4 Sustainability (Y4S) initiative convened global industry leaders, regional policymakers, students and young professionals for a series of events to empower youth climate engagement and action on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 17 NOV 2022
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Masdar participates in webinar for regional sustainable aviation fuel initiative
The UAE is well-positioned to produce hydrogen sustainably, participants of the Sustainable Aviation Fuels Initiative for the United Arab Emirates (SAFI-UAE) webinar series heard.
Published on: 20 SEP 2020
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Masdar supports MEA Energy Week to advance energy transformation agenda
Masdar is a key partner for Siemens Energy’s MEA Energy Week virtual conference, designed to drive forward the sustainability and decarbonization agenda at a defining moment in the energy industry.
Published on: 07 OCT 2020
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Youth 4 Sustainability workshop explores the power of Artificial Intelligence
Artificial Intelligence will provide job opportunities and help people rather than compete with them, participants of a Youth 4 Sustainability (Y4S) workshop heard last week. The workshop, hosted by Y4S, one of Masdar’s strategic initiatives, explored the concept of Artificial Intelligence (AI), how the UAE is applying the technology and applications of AI in future employment.
Published on: 20 SEP 2020
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2020 marks start of ‘decade of action’ UAE and international policymakers declare ahead of ADSW 2020
2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared today ahead of Abu Dhabi Sustainability Week (ADSW).
Published on: 06 JAN 2020
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Flying the flag for Siemens Energy at Masdar City
A flag-raising ceremony at Masdar City this morning marked the brand launch of Siemens Energy in the region. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, one of the world’s leading renewable energy companies, attended the ceremony hosted by Dietmar Siersdorfer, Chief Executive Officer of Siemens Energy Middle East and UAE.
Published on: 01 JUL 2020
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UAE’s Hope Probe Mission past midway point of journey to red planet
The Emirates Mars Mission Hope Probe has travelled over halfway to the red planet and has successfully completed the mid-flight testing of all of its equipment, Her Excellency Sarah Al Amiri, Minister of Advanced Technology and Chairperson of the UAE Space Agency said at a Masdar employee event today.
Published on: 25 OCT 2020
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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 expands presence in Australia with investment in Maryvale Energy from Waste project
Masdar has made its second investment in Australia after joining the Maryvale Energy from Waste (EfW) project in the state of Victoria as an equity partner.
Published on: 21 OCT 2020
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Masdar launches ‘For A Sustainable Future’ campaign to celebrate 15 years as a global renewable energy leader
Masdar has launched the global brand campaign ‘For A Sustainable Future’ to reinforce the company’s leadership in renewable energy and sustainable technology, while highlighting the sustainable development goals of the United Arab Emirates.
Published on: 01 APR 2021
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Zayed Sustainability Prize reveals 30 finalists across five categories
Addressing some of the world’s most pressing and core development challenges, and aligned to the UN Sustainable Development Goals (SDGs) 2030, the finalists of the Zayed Sustainability Prize 2020 were announced today – with 30 candidates now vying to win up to 10 awards, across five categories: Health, Food, Energy, Water, and Global High Schools.
Published on: 07 OCT 2019
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TAQA and Masdar-led Consortium Announce Financial Closing for the World’s Largest Solar Power Plant
Abu Dhabi National Energy Company (TAQA) and Masdar – alongside partners EDF and JinkoPower – announced today the successful financial closing of the Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project.
Published on: 22 DEC 2020
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TAQA Group to support Abu Dhabi Sustainability Week 2021 as Energy Sector Partner
Masdar, host of Abu Dhabi Sustainability Week (ADSW), today announced that TAQA Group (Abu Dhabi National Energy Company PJSC) will support the global platform for accelerating sustainable development as ADSW’s Energy Sector Partner. The partnership with TAQA will support ADSW’s initiatives and events, which are bringing global leaders together virtually from 18 – 21 January 2021, to engage in dialogue and take action to advance the global sustainability agenda.
Published on: 17 JAN 2021
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Yousif Al Ali highlights resilience and potential of renewables
Rapidly decreasing costs, competitive technology and round the clock availability of renewable energy is establishing it as a strong contender despite the challenges of COVID-19, Yousif Al Ali, Executive Director, Clean Energy told REGlobal.
Published on: 14 OCT 2020
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Youth for Sustainability actively contributes to preparing the next generation
Masdar’s Youth 4 Sustainability (Y4S) Virtual Forum concluded following a successful three-day dialogue at Abu Dhabi Sustainability Week 2021, which included inspirational discussion and keynotes by government leaders, industry experts, young innovators and social entrepreneurs. The Forum wrapped up with the Ecothon PitchDay competition for Y4S participants, which focused on innovation in sustainability.
Published on: 25 JAN 2021
