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Carbon Intensive Industries Call for Financing to Support Decarbonization
Executives from ‘hard-to-abate’ industries have called for increased financing to support decarbonization efforts, following the release of a landmark report that outlines less than a third believe they have adequate budgets to do so, and over half have not yet set net-zero targets.
Published on: 27 FEB 2023
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Masdar on track to become one of world’s largest renewable energy companies
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has announced that it has nearly doubled its clean energy capacity and CO2 displacement in the space of two years, and is on track to fulfill its ambition of becoming one of the world’s largest renewable energy companies by 2030.
Published on: 18 MAY 2023
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Infinity Power signs MOU with Copelouzos Group to Jointly Develop Renewable Energy Projects
Copelouzos Group, through its subsidiary companies DAMCO ENERGY and ELICA MEDITERRANEAN INTERCONNECTION, and Infinity Power, a joint venture between Masdar (Abu Dhabi Future Energy Company) and Egypt’s Infinity, have signed a Memorandum of Understanding in order to access, on a non-exclusive basis, the possibility of jointly developing renewable energy projects that will provide GREGY electrical interconnection with a source of green energy.
Published on: 17 MAY 2023
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Infinity Power Finalizes Acquisition of Lekela Power in Africa’s Biggest Renewable Energy Deal
Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, announced today it has completed the acquisition of the entire shareholding of Lekela Power. The transaction makes Infinity Power the largest renewable energy company on the African continent. Infinity’s key stakeholders include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD).
Published on: 20 MAR 2023
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Renewable energy capacity must triple by 2030, Masdar Chairman tells CERAWeek
Renewable energy capacity needs to triple by the end of this decade if the world is to meet climate targets, Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, said in his keynote speech at CERAWeek in Houston, Texas.
Published on: 07 MAR 2023
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Emerge and Miral Celebrate Inauguration of Abu Dhabi’s Largest Rooftop Solar Project at Warner Bros. World™ Abu Dhabi
Emerge, a joint venture between Masdar and EDF, and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, have inaugurated the 7-megawatt peak (MWp) rooftop solar photovoltaic (PV) project at Warner Bros. World™ Abu Dhabi on Yas Island, making it the largest rooftop solar project in the UAE capital.
Published on: 14 MAR 2023
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Masdar and IFC Agree to Explore Ways to Advance Climate Action in Emerging Markets
The collaboration framework was signed by Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar and Mohamed Gouled, Vice President of Industries at IFC, on the side-lines of the World Government Summit 2023, taking place in Dubai this week. HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Masdar Chairman, witnessed the signing, along with Makhtar Diop, Managing Director of IFC.
Published on: 14 FEB 2023
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Masdar CEO receives Honorary Fellowship of the Energy Institute
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, has been made an Honorary Fellow of the Energy Institute (EI), the UK-based professional body spanning the world of energy, in recognition of his leadership in the fields of renewable energy and clean technologies.
Published on: 02 MAR 2023
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Masdar solar plant brings light to communities in Belize
Children can study with ease and residents can walk safely at night in rural Belize, thanks to renewable electricity generated by a UAE-funded Masdar project.
Published on: 05 JUN 2023
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In the presence of the Jordanian Prime Minister Masdar Inaugurates Baynouna Solar Park, the largest of its kind in Jordan
The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar, and Finnish investment and asset management group Taaleri, has announced the formal inauguration of the 200-megawatt (MW) Baynouna Solar Park – the largest clean energy project in Jordan.
Published on: 25 FEB 2023
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Held under the patronage of Khaled bin Mohamed bin Zayed Masdar’s Youth 4 Sustainability (Y4S) platform returns to Abu Dhabi Sustainability Week
Masdar, one of the world’s leading renewable energy companies and the host of Abu Dhabi Sustainability Week (ADSW), has announced the opening of registration for the 2022 Youth 4 Sustainability (Y4S) forum, a series of youth-led discussions taking place from January 17 – 19 as part of ADSW 2022.
Published on: 13 JAN 2022
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The plight of climate change demands gender parity
The UAE’s bid to host the 28th session of the Conference of Parties (COP 28) global climate summit in 2023 came with an unequivocal message that gender equality is “inseparable” from achieving a peaceful, prosperous and sustainable future for all.
Published on: 26 JUN 2021
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Board of Trustees Annual Meeting Reviews Masdar Institute’s Next Phase Growth Plan
The Board of Trustees of Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, reviewed the progress of the research-based institution during an annual meeting and approved its next phase growth strategy for the coming years.
Published on: 11 NOV 2013
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Masdar led consortium strengthens partnership
Masdar, the UAE’s flagship clean energy company, and its consortium partners, Infinity Power Holding and Hassan Allam Utilities, announced that they have signed a framework agreement with leading Egyptian state-backed organizations on the development of a 2 gigawatt (GW) green hydrogen project in the Suez Canal Economic Zone (SCZONE).
Published on: 16 NOV 2022
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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 Calls upon World Leaders to Pledge Support for Women Tackling Climate Change
Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform today launched a global campaign, I Am WiSER, to raise support for women at the forefront of efforts to tackle climate change and encourage world leaders to press forward with initiatives to build a more inclusive and sustainable future.
Published on: 31 OCT 2022
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Masdar City and Amazon Web Services sign MoU to Stage an International Exchange Sprint of the AWS Clean Energy Accelerator 3.0 Program in the UAE
Masdar City, Abu Dhabi’s pioneering sustainable community and innovation hub, and Amazon Web Services (AWS), have signed a Memorandum of Understanding (MoU) to stage an International Exchange Sprint (IES) in the United Arab Emirates (UAE) as part of the AWS Clean Energy Accelerator 3.0. Locations selected for an AWS Clean Energy Accelerator IES align with geographic hotspots for clean energy technology innovation.
Published on: 14 NOV 2022
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Masdar Champions Women at Forefront of Global Net-Zero Transition at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Women in Sustainability, Environment and Renewable Energy (WiSER) initiative, this week held a series of high-level discussions to raise global awareness and support for women as powerful catalysts of sustainable change on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 18 NOV 2022
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Masdar signs MoU with Jordan’s Ministry of Energy and Mineral Resources to explore development of 2 GW renewable energy projects
Masdar, one of the world’s leading renewable energy companies, announced today that it has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources to explore collaboration in renewable energy projects with a total capacity of up to 2 gigawatts (GW).
Published on: 17 NOV 2022
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Masdar plans to complete design on hydrogen project this year, executive says
Masdar aims to complete the design for its green hydrogen demonstrator project by the end of this year, Fawaz Al Muharrami, Acting Executive Director, Masdar Clean Energy, told The National.
Published on: 26 MAY 2021