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Iberdrola and Masdar sign global alliance to co-invest up to €15 billion in offshore wind and green hydrogen projects in Germany, UK and the USA
Today (5th December) at COP28 in Dubai, global green energy giants Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in key markets including Germany, UK and the USA.
Published on: 05 DEC 2023
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UAE announces Net Zero by 2050 strategic initiative
The United Arab Emirates has announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to achieve net-zero emissions by 2050, making the UAE the first Middle East and North Africa (MENA) nation to do so.
Published on: 18 OCT 2021
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Saudi Arabias first wind farm starts electricity generation
Dumat Al Jandal, the Middle East’s largest wind farm and the first in the Kingdom of Saudi Arabia, is now connected to the grid and has produced its first carbon-free megawatt-hours (MWh) of energy.
Published on: 07 AUG 2021
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Masdar makes first investment in Greece by developing solar plant with Taaleri Energia
Masdar, one of the world’s leading renewable energy companies, and Taaleri Energia, which invests in utility-scale wind and solar assets, have agreed to develop a 65-megawatt (MW) solar photovoltaic (PV) project in Greece. The project will be managed through the companies’ joint venture Masdar-Taaleri Generation (MTG).
Published on: 06 MAY 2021
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Interview with Linda Fitz-Alan, Registrar and Chief Executive - ADGM Courts
As global economies restart and calibrate in the wake of the COVID-19 pandemic, environmental, social and governance (ESG) aspects - and in particular diversity and inclusion, are coming under increased investor scrutiny.
Published on: 23 MAY 2021
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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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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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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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Masdar celebrates installation of 19,438 Solar Home Systems in rural Morocco
Masdar, Abu Dhabi’s renewable energy company, announced today at Abu Dhabi Sustainability Week (ADSW), it has successfully completed installing a landmark off-grid solar power project that extends energy access to 19,438 homes in more than 1,000 rural villages in the Kingdom of Morocco.
Published on: 13 JAN 2018
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Masdar acquires stake in Montenegro’s first wind farm
Masdar, Abu Dhabi Future Energy Company, today signed a share purchase agreement (SPA) with Akuo Energy, the leading French IPP in renewable energy, to enter into the Krnovo Wind Farm, Montenegro’s first wind energy project.
Published on: 14 JAN 2018
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Masdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany
Masdar, the UAE’s flagship renewable energy company, has signed a strategic agreement with Iberdrola, a global clean energy leader, to co-invest in the 476-megawatt (MW) Baltic Eagle offshore wind farm in the German Baltic Sea. Iberdrola will retain a majority 51% stake in the asset, which will help to accelerate green energy security in Europe.
Published on: 26 JUL 2023
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TAQA, ADNOC, and Mubadala Complete Landmark Transaction for Stake in Masdar Clean Energy Powerhouse
New Masdar outlines ambitious growth plans to bolster position as a global leader in clean energy and green hydrogen
Published on: 08 DEC 2022
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Masdar and DEWA Commit to Support UAE Sustainability Objectives with Partnership Agreement for ADSW and WETEX
Abu Dhabi Sustainability Week (ADSW), the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, and Dubai Electricity and Water Authority (DEWA), announced today the signing of a three-year partnership agreement to sponsor ADSW and DEWA’s annual Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show.
Published on: 18 JAN 2023
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Mohammed bin Rashid attends Abu Dhabi Sustainability Week opening ceremony at Expo 2020 Dubai
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today attended the opening ceremony of Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainability hosted by Masdar – Abu Dhabi Future Energy Company.
Published on: 17 JAN 2022
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UAE convenes world leaders from policy, business and industry to take climate action and accelerate sustainable development
Abu Dhabi Sustainability Week (ADSW) 2022 taking place from 15 – 19 January, will convene global leaders, including heads of state, policy makers, and international business leaders, as the United Arab Emirates aims to take the agenda global sustainability forward and accelerate pathways to net zero.
Published on: 10 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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Africa Primed to Become Global Green Hydrogen Leader, Landmark Masdar Report Finds
Africa could capture as much as 10 percent of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as US$120 billion to the continent’s gross domestic product (GDP), according to a landmark report issued jointly by Masdar and its Abu Dhabi Sustainability Week (ADSW) platform on the sidelines of the 2022 United Nations Climate Change Conference (COP27).
Published on: 11 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 and Tonga Sign Mou to Build 500 KW Solar Photovoltaic Power Plant
Masdar will be in charge of the implementation and construction of a 500 KW solar photovoltaic power plant to be installed in Vava’u Island. The project, is financed by a grant provided by Abu Dhabi Fund for Development (ADFD), the solar plant will deliver around 13 percent of Tonga’s annual electricity demand.
Published on: 17 JAN 2012
