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Renewables strengthen cost advantage over fossil fuels, IRENA report shows
Renewable energy continues to strengthen its cost advantage over fossil fuel options, with the main technologies seeing significant cost reductions year-on-year, according to a report from the International Renewable Energy Agency (IRENA).
Published on: 24 JUN 2021
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Masdar Signs Agreement with Austria’s VERBUND to Explore Green Hydrogen Production for Central Europe Market
Masdar, one of the world’s fastest-growing clean energy companies, has signed a memorandum of understanding (MoU) with VERBUND, Austria’s leading energy utility and one of the largest producers of hydropower in Europe, to explore the production of green hydrogen for the Central Europe market.
Published on: 08 FEB 2023
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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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Global carbon dioxide emissions set for second-biggest rise in history, says IEA
Global energy-related carbon dioxide emissions are set to surge by 1.5 billion tonnes this year – the second-largest increase in history – as coal use outstrips demand for renewables, according to a report from the International Energy Agency (IEA).
Published on: 22 APR 2021
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UAE Signs Agreement to Convert Green Growth Institute into Int. Organization
The United Arab Emirates has signed an agreement to convert the Global Green Growth Institute (GGGI) from a Korean Foundation to an international organization, which will now include the membership of 17 countries from around the world.
Published on: 02 JUL 2012
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Zayed Future Energy Prize Opens Submissions for 2013 Edition
The Prize will invite entries from companies, individuals, organizations and high schools prior to the deadline to submit – July 16, 2012, for a chance to win part of the US$4 million prize fund. The scope of the Prize has also been broadened to include five distinct categories: Large Corporations, Small and Medium Enterprises (SMEs), Non-Governmental Organizations (NGOs), Lifetime Achievement, and the newly instituted Global High School Prize.
Published on: 03 MAR 2012
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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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Abu Dhabi Sustainability Week returns in January 2022 to advance global sustainability agenda
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, will be held from January 15 to 19, 2022.
Published on: 12 DEC 2021
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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 more than doubles clean energy capacity over 2 years generating enough electricity to power over 4 million homes
Masdar has released its 2020 Annual Sustainability Report that revealed it more than doubled its clean energy capacity over two years to generate enough electricity to power over four million homes. The capacity of the renewable energy projects that Masdar is a partner in has risen to over 10.7 GW in 2020 from 4 GW in 2019, with the company’s global operating clean energy portfolio displacing close to 6.5 million metric tons of CO2 annually.
Published on: 20 JAN 2021
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Securing the UAE's food supply for future generations
The global COVID-19 pandemic has intensified the threat of food security worldwide, with the United Nations World Food Programme (UN WFP) forecasting that more than a quarter of a billion people will face food poverty by the end of 2020.
Published on: 27 MAY 2020
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Nature not rebounding quickly enough in COVID-19 pandemic, says HE Razan Khalifa Al Mubarak
While global measures to combat the COVID-19 pandemic have temporarily reduced air pollution and greenhouse gas emissions, they have also hampered efforts to prevent biodiversity loss, Her Excellency Razan Khalifa Al Mubarak said at a virtual event today. Recovery plans must not only facilitate an economic rebound, they must also deliver a biodiversity stimulus, she told employees at Masdar.
Published on: 09 JUL 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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Solar and wind account for 67% of New Power Capacity Added Worldwide in 2019: BNEF
Solar and wind power accounted for over two-thirds of the 265GW of new capacity installed worldwide in 2019, up from less than a quarter of new build in 2010, according to data from BloombergNEF. Photovoltaics (PV) topped all other technologies in new-build terms, with a record 118 gigawatts constructed, and was the most popular technology deployed in a third of nations, the research company said.
Published on: 16 SEP 2020
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Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, 122 youth graduate from Masdar’s Youth 4 Sustainability programs
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, 122 youth have graduated from Masdar’s Youth 4 Sustainability (Y4S) platform Future Sustainability Leaders and Sustainability Ambassadors programs at a virtual ceremony.
Published on: 05 APR 2021
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AIWF and WiSER sign MoU to drive female participation in sustainability
The London-based Arab International Women’s Forum (AIWF) and Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s outreach platforms, have signed a Memorandum of Understanding (MoU) that aims to inspire women of all ages to play a more active role in addressing global sustainability challenges and to give them better opportunities in science, technology, engineering and mathematics (STEM) disciplines.
Published on: 23 MAR 2021
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Masdar and EDF Renewables agree to partner in eight renewable energy projects in United States
Masdar has announced its second strategic investment in the United States (US) in a deal with EDF Renewables North America that will see it acquire a 50 percent stake in a 1.6-gigawatt (GW) clean-energy portfolio.
Published on: 13 AUG 2020
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Masdar and HSBC launch exclusive virtual boardroom series at ADSW 2021
Masdar and HSBC have launched an exclusive four-part virtual boardroom series for executives leading urban developments in Latin America (LATAM), Middle East, North Africa and Turkey (MENAT), Asia-Pacific ASP and North America. The first session of the invite-only series took place during Abu Dhabi Sustainability Week 2021, the global platform for accelerating sustainable development, hosted by Masdar.
Published on: 23 JAN 2021
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Renewables “most resilient” energy source during COVID-19 crisis, says IEA
Renewable energy will be the only energy source to see increased demand in 2020 as the COVID-19 pandemic represents the biggest shock to the global energy system since the Second World War, according to the International Energy Agency (IEA).
Published on: 20 MAY 2020
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Masdar City and ekar announce strategic partnership to bring first Tesla car-share operation to the Middle East
UAE-founded ekar has announced a strategic partnership with Masdar, one of the world’s leading renewable energy companies, to bring electric vehicle car-sharing to the Middle East by introducing five Tesla models S and X into its fleet. The vehicles are now available to hire from Masdar City in Abu Dhabi.
Published on: 20 OCT 2019
