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Octopus Energy Group and Masdar sign agreement to manage UK battery storage
Global energy tech group Octopus Energy announced today it has signed a framework agreement with Masdar, one of the world’s leading clean energy companies, to license Octopus’ groundbreaking technology platform Kraken. Masdar will use Kraken to flexibly manage its battery storage portfolio in the UK.
Published on: 09 MAY 2023
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ADNOC Drilling and Masdar agree to explore geothermal energy opportunities
ADNOC Drilling Company PJSC (“ADNOC Drilling” or “the Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) has signed a five-year Memorandum of Understanding (‘’the MoU’’) with Masdar, one of the world’s leading clean energy companies. Under the MoU, the companies will explore collaboration around development, investment, operations, and projects to responsibly advance the energy transition both in the UAE and globally.
Published on: 21 MAR 2023
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Masdar Partners with Azerbaijan’s SOCAR to Develop Renewable Energy Projects with 4 GW Capacity
The agreements were signed by Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Rovshan Najaf, President of SOCAR, on the sidelines of Abu Dhabi Sustainability Week, the global platform for accelerating sustainable development hosted by Masdar. HE Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, and HE Mikayil Jabbarov, Minister of Economy for Azerbaijan, witnessed the signing.
Published on: 17 JAN 2023
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UAE and Egypt Advance Development of Africa's Biggest Wind Farm
The signing in Cairo was witnessed by Egyptian Prime Minister, HE Moustafa Madbouly, HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, HE Dr Mohamed Shaker El-Markabi, Minister for Electricity and Renewable Energy, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, Nayer Fouad, Chief Executive Officer of Infinity Power, and Hassan and Amr Allam, Chief Executive Officers of Hassan Allam Holding.
Published on: 06 JUN 2023
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Masdar Achieves Financial Close on Three Solar Projects in Uzbekistan
Financing for the projects is being provided by the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB). The Dutch Entrepreneurial Development Bank, FMO, and ILX are acting as B loan participants.
Published on: 06 APR 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 ČIBUK 1 wind farm powers change in Serbian local communities
Masdar’s ČIBUK 1 wind farm is the largest utility-scale commercial wind project in Serbia and the Western Balkans, comprising of 158MW.
Published on: 13 APR 2023
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Production of sustainable aviation fuel from solid waste
Masdar, ADNOC, bp, Tadweer (Abu Dhabi Waste Management Company) and Etihad Airways announced at Abu Dhabi Sustainability Week (ADSW) 2023 an agreement to conduct a joint feasibility study on exploring the production in the UAE of sustainable aviation fuel (SAF) and other products, such as renewable diesel and naphtha, using municipal solid waste (MSW) and renewable hydrogen.
Published on: 20 JAN 2023
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Masdar’s WiSER Annual Forum Explores Plans to Boost Women’s Leadership in Climate Adaptation at ADSW 2023
Over 120 influential figures came together to explore ways to boost women’s leadership in climate adaptation at an annual forum held by Women in Sustainability, Environment and Renewable Energy (WiSER), a global platform run by the UAE’s clean energy powerhouse Masdar.
Published on: 19 JAN 2023
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Masdar Makes Strategic Investment in One of the World’s Largest Geothermal Players, Growing Clean Energy Portfolio
Masdar, a global clean energy powerhouse, is entering the geothermal energy sector, through a strategic investment in Pertamina Geothermal Energy (PGE), one of the world’s largest geothermal players.
Published on: 24 FEB 2023
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Emerge Partners with Coca-Cola Al Ahlia Beverages’ on new Solar Project
Emerge, a joint venture between the UAE’s Masdar and France’s EDF, has signed an agreement with Coca-Cola Al Ahlia Beverages, Coca-Cola’s bottler and distributor in the UAE, to develop a 1.8-megawatt (MWp) solar photovoltaic (PV) plant for its Al Ain facility.
Published on: 26 JAN 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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Masdar Opens Office in Azerbaijan to Support Nation’s Clean Energy Objectives
Masdar, one of the world’s fastest-growing renewable energy companies, has pledged to strengthen its support for Azerbaijan’s renewable energy development with the opening of an office in Baku, the capital city.
Published on: 06 FEB 2023
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Masdar Explores Developing 2GW Clean Energy in Malaysia Amid Asia Expansion
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Citaglobal Berhad, have signed a memorandum of understanding (MoU) for the joint development of renewable energy projects across solar, battery energy storage system (BESS), wind and other renewable energy technologies.
Published on: 31 JUL 2023
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Masdar refinances stake in London Array wind farm
Masdar Energy UK, a wholly owned subsidiary of Masdar, has refinanced its stake in the London Array project.
Published on: 27 APR 2020
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Emerge to Install Solar Project at American Community School of Abu Dhabi’s New Sustainable Campus
Emerge, a joint venture between the UAE’s Masdar and France’s EDF, has signed an agreement with American Community School of Abu Dhabi (ACS) to install a 1 megawatt peak (MWp) solar photovoltaic (PV) project at ACS’s new environmentally sustainable campus on Saadiyat Island, UAE. The project will generate approximately 35 percent of ACS’s total annual energy demand, an equivalent of displacing 770 tonnes of carbon emissions every year. The project fully aligns with the UAE sustainability goals and contributes to the country’s Net Zero by 2050 strategic initiative.
Published on: 12 SEP 2023
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100 MW Solar PV Agreement Marks Masdar’s First Entry into Turkmenistan
Masdar, one of the world’s leading renewable energy companies, has signed a joint development agreement (JDA) with Turkmenenergo State Power Corporation of the Ministry of Energy of Turkmenistan (Turkmenenergo), to develop a 100 megawatt (MWac) solar photovoltaic (PV) plant, which will be the company’s first project in Turkmenistan.
Published on: 22 NOV 2022
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ADSW Summit white paper sets out pathway to Net Zero
Abu Dhabi Sustainability Week, the sustainability platform hosted by Masdar, has produced a white paper highlighting some of the key findings from the ADSW Summit 2022, held in January. The Journey to Net Zero reflects the key themes of the event: Global Collaboration & Leadership, Innovation and Technology, and Sustainable Finance.
Published on: 06 APR 2022
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ADSW 2022’s World Future Energy Summit powered by clean energy from EWEC
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development hosted by Masdar, has today announced that the World Future Energy Summit, a key event at ADSW 2022, was powered by clean energy, thanks to a partnership with Emirates Water and Electricity Company (EWEC).
Published on: 26 JAN 2022
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Masdar and Africa50 Join Forces to Accelerate Clean Energy Transition Across Africa
Abu Dhabi Future Energy Company PJSC – Masdar has announced a partnership with Africa50, the pan-African infrastructure investment platform to identify, fast-track and scale clean energy projects across the continent. The UAE’s clean energy champion has signed a memorandum of understanding (MoU) with Africa50 which will work to bridge the infrastructure funding gap and mobilize public and private finance.
Published on: 07 SEP 2023
