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DEWA signs with Masdar to implement 800MW 3rd phase of the Mohammed bin Rashid Al Maktoum Solar Park
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) announced today the selected bidder for the 800 megawatt (MW) third phase of the Mohammed bin Rashid Al Maktoum Solar Park, which will be constructed based on the Independent Power Producer (IPP) model. HE Dr. Sultan Ahmed Al Jaber, Minister of State, and Chairman of Masdar, the Abu Dhabi Future Energy Company, was present. The selected bidder for the project is a Masdar-led consortium including the Spanish companies FRV (Fotowatio Renewable Ventures) and Gransolar Group. The consortium bid a Levelised Cost of Electricity (LCOE), of 2.99 US cents per kilowatt hour (kW/h).
Published on: 26 JUN 2016
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London Array Marks Third Anniversary and Continues to Break Records
The sophisticated 630-megawatt wind power project – the largest international investment of Abu Dhabi’s renewable energy company Masdar – delivers clean and reliable energy to more than half-a-million homes throughout the United Kingdom.
Published on: 09 JUL 2016
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Greater Investments Needed in Renewables and Low-Carbon Projects
The discussion was hosted by Dr. Sultan Ahmed Al Jaber, UAE Special Envoy for Energy and Climate Change and CEO of Masdar, and Rt. Hon Gregory Barker MP, UK energy and climate change minister.
Published on: 14 JAN 2013
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Energy and Security Task Force Launched at World Future Energy Summit
The purpose of the task force is to examine the linkage between energy and security and to strengthen multi-lateral mechanisms to promote cooperation and to prevent and defuse energy-related conflict.
Published on: 15 JAN 2013
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UAE Energy Minister Visits Masdar
“With our demand for energy rising, it’s time to seriously consider an integrated, national energy policy to balance the sources of power we rely on,” said UAE Energy Minister H.E. Suhail Mohamed Al Mazrouei. “We must diversify the energy mix, which includes promoting renewable energy, nuclear and continuing to advance our hydrocarbon industry. This approach will help stabilize the global hydrocarbon market and enable us to meet our responsibility toward consumers.
Published on: 22 APR 2013
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Masdar and UK Green Investment Bank Sign MoU
Today, Masdar and the UK Green Investment Bank plc (GIB) signed a Memorandum of Understanding (MoU) to explore project investment opportunities in the UK’s clean energy sector. The MoU was signed on the occasion of a state visit to the UK by His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates (UAE), at an event hosted by HRH Prince Andrew, the Duke of York, at Buckingham Palace.
Published on: 30 APR 2013
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Masdar and IFC Seek to Join Forces on Renewable Energy Investment
The Memorandum of Understanding (MOU), signed yesterday in Washington, D.C., paves the way for the two parties to explore opportunities for the development of large-scale projects including: carbon capture, use and storage; cleantech venture capital and private equity fund co-investment; solar desalination and utility-scale solar and wind power projects.
Published on: 15 MAY 2013
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Industry Leaders to Participate at the 6th World Future Energy Summit
Dr. Sultan Ahmed Al Jaber, Chief Executive Officer and Managing Director of Masdar, host of the World Future Energy Summit and the International Water Summit said: “As we work towards a sustainable future, Abu Dhabi Sustainability Week and its participating events is the UAE’s effort to take a holistic approach to the global challenges of economic development as well as energy and water security,” said Dr Al Jaber.
Published on: 07 JAN 2013
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Masdar Launches Shams 1, the World’s Largest Concentrated Solar Power Plant in Operation
Today, His Highness Sheikh Khalifa bin Zayed Al Nahyan President of the United Arab Emirates and Ruler of Abu Dhabi officially inaugurated Shams 1, the largest concentrated solar power plant (CSP) in operation in the world. Located in the Western Region of Abu Dhabi, the 100-megawatt, grid connected power plant will generate clean energy to power 20,000 homes in the UAE.
Published on: 16 MAR 2013
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Mayor of London Boris Johnson Visits Masdar City
As part of his Masdar City tour, Johnson visited the Masdar Institute of Science and Technology, a graduate level, research-oriented university focused on alternative energy and sustainability. The Mayor met with staff and students to discuss the research being undertaken to advance renewable energy and clean technologies. He was keen to the view the innovative design of Masdar City, its rigorous sustainability standards as well as its integration of energy-efficiency technology with passive and intelligent design.
Published on: 15 APR 2013
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UAE Looks to Strengthen Economic Ties With China in Bilateral Talks
Major Gen Omar al Bitar Opportunities to strengthen economic ties between the United Arab Emirates and China, were the focus of talks during a two-day visit to China by UAE minister of state H.E Dr. Sultan Al Jaber. The visit is expected to lay the ground work for increased economic activity between the UAE and China which is growing at more than 14 per cent annually. Discussions explored opportunities for collaboration and investment across sectors of mutual interest, including energy, infrastructure and technology.
Published on: 29 MAY 2014
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United Arab Emirates Now Ranks Third Among World Nations in Total Concentrated Solar Power Capacity
Abu Dhabi, UAE – 04 June, 2014: Masdar’s Shams I concentrated solar power (CSP) plant in Abu Dhabi catapulted the United Arab Emirates to its new ranking as thirdamong the world’s nations in both 2013 CSP technology investment and total CSP capacity.The UAE now ranks only behind Spain and the United States in total CSPgeneration; India and China round out the world’s top five.
Published on: 03 JUN 2014
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Masdar Launches Heat Safety Awareness Campaign
Construction workers employed on projects within Masdar City, including the new headquarters for the International Renewable Energy Agency (IRENA), have been given advice and training on how to avoid heat related health problems while working in the high summer temperatures.
Published on: 25 JUN 2014
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SAGIA Initiates Investment License Process for Saudi Wind Project
The Saudi Arabian General Investment Authority (SAGIA) announced today that it has initiated the process to give an investment license to the consortium of Abu Dhabi Future Energy Company – Masdar and EDF Renewables which last week was awarded the Kingdom’s first utility scale wind project at Dumat Al Jandal.
Published on: 15 JAN 2019
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Abu Dhabi Power Corporation, Mubadala and Masdar Enter into Strategic Partnership
Abu Dhabi, 16 January 2019: Abu Dhabi Power Corporation, a state-owned entity with a mandate to generate value through active asset management of key utilities’ investments in Abu Dhabi, entered into a strategic partnership with Mubadala Investment Company and Abu Dhabi Future Energy Company (‘Masdar’); a subsidiary of ‘Mubadala’, during a signing ceremony held at Abu Dhabi Sustainability Week 2019.
Published on: 16 JAN 2019
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Top 10 technologies to accelerate sustainable development
Abu Dhabi, United Arab Emirates, 16 January, 2019 – The convergence of emerging technologies has the potential to address global warming and accelerate the transition to a sustainable future, according to ‘The Future of Sustainability’ report launched today by Masdar, Abu Dhabi Future Energy Company, in partnership with The National newspaper and the World Future Energy Summit at Abu Dhabi Sustainability Week (ADSW).
Published on: 16 JAN 2019
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Women’s empowerment highlighted at annual WiSER Forum
Abu Dhabi, United Arab Emirates; January 17, 2019: Masdar, Abu Dhabi Future Energy Company, hosted its fourth annual Women in Sustainability, Environment and Renewable Energy (WiSER) Forum at Abu Dhabi Sustainability Week 2019, with key speakers urging women and girls to play an active role in addressing global sustainability challenges.
Published on: 17 JAN 2019
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Masdar City showcases sustainable smart home farming solutions for increased food and water security during ADSW 2019
Abu Dhabi, United Arab Emirates; January 17, 2019 – Masdar City in Abu Dhabi has unveiled a Smart Home Farming Showcase called ‘Bustani’ at its Eco-Villa prototype to demonstrate emerging farming solutions that will help UAE residents become more self-sufficient in meeting their everyday food needs.
Published on: 17 JAN 2019
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UAE profile as a global sustainability leader strengthens as Abu Dhabi Sustainability Week continues to break records
The 2019 edition of Abu Dhabi Sustainability Week successfully concluded on January 19, with the region’s largest sustainability gathering once again achieving new milestones for attendance, participation and business deals.
Published on: 19 JAN 2019
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UN Top Climate Official Visits Zayed Future Energy Prize Winner Liter of Light in Manila
Christiana Figueres, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) Secretariat visited Zayed Future Energy Prize 2015 winner Liter of Lightin the Philippines. During her visit, Ms. Figueres met volunteers of the open source network in Manila to raise awareness of climate action in the lead up to the United Nations Climate Change Conference in Paris in December 2015 (COP-21).
Published on: 13 MAR 2015
