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UAE and New Zealand Sign Partnership Arrangement to Deploy Renewable Energy Project
The UAE Ministry of Foreign Affairs (MOFA), along with Masdar, today signed a partnership arrangement with the New Zealand Ministry of Foreign Affairs and Trade to accelerate the global deployment of renewable energy, particularly in Pacific Island countries. Potential project financing comes from a NZ$65 million (US$54 million) pledge by the New Zealand government and the US$50 million grant UAE-Pacific Partnership Fund, which is endowed by the Abu Dhabi Fund for Development (ADFD). The partnership was signed during Abu Dhabi Sustainability Week, the Middle East’s largest gathering focused on sustainability.
Published on: 20 JAN 2014
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Masdar Launches Wind Farm in Republic of Seychelles
Seychelles currently relies on expensive diesel generators to meet its electricity demand. With fuel accounting for 25 percent of the country’s total net imports, Seychelles is committed to diversifying its energy mix and reducing its reliance on fuel imports. Being an island country, with limited options to produce electricity, wind power generation presents a viable solution to meet a national target of 15 percent energy from renewable sources by 2030.
Published on: 16 JUN 2013
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Masdar Sponsors Two “Green” Films at 6th Annual Abu Dhabi Film Festival
In addition to sponsoring the films, Masdar will host a private screening of Trashed, a documentary film about the ever-increasing global problem of waste and overflowing landfills. The private screening will be joined by the movie’s director Candida Brady, and will be held at the Emirates Palace. The event will also include a question and answer session between the director and students and faculty from the Masdar Institute of Science and Technology – the Middle East’s first graduate research institution dedicated to renewable energy and clean technologies. The movie features Academy Award-winning actor Jeremy Irons.
Published on: 08 OCT 2012
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Masdar And The Khalifa Fund For Enterprise Development Join Forces To Boost Emirati Entrepreneurship
Masdar has signed a framework agreement with the Khalifa Fund for Enterprise Development with the goal of enhancing opportunities for Emirati-led clean technology entrepreneurship.
Published on: 28 SEP 2014
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Masdar to Build the First Large-Scale Wind Farm in the GCC
Masdar, Abu Dhabi’s renewable energy company, today signed a joint development agreement with the Rural Areas Electricity Company (RAECO) to build the first large-scale wind farm in the Gulf Cooperation Council (GCC). The $125 million, 50-megawatt wind farm in the Sultanate of Oman will be constructed in the country’s Dhofar Governorate.
Published on: 21 OCT 2014
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Masdar Launches 3rd International Engage Blogging Contest
Masdar, Abu Dhabi’s renewable energy company, today launched the third edition of its international Engage Blogging Contest ahead of January’s Abu Dhabi Sustainability Week (ADSW) 2015 – the region’s largest gathering on sustainability.
Published on: 12 DEC 2014
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A High-level Delegation Visits Shams 1 Solar Plant
Ambassadors from 18 countries recently visited Shams 1 – a 100-megawatt solar-thermal project located in Abu Dhabi’s Western Region. The tour of Shams 1 was part of a broader visit to the region organized and hosted by the Ruler's Representative Court in the Western Region.
Published on: 21 DEC 2014
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Masdar Begins Delivery of Four New UAE Funded Solar Projects in Pacific Island Countries
Masdar today announced the construction kick-off for four new solar-power projects in the Pacific island countries of Kiribati, Fiji, Tuvalu and Vanuatu. Financed under the Abu Dhabi Fund for Development’s US$50 million UAE-Pacific Partnership Fund, the solar projects will collectively deliver 1.8 megawatts of clean energy and contribute to fuel savings worth US$2 million per year. Completion of the projects is expected by the second half of 2015.
Published on: 29 DEC 2014
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German Vice Chancellor Sigmar Gabriel Visits Masdar
Sigmar Gabriel, German vice chancellor and minister for economic affairs and energy, and a delegation of senior officials yesterday visited Masdar. The delegation also toured Masdar City, one of the world’s most sustainable urban developments, and the Masdar Institute of Science and Technology in a visit that underscores the alignment between the UAE and Germany on the importance of developing and adopting clean technology and renewable energy.
Published on: 09 MAR 2015
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Pope Tawadros II Visits Masdar City
His Holiness Pope Tawadros II of Alexandria, Patriarch of the See of St. Mark, and leader of the Coptic Orthodox Church of Alexandria, visited Masdar City today. Accompanied by his H.E. the Ambassador of Egypt, Ehab Hamouda, the leader of all Egyptian Coptics was given a guided tour by Yousif Al Ali, General Manager of Shams Power Company.
Published on: 12 MAY 2014
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Successful Abu Dhabi Ascent Concludes with Call on Action from Ban Ki-moon
UN Secretary General, Ban Ki-moon, officially closed climate change discussions in Abu Dhabi yesterday (Monday) with a rallying cry to governments and business to take meaningful action to mitigate the impact of climate change. Hailing the Abu Dhabi Ascent as a success, he said the meeting was a critical step forward on the way to forging a consensus on how to tackle climate change.
Published on: 05 MAY 2014
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Abu Dhabi Solar Challenge Launched
The Abu Dhabi Solar Challenge (ADSC), the first ever solar car competition to take place in the United Arab Emirates (UAE), was announced today. Navigating the entire country, the 1,200km ADSC will start and finish in Abu Dhabi and take place from the 16-19 January, 2015. The race will coincide with Abu Dhabi Sustainability Week and end at the opening ceremony of the World Future Energy Summit.
Published on: 05 MAY 2014
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UAE’s first waste-to-energy project receives landmark award for first-of-its-kind financing loan
Bee’ah, the Middle East’s sustainability pioneer, and Masdar, the Abu Dhabi Future Energy Company, were recognized as the winners of the Structured Loan Deal of the Year Award at the Bonds, Loans & Sukuk Middle East Awards for their financing of the UAE’s first waste-to-energy project. The award was presented during a ceremony held on the 6th of November 2018, as part of the prestigious Project, ECA & Structured Finance Conference conducted in Dubai.
Published on: 10 NOV 2018
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HRH, the Duke of York opens Masdar Building at the University of Manchester
Abu Dhabi, United Arab Emirates; December 11, 2018 – Masdar, the Abu Dhabi Future Energy Company, has hailed the official opening of the Masdar Building, which houses The University of Manchester’s Graphene Engineering Innovation Centre (GEIC), as an important step forward in its commitment to advancing clean-tech innovation around the world.
Published on: 11 DEC 2018
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Masdar Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals
Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
Published on: 10 OCT 2018
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Masdar Park reopens for the Abu Dhabi community
Masdar Park at Masdar City has reopened with even more family attractions, further enhancing the city’s image as a popular community destination. The expanded park, now double in size at 2,500 square metres, includes more F&B outlets, a children’s playground, music wall, sports facilities and design installations themed on sustainability.
Published on: 12 DEC 2017
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Masdar joint venture Hywind Scotland exceeds operational milestones in first three months
Abu Dhabi, UAE, February 15, 2018: As the UAE celebrates Innovation Month in February, the developers of Hywind Scotland, the world’s first commercial-scale floating wind farm, have reported better than expected results in the first three months of the project’s operations, with cutting-edge technology playing an important role.
Published on: 14 FEB 2018
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Masdar City marks Chinese New Year
The Masdar City podium will be filled with festive decorations as visitors enjoy dragon-puppet-making, lantern-making and more. Masdar City visitors are also invited to decorate a new-year-themed Wishing Tree. According to Chinese tradition, all their wishes will be granted!
Published on: 17 FEB 2018
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Masdar and Costa Rican Electricity Institute to advance renewable energy development
Masdar (Abu Dhabi Future Energy Company) and the Costa Rican Electricity Institute (Instituto Costarricense de Electricidad, or ICE) have announced a collaboration to promote renewable energy development.
Published on: 24 APR 2018
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Ethiopian Prime Minister Dr Abiy Ahmed Visits Masdar City
His Excellency Dr Abiy Ahmed, Prime Minister of Ethiopia, visited Masdar City in Abu Dhabi on Saturday. He was received by a delegation led by HE Dr Sultan Al Jaber, Minister of State and Chairman of Masdar (Abu Dhabi Future Energy Company); Mohamed Jameel Al Ramahi, CEO of Masdar; Yousef Baselaib, Masdar’s Executive Director for Sustainable Real Estate; and Bader Al Lamki, Masdar’s Executive Director for Clean Energy.
Published on: 19 MAY 2018