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First Eco-Friendly Credit Card Launched in the UAE
Major leading UAE financial institution, First Gulf Bank (FGB), will launch the UAE’s first green Visa Credit Card next week in association with Masdar, Abu Dhabi’s renewable energy company, at the sixth World Future Energy Summit during the Abu Dhabi Sustainability Week. The First Gulf Bank Masdar Card allows members of the community to become more involved in different environmentally sustainable initiatives. The product falls in line within a series of socially geared products that FGB has developed recently.
Published on: 07 JAN 2013
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Argentinian President Cristina Fernández de Kirchner to Deliver Keynote Speech at ADSW 2013
Taking place from January 13-17, ADSW will be the largest sustainability gathering in the history of the Middle East and will address the interconnected challenges that affect the global adoption of renewable energy, water security and sustainable development.
Published on: 10 JAN 2013
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Masdar Releases Sustainability Report
Masdar, Abu Dhabi’s renewable energy company, today published its first sustainability report. The report highlights the company’s sustainability milestones and provides a benchmark by which to measure future efforts.
Published on: 11 JAN 2013
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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 to Develop 15MW Solar Plant in Mauritania
“Mauritania has some of the highest levels of solar radiation in the world, making it an ideal place for solar power installations,” said Mauritania’s Minister of Petroleum, Energy and Mines H.E. Taleb Ould Abdivall. “We are pleased to be working with such esteemed partners on this important project and remain committed to harnessing our abundant renewable energy resources. Masdar has gained tremendous experience in the renewable energy sector through its projects worldwide and we look forward to future opportunities for cooperation,” H.E. Abdivall added.
Published on: 22 OCT 2012
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Zayed Future Energy Prize Jury Members Visit Masdar’s Shams 1 Solar Power Station
The largest CSP plant in the Middle East and North Africa when commissioned later this year, Shams 1 will offset nearly 175,000 tonnes of carbon dioxide each year, which is equivalent to planting 1.5 million trees or taking 15,000 cars off the road.
Published on: 23 OCT 2012
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Masdar’s Mauritania Solar Project Underscores Commitment to UN ‘Sustainable Energy for All’
Sustainable Energy For All was created to mobilize actions in support of three key objectives: universal access to modern energy services; double the global rate of improvement in energy efficiency; and double the share of renewable energy in the global energy mix.
Published on: 31 OCT 2012
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Shams 1 Wins Project of the Year Award
“We are delighted that Shams 1 has received such a prestigious award,” said Yousif Al Ali, the general manager of Shams Power Company, a subsidiary of Masdar. “This demonstrates the leading role that Masdar plays in the region’s renewable energy sector. It also represents a realisation of the vision that our wise leadership has for renewable energy in the UAE.”
Published on: 13 NOV 2012
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UAE Hosts Ministerial Roundtable to Emphasize Role of Women in Climate Change Negotiations at COP 18
Regional and international leaders in the energy and climate change sector convened in Doha to discuss the empowerment of women in the United Nations’ climate change negotiations. The meeting was hosted by Masdar, the UAE Ministry of Foreign Affairs’ Directorate of Energy Climate Change, and Mary Robinson Foundation – Climate Change.
Published on: 06 DEC 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 launches enhanced green building materials website
Abu Dhabi, UAE, November 16, 2014: Masdar on Sunday announced the official launch of its enhanced green building materials website, the Future Build, enabling the listed suppliers to market their products as The Future Build certified products.
Published on: 16 NOV 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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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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Masdar Encourages UAE Youth to Take up Technical Careers at Skills Competition
Organized under the patronage of Her Highness Sheikha Fatima Bint Mubarak, chairwoman of the Family Development Foundation and Head of the General Women’s Union, the EmiratesSkills National Competition is taking place April 23-25 at the Abu Dhabi National Exhibition Centre. Skills that are being highlighted during the competition include web design, IT software solutions, automobile technology, electrical installations and robotics.
Published on: 22 APR 2013
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Masdar Wins Three Emirates Energy Award Prizes
Masdar, Abu Dhabi’s renewable energy company, yesterday won three awards at the Dubai Supreme Council of Energy’s inaugural Emirates Energy Award ceremony. Masdar was recognized for its achievements in developing large-scale renewable energy projects, designing buildings with high levels of energy efficiency and cultivating young professionals in the clean-energy sector. The Emirates Energy Award recognizes and encourages best practices and leading initiatives in energy efficiency, alternative energy, sustainability and environmental protection.
Published on: 27 OCT 2013
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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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Dudgeon wind farm signs publicly rated landmark project refinancing of GBP1.4 billion
The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group have announced the signing of a hybrid refinancing that includes approximately GBP561 million of commercial bank debt and GBP706 million of senior secured notes privately placed with institutional investors, finally maturing in 2032. Both tranches have been oversubscribed, underpinning strong investor interest. The A- (EXP) rating by Fitch reflects efficient operations and robust asset performance.
Published on: 13 DEC 2018
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The EDF Renewables-Masdar consortium awarded the Dumat Al Jandal (400 MW) wind project in Saudi Arabia
Paris, January 10th 2019 – The consortium consisting of EDF Renewables and Masdar (Abu Dhabi Future Energy Company PJSC), both global leaders in renewable energy, is announcing that it has won the tender for the Dumat Al Jandal wind farm.
Published on: 10 JAN 2019
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Arjun Infrastructure Partners acquires Enviromena Power Systems
Enviromena Power Systems (Enviromena), a portfolio company of Masdar, Abu Dhabi Future Energy Company, has been successfully acquired by Arjun Infrastructure Partners (AIP). AIP is a UK-based independent infrastructure investment advisory company. It partners with institutional investors, mainly pension plans, to access direct infrastructure investments.
Published on: 28 NOV 2017
