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5 Pacific Countries to Receive Grants from UAE’s $50m Renewable Energy Fund
The United Arab Emirates today signed partnerships with five Pacific island countries to deploy renewable energy projects, financed from the US$50 million UAE-Pacific Partnership Fund. The solar and wind projects – in Fiji, Kiribati, Samoa, Tuvalu and Vanuatu – represent one of the largest capital investments in the region’s clean energy sector. With grant financing from Abu Dhabi Fund for Development (ADFD), project completion is expected in late 2014.
Published on: 19 JAN 2014
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Sustainability Festival Attracts Thousands to Masdar City
The Festival at Masdar City – a two-day celebration of sustainability for the whole family, attracted thousands of UAE residents to Abu Dhabi’s low-carbon urban development today. The event, which ends tomorrow, forms part of this year’s Abu Dhabi Sustainability Week – a week-long series of events and conferences dedicated to advancing sustainability.
Published on: 23 JAN 2014
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Turbine installation complete at London Array
With all turbines in place and 55 connected and supplying power to the national grid, the wind farm is on track to be fully operational in Spring 2013. The wind farm has been generating energy since October 2012 when the first turbine began producing power.
Published on: 15 DEC 2012
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Masdar Announces Winner of its International Blogging Contest Focused on Water and Energy Challenges
Masdar announced the winner of its international blogging contest. Masdar initiated the competition to drive international discussion about the interconnected water and energy challenges facing communities around the world. The contest received more than 70 entries and engaged thousands of readers as it sparked worldwide discussion of sustainability issues in advance of Abu Dhabi Sustainability Week (ADSW), the largest gathering on sustainability in the history of the Middle East.
Published on: 06 JAN 2013
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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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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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Ministry of Foreign Affairs and Masdar Sign MoU to Reduce Environmental Impact of UAE Embassies
The MoU was signed by His Excellency Shiekh Abdullah bin Mohammed bin Butti Al Hamed, the Under Secretary for the UAE Ministry of Foreign Affairs; and Mohamed Al Ramahi, the chief operating officer of Masdar.
Published on: 14 JUL 2013
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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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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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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 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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THE PETROLEUM INSTITUTE LAUNCHES UAE TEAM’S ABU DHABI SOLAR CHALLENGE CAR
The Petroleum Institute (PI) today launched the solar-powered car that will represent the United Arab Emirates (UAE) in the inaugural Abu Dhabi Solar Challenge, January 15-19, sponsored by ADNOC and hosted by Masdar. The super-sleek, high-tech vehicle will compete against 20 international teams in a multi-day, timed road competition across 1,200 kilometres of the emirate of Abu Dhabi.
Published on: 10 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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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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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
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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
