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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 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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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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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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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 CEO Stresses Need for Securing Energy through Diversifying its Sources
The lecture explained the efforts the UAE is carrying out to diversify its energy mix through initiatives like Masdar, which is focusing on all necessary pillars of the value chain necessary to build a new sector, including research and development, investment, developing renewable energy projects and implementing the principles of sustainable development.
Published on: 13 MAY 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 starts construction of projects under US$50 million Caribbean Renewable Energy Fund
Abu Dhabi, UAE, November 6, 2018: The first three renewable energy projects under the US$50 million United Arab Emirates-Caribbean Renewable Energy Fund (UAE-CREF) have broken ground in the Bahamas, Barbados and Saint Vincent & the Grenadines, the UAE Ministry of Foreign Affairs and International Cooperation (MOFAIC) announced today.
Published on: 05 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
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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 and Korea Energy Agency to explore renewable energy collaboration and investment
Masdar announced the signing of a memorandum of understanding (MoU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between the Republic of Korea and the United Arab Emirates (UAE).
Published on: 26 MAR 2018
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Building on a legacy: Introducing the Zayed Sustainability Prize
The Zayed Future Energy Prize will today become the Zayed Sustainability Prize as part of a strategic move to refocus its mandate. After ten years of successfully promoting renewable energy initiatives across the globe, the Prize will now broaden its focus to affect greater humanitarian impact by supporting a wider range of solutions to the challenges of sustainable development.
Published on: 16 APR 2018
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Brazilian Minister of Environment visits Masdar City
HE Ricardo Salles, Brazilian Minister of Environment, and an accompanying delegation visited Masdar City, where they were briefed on the latest developments taking place at the city and learned more about Masdar’s worldwide Clean Energy portfolio.
Published on: 13 JUN 2019
