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London Array Proves Viability of Large-Scale Renewable Projects
Today marks the two-year anniversary of the inauguration and completion of London Array – the world’s largest offshore wind farm. The sophisticated, 630-megawatt wind power project – and Masdar’s largest international investment to date – continues to deliver clean and reliable energy to more than half-a-million homes throughout the United Kingdom.
Published on: 04 JUL 2015
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Fire at Masdar Offices Under Control
A fire started at approximately 1:30 am at the temporary Masdar offices on the outskirts of Masdar City. Masdar City and its buildings were not affected by the fire, and no one was injured. The fire caused damage to Block 1 and 2, a section of Masdar’s temporary offices. Abu Dhabi Civil Defence brought the fire under control and is looking into the cause.
Published on: 16 MAY 2015
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More UAE residents soon to call Masdar City home as Leonardo Residences officially breaks ground
Residential apartments now under construction at Masdar City in Abu Dhabi will add to the thriving community taking shape at one of the world’s most sustainable urban developments. The senior management of Masdar, Abu Dhabi’s renewable energy company, and of the Abu Dhabi-based property developer Reportage Real Estate marked the official ground-breaking of the 170-unit Leonardo Residences at the City today.
Published on: 10 APR 2016
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UAE Announces Four New Renewable Energy Projects in the Pacific under $50m Fund
The United Arab Emirates (UAE) today signed partnership agreements with four new Pacific island countries to deploy renewable energy projects under the US$50 million UAE-Pacific Partnership Fund. Grant funding is provided by the Abu Dhabi Fund for Development (ADFD), with the UAE Ministry of Foreign Affairs managing the initiative and Masdar, Abu Dhabi’s renewable energy company, leading implementation. The solar-powered projects – in the Marshall Islands, Nauru, Palau, and the Solomon Islands – are expected to be completed in 2016. The announcement brings the total number of projects under the fund to date to 10.
Published on: 16 JAN 2015
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CEO Stresses the Commercial Viability of Renewable Energy
Dr. Ahmad Belhoul, Masdar CEO, today delivered the keynote speech at the opening ceremony of the eighth World Future Energy Summit (WFES), a key event as part of Abu Dhabi Sustainability Week. During the keynote, Dr. Belhoul stressed the need to accelerate the adoption of renewable energy as a commercially viable technology to meet the world’s rising demand for electricity.
Published on: 19 JAN 2015
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3,000 UAE Students Learn about Sustainability at ADSW
More than 3,000 students attended the 2015 Abu Dhabi Sustainability Week (ADSW) held in Abu Dhabi, 17-24 January. Masdar – Abu Dhabi's renewable energy company – is committed to educating children about sustainability and the most recent advancements in clean energy to inspire their interest in science and technology.
Published on: 21 JAN 2015
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Michael Bloomberg, UN Special Envoy for Cities and Climate Change, Tours Masdar City
Michael Bloomberg, UN Special Envoy for Cities and Climate Change, and a former mayor of New York City, toured Masdar City yesterday to learn how Abu Dhabi’s low-carbon mixed-use development is pioneering a “greenprint” for how cities can accommodate rapid urbanization and dramatically reduce energy, water and waste.
Published on: 17 MAR 2015
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Masdar Launches Second Edition of International Blogging Contest
Masdar, Abu Dhabi’s Renewable Energy Company, has launched the second edition of its international Engage Blogging Contest ahead of January’s Abu Dhabi Sustainability Week (ADSW) 2014 – the region’s largest gathering on sustainability. Under the theme “Cities and Sustainable Development,” the competition asks contributors to discuss their views of the critical role our cities play in driving sustainability.
Published on: 09 DEC 2013
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Masdar’s Global Clean Energy Achievements to be Showcased During ADSW 2014
Masdar, Abu Dhabi’s renewable energy company, will showcase its past year’s global contribution to clean energy development at the 7th World Future Energy Summit during the Abu Dhabi Sustainability Week (ADSW) – the region’s largest gathering on sustainability. Masdar will use the platform to highlight a year in which it has inaugurated solar and wind projects in the UAE, UK, Seychelles and Mauritania, installing over 750 megawatts of renewable grid capacity in the process.
Published on: 01 JAN 2014
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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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HRH Crown Prince of Denmark Visits Masdar Projects during Abu Dhabi Sustainability Week
HRH Crown Prince of Denmark today visited two of Masdar’s flagship projects including Masdar City, the low-carbon urban development, and Shams 1, the 100-megawatt concentrated solar power plant in Abu Dhabi. The Crown Prince was in the United Arab Emirates to participate in the Abu Dhabi Sustainability Week (ADSW) where Denmark yesterday signed a framework agreement with the UAE to explore and co-develop renewable energy projects.
Published on: 20 JAN 2014
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Masdar Achieves Financial Close of London Array Project
Masdar Energy UK, a wholly owned subsidiary of Masdar, Abu Dhabi’s renewable energy company, today announced the completion of a 12 year limited-recourse project financing of up to £266 million for its stake in phase one of London Array. The landmark financing is the first time that a limited-recourse structure has been completed for an unincorporated joint venture within the renewable energy industry.
Published on: 09 OCT 2013
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Indian Ocean Rim Countries Launch Partnership to Accelerate Growth of Renewable Energy Markets
Ministers and senior officials from 25 Indian Ocean Rim Association countries today launched a series of new initiatives to accelerate the deployment of renewable energy throughout the Indian Ocean region.
Published on: 20 JAN 2014
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Siemens strengthens Middle East presence with new headquarters at Masdar City
Siemens, the global powerhouse in electronics and electrical engineering operating in the energy, infrastructure, industry and healthcare sectors, today inaugurated its new Middle East headquarters at Masdar City – Abu Dhabi’s low-carbon, sustainable city – where Siemens is an anchor tenant. The Siemens building has been designed with sustainable materials and energy efficient technologies, making it the first LEED Platinum certified office in the United Arab Emirates’ capital city. The building has become a benchmark for future projects in the Middle East and beyond, due to the sustainability standards and development methodology used in building it.
Published on: 21 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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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