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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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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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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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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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Masdar Signs Framework Agreement with Jordan to Accelerate Renewable Energy Development
The agreement was signed during the sixth World Future Energy Summit (WFES), a global platform that addresses the future of renewable energy and sustainable development in the Middle East and the world. In attendance at the summit was Her Majesty Queen Rania Al Abdullah of Jordan who delivered a keynote speech, underscoring the importance and growing commitment to renewable energy in Jordan and throughout the region.
Published on: 15 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 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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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 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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Construction Begins on Masdar and International Renewable Energy Agency Headquarters Complex
Masdar today announced the awarding of the design and construction contract for its new headquarters complex, which will also house the International Renewable Energy Agency (IRENA). The headquarters will be one of the most advanced, sustainable multi-use complexes in the United Arab Emirates. It will be the cornerstone of Masdar City – the special economic zone, clean-technology cluster and low-carbon city in Abu Dhabi. Completion is set for summer of 2014.
Published on: 20 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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Middle East’s First Commercial-Scale Carbon Capture Company Unveiled at ADIPEC
Abu Dhabi National Oil Company (ADNOC) and Masdar today unveiled “Al Reyadah” –the Middle East’s first specialized company focused on exploring and developing commercial-scale projects for carbon capture, usage and sequestration (CCUS).
Published on: 09 NOV 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
