You Searched for
-
Masdar-EDF Renewables-Nesma consortium reaches financial close and starts construction on 300 MW solar project in Saudi Arabia
The consortium led by Masdar and EDF Renewables, both global leaders in renewable energy, and Nesma Company, announced today it has reached financial close on a 300-megawatt (MW) utility-scale photovoltaic (PV) solar power plant in Jeddah and is starting construction.
Published on: 10 APR 2021
-
Masdar more than doubles clean energy capacity over 2 years generating enough electricity to power over 4 million homes
Masdar has released its 2020 Annual Sustainability Report that revealed it more than doubled its clean energy capacity over two years to generate enough electricity to power over four million homes. The capacity of the renewable energy projects that Masdar is a partner in has risen to over 10.7 GW in 2020 from 4 GW in 2019, with the company’s global operating clean energy portfolio displacing close to 6.5 million metric tons of CO2 annually.
Published on: 20 JAN 2021
-
2020 marks start of ‘decade of action’ UAE and international policymakers declare ahead of ADSW 2020
2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared today ahead of Abu Dhabi Sustainability Week (ADSW).
Published on: 06 JAN 2020
-
Energy transition accelerating, Masdar CEO tells MEA Energy Week
The pace of transition to clean energy is accelerating, as cheaper prices for renewables helps to make emerging technologies like hydrogen more viable, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said on the opening day of MEA Energy Week, organized by Siemens Energy.
Published on: 19 OCT 2020
-
Flying the flag for Siemens Energy at Masdar City
A flag-raising ceremony at Masdar City this morning marked the brand launch of Siemens Energy in the region. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, one of the world’s leading renewable energy companies, attended the ceremony hosted by Dietmar Siersdorfer, Chief Executive Officer of Siemens Energy Middle East and UAE.
Published on: 01 JUL 2020
-
UAE and partners to build resilient green power system for hurricane-ravaged Barbuda
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has announced a partnership with the Government of Antigua and Barbuda’s Ministry of Public Utilities, Civil Aviation, Transport and Energy, the CARICOM Development Fund (CDF) and the New Zealand Ministry of Foreign Affairs and Trade (NZMFAT) to restore power to Barbuda following the near-total destruction of the island after Hurricane Irma struck in September 2017.
Published on: 19 SEP 2019
-
UAE announces new development and funding agreements under US$50m Caribbean Renewable Energy Fund
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and funding agreements for the Dominican Republic, Haiti, Guyana, Grenada, Saint Kitts and Nevis, Trinidad and Tobago, and Suriname.
Published on: 16 JAN 2020
-
ADQ Launches AED1.1billion fund to help start-ups establish headquarters in Masdar City
ADQ, one of the region’s largest holding companies with a diverse portfolio spanning key sectors of Abu Dhabi’s non-oil economy, has launched an AED1.1billion venture fund that will help early-stage businesses set up global or regional headquarters in Masdar City.
Published on: 20 MAY 2020
-
Masdar achieves first close on 1.6 GW clean energy portfolio in United States from EDF Renewables
Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt (GW) clean-energy portfolio of projects in the United States from EDF Renewables North America.
Published on: 08 FEB 2021
-
Masdar signs MoU promoting education of youth
Masdar, a global leader in sustainability, and the Abdulla Al Ghurair Foundation for Education (AGFE), a leading private philanthropic organisation focused on education, have signed a Memorandum of Understanding (MoU) to collaborate on using their respective youth platforms to advance the development of young people in the UAE.
Published on: 26 APR 2020
-
Masdar and EDF Group conclude shareholder agreement to establish energy services company
Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and EDF Group, low-carbon electricity leader, have signed an agreement to establish a joint venture (JV) company dedicated to energy efficiency and distributed solar power generation projects.
Published on: 15 JAN 2020
-
Masdar Talks episode highlights the importance of sustainable mobility solutions
The latest edition of Masdar Talks highlighted the importance of sustainable transportation solutions for cities during a discussion on Masdar City’s mobility network and it’s NAVYA Autonom Shuttle.
Published on: 12 NOV 2020
-
Renewables Account for 72% of Global Power Expansion in 2019: IRENA
Renewable power accounted for almost three quarters, 72 per cent, of global power expansion last year, according to data from the International Renewable Energy Agency (IRENA). Solar and wind contributed 90 per cent of the renewable capacity added in 2019.
Published on: 07 APR 2020
-
Youth for Sustainability actively contributes to preparing the next generation
Masdar’s Youth 4 Sustainability (Y4S) Virtual Forum concluded following a successful three-day dialogue at Abu Dhabi Sustainability Week 2021, which included inspirational discussion and keynotes by government leaders, industry experts, young innovators and social entrepreneurs. The Forum wrapped up with the Ecothon PitchDay competition for Y4S participants, which focused on innovation in sustainability.
Published on: 25 JAN 2021
-
Effective policymaking and government support will boost US renewables market, says Masdar CEO
Policymakers at federal and state level can boost the US renewables market by creating opportunities for investors, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said at a virtual event this month.
Published on: 22 NOV 2020
-
Masdar CEO discusses clean energy investment at World Energy Congress
Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, participated in a panel discussion titled “Financing energy: Closing the clean energy investment gap,” at the 24th World Energy Congress in Abu Dhabi.
Published on: 10 SEP 2019
-
Masdar City at the heart of UAE efforts to confront COVID-19
Since the first COVID-19 cases were reported in Abu Dhabi in late January, Masdar City, the low-carbon, sustainable community built around renewable energy champion Masdar has taken on a new role – supporting the UAE’s response to the pandemic.
Published on: 04 JUN 2020
-
ECI collaborates with Masdar to increase UAE's renewable energy infrastructure development
Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, has signed an agreement with Masdar, Abu Dhabi Future Energy Company, to work on initiatives aimed at supporting investment in renewable projects that will contribute to reducing carbon emissions.
Published on: 21 JAN 2021
-
Masdar and Atlantic Council explore opportunities for US-UAE cooperation on global clean energy deployment
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, was joined by Carlos Pascual, Senior Vice President for Global Energy at IHS Markit, during the latest episode of the Abu Dhabi Sustainability Week (ADSW) Web Series, which was held in partnership with the Atlantic Council.
Published on: 20 DEC 2020
-
Masdar and Uzbekistan Government to develop landmark 500MW wind project
Masdar has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500-megawatt utility-scale wind farm project.
Published on: 09 JUN 2020