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Infinity Power Finalizes Acquisition of Lekela Power in Africa’s Biggest Renewable Energy Deal
Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, announced today it has completed the acquisition of the entire shareholding of Lekela Power. The transaction makes Infinity Power the largest renewable energy company on the African continent. Infinity’s key stakeholders include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD).
Published on: 20 MAR 2023
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Renewable energy capacity must triple by 2030, Masdar Chairman tells CERAWeek
Renewable energy capacity needs to triple by the end of this decade if the world is to meet climate targets, Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, said in his keynote speech at CERAWeek in Houston, Texas.
Published on: 07 MAR 2023
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Emerge and Miral Celebrate Inauguration of Abu Dhabi’s Largest Rooftop Solar Project at Warner Bros. World™ Abu Dhabi
Emerge, a joint venture between Masdar and EDF, and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, have inaugurated the 7-megawatt peak (MWp) rooftop solar photovoltaic (PV) project at Warner Bros. World™ Abu Dhabi on Yas Island, making it the largest rooftop solar project in the UAE capital.
Published on: 14 MAR 2023
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Masdar’s inaugural Green Finance Framework published with highest rating
Masdar has published its inaugural Green Finance Framework (GFF) with a Sustainability Quality Score of SQS1 (Excellent) – the highest rating – from Moody’s Investors Service, its Second Party Opinion provider. This independent assessment is expected to make Masdar’s planned bond offering more attractive to debt capital market investors.
Published on: 03 MAR 2023
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Masdar solar plant brings light to communities in Belize
Children can study with ease and residents can walk safely at night in rural Belize, thanks to renewable electricity generated by a UAE-funded Masdar project.
Published on: 05 JUN 2023
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Masdar celebrates installation of 19,438 Solar Home Systems in rural Morocco
Masdar, Abu Dhabi’s renewable energy company, announced today at Abu Dhabi Sustainability Week (ADSW), it has successfully completed installing a landmark off-grid solar power project that extends energy access to 19,438 homes in more than 1,000 rural villages in the Kingdom of Morocco.
Published on: 13 JAN 2018
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Masdar acquires stake in Montenegro’s first wind farm
Masdar, Abu Dhabi Future Energy Company, today signed a share purchase agreement (SPA) with Akuo Energy, the leading French IPP in renewable energy, to enter into the Krnovo Wind Farm, Montenegro’s first wind energy project.
Published on: 14 JAN 2018
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Masdar accelerates green hydrogen ambitions after joining forces with UAE energy champions
Masdar is seeking to become one of the world’s leading players in the growing green hydrogen econpmy, one of the company’s executive directors told Energy Intelligence.
Published on: 09 JAN 2023
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Masdar and DEWA Commit to Support UAE Sustainability Objectives with Partnership Agreement for ADSW and WETEX
Abu Dhabi Sustainability Week (ADSW), the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, and Dubai Electricity and Water Authority (DEWA), announced today the signing of a three-year partnership agreement to sponsor ADSW and DEWA’s annual Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show.
Published on: 18 JAN 2023
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Masdar-led joint venture completes financing to develop Jordan’s largest solar power project
Masdar, Abu Dhabi Future Energy Company, announced at Abu Dhabi Sustainability Week that the financing of the largest solar power plant in the Hashemite Kingdom of Jordan has been completed.
Published on: 16 JAN 2018
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COP26 a “fantastic achievement” Masdar CEO tells Forbes Middle East
The recent COP26 climate change conference was successful and represents a “fantastic achievement,” Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, told Forbes Middle East in an in-depth interview.
Published on: 16 DEC 2021
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Renewables strengthen cost advantage over fossil fuels, IRENA report shows
Renewable energy continues to strengthen its cost advantage over fossil fuel options, with the main technologies seeing significant cost reductions year-on-year, according to a report from the International Renewable Energy Agency (IRENA).
Published on: 24 JUN 2021
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Board of Trustees Annual Meeting Reviews Masdar Institute’s Next Phase Growth Plan
The Board of Trustees of Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, reviewed the progress of the research-based institution during an annual meeting and approved its next phase growth strategy for the coming years.
Published on: 11 NOV 2013
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Masdar Empowers Next Generation of Global Sustainability Leaders to Innovate Climate Solutions at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Youth 4 Sustainability (Y4S) initiative convened global industry leaders, regional policymakers, students and young professionals for a series of events to empower youth climate engagement and action on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 17 NOV 2022
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Masdar Calls upon World Leaders to Pledge Support for Women Tackling Climate Change
Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform today launched a global campaign, I Am WiSER, to raise support for women at the forefront of efforts to tackle climate change and encourage world leaders to press forward with initiatives to build a more inclusive and sustainable future.
Published on: 31 OCT 2022
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Masdar Joint Venture Powers COP27 with Zero-Carbon Energy
Abu Dhabi, United Arab Emirates; November 5, 2022: Infinity Power Holding, the joint venture between the UAE’s Masdar and Egypt’s Infinity, announced today that the solar photovoltaic (PV) plant it has developed in Sharm El-Sheikh is now fully operational – ready to provide clean, renewable energy to COP27, the United Nations climate change conference taking place in the Egyptian city.
Published on: 05 NOV 2022
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Masdar and Emirates Steel Arkan to develop MENA region’s first green hydrogen-based project to decarbonize the UAE’s hard-to-abate steel sector
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has partnered with Emirates Steel Arkan, (ADX: EMSTEEL), one of the largest publicly traded steel and building materials manufacturers in the region, to develop an innovative green hydrogen project to decarbonize the hard-to-abate steel sector in the UAE.
Published on: 22 NOV 2023
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Masdar City and Amazon Web Services sign MoU to Stage an International Exchange Sprint of the AWS Clean Energy Accelerator 3.0 Program in the UAE
Masdar City, Abu Dhabi’s pioneering sustainable community and innovation hub, and Amazon Web Services (AWS), have signed a Memorandum of Understanding (MoU) to stage an International Exchange Sprint (IES) in the United Arab Emirates (UAE) as part of the AWS Clean Energy Accelerator 3.0. Locations selected for an AWS Clean Energy Accelerator IES align with geographic hotspots for clean energy technology innovation.
Published on: 14 NOV 2022
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Masdar Champions Women at Forefront of Global Net-Zero Transition at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Women in Sustainability, Environment and Renewable Energy (WiSER) initiative, this week held a series of high-level discussions to raise global awareness and support for women as powerful catalysts of sustainable change on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 18 NOV 2022
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Carbon Capture, Usage & Storage Project Advanced at Emirates Steel’s Mussafah Facility
The two organisations have made sufficient progress on the commercial principles and have now commenced drafting Head of Terms (HoT) to govern future detailed delivery agreements.
Published on: 17 JAN 2012