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Masdar Signs MoU with Malaysia to Develop Up to 10GW of Renewable Energy Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to invest US$8 billion for up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership that will significantly contribute to Malaysia's sustainable energy transformation.
Published on: 09 OCT 2023
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US$50m UAE-Caribbean Renewable Energy Fund awards EPC contract to build resilient clean-energy project in Dominica
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), has announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project in Dominica.
Published on: 27 MAY 2021
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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 ČIBUK 1 wind farm powers change in Serbian local communities
Masdar’s ČIBUK 1 wind farm is the largest utility-scale commercial wind project in Serbia and the Western Balkans, comprising of 158MW.
Published on: 13 APR 2023
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Masdar Makes Strategic Investment in One of the World’s Largest Geothermal Players, Growing Clean Energy Portfolio
Masdar, a global clean energy powerhouse, is entering the geothermal energy sector, through a strategic investment in Pertamina Geothermal Energy (PGE), one of the world’s largest geothermal players.
Published on: 24 FEB 2023
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Emerge to Install Solar Project at American Community School of Abu Dhabi’s New Sustainable Campus
Emerge, a joint venture between the UAE’s Masdar and France’s EDF, has signed an agreement with American Community School of Abu Dhabi (ACS) to install a 1 megawatt peak (MWp) solar photovoltaic (PV) project at ACS’s new environmentally sustainable campus on Saadiyat Island, UAE. The project will generate approximately 35 percent of ACS’s total annual energy demand, an equivalent of displacing 770 tonnes of carbon emissions every year. The project fully aligns with the UAE sustainability goals and contributes to the country’s Net Zero by 2050 strategic initiative.
Published on: 12 SEP 2023
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ADSW Summit white paper sets out pathway to Net Zero
Abu Dhabi Sustainability Week, the sustainability platform hosted by Masdar, has produced a white paper highlighting some of the key findings from the ADSW Summit 2022, held in January. The Journey to Net Zero reflects the key themes of the event: Global Collaboration & Leadership, Innovation and Technology, and Sustainable Finance.
Published on: 06 APR 2022
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UAE and Netherlands discuss food and water security ahead of Abu Dhabi Sustainability Week 2021
HE Mariam bint Mohammed Saeed Hareb Almheiri, UAE Minister of State for Food and Water Security and HE Minister Cora van Nieuwenhuizen, Minister of Water and Infrastructure for the Netherlands meet virtually during 2nd episode of ADSW Web Series
Published on: 26 NOV 2020
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Wind and solar reach 10% milestone for global electricity generation share
Wind and solar power accounted for 10 percent of global electricity share last year, a milestone enabled by a 23 percent increase in solar generation and a 14 percent increase in wind, according to a report from climate and energy thinktank Ember.
Published on: 04 APR 2022
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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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Emerge Signs Agreement to Develop Solar Plant for Khazna Data Centers Facility in Masdar City
Emerge, a joint venture between Masdar and EDF, and Khazna Data Centers, the largest network of hyperscale data centers in the Middle East and North Africa region, have signed an agreement to develop a ground-mounted solar photovoltaic (PV) plant to power Khazna’s new data center in Masdar City.
Published on: 18 OCT 2022
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Masdar plans to complete design on hydrogen project this year, executive says
Masdar aims to complete the design for its green hydrogen demonstrator project by the end of this year, Fawaz Al Muharrami, Acting Executive Director, Masdar Clean Energy, told The National.
Published on: 26 MAY 2021
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Masdar City Installs First Rapid Charger in Middle East
The pilot project aims to assess how efficiently the rapid charger technology will function in the region’s harsh climatic conditions. The CHAdeMO-certified Rapid Charger (EFACEC, EV QC) is a high efficiency DC charger provided by Efacec, a leading manufacturer of AC and DC chargers.
Published on: 29 JUL 2012
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UAE to play leading role in hydrogen production, says Masdar executive
The UAE’s abundant solar energy resources will enable the country to maintain a leadership role in hydrogen production, a senior Masdar executive told Investment Monitor.
Published on: 01 MAY 2021
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Global carbon dioxide emissions set for second-biggest rise in history, says IEA
Global energy-related carbon dioxide emissions are set to surge by 1.5 billion tonnes this year – the second-largest increase in history – as coal use outstrips demand for renewables, according to a report from the International Energy Agency (IEA).
Published on: 22 APR 2021
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UAE’s renewable energy capacity projected to quadruple by end of 2025
Installed renewable energy capacity in the United Arab Emirates will increase fourfold by the end of 2025, reaching 9 gigawatts, according to a report from research company Rystad Energy.
Published on: 23 FEB 2021
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James Cameron visits Masdar City
Revered filmmaker and philanthropist James Cameron visited Masdar City, where he learned about the city’s journey to develop the world’s most sustainable low-carbon city.
Published on: 20 MAR 2011
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Abu Dhabi Sustainability Week to Address Key Sustainability Challenges
The United Arab Emirates (UAE) will build on its global leadership as a catalyst for addressing the pressing challenges of sustainability, including challenges directly impacting the UAE and Abu Dhabi, during “Abu Dhabi Sustainability Week” (ADSW), which runs from January 13 – 17, 2013.
Published on: 10 SEP 2012
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President Massoud Barzani Hails Abu Dhabi’s Progress in Renewable Energy
Dr. Sultan Ahmed Al Jaber, Chief Executive Officer of Masdar, briefed His Excellency and his delegation about the progress made by Masdar in the six years since its inception. His Excellency Nasser Ahmed Al Suwaidi, Chairman of the Department of Economic Development in Abu Dhabi, accompanied the visiting delegation.
Published on: 01 MAY 2012
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Masdar City and DANA Sign MoU to develop beta site for innovative agritech pilot projects and testing in the UAE
Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, and DANA, the Abu Dhabi-based venture builder and investment platform, have signed a memorandum of understanding (MoU) to advance food security at the national level, contribute to agritech sustainability, and support the UAE in meeting key objectives in line with the National Food Security Strategy 2051.
Published on: 07 JUN 2022
