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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 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 Partners with Coca-Cola Al Ahlia Beverages’ on new Solar Project
Emerge, a joint venture between the UAE’s Masdar and France’s EDF, has signed an agreement with Coca-Cola Al Ahlia Beverages, Coca-Cola’s bottler and distributor in the UAE, to develop a 1.8-megawatt (MWp) solar photovoltaic (PV) plant for its Al Ain facility.
Published on: 26 JAN 2023
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Masdar Signs Agreement with Austria’s VERBUND to Explore Green Hydrogen Production for Central Europe Market
The MoU was signed at Abu Dhabi Sustainability Week (ADSW) 2023 by Michael Strugl, Chief Executive Officer, VERBUND, and Mohammad Abdelqader El Ramahi, Executive Director, Green Hydrogen, Masdar. As per the agreement, the two companies will cooperate on developing pathways to produce and export green hydrogen to Central Europe, specifically Austria and Southern Germany.
Published on: 08 FEB 2023
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Masdar refinances stake in London Array wind farm
Masdar Energy UK, a wholly owned subsidiary of Masdar, has refinanced its stake in the London Array project.
Published on: 27 APR 2020
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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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100 MW Solar PV Agreement Marks Masdar’s First Entry into Turkmenistan
Masdar, one of the world’s leading renewable energy companies, has signed a joint development agreement (JDA) with Turkmenenergo State Power Corporation of the Ministry of Energy of Turkmenistan (Turkmenenergo), to develop a 100 megawatt (MWac) solar photovoltaic (PV) plant, which will be the company’s first project in Turkmenistan.
Published on: 22 NOV 2022
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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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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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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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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 Signs Agreement with Austria’s VERBUND to Explore Green Hydrogen Production for Central Europe Market
Masdar, one of the world’s fastest-growing clean energy companies, has signed a memorandum of understanding (MoU) with VERBUND, Austria’s leading energy utility and one of the largest producers of hydropower in Europe, to explore the production of green hydrogen for the Central Europe market.
Published on: 08 FEB 2023
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Masdar Chairman Dr. Sultan Al Jaber Calls for ‘Maximum Energy, Minimum Emissions’ to Deliver Global Energy Transition
His Excellency Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate Change and Chairman of Masdar, called for the world to utilize all available energy sources, including renewables and hydrogen, to meet the energy needs of a growing global population.
Published on: 01 NOV 2022
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UAE launches bid to host COP28 in Abu Dhabi
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, announced that the UAE is looking to host the twenty-eighth session of the Conference of the Parties to the United Nations Framework Convention on Climate Change – better known as COP 28 – in Abu Dhabi in 2023.
Published on: 24 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 youth will find rewarding careers at Masdar City, says CEO
Masdar City-based companies will offer UAE youth rewarding careers that will align with their interest in sustainability, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said during the ‘Mohamed Bin Zayed Majlis for Future Generations’ virtual event.
Published on: 15 MAR 2021
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Japanese Minister of Foreign Affairs Tours Masdar & Reaffirms Strong Relationship with Masdar
The Minister of Foreign Affairs was received by Dr. Sultan Ahmed Al Jaber, CEO of Masdar, who provided His Excellency with a comprehensive overview of the company’s progress in developing scalable and commercially viable renewable energy and clean technologies. In addition, his Excellency was updated on the progress of ongoing relationships between Masdar and Japanese companies.
Published on: 09 JAN 2012
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Masdar Receives Procurement Award For Supply Chain Portal ‘The Future Build’
The award was presented to Masdar’s Head of Procurement, Zuhu Moussa, for the renewable energy company’s sustainable supply chain portal, ‘The Future Build’ (www.thefuturebuild.com) - the first resource of its kind to originate in the Arab world, charged with sharing sustainable supply chain knowledge and advancing sustainable products.
Published on: 14 MAY 2012
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Renewable energy capacity increased the most this century in 2020, says IEA
Renewable energy capacity rose 45 percent last year – the biggest increase this century, according to the International Energy Agency’s (IEA) latest market update.
Published on: 25 MAY 2021
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Forbes ranks Masdar in its inaugural list of 15 most sustainable companies in the region
Masdar has been named by Forbes Middle East in its inaugural list of the 15 most sustainable companies in the region. The list, which is ranked alphabetically, focuses on the “biggest companies that are making significant efforts to become more sustainable”.
Published on: 22 MAR 2020
