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Michael Bloomberg, UN Special Envoy for Cities and Climate Change, Tours Masdar City
Michael Bloomberg, UN Special Envoy for Cities and Climate Change, and a former mayor of New York City, toured Masdar City yesterday to learn how Abu Dhabi’s low-carbon mixed-use development is pioneering a “greenprint” for how cities can accommodate rapid urbanization and dramatically reduce energy, water and waste.
Published on: 17 MAR 2015
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‘Blue Economy Summit’ Highlights Importance of Marine Ecosystems in Achieving Global Sustainability
The ‘Blue Economy Summit’ was held today in Abu Dhabi to address the unique climate and sustainably challenges facing Small Island Developing States (SIDS) and marine ecosystems. With over 70 percent of the world’s surface covered by oceans, protecting the health of marine environments is fundamental to protecting the world’s interconnected economies and long-term sustainability.
Published on: 19 JAN 2014
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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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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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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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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 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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A High-level Delegation Visits Shams 1 Solar Plant
Ambassadors from 18 countries recently visited Shams 1 – a 100-megawatt solar-thermal project located in Abu Dhabi’s Western Region. The tour of Shams 1 was part of a broader visit to the region organized and hosted by the Ruler's Representative Court in the Western Region.
Published on: 21 DEC 2014
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German Vice Chancellor Sigmar Gabriel Visits Masdar
Sigmar Gabriel, German vice chancellor and minister for economic affairs and energy, and a delegation of senior officials yesterday visited Masdar. The delegation also toured Masdar City, one of the world’s most sustainable urban developments, and the Masdar Institute of Science and Technology in a visit that underscores the alignment between the UAE and Germany on the importance of developing and adopting clean technology and renewable energy.
Published on: 09 MAR 2015
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Abu Dhabi Solar Challenge Launched
The Abu Dhabi Solar Challenge (ADSC), the first ever solar car competition to take place in the United Arab Emirates (UAE), was announced today. Navigating the entire country, the 1,200km ADSC will start and finish in Abu Dhabi and take place from the 16-19 January, 2015. The race will coincide with Abu Dhabi Sustainability Week and end at the opening ceremony of the World Future Energy Summit.
Published on: 05 MAY 2014
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Masdar Encourages UAE Youth to Take up Technical Careers at Skills Competition
Organized under the patronage of Her Highness Sheikha Fatima Bint Mubarak, chairwoman of the Family Development Foundation and Head of the General Women’s Union, the EmiratesSkills National Competition is taking place April 23-25 at the Abu Dhabi National Exhibition Centre. Skills that are being highlighted during the competition include web design, IT software solutions, automobile technology, electrical installations and robotics.
Published on: 22 APR 2013
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Masdar collaborates with Department of Transport to roll out first all-electric bus service in the Middle East
Abu Dhabi, United Arab Emirates; January 3, 2019 – Masdar, the Abu Dhabi Future Energy Company, has officially launched the first fully electric passenger bus in the region in partnership with the Department of Transport in Abu Dhabi (DoT), Abu Dhabi-based bus manufacturer Hafilat Industry LLC , and leading technology company Siemens.
Published on: 03 JAN 2019
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The Festival at Masdar City to bring Abu Dhabi Sustainability Week 2019 to a close
The Festival is returning to Masdar City for a two-day family celebration, bringing to a close the latest edition of Abu Dhabi Sustainability Week. The fun-packed weekend, which will be hosted on Friday, 18 and Saturday, 19 January at Masdar City, will bring the public to learn about sustainability and how to make more environmentally-conscious decisions.
Published on: 12 JAN 2019
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Masdar Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals
Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
Published on: 10 OCT 2018
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Ras Al Khaimah Municipality launches Model Villa Initiative as part of Masdar partnership
Ras Al Khaimah Municipality, in partnership with Masdar (Abu Dhabi Future Energy Company), has today launched its “Model Villa Initiative”, in an effort to promote energy efficiency and the building of more sustainable residential villas in the emirate.
Published on: 24 SEP 2018
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Ethiopian Prime Minister Dr Abiy Ahmed Visits Masdar City
His Excellency Dr Abiy Ahmed, Prime Minister of Ethiopia, visited Masdar City in Abu Dhabi on Saturday. He was received by a delegation led by HE Dr Sultan Al Jaber, Minister of State and Chairman of Masdar (Abu Dhabi Future Energy Company); Mohamed Jameel Al Ramahi, CEO of Masdar; Yousef Baselaib, Masdar’s Executive Director for Sustainable Real Estate; and Bader Al Lamki, Masdar’s Executive Director for Clean Energy.
Published on: 19 MAY 2018
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UAE State of Energy Report 2019 Released
The UAE State of Energy Report 2019 was released on Wednesday with Masdar CEO Mohamed Jameel Al Ramahi discussing the key findings during a panel session at the launch event in Abu Dhabi, in the presence of HE Eng Suhail Mohammed Al Mazrouei, Minister of Energy & Industry.
Published on: 19 JUN 2019