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Red Sea Global announces Amaala Multi-utilities Concession Agreement
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, Amaala and The Red Sea, has entered into a 25-year concession agreement with the French multinational electric utility company EDF (Électricité de France) and leading clean energy company Masdar on a multi-utilities infrastructure facility to service the Amaala destination.
Published on: 11 SEP 2023
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Renewables accounted for 81% of 2021 capacity additions, IRENA says
Renewable energy maintained its growth momentum in 2021 despite global uncertainties, accounting for 81 percent of total capacity expansion last year, according to the latest report from the International Renewable Energy Agency (IRENA).
Published on: 18 APR 2022
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Human activity ‘unequivocally’ causing climate change – and we can still influence it, IPCC says in latest report
Human activities are ‘unequivocally’ the cause of the climate crisis, according to the latest report from the Intergovernmental Panel on Climate Change (IPCC), the world’s leading authority on climate science.
Published on: 09 NOV 2021
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Record-breaking Abu Dhabi project to help advance UAE’s clean energy goals, says TAQA executive
The development of Abu Dhabi’s Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project will make an important contribution to the United Arab Emirates’ Energy Strategy 2050.
Published on: 15 SEP 2021
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Masdar wins Innovator of the Future award at Arabian Business Awards
Masdar has been named ‘Innovator of the Future’ for the energy sector at the annual Arabian Business Awards, triumphing over a shortlist that also included Acwa Power, TAQA and ENGIE, in an event that the magazine described as the region’s “first-ever industry Oscars.”
Published on: 28 JAN 2022
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Masdar Institute and MIT to Host Symposium on Sustainable Critical Infrastructure
Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, and the Massachusetts Institute of Technology (MIT) today announced they are jointly hosting a symposium on sustainable critical infrastructure in Abu Dhabi.
Published on: 22 MAR 2014
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UAE President, Egyptian counterpart witness signing of agreement to develop one of world’s largest onshore wind projects in Egypt
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Abdel Fattah El Sisi of Egypt witnessed the signing of an agreement between Masdar, one of the world’s fastest-growing renewable energy companies, along with its Infinity Power joint venture with Infinity, Egypt’s main renewable energy developer, and Hassan Allam Utilities, to develop a 10-gigawatt (GW) onshore wind project in Egypt – one of the largest wind farms in the world.
Published on: 08 NOV 2022
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President of Indonesia Inaugurates Southeast Asia’s Largest Floating Solar Plant
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Indonesia’s state-owned utility company, PLN have inaugurated the 145 megawatt (MWac) (192MWp). Cirata floating solar plant in Indonesia, the largest in the Southeast Asia region.
Published on: 09 NOV 2023
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Construction completed on UAE’s first waste-to-energy plant
Construction has been completed on the Sharjah Waste to Energy plant, the first such facility in the UAE, with the project now entering the testing phase.
Published on: 10 MAY 2022
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Masdar agrees to develop 4 GW of clean energy projects in Azerbaijan
Masdar, one of the world’s leading renewable energy companies, has signed implementation agreements with the Ministry of Energy of the Republic of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 megawatts (MW) as an exclusive concession, with the right to develop an additional 6,000 MW as a second phase, bringing the total production capacity of these projects to 10,000 MW – the largest such signing in Azerbaijan’s history.
Published on: 05 JUN 2022
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Masdar Achieves Financial Close on Landmark 230 MW Garadagh Solar PV Plant in Azerbaijan
Abu Dhabi, United Arab Emirates; August 02, 2022: Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved financial close for its 230-megawatt (MW) Garadagh Solar Photovoltaic (PV) Plant in Azerbaijan – the nation’s first foreign investment-based independent solar power project, and Masdar’s first project in the country.
Published on: 02 AUG 2022
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Masdar City featured in new Astronauts talent show
The Dubai TV channel has recently launched a new programme called Astronauts, where 12 budding cosmonauts compete in challenge-based activities to determine the best candidate to become an astronaut.
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Masdar City receives ‘Visionaries’ Award at Energy Efficiency Global Forum, USA
This year’s EE Global Forum was the fifth annual gathering of discussions on how to increase energy efficiency through technological breakthroughs and policy advances. Masdar City was selected by the Forum’s International Steering Committee, comprising of high-level energy efficiency professionals from across the world, including: President of Schneider Electric U.S., Jeff Drees; United States Senate members Mark Warner and Jeanne Shaheen; Senior Vice President and Global Head, Efficiency and Sustainability, Building Technology, Siemens Industry Inc, Robert J. Dixon; and US House of Representatives members Edward Markey and Paul Tonko. The committee also comprised of several other prominent members from North America, Europe, Africa, Middle East, Asia Pacific and Latin Americas.
Published on: 31 MAR 2012
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Masdar agrees to support IRENA’s climate finance platform
Masdar has agreed to support the International Renewable Energy Agency’s (IRENA) Energy Transition Accelerator Financing (ETAF) Platform, which is targeting the deployment of 1.5 gigawatts of new renewable power in developing countries by 2030.
Published on: 17 JUN 2022
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Masdar City Supports UAE’s Carbon Neutrality Goals with New Masdar City Square
Abu Dhabi, United Arab Emirates; June 24, 2022: Masdar City, a world-class technology and innovation hub and a pioneering sustainable community in Abu Dhabi, along with its consulting partners Woods Bagot and Faithful+Gould, has advanced its contribution to the UAE Net-Zero by 2050 Strategy with the groundbreaking ceremony of its latest development – the Masdar City Square (MC2).
Published on: 24 JUN 2022
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COP28 represents “unprecedented opportunity” to highlight economic potential of climate action, says Masdar CEO
The United Arab Emirates’ bid to host the COP28 global climate summit will help to highlight the economic benefits of climate action, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi told CNBC. Masdar “will do everything we can to support the UAE government in making this a reality,” he stated.
Published on: 26 MAY 2021
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Masdar Executive Director named Woman of the Year in renewable energy sector
Dr Lamya Fawwaz, Executive Director of Brand and Strategic Initiatives, Masdar, has been recognized as Woman of the Year at the fourth annual Women in Renewables Asia (WiRA) Awards event, held yesterday in Dubai. The event also saw Masdar sign a pledge committing to advance diversity and inclusion in the workplace.
Published on: 31 MAR 2022
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Jordan’s Prince Hamzah Hospital deploys sustainable lighting solutions under 20by2020 initiative
As part of the UAE humanitarian initiative, ‘20by2020’, the Zayed Sustainability Prize announced that Prince Hamzah Hospital in the Jordanian capital Amman has deployed sustainable lighting solutions. The hospital is currently treating the largest number of COVID-19 patients in the country.
Published on: 26 MAY 2020
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WiSER Wisdom Series explores the growing influence of ESG investing
Collaboration between public and private sector entities is crucial if the adoption of sustainable finance is to accelerate, attendees of the first in-person WiSER Wisdom Series heard.
Published on: 05 DEC 2021
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Masdar Launches First Green REIT in UAE
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy and sustainable real estate companies, has announced the launch of a sustainable real estate investment trust (REIT) – the first ‘green’ REIT to be introduced in the UAE.
Published on: 15 JAN 2020
