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Solar and wind account for 67% of New Power Capacity Added Worldwide in 2019: BNEF
Solar and wind power accounted for over two-thirds of the 265GW of new capacity installed worldwide in 2019, up from less than a quarter of new build in 2010, according to data from BloombergNEF. Photovoltaics (PV) topped all other technologies in new-build terms, with a record 118 gigawatts constructed, and was the most popular technology deployed in a third of nations, the research company said.
Published on: 16 SEP 2020
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Masdar achieves financial close on landmark 100 MW Nur Navoi Solar project in Uzbekistan
Masdar has announced the financial close of the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project.
Published on: 23 DEC 2020
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Masdar achieves first close on 1.6 GW clean energy portfolio in United States from EDF Renewables
Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt (GW) clean-energy portfolio of projects in the United States from EDF Renewables North America.
Published on: 08 FEB 2021
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Masdar and EDF establish joint venture ESCO
Abu Dhabi Future Energy Company (Masdar), a subsidiary of Mubadala Investment Company, and French low-carbon electricity leader EDF have signed an agreement to establish a 50:50 joint venture energy services company (ESCO).
Published on: 11 SEP 2019
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Masdar and EDF Renewables agree to partner in eight renewable energy projects in United States
Masdar has announced its second strategic investment in the United States (US) in a deal with EDF Renewables North America that will see it acquire a 50 percent stake in a 1.6-gigawatt (GW) clean-energy portfolio.
Published on: 13 AUG 2020
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Masdar helping to make UAE a hub for renewable energy and clean tech
Masdar’s involvement in international projects is helping the company to develop local knowledge and experience, and support the UAE’s diversification efforts, Chief Executive Officer Mohamed Jameel Al Ramahi told MEES.
Published on: 12 JUL 2020
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Masdar highlights clean energy at ADIPEC
One of the largest gatherings of local and international petroleum companies, the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) is running from 11 to 14 November at the Abu Dhabi Exhibition Center.
Published on: 11 NOV 2019
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Masdar signs strategic agreement with Samruk-Kazyna to explore renewable energy opportunities in Kazakhstan
Masdar and Samruk-Kazyna, the sovereign wealth fund of the Republic of Kazakhstan, have signed a strategic agreement to explore renewable energy opportunities in Kazakhstan and support the country’s clean-energy objectives.
Published on: 25 FEB 2021
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Renewables “most resilient” energy source during COVID-19 crisis, says IEA
Renewable energy will be the only energy source to see increased demand in 2020 as the COVID-19 pandemic represents the biggest shock to the global energy system since the Second World War, according to the International Energy Agency (IEA).
Published on: 20 MAY 2020
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Renewables still competitive regardless of fossil fuel pricing, says Masdar Executive Director
Renewable energy can still present a “valid case” even at current oil and natural gas price levels, and can help support a post-COVID-19 recovery, Yousif Al Ali, Executive Director, Masdar Clean Energy, told Gulf Intelligence.
Published on: 07 JUL 2020
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Women playing “transformative role” in UAE’s sustainability drive: report
Women in the United Arab Emirates are helping drive the country toward a more sustainable future, with female leadership and talent set to play a “transformative role” in the achievement of its sustainability goals, according to a new report from the US-UAE Business Council.
Published on: 30 AUG 2020
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Zayed Sustainability Prize reveals 30 finalists across five categories
Addressing some of the world’s most pressing and core development challenges, and aligned to the UN Sustainable Development Goals (SDGs) 2030, the finalists of the Zayed Sustainability Prize 2020 were announced today – with 30 candidates now vying to win up to 10 awards, across five categories: Health, Food, Energy, Water, and Global High Schools.
Published on: 07 OCT 2019
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Yousif Al Ali highlights resilience and potential of renewables
Rapidly decreasing costs, competitive technology and round the clock availability of renewable energy is establishing it as a strong contender despite the challenges of COVID-19, Yousif Al Ali, Executive Director, Clean Energy told REGlobal.
Published on: 14 OCT 2020
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Yousif Al Ali stresses importance of clean energy around the world
Renewable energy is increasingly providing electricity around the clock thanks to battery storage solutions, Yousif Al Ali, Executive Director of Clean Energy at Masdar told FinTech TV.
Published on: 27 SEP 2020
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Dhofar Wind Project wins Wind Project of the Year 2019 at the Asian Power Awards
The Dhofar Wind Project has won the Wind Project of the Year 2019 at the Asian Power Awards in Kuala Lumpur, Malaysia.
Published on: 11 SEP 2019
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Effective policymaking and government support will boost US renewables market, says Masdar CEO
Policymakers at federal and state level can boost the US renewables market by creating opportunities for investors, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said at a virtual event this month.
Published on: 22 NOV 2020
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Free Zone participates in World Free Zone Expo
The Masdar City Free Zone has participated in the World Free Zone Expo, which took place at the Abu Dhabi National Exhibition Centre (ADNEC) last week.
Published on: 30 OCT 2019
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Masdar CEO discusses clean energy investment at World Energy Congress
Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, participated in a panel discussion titled “Financing energy: Closing the clean energy investment gap,” at the 24th World Energy Congress in Abu Dhabi.
Published on: 10 SEP 2019
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Masdar CEO visits Dumat Al Jandal wind farm project site
Masdar CEO Mohamed Jameel Al Ramahi led a delegation to Saudi Arabia earlier this month, where they met with HRH Prince Faisal bin Nawaf bin Abdul Aziz, Governor of Al-Jouf, and visited the site of the Dumat Al Jandal wind farm project.
Published on: 18 DEC 2019
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Masdar City and Woods Bagot Partner for World Green Building Council’s ‘Building A Better Future’ Series
Masdar City, Abu Dhabi’s flagship sustainable urban development, has partnered with Woods Bagot, a global architectural and consulting practice, to participate in a WGBC series, produced by BBC StoryWorks Commercial Productions, which will feature the International Renewable Energy Agency (IRENA) building as part of the ‘Building A Better Future’ series.
Published on: 18 NOV 2020
