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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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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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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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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 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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Carbon Capture, Usage & Storage Project Advanced at Emirates Steel’s Mussafah Facility
The two organisations have made sufficient progress on the commercial principles and have now commenced drafting Head of Terms (HoT) to govern future detailed delivery agreements.
Published on: 17 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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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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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
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Hope Probe makes first contact on mission to Mars
The UAE’s Hope Probe, the first Arab interplanetary mission to Mars, has successfully sent its first transmission from space, according to the UAE Space Agency and Mohammed bin Rashid Space Centre.
Published on: 20 JUL 2020
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Ripe Market coming to Masdar City, Abu Dhabi
The wait is finally over; Masdar City, will be host to the Ripe Market’s return to Abu Dhabi, on Friday, 26th November from 4pm to 10pm, with offerings for both foodies and shoppers to enjoy!
Published on: 17 NOV 2021
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Masdar signs agreements to explore clean energy opportunities in Greece
Masdar has signed a number of Memorandums of Understanding with leading organizations in Greece to explore clean energy opportunities in the nation.
Published on: 09 MAY 2022
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Growth of renewables in the Middle East in the spotlight at Milken Institute summit
Masdar’s Chief Financial Officer, Niall Hannigan, joined more than 1,000 global thought leaders, government officials and business leaders at the recent Milken Institute’s 2020 Middle East and Africa Summit in Abu Dhabi.
Published on: 24 FEB 2020
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Masdar City wins prestigious industry award
Masdar City was recognised as part of the “Building the Future—The Top Real Estate companies in the Middle East 2019 awards organised by Forbes ME, receiving the Best Sustainable Developer Award”, for our pioneering contribution to the sustainable development market. The award was accepted by Yousef Baselaib, Executive Director, Sustainable Real Estate.
Published on: 20 NOV 2019
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Masdar and W Solar Investment form joint venture company to develop renewable energy projects
Masdar, one of the world’s leading renewable energy companies, and W Solar Investment, a subsidiary of Alpha Dhabi Holding, and a development and investment company in the solar energy industry, have formed a joint venture company (JVC) to develop clean energy projects in a range of geographies.
Published on: 25 JAN 2022
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Masdar raises awareness on climate change with support for new board game
Masdar is helping to raise awareness on climate change by supporting an Emirati company that has developed a board game to teach players how their actions can affect greenhouse gas emissions.
Published on: 04 APR 2022
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Masdar looks to global partnerships to drive renewable energy, executive director tells Euronews
Masdar looks to global partnerships to drive renewable energy, executive director tells Euronews
Published on: 12 JUN 2020