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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 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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Mohamed bin Zayed honors winners of Parent-friendly Label
President His Highness Sheikh Mohamed bin Zayed Al Nahyan this week honored Masdar and other winners of the first cycle of the Parent-friendly Label (PFL), at Qasr Al Bahar. Launched by the Abu Dhabi Early Childhood Authority (ECA), the initiative encourages Abu Dhabi’s semi-government, private and third sector entities to adopt parent-friendly work practices and policies. The Label also supports working parents as they care for their children and encourages a better work-life balance.
Published on: 09 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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Investing for a sustainable future
Billions of dollars are invested each day to grow the world economy. Most of this money buys things that are made with energy, which emit CO2 and other greenhouse gases. This leads to global warming and climate change.
Published on: 30 MAR 2021
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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
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Shams Power Company achieves two million safe man-hours without lost time injuries
Shams Power Company has achieved a significant safety milestone, reaching two million safe man-hours without lost time injury at the Shams power plant in Abu Dhabi.
Published on: 16 NOV 2021
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Masdar wins bid for Uzbekistan’s first PPP utility-scale solar project
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has announced that it is the winning bidder to develop Uzbekistan’s first public-private partnership (PPP) solar project under the International Finance Corporation’s (IFC) Scaling Solar programme.
Published on: 22 OCT 2019
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Abu Dhabi invests US$100 million in agricultural technology companies to secure food supply chains, Bloomberg reports
The Abu Dhabi Investment Office (ADIO) has made agreements with agricultural technology companies, including Madar Farms, to deliver research and development and food production facilities in the emirate, Bloomberg reported. Authorities invested US$100 million in the companies, which also include AeroFarms and RNZ, as they look to build vertical farms to secure supply chains in reaction to the COVID-19 pandemic, the news organization said.
Published on: 09 JUL 2020
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Masdar City wins United Nations Sustainable Cities and Human Settlements Award
Masdar City has won a United Nations Sustainable Cities and Human Settlements Award at the Global Forum on Human Settlement 2019.
Published on: 18 SEP 2019
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Y4S Leader travels to Antarctica on climate mission
Athra Khamis, a Youth 4 Sustainability (Y4S) Future Sustainability Leader, has swapped the desert environment of the UAE for a very different kind of desert: Antarctica. The 24-year old Emirati participated in March in the 2041 ClimateForce: Antarctica Expedition, organized by the 2041 Foundation, as part of a group of global youth leaders to witness firsthand the effects of climate change on the continent and raise awareness of the issue.
Published on: 11 APR 2022
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Masdar City Unveils its First Eco-Villa
Masdar City, Abu Dhabi’s urban innovation ecosystem, today launched a new concept for sustainable villas that generate enough solar energy to power the homes year-round. The eco-villas are designed to accommodate future population growth and meet a growing demand for sustainable family homes.
Published on: 21 APR 2015
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HH Sheikh Hamdan bin Zayed Al Nahyan visits Masdar City and the Eco-Villa
Also present were HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan; Dr Sultan Ahmed Al Jaber, Minister of State and Chairman of Masdar, Abu Dhabi Future Energy Company; Mohamed Hamad bin Azzan Al Mazrouei, the Under-Secretary of the Ruler's Representative Court in the Western Region; Sultan bin Khalfan Al Rumaithi, Director of the Office of Ruler's Representative in the Western Region; Saif Badr Al Qubaisi, Director General of the Abu Dhabi Housing Authority; Falah Mohamed Al Ahbabi, Director General of the Abu Dhabi Urban Planning Council; Atiq Khamis Hamad Al Mazrouei, Acting Director General of Western Region Municipality; and senior Masdar officials.
Published on: 01 FEB 2017
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Al Waha Residence breaks ground at Masdar City
Another residential development has broken ground at Masdar City, Abu Dhabi’s flagship sustainable community, it was announced today. Due for completion by 2020, the 600-unit Al Waha Residences will comprise luxury studios and apartments in one-, two- and three-bedroom unique Sky-Home and Townhouse configurations designed to meet strict environmental standards.
Published on: 07 JAN 2018
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Youth from Across UAE Join The Student Exclusive
The Student Exclusive – a first-of-its-kind youth event at Abu Dhabi Sustainability Week (ADSW) – drew hundreds of students from across the United Arab Emirates for the January 19 event. Supporting ADSW’s mission of raising awareness about sustainable development across the Emirates, the event represented an important gathering of students on sustainability in the UAE, as part of the Middle East’s largest conference on sustainability.
Published on: 20 JAN 2016
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U.S.-UAE Partnerships on Sustainability on Display during Vice President Joe Biden’s Visit to Masdar
Vice President Joseph R. Biden visited Masdar City as part of his series of official engagements with senior UAE leaders. The visit is the latest milestone in a bilateral relationship that has helped drive global efforts to foster the widespread adoption of renewable energy, the acceleration of clean technology innovation and research as well as the development of knowledge and human capital across a number of emerging industries.
Published on: 07 MAR 2016
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Students Welcome the UAE’s Solar-Powered Car as it Reaches Shams 1 – Abu Dhabi’s 100MW Solar Plant
More than 200 school students cheered on the arrival of the Petroleum Institute’s solar-powered car as it reached Shams 1 – Abu Dhabi’s large-scale concentrated solar power plant – located in Al Gharbiya. The Petroleum Institute’s car and its team are representing the United Arab Emirates as part of the Abu Dhabi Solar Challenge.
Published on: 17 JAN 2015
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Masdar CEO Highlights Renewable Energy as Viable Technology of Choice
Earth to Paris, the UN Foundation’s dialogue platform in Paris during the COP21 negotiations hosted its day-long initiative, bringing together experts, advocates, and CEOs to discuss creative and impactful climate solutions to inspire bold, meaningful action for people and the planet. Speakers from all over the world met to discuss how innovation, technology, and creativity are driving climate solutions and turning talk into ambitious climate action.
Published on: 08 DEC 2015
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Celebrating 3 Years of Reliable, Clean Energy from Shams 1 Solar Power Plant
Today marks the third anniversary of the start of the Shams 1 Concentrated Solar Power (CSP) plant’s operations. Shams 1, which occupies 2.5 square kilometres and has a power generating capacity of 100 megawatts, is the first of its kind in the Middle East and North Africa region.
Published on: 15 MAR 2016
