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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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Mohamed bin Zayed Launches Abu Dhabi Powerhouse to Develop World-Leading Portfolio in Clean Energy
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, today announced a global clean energy powerhouse intended to spearhead the drive to net-zero carbon by 2050.
Published on: 01 DEC 2021
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Masdar and ENGIE form US$5 billion strategic alliance to help drive UAE’s green hydrogen economy
ENGIE and Masdar, one of the world’s fastest-growing renewable energy companies, announced today that they have signed a strategic alliance agreement to explore the co-development of a UAE-based green hydrogen hub. The two companies are looking to develop projects with a capacity of at least 2 GW by 2030, with a total investment in the region of US$5 billion.
Published on: 03 DEC 2021
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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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Masdar commits to support Ethiopia’s solar energy objectives
Masdar, one of the world’s leading renewable energy companies, and the Government of the Federal Democratic Republic of Ethiopia are exploring the development of solar power projects with a total capacity of 500 megawatts (MW) and related grid infrastructure across Ethiopia.
Published on: 18 MAR 2021
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Masdar signs agreement with Korea agency to explore hydrogen development
Masdar has signed an agreement with the Korea Agency for Infrastructure Technology Advancement (KAIA) to explore the development of a range of technology solutions, including hydrogen offerings, smart cities, and electric vehicles (EV).
Published on: 17 FEB 2022
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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 and France Sign Joint Declaration to Cooperate on Renewable Energy and Energy Efficiency
Today at the World Future Energy Summit in Abu Dhabi, Masdar signed a joint declaration with France in the presence of French President Francois Hollande. The agreement was signed by Delphine Batho, French Minister of Ecology, Sustainable Development and Energy, and Dr. Sultan Ahmed Al Jaber, CEO of Masdar, Abu Dhabi’s renewable energy company.
Published on: 14 JAN 2013
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Financial Times names Masdar City best free zone for renewable energy
Masdar City has been named “Best Free Zone for Start Up Support” by the Financial Times and has collected three other prestigious global awards. The Global Free Zone of the Year Awards hosted by the FT’s fDi Magazine are among the most high-profile awards in the free zone sector, with approximately 65 free zones entering this year’s competition. This is Masdar City’s second consecutive year receiving awards.
Published on: 21 NOV 2017
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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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Cooperation Agreement to Support Renewable Energy Projects in 16 Caribbean Island Countries
Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has signed an agreement with Abu Dhabi’s renewable energy company, Masdar to finalise financing and to bolster collaboration in implementing projects within the framework of the ADFD-funded US$50 million UAE-Caribbean Renewable Energy Fund.
Published on: 03 OCT 2017
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Masdar-led joint venture agrees financing for largest wind farm in Serbia
Financing for one of the largest wind power projects in mainland Europe has been agreed by the project’s shareholders and lenders at a ceremony in the Serbian capital of Belgrade. Due for completion in the first half of 2019, the 158 megawatt (MW) capacity Čibuk 1 wind farm will be the largest utility-scale commercial wind project in Serbia and the Western Balkans.
Published on: 16 OCT 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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Saline Water Conversion Corporation (SWCC), Masdar and Khalifa University of Science and Technology
Abu Dhabi Future Energy Company, Masdar, has signed a memorandum of understanding (MoU) with the Saline Water Conversion Corporation (SWCC), a Saudi Government Corporation responsible for power generation and supplying various regions in the Kingdom with desalinated water, and the Abu Dhabi-based Khalifa University of Science and Technology, represented by Masdar Institute, to accelerate the development and commercialization of sustainable desalination technologies needed to enhance regional water security. The MoU was signed on the sidelines of the International Water Summit, a key event of Abu Dhabi Sustainability Week (ADSW) 2018, the region’s largest gathering on sustainability.
Published on: 16 JAN 2018
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800MW third phase of Mohammed bin Rashid Al Maktoum Solar Park reaches financial close
The financing for Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has been completed. This marks the latest significant milestone for the Masdar-led consortium, with EDF Group’s subsidiary, EDF Energies Nouvelles, which is developing the 800-megawatt (MW) project in partnership with Dubai Electricity and Water Authority (DEWA).
Published on: 14 JUN 2017
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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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The Festival at Masdar City Celebrates Year of Reading
The Festival at Masdar City, held as part of Abu Dhabi Sustainability Week (ADSW), continues to grow year-on-year, with this year’s edition attracting a record number of UAE residents for a weekend of fun-filled, entertaining and educational activities for the whole family.In its third year, the Masdar-hosted Festival inspired UAE residents to adopt more sustainable habits by taking part in a series of interactive activities that relate to clean energy and sustainability.
Published on: 21 JAN 2016
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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
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Masdar and Taaleri to launch a joint venture to accelerate wind and solar renewable energy development in Central and Eastern Europe
Abu Dhabi, United Arab Emirates, 15 January, 2019 – Masdar, the Abu Dhabi Future Energy Company, and Taaleri Energia, a Finnish wind and solar developer and fund manager, signed an agreement for the establishment of a joint venture with the aim of developing renewable energy projects in Central and Eastern Europe. The joint venture aims to build upon the success of Masdar and Taaleri’s ongoing activities in the Western Balkans by expanding their collaboration through the joint development of onshore wind and solar photovoltaic (PV) projects.
Published on: 15 JAN 2019
