Masdar Completes First Project in £1 Billion UK Battery Storage Investment and Announces New Projects in Pipeline

Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced the start of commercial operations at its battery energy storage system (BESS) facility in Stockport; the first project to be completed under Masdar’s £1 billion commitment to invest in UK battery energy storage. The company will also develop two new BESS projects, in Cardiff and Chesterfield.

bp Joins Forces with Masdar, Hassan Allam Utilities and Infinity Power to Explore Green Hydrogen Development in Egypt

bp has entered into a Joint Development Agreement (JDA) to join the existing consortium comprising of Masdar, Hassan Allam Utilities and Infinity Power to explore the potential development of a multi-phase green hydrogen (gH2) project in Egypt.

RWE and Masdar’s 3-gigawatt Dogger Bank South Offshore Wind Farms Reach Key Development Milestone

RWE and Masdar have achieved a key milestone for the DBS (Dogger Bank South) Offshore Wind Farms as the Development Consent Order (DCO) application has been accepted into the UK Planning Inspectorate examination phase.

Masdar and EMSTEEL Announce Successful Pilot Project Using Green Hydrogen to Produce Green Steel

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and EMSTEEL, the UAE’s largest publicly listed steel and building materials company, have announced the successful completion of a pilot project demonstrating the use of green hydrogen to produce green steel.

UAE Ministry of Defence and Masdar Sign Partnership Agreement to Develop Multi-Solar Plants Across Abu Dhabi

The UAE Ministry of Defence and Abu Dhabi Future Energy Company PJSC – Masdar, have signed a Partnership Agreement to develop multi-solar plants across Abu Dhabi.

Masdar reaches close on financing for 476MW Baltic Eagle Offshore Wind Project

Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, has achieved close on the financing of its 49 percent shareholding in the 476MW Baltic Eagle wind farm, located in the Baltic Sea off the coast of Germany.

Masdar and Silk Road Fund Sign Co-investment Agreement for Renewable Energy Projects

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and China’s Silk Road Fund (SRF) have signed a Memorandum of Understanding (MoU) to explore potential co-investment opportunities in renewable energy projects in Belt and Road Initiative (BRI) countries, primarily in the developing world and global south.

TotalEnergies and Masdar demonstrate Methanol-to-SAF pathway with successful test flight

The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens all contributed to the successful flight.

Accelerating energy transitions could create 122 million jobs by 2050

Accelerating energy transitions on a path to climate safety can grow the global economy by 2.4 per cent over the expected growth of current plans within the next decade and create 122 million energy-related jobs by 2050, according to a report from the International Renewable Energy Agency (IRENA).

Masdar joint venture reaches financial close and starts construction on Indonesia’s first utility-scale floating solar power plant

Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, announced today that financial close has been achieved on the Cirata Floating Photovoltaic Power Plant project and construction work has begun.

Masdar celebrates inauguration of landmark 100 MW Nur Navoi Solar project in Uzbekistan

Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has inaugurated the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project.

Masdar wins tender for 200 MW solar power project in Armenia

The Government of Armenia has officially selected Masdar, one of the world’s leading renewable energy companies, as the winning bidder for the tender for a utility-scale solar project.

Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa’s Clean Energy Objectives

Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW).

Masdar Achieves Financial Close on Three Solar Projects in Uzbekistan

Financing for the projects is being provided by the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB). The Dutch Entrepreneurial Development Bank, FMO, and ILX are acting as B loan participants.

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.

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.

Masdar and Africa50 Join Forces to Accelerate Clean Energy Transition Across Africa

Abu Dhabi Future Energy Company PJSC – Masdar has announced a partnership with Africa50, the pan-African infrastructure investment platform to identify, fast-track and scale clean energy projects across the continent. The UAE’s clean energy champion has signed a memorandum of understanding (MoU) with Africa50 which will work to bridge the infrastructure funding gap and mobilize public and private finance.

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.

we-are-committed

Flag day