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.

Masdar City featured in new Astronauts talent show

The Dubai TV channel has recently launched a new programme called Astronauts, where 12 budding cosmonauts compete in challenge-based activities to determine the best candidate to become an astronaut.

Masdar Hosts High Level Economic Round Table between UAE and Dutch Delegation

The delegation, received in the UAE by H.E. Sheikha Lubna Bint Khalid Al Qasimi, UAE Minister of Foreign Trade and in Masdar by Dr Sultan Ahmed Al Jaber, CEO of Masdar, discussed a number of possible strategic co-operations in a bid to promote and facilitate mutually beneficial economic relationships.

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.

Masdar Green Real Estate Investment Fund signs a green financing agreement with First Abu Dhabi Bank

Masdar and Miral to develop Abu Dhabi’s largest rooftop solar photovoltaic project

Masdar, one of the world’s leading renewable energy companies, has signed an agreement with Miral, Abu Dhabi’s leading curator of experiences, to develop Abu Dhabi’s largest rooftop solar photovoltaic (PV) project to date at Warner Bros. World™ Abu Dhabi on Yas Island.

Masdar to develop solar power plant for Bee’ah’s HQ

Masdar, one of the world’s leading renewable energy companies, has signed a contract to develop a ground-mounted solar power plant at Bee’ah’s iconic new headquarters in Sharjah.

Masdar signs agreement to develop Armenias largest solar power plant

Masdar has signed an agreement with the Government of the Republic of Armenia to develop a 200-megawatt (MW) solar photovoltaic (PV) plant. The Ayg-1 project will be Armenia’s largest utility-scale solar plant.

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.

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.

Masdar celebrates groundbreaking on 230 MW solar plant in Azerbaijan and signs four new project agreements

Masdar, one of the world’s leading renewable energy companies, has announced the formal start of construction for its 230-megawatt (MW) Garadagh Solar PV Plant in Azerbaijan

Masdar launches interactive Masdar City Mobile App

Visitors to Masdar City in Abu Dhabi can now take self-guided tours of the community with the newly launched interactive Masdar City Mobile application, which is available for download from the Apple App Store and the Google Play Store.

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.

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.

Masdar City Begins Construction on Residential Complex

Masdar City, Abu Dhabi’s pioneering, sustainable city, announced construction has begun on a residential complex that advances the city’s aim to be a leading hub of innovation where people live, work, learn and play.

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.

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.

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.

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.

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.