Infinity Power Finalizes Acquisition of Lekela Power in Africa’s Biggest Renewable Energy Deal

Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, announced today it has completed the acquisition of the entire shareholding of Lekela Power. The transaction makes Infinity Power the largest renewable energy company on the African continent. Infinity’s key stakeholders include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD).

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.

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HH Gen Sheikh Mohamed Bin Zayed Inaugurates Fifth Edition of World Future Energy Summit

His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the Armed Forces of the United Arab Emirates affirmed that - led by His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates - God protect him – The United Arab Emirates is committed to retaining its leading role as a global energy provider through energy diversification including the adoption of renewable energy technologies.

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.

Masdar and PT PJBI form joint venture to drive development of Indonesia’s first floating solar power plant

Masdar and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project.

Masdar supports World Environment Day

As a pioneer in sustainability solutions and a leader in sustainable urban development, Masdar is fully committed to supporting World Environment Day, which is being celebrated across the globe today, June 5.

Masdar participates in panel on gender equality in energy

Masdar’s Executive Director for Brand and Strategic Initiatives, Dr Lamya N Fawwaz, participated in a panel discussion titled “Equality in the Energy Sector,” at the Global Women’s Forum Dubai (GWFD) hosted by the Dubai Women Establishment.

New report ranks UAE 42nd in the world for environmental performance

The UAE has climbed 35 places in the biannual Environmental Performance Index (EPI), a sustainability report that evaluates the environmental performance of 180 countries.

Second Masdar Talks explores pioneering Shams project

Shams, one of the world’s largest concentrated solar power plants, remains a pillar of the UAE’s clean energy strategy, attendees of the second edition of the Masdar Talks Instagram Live series heard earlier today.

Second Phase of Masdar City’s Etihad Eco-Residence Awarded LEED Platinum Certification

Masdar has announced that the second phase of its Etihad Eco-Residence project has been awarded Platinum certification, the highest ranking under the Leadership in Energy and Environmental Design (LEED) system.

The Zayed Sustainability Prize’s 20by2020 Humanitarian Initiative Rebranded to Beyond2020 for Continuous Global Outreach

Following the widespread success of the 20by2020 initiative in helping deliver vital sustainable solutions to vulnerable communities around the world, the Zayed Sustainability Prize has announced the transformation of the 20by2020 initiative into Beyond2020, establishing it as a flagship platform of the Prize for continuous global outreach.

Energy transition investment needs to double over next three years to deliver sustainable recovery: IRENA

Doubling global annual investment in the clean-energy transition over the next three years will support a sustainable recovery post-COVID-19 and create an additional 5.5 million jobs, the head of the International Renewable Energy Agency (IRENA) told Masdar employees at a company virtual event.

Masdar acquires solar power plant in Egypt

Masdar, Abu Dhabi’s renewable energy company, has acquired ib vogt GmbH’s shareholding in the 64.1 MWp “Infinity 50” photovoltaic project in Benban, Egypt. Masdar and ib vogt have additionally signed agreements of intent concerning the purchase of ib vogt’s shareholdings in three more solar parks also located in the Benban solar complex, which have a combined volume of 166.5 MWp.

Masdar acquires stake in Hero Future Energies of India

Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries.

Masdar participates in 10th annual World Urban Forum

The World Urban Forum (WUF), a landmark international gathering that focuses on the future of urbanisation, recently held its 10th session in Abu Dhabi.

Effective policymaking and government support will boost US renewables market, says Masdar CEO

Policymakers at federal and state level can boost the US renewables market by creating opportunities for investors, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said at a virtual event this month.

Masdar CEO discusses future of energy at Siemens Energy Middle East Partner Day

The energy mix will need to shift toward clean-energy sources as countries look to deliver sustainable recovery post-COVID-19, Masdar Chief Executive Officer Mohamed Al Ramahi said at the first Siemens Energy Middle East Partner Day.