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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.
Published on: 06 APR 2023
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COP26 a “fantastic achievement” Masdar CEO tells Forbes Middle East
The recent COP26 climate change conference was successful and represents a “fantastic achievement,” Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, told Forbes Middle East in an in-depth interview.
Published on: 16 DEC 2021
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Region’s First Commercial Scale Waste to Energy Plant inaugurated in Sharjah Represents Major Achievement in Low Carbon Energy Production
The Emirates Waste to Energy company, a joint venture between BEEAH, the Middle East’s sustainability pioneer, and Masdar, one of the world’s leading renewable energy companies, has announced the inauguration of the Sharjah Waste to Energy plant, the first commercial scale plant of its kind in the Middle East.
Published on: 24 MAY 2022
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Masdar celebrates inauguration of first projects in Poland
Masdar, one of the world’s leading renewable energy companies, and Taaleri SolarWind II Fund, which invests in utility-scale wind and solar assets, formally inaugurated the wind farms that they jointly own in Poland.
Published on: 09 DEC 2021
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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.
Published on: 17 DEC 2020
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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.
Published on: 16 FEB 2020
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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.
Published on: 24 SEP 2020
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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.
Published on: 21 SEP 2020
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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.
Published on: 16 JUL 2020
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Celebrating International Women’s Day
Masdar celebrated the achievements and success of all its female employees on International Women’s Day – a global event to mark the social, economic, cultural and political achievements of women around the world. Taking place under the theme Each for Equal, this year’s event aims to help forge a gender equal world, celebrating women’s achievements and increasing visibility, while encouraging everyone to call out inequality.
Published on: 08 MAR 2020
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Masdar and Uzbekistan Government to develop landmark 500MW wind project
Masdar has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500-megawatt utility-scale wind farm project.
Published on: 09 JUN 2020
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Abu Dhabi Department of Energy joins Abu Dhabi Sustainability Week as principal partner
Abu Dhabi’s Department of Energy (DoE) today announced that it will serve as Principal Partner at Abu Dhabi Sustainability Week (ADSW) for the second year in a row.
Published on: 24 NOV 2019
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Masdar’s Ahmed Baghoum shares importance of a green energy transition
A green transition will require the cooperation of all sectors, the reskilling of workers and the continued deployment of renewables, Ahmed Baghoum, Executive Director, Human Capital and Services, Masdar, said during a virtual panel organized by the EU-GCC Business Council.
Published on: 17 NOV 2020
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Masdar's Alya Al Naqbi highlights pivotal role of women in energy
Alya Al Naqbi, Interface and Project Control Manager at Masdar, highlighted the power of resilience and shared her extensive experience in the energy sector in an interview with Kul Al Usra magazine, an Arabic-language lifestyle magazine.
Published on: 01 SEP 2020
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London Array Proves Viability of Large-Scale Renewable Projects
Today marks the two-year anniversary of the inauguration and completion of London Array – the world’s largest offshore wind farm. The sophisticated, 630-megawatt wind power project – and Masdar’s largest international investment to date – continues to deliver clean and reliable energy to more than half-a-million homes throughout the United Kingdom.
Published on: 04 JUL 2015
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ADEC agreement will drive knowledge economy efforts at Masdar City
Masdar signed a new Memorandum of Understanding (MoU) with the Abu Dhabi Education Council (ADEC) on April 12th 2016, to provide streamlined procedures for the establishment of schools and institutes of higher education at Masdar City.
Published on: 12 APR 2016
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Young Emirati to Join Solar Impulse team on Historic Round-the-World Flight
Hasan Al Redaini will join the Solar Impulse 2 (Si2) team on its round-the-world journey set to take-off this March from Abu Dhabi. Si2 is the first solar-powered plane able to fly day and night without a drop of fuel.
Published on: 03 MAR 2015
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HRH Crown Prince of Denmark Visits Masdar Projects during Abu Dhabi Sustainability Week
HRH Crown Prince of Denmark today visited two of Masdar’s flagship projects including Masdar City, the low-carbon urban development, and Shams 1, the 100-megawatt concentrated solar power plant in Abu Dhabi. The Crown Prince was in the United Arab Emirates to participate in the Abu Dhabi Sustainability Week (ADSW) where Denmark yesterday signed a framework agreement with the UAE to explore and co-develop renewable energy projects.
Published on: 20 JAN 2014
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Masdar Achieves Financial Close of London Array Project
Masdar Energy UK, a wholly owned subsidiary of Masdar, Abu Dhabi’s renewable energy company, today announced the completion of a 12 year limited-recourse project financing of up to £266 million for its stake in phase one of London Array. The landmark financing is the first time that a limited-recourse structure has been completed for an unincorporated joint venture within the renewable energy industry.
Published on: 09 OCT 2013
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Siemens strengthens Middle East presence with new headquarters at Masdar City
Siemens, the global powerhouse in electronics and electrical engineering operating in the energy, infrastructure, industry and healthcare sectors, today inaugurated its new Middle East headquarters at Masdar City – Abu Dhabi’s low-carbon, sustainable city – where Siemens is an anchor tenant. The Siemens building has been designed with sustainable materials and energy efficient technologies, making it the first LEED Platinum certified office in the United Arab Emirates’ capital city. The building has become a benchmark for future projects in the Middle East and beyond, due to the sustainability standards and development methodology used in building it.
Published on: 21 JAN 2014