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EDF Renewables, Korea Western Power Co (KOWEPO) and Masdar announce Financial Close of Al Ajban Solar PV project in Abu Dhabi, one of the World’s Largest Solar Power Plants launched by EWEC
The project company, led by EDF Renewables and Korea Western Power (KOWEPO), alongside their partner Abu Dhabi Future Energy Company PJSC – Masdar, announced today the successful financial closing of the 1.5 gigawatt (GW) AC Al Ajban Solar Photovoltaic (PV) Independent Power Producer (IPP) project in the Emirate of Abu Dhabi.
Published on: 17 SEP 2024
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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.
Published on: 15 MAR 2024
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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.
Published on: 22 NOV 2024
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Iberdrola and Masdar sign global alliance to co-invest up to €15 billion in offshore wind and green hydrogen projects in Germany, UK and the USA
Today (5th December) at COP28 in Dubai, global green energy giants Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in key markets including Germany, UK and the USA.
Published on: 05 DEC 2023
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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.
Published on: 06 DEC 2023
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Youth 4 Sustainability Announces Game-Changing Winner of Innovate 4 Climate Challenge
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Youth 4 Sustainability (Y4S), a Masdar initiative and the UAE’s premier youth empowerment platform on sustainability, has today announced the winner for the Innovate 4 Climate (I4C) 2023 Challenge.
Published on: 07 DEC 2023
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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.
Published on: 03 AUG 2021
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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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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.
Published on: 18 OCT 2022
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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 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 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.
Published on: 11 NOV 2019
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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.
Published on: 19 FEB 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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Masdar City hosts Run for Tolerance
Ryan International School, Masdar City, hosted the Run for Tolerance minithon on 16 November, coinciding with the International Day of Tolerance.
Published on: 16 NOV 2019
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Artificial intelligence will benefit women, says Armenian President
Humanity has “nothing to fear” from the spread of artificial intelligence (AI) and the onset of the Fourth Industrial Revolution, and its development will ultimately be beneficial for women, according to His Excellency Dr Armen Sarkissian, the President of the Republic of Armenia.
Published on: 22 MAR 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