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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.
Published on: 30 MAR 2021
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EWEC Announces Partners to Develop the World’s Largest Solar Power Plant
The Emirates Water and Electricity Company (EWEC) has announced the award for the development of the world’s largest solar power plant. The project was awarded to a consortium led by Abu Dhabi National Energy Company (TAQA) and Masdar, with partners EDF and JinkoPower, to develop the 2 GW Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project, which will be located approximately 35 kilometers from Abu Dhabi city. The project’s power purchase agreement (PPA) and shareholders’ agreement were signed with EWEC.
Published on: 26 JUL 2020
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Masdar demonstrates leadership in energy sector with Excellence in Power award at S&P Global Platts Global Energy Awards 2021
Masdar, one of the world’s fastest-growing renewable energy companies, has received the coveted ‘Award of Excellence – Power’ at the S&P Global Platts Global Energy Awards 2021, beating companies from across the entire energy sector and demonstrating its leadership in clean energy. The US-based event is one of the most prestigious for the global energy industry.
Published on: 11 DEC 2021
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Masdar partners with Circle of Hope to support women, youth and environment
Masdar has announced a partnership with Circle of Hope, an organization founded by Sheikha Shamma bint Sultan bin Khalifa Al Nahyan. The partnership aims to help educate and empower women and youth and to combat climate change across the UAE and beyond. The agreement was signed by Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Founder of Circle of Hope and Mohammed Jameel Al Ramahi, Chief Executive Officer of Masdar during a virtual signing ceremony.
Published on: 04 APR 2021
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Masdar named ‘Energy Company of the Year’ for third time at Gulf Business Awards 2021
Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, has been recognized as ‘Energy Company of the Year” for the third time at the prestigious Gulf Business Awards 2021, having previously won the award in 2016 and 2017.
Published on: 24 NOV 2021
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Mohamed bin Zayed Launches Abu Dhabi Powerhouse to Develop World-Leading Portfolio in Clean Energy
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, today announced a global clean energy powerhouse intended to spearhead the drive to net-zero carbon by 2050.
Published on: 01 DEC 2021
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Masdar and ENGIE form US$5 billion strategic alliance to help drive UAE’s green hydrogen economy
ENGIE and Masdar, one of the world’s fastest-growing renewable energy companies, announced today that they have signed a strategic alliance agreement to explore the co-development of a UAE-based green hydrogen hub. The two companies are looking to develop projects with a capacity of at least 2 GW by 2030, with a total investment in the region of US$5 billion.
Published on: 03 DEC 2021
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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.
Published on: 26 NOV 2021
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Shams Power Company achieves two million safe man-hours without lost time injuries
Shams Power Company has achieved a significant safety milestone, reaching two million safe man-hours without lost time injury at the Shams power plant in Abu Dhabi.
Published on: 16 NOV 2021
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Masdar wins GCC Gov HR Award
Masdar’s Human Capital team has been announced as the winner of the Gulf Cooperation Council (GCC) Gov HR Award’s Best Employee Benefits and Wellbeing Strategy for its Masdar Wellness Programme.
Published on: 16 OCT 2019
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Masdar City named world’s most sustainable city
Masdar City has been named the world’s most sustainable city by Cityscape Intelligence. Abdulla Ahmed Balalaa, Acting Executive Director for Sustainable Real Estate at Masdar, was also recognized by the business intelligence firm as one of the one of the most influential figures for sustainable real estate in the Middle East and North Africa (MENA) region.
Published on: 27 APR 2021
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Masdar City wins United Nations Sustainable Cities and Human Settlements Award
Masdar City has won a United Nations Sustainable Cities and Human Settlements Award at the Global Forum on Human Settlement 2019.
Published on: 18 SEP 2019
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Masdar signs agreement with Korea agency to explore hydrogen development
Masdar has signed an agreement with the Korea Agency for Infrastructure Technology Advancement (KAIA) to explore the development of a range of technology solutions, including hydrogen offerings, smart cities, and electric vehicles (EV).
Published on: 17 FEB 2022
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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.
Published on: 11 JAN 2021
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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.
Published on: 21 NOV 2017
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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.
Published on: 20 APR 2015
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Masdar Advises Workers How to Stay Safe in the Summer Heat
Masdar has provided advice and awareness for workers employed on projects in Masdar City as part of the contractor management program, on how to stay healthy and safe during high summer temperatures as part of its heat stress safety awareness campaign, launched this week.
Published on: 20 JUN 2015
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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.
Published on: 01 FEB 2017
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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.
Published on: 03 OCT 2017
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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.
Published on: 07 JAN 2018
