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Nahdi and Emerge Partner to Power IMDAD with Rooftop Solar in Support of Saudi Vision 2030 Renewable Energy and Sustainability Goals
In line with the ambitious sustainability targets of Saudi Vision 2030 and contributing actively to the goals of the Saudi Green Initiative, Nahdi Medical Company, the largest retail pharmacy chain in Saudi Arabia, has announced a new partnership with Emerge, a joint venture between Masdar and the EDF Group. The partnership aims to develop a 3 megawatt-peak (MWp) rooftop solar installation to power IMDAD, Nahdi’s Distribution Center.
Published on: 12 MAY 2025
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bp Joins Forces with Masdar, Hassan Allam Utilities and Infinity Power to Explore Green Hydrogen Development in Egypt
bp has entered into a Joint Development Agreement (JDA) to join the existing consortium comprising of Masdar, Hassan Allam Utilities and Infinity Power to explore the potential development of a multi-phase green hydrogen (gH2) project in Egypt.
Published on: 01 JUL 2024
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RWE and Masdar’s 3-gigawatt Dogger Bank South Offshore Wind Farms Reach Key Development Milestone
RWE and Masdar have achieved a key milestone for the DBS (Dogger Bank South) Offshore Wind Farms as the Development Consent Order (DCO) application has been accepted into the UK Planning Inspectorate examination phase.
Published on: 10 JUL 2024
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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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Iberdrola and Masdar complete wind turbine installation at Baltic Eagle offshore wind farm
Turbine installation has been successfully completed at the 476 MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Com-pany – Masdar, the UAE’S clean energy powerhouse.
Published on: 16 OCT 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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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 wins tender for 200 MW solar power project in Armenia
The Government of Armenia has officially selected Masdar, one of the world’s leading renewable energy companies, as the winning bidder for the tender for a utility-scale solar project.
Published on: 06 JUL 2021
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Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa’s Clean Energy Objectives
Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW).
Published on: 19 JAN 2023
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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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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).
Published on: 20 MAR 2023
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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.
Published on: 07 SEP 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 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 webinar for regional sustainable aviation fuel initiative
The UAE is well-positioned to produce hydrogen sustainably, participants of the Sustainable Aviation Fuels Initiative for the United Arab Emirates (SAFI-UAE) webinar series heard.
Published on: 20 SEP 2020
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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.
Published on: 15 OCT 2020
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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.
Published on: 17 MAR 2021
