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Masdar signs agreement to develop Georgia’s largest utility-scale solar power plant
Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a solar photovoltaic (PV) power project in the country, with a capacity of as much as 100 megawatts (MW). The project, which will be jointly developed with the GEDF, will be Georgia’s largest solar power plant.
Published on: 30 DEC 2021
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WiSER Wisdom Series explores the growing influence of ESG investing
Collaboration between public and private sector entities is crucial if the adoption of sustainable finance is to accelerate, attendees of the first in-person WiSER Wisdom Series heard.
Published on: 05 DEC 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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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 bid for Uzbekistan’s first PPP utility-scale solar project
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has announced that it is the winning bidder to develop Uzbekistan’s first public-private partnership (PPP) solar project under the International Finance Corporation’s (IFC) Scaling Solar programme.
Published on: 22 OCT 2019
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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 celebrates groundbreaking on 230 MW solar plant in Azerbaijan and signs four new project agreements
Masdar, one of the world’s leading renewable energy companies, has announced the formal start of construction for its 230-megawatt (MW) Garadagh Solar PV Plant in Azerbaijan
Published on: 16 MAR 2022
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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 commits to support Ethiopia’s solar energy objectives
Masdar, one of the world’s leading renewable energy companies, and the Government of the Federal Democratic Republic of Ethiopia are exploring the development of solar power projects with a total capacity of 500 megawatts (MW) and related grid infrastructure across Ethiopia.
Published on: 18 MAR 2021
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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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Y4S Leader travels to Antarctica on climate mission
Athra Khamis, a Youth 4 Sustainability (Y4S) Future Sustainability Leader, has swapped the desert environment of the UAE for a very different kind of desert: Antarctica. The 24-year old Emirati participated in March in the 2041 ClimateForce: Antarctica Expedition, organized by the 2041 Foundation, as part of a group of global youth leaders to witness firsthand the effects of climate change on the continent and raise awareness of the issue.
Published on: 11 APR 2022
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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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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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Masdar-led joint venture agrees financing for largest wind farm in Serbia
Financing for one of the largest wind power projects in mainland Europe has been agreed by the project’s shareholders and lenders at a ceremony in the Serbian capital of Belgrade. Due for completion in the first half of 2019, the 158 megawatt (MW) capacity Čibuk 1 wind farm will be the largest utility-scale commercial wind project in Serbia and the Western Balkans.
Published on: 16 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
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800MW third phase of Mohammed bin Rashid Al Maktoum Solar Park reaches financial close
The financing for Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has been completed. This marks the latest significant milestone for the Masdar-led consortium, with EDF Group’s subsidiary, EDF Energies Nouvelles, which is developing the 800-megawatt (MW) project in partnership with Dubai Electricity and Water Authority (DEWA).
Published on: 14 JUN 2017
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Students Welcome the UAE’s Solar-Powered Car as it Reaches Shams 1 – Abu Dhabi’s 100MW Solar Plant
More than 200 school students cheered on the arrival of the Petroleum Institute’s solar-powered car as it reached Shams 1 – Abu Dhabi’s large-scale concentrated solar power plant – located in Al Gharbiya. The Petroleum Institute’s car and its team are representing the United Arab Emirates as part of the Abu Dhabi Solar Challenge.
Published on: 17 JAN 2015
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Key sponsors and partners of Abu Dhabi Sustainability Week honoured
Masdar, the Abu Dhabi Future Energy Company, has honoured the sponsors and partners of Abu Dhabi Sustainability Week (ADSW) 2019, the largest sustainability gathering in the Middle East. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, paid tribute to the organisations that partnered with and sponsored this year’s ADSW, which is held annually in January.
Published on: 14 MAY 2019
