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UAE Announces Four New Renewable Energy Projects in the Pacific under $50m Fund
The United Arab Emirates (UAE) today signed partnership agreements with four new Pacific island countries to deploy renewable energy projects under the US$50 million UAE-Pacific Partnership Fund. Grant funding is provided by the Abu Dhabi Fund for Development (ADFD), with the UAE Ministry of Foreign Affairs managing the initiative and Masdar, Abu Dhabi’s renewable energy company, leading implementation. The solar-powered projects – in the Marshall Islands, Nauru, Palau, and the Solomon Islands – are expected to be completed in 2016. The announcement brings the total number of projects under the fund to date to 10.
Published on: 16 JAN 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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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
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First Eco-Friendly Credit Card Launched in the UAE
Major leading UAE financial institution, First Gulf Bank (FGB), will launch the UAE’s first green Visa Credit Card next week in association with Masdar, Abu Dhabi’s renewable energy company, at the sixth World Future Energy Summit during the Abu Dhabi Sustainability Week. The First Gulf Bank Masdar Card allows members of the community to become more involved in different environmentally sustainable initiatives. The product falls in line within a series of socially geared products that FGB has developed recently.
Published on: 07 JAN 2013
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UAE and New Zealand Sign Partnership Arrangement to Deploy Renewable Energy Project
The UAE Ministry of Foreign Affairs (MOFA), along with Masdar, today signed a partnership arrangement with the New Zealand Ministry of Foreign Affairs and Trade to accelerate the global deployment of renewable energy, particularly in Pacific Island countries. Potential project financing comes from a NZ$65 million (US$54 million) pledge by the New Zealand government and the US$50 million grant UAE-Pacific Partnership Fund, which is endowed by the Abu Dhabi Fund for Development (ADFD). The partnership was signed during Abu Dhabi Sustainability Week, the Middle East’s largest gathering focused on sustainability.
Published on: 20 JAN 2014
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Zayed Future Energy Prize Jury Members Visit Masdar’s Shams 1 Solar Power Station
The largest CSP plant in the Middle East and North Africa when commissioned later this year, Shams 1 will offset nearly 175,000 tonnes of carbon dioxide each year, which is equivalent to planting 1.5 million trees or taking 15,000 cars off the road.
Published on: 23 OCT 2012
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UAE Hosts Ministerial Roundtable to Emphasize Role of Women in Climate Change Negotiations at COP 18
Regional and international leaders in the energy and climate change sector convened in Doha to discuss the empowerment of women in the United Nations’ climate change negotiations. The meeting was hosted by Masdar, the UAE Ministry of Foreign Affairs’ Directorate of Energy Climate Change, and Mary Robinson Foundation – Climate Change.
Published on: 06 DEC 2012
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Masdar And The Khalifa Fund For Enterprise Development Join Forces To Boost Emirati Entrepreneurship
Masdar has signed a framework agreement with the Khalifa Fund for Enterprise Development with the goal of enhancing opportunities for Emirati-led clean technology entrepreneurship.
Published on: 28 SEP 2014
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Masdar Launches 3rd International Engage Blogging Contest
Masdar, Abu Dhabi’s renewable energy company, today launched the third edition of its international Engage Blogging Contest ahead of January’s Abu Dhabi Sustainability Week (ADSW) 2015 – the region’s largest gathering on sustainability.
Published on: 12 DEC 2014
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Arjun Infrastructure Partners acquires Enviromena Power Systems
Enviromena Power Systems (Enviromena), a portfolio company of Masdar, Abu Dhabi Future Energy Company, has been successfully acquired by Arjun Infrastructure Partners (AIP). AIP is a UK-based independent infrastructure investment advisory company. It partners with institutional investors, mainly pension plans, to access direct infrastructure investments.
Published on: 28 NOV 2017
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Masdar joint venture Hywind Scotland exceeds operational milestones in first three months
Abu Dhabi, UAE, February 15, 2018: As the UAE celebrates Innovation Month in February, the developers of Hywind Scotland, the world’s first commercial-scale floating wind farm, have reported better than expected results in the first three months of the project’s operations, with cutting-edge technology playing an important role.
Published on: 14 FEB 2018
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Masdar and Costa Rican Electricity Institute to advance renewable energy development
Masdar (Abu Dhabi Future Energy Company) and the Costa Rican Electricity Institute (Instituto Costarricense de Electricidad, or ICE) have announced a collaboration to promote renewable energy development.
Published on: 24 APR 2018
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Brazilian Minister of Environment visits Masdar City
HE Ricardo Salles, Brazilian Minister of Environment, and an accompanying delegation visited Masdar City, where they were briefed on the latest developments taking place at the city and learned more about Masdar’s worldwide Clean Energy portfolio.
Published on: 13 JUN 2019
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Energy-Saving Project Awarded to Future Rehabilitation Centre
Masdar and First Abu Dhabi Bank (FAB) are celebrating the Year of Tolerance in the UAE by helping an Abu Dhabi-based school for people of determination to drastically reduce its electricity and water bills.
Published on: 03 JUL 2019
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Impending High-Level Visits from Ireland Aim to Strengthen Trade Ties with UAE
Recent and upcoming visits of high-level delegations between the UAE and Ireland strongly illustrate the historic links between the two countries, as well as the increasing volume of two-way trade and the willingness to strengthen relations further, according to His Excellency Patrick Hennessy, Irish Ambassador to the UAE.
Published on: 05 MAR 2014
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Energy collaboration discussions between UAE and Kingdom of Saudi Arabia hosted at Masdar City
A delegation of senior government and business leaders from the Kingdom of Saudi Arabia was yesterday given a tour of Masdar City, before taking part in high-level discussions aimed at supporting knowledge transfer and collaboration on energy programmes.
Published on: 13 JAN 2017
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Masdar and Emirates Post to deliver new postal services for Masdar Free Zone tenants
Masdar, Abu Dhabi Future Energy Company, and Emirates Post – the nations’ leading post and express provider – have announced the signing of a Memorandum of Understanding (MoU), to provide dedicated Emirates Post Business Boxes and postal services for Masdar Free Zone companies.
Published on: 23 APR 2018
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Masdar receives CIPS Silver award for excellence in procurement and supply chain practices.
Issued by the Chartered Institute of Purchasing & Supply this global accreditation is awarded to businesses and organisations for achieving the highest international standards in their procurement and supply chain policies and procedures. The certification is awarded after a series of rigorous comprehensive and systemic reviews carried out by an independent auditor.
Published on: 17 OCT 2012
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Masdar City’s PRT system celebrates milestone with 2 millionth passenger
The Masdar City Personal Rapid Transit (PRT) system celebrated its 6th anniversary on 28 November, just a week after carrying its 2 millionth passenger. The PRT’s driverless pods have covered a distance of more than 891,879 km on their transit route over the past six years, and have displaced CO2 emissions equivalent to running 53 cars for a whole year.
Published on: 04 DEC 2016
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Phase 3 of Mohammed bin Rashid Al Maktoum Solar Park Breaks Ground
Construction of the 800 megawatt (MW) phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai will start at the end of this month following the award of the engineering, procurement and construction (EPC) contract for the project. This was announced today at Abu Dhabi Sustainability Week (ADSW) 2017.
Published on: 16 JAN 2017
