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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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First Startup Accelerator in Middle East Focused on Sustainability and Clean Tech Launched by Masdar
Today, as part of Masdar’s Innovation Week activities, Masdar, BP and Masdar Institute launched The Catalyst, the region’s first technology startup accelerator focused on sustainability and clean tech. The Catalyst, which is supported by USD 5 million in funding from BP, will help startups accelerate their business through funding, training and mentorship. Launched on the first day of Innovation Week with a high-level panel session attended by Minister of State and Chairman of Masdar HE Dr Sultan Ahmed Al Jaber, The Catalyst promotes innovation, entrepreneurship and the development of a knowledge-based economy in Masdar City and Abu Dhabi, in line with the UAE’s National Innovation Strategy.
Published on: 21 NOV 2015
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Saline Water Conversion Corporation (SWCC), Masdar and Khalifa University of Science and Technology
Abu Dhabi Future Energy Company, Masdar, has signed a memorandum of understanding (MoU) with the Saline Water Conversion Corporation (SWCC), a Saudi Government Corporation responsible for power generation and supplying various regions in the Kingdom with desalinated water, and the Abu Dhabi-based Khalifa University of Science and Technology, represented by Masdar Institute, to accelerate the development and commercialization of sustainable desalination technologies needed to enhance regional water security. The MoU was signed on the sidelines of the International Water Summit, a key event of Abu Dhabi Sustainability Week (ADSW) 2018, the region’s largest gathering on sustainability.
Published on: 16 JAN 2018
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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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UAE and Masdar Further Accelerate Growth of Renewable Energy in Mauritania
A groundbreaking ceremony by representatives of the United Arab Emirates, the Islamic Republic of Mauritania and Masdar – Abu Dhabi’s renewable energy company – has marked the official start of construction in Mauritania on seven solar photovoltaic (PV) projects, with a total capacity of 12 megawatts (MW).
Published on: 15 DEC 2015
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The Festival at Masdar City Celebrates Year of Reading
The Festival at Masdar City, held as part of Abu Dhabi Sustainability Week (ADSW), continues to grow year-on-year, with this year’s edition attracting a record number of UAE residents for a weekend of fun-filled, entertaining and educational activities for the whole family.In its third year, the Masdar-hosted Festival inspired UAE residents to adopt more sustainable habits by taking part in a series of interactive activities that relate to clean energy and sustainability.
Published on: 21 JAN 2016
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Celebrating 3 Years of Reliable, Clean Energy from Shams 1 Solar Power Plant
Today marks the third anniversary of the start of the Shams 1 Concentrated Solar Power (CSP) plant’s operations. Shams 1, which occupies 2.5 square kilometres and has a power generating capacity of 100 megawatts, is the first of its kind in the Middle East and North Africa region.
Published on: 15 MAR 2016
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Masdar and Taaleri to launch a joint venture to accelerate wind and solar renewable energy development in Central and Eastern Europe
Abu Dhabi, United Arab Emirates, 15 January, 2019 – Masdar, the Abu Dhabi Future Energy Company, and Taaleri Energia, a Finnish wind and solar developer and fund manager, signed an agreement for the establishment of a joint venture with the aim of developing renewable energy projects in Central and Eastern Europe. The joint venture aims to build upon the success of Masdar and Taaleri’s ongoing activities in the Western Balkans by expanding their collaboration through the joint development of onshore wind and solar photovoltaic (PV) projects.
Published on: 15 JAN 2019
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Shams Power Company Achieves New Milestone
In June 2019, Shams Power Company successfully achieved 1 million man hours without lost time injuries (LTI). LTI is defined as an occurrence that results in a fatality, permanent disability or time lost from work during a certain period of time. This achievement demonstrates the company’s leading role in the global solar industry and highlights the emphasis placed on safety in the plant management process at Shams.
Published on: 04 JUL 2019
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Masdar wins prestigious Mobility Management award for innovative transportation initiatives
Masdar, the Abu Dhabi Future Energy Company, has received the prestigious Dubai Award for Sustainable Transport (DAST) in the Mobility Management category for its initiatives to promote walking and cycling at Masdar City.
Published on: 02 MAR 2019
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International music star Akon visits Masdar City
The Grammy-nominated, multi-platinum selling artist Akon visited Masdar this week, meeting with senior management to learn more about the company’s global projects, initiatives and achievements.
Published on: 05 MAR 2019
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International Women's Day observed
Masdar observed the achievements of all its female employees on International Women’s Day, held on March 8, which recognises the social, economic, cultural and political achievements of women around the world.
Published on: 08 MAR 2019
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New Zealand Partners with UAE to Boost Solar Power in the Solomon Islands
The United Arab Emirates and New Zealand has signed an arrangement for the development of a jointly funded 1 MW solar photovoltaic (PV) power plant in the Solomon Islands. Both countries share a common interest in the rapid deployment of renewable energy in developing countries, particularly in the Pacific region, and signed a renewable energy partnership arrangement in January 2014.
Published on: 17 OCT 2015
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UAE Foreign Minister Visits Masdar-Built Solar Plant in Mauritania
His Highness Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs, visited the Masdar-built Sheikh Zayed Solar Power Plant in the Islamic Republic of Mauritania’s capital city, Nouakchott, while on a state visit to the country on 21 October 2015. He was accompanied by Mauritanian Minister of Petroleum, Energy and Mining Mohammed Salem Ould Al Bashirand His Excellency Eisa Abdullah Al Kalbani, UAE Ambassador to Mauritania.
Published on: 22 OCT 2015
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Shams 1 wins at the 2016 MENASOL Awards
Shams Power Company, developer and operator of the Shams 1 concentrated solar power (CSP) plant in Western Abu Dhabi, has been recognised for its contribution to local communities at this year’s MENASOL Conference and Exhibition in Dubai.
Published on: 28 MAY 2016
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London Array Marks Third Anniversary and Continues to Break Records
The sophisticated 630-megawatt wind power project – the largest international investment of Abu Dhabi’s renewable energy company Masdar – delivers clean and reliable energy to more than half-a-million homes throughout the United Kingdom.
Published on: 09 JUL 2016
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UAE Energy Minister Visits Masdar
“With our demand for energy rising, it’s time to seriously consider an integrated, national energy policy to balance the sources of power we rely on,” said UAE Energy Minister H.E. Suhail Mohamed Al Mazrouei. “We must diversify the energy mix, which includes promoting renewable energy, nuclear and continuing to advance our hydrocarbon industry. This approach will help stabilize the global hydrocarbon market and enable us to meet our responsibility toward consumers.
Published on: 22 APR 2013
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Mohammed bin Zayed Hails Renewable Energy Accord between UAE and Saudi Arabia
Masdar and the King Abdullah City for Atomic and Renewable Energy (K.A.CARE) today announced an agreement to work together to advance the development of renewable energy and clean technology across the region.
Published on: 15 JUN 2014
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Masdar Launches Heat Safety Awareness Campaign
Construction workers employed on projects within Masdar City, including the new headquarters for the International Renewable Energy Agency (IRENA), have been given advice and training on how to avoid heat related health problems while working in the high summer temperatures.
Published on: 25 JUN 2014