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.

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.

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.

Masdar’s annual Sustainability Report reveals global portfolio and advanced pipeline capacity grew 58% in 2023

Masdar’s clean energy capacity rose from 20GW in 2022 to 31.5GW in 2023, with operational projects generating 26,702GWh of power, avoiding 14 million tonnes of CO2e

Masdar and EMSTEEL Announce Successful Pilot Project Using Green Hydrogen to Produce Green Steel

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and EMSTEEL, the UAE’s largest publicly listed steel and building materials company, have announced the successful completion of a pilot project demonstrating the use of green hydrogen to produce green steel.

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.

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.

TotalEnergies and Masdar demonstrate Methanol-to-SAF pathway with successful test flight

The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens all contributed to the successful flight.

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.

Masdar celebrates inauguration of landmark 100 MW Nur Navoi Solar project in Uzbekistan

Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has inaugurated the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project.

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.

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.

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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.

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.

New report ranks UAE 42nd in the world for environmental performance

The UAE has climbed 35 places in the biannual Environmental Performance Index (EPI), a sustainability report that evaluates the environmental performance of 180 countries.

Second Phase of Masdar City’s Etihad Eco-Residence Awarded LEED Platinum Certification

Masdar has announced that the second phase of its Etihad Eco-Residence project has been awarded Platinum certification, the highest ranking under the Leadership in Energy and Environmental Design (LEED) system.

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.

Masdar acquires solar power plant in Egypt

Masdar, Abu Dhabi’s renewable energy company, has acquired ib vogt GmbH’s shareholding in the 64.1 MWp “Infinity 50” photovoltaic project in Benban, Egypt. Masdar and ib vogt have additionally signed agreements of intent concerning the purchase of ib vogt’s shareholdings in three more solar parks also located in the Benban solar complex, which have a combined volume of 166.5 MWp.