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HRH, the Duke of York opens Masdar Building at the University of Manchester
Abu Dhabi, United Arab Emirates; December 11, 2018 – Masdar, the Abu Dhabi Future Energy Company, has hailed the official opening of the Masdar Building, which houses The University of Manchester’s Graphene Engineering Innovation Centre (GEIC), as an important step forward in its commitment to advancing clean-tech innovation around the world.
Published on: 11 DEC 2018
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Dudgeon wind farm signs publicly rated landmark project refinancing of GBP1.4 billion
The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group have announced the signing of a hybrid refinancing that includes approximately GBP561 million of commercial bank debt and GBP706 million of senior secured notes privately placed with institutional investors, finally maturing in 2032. Both tranches have been oversubscribed, underpinning strong investor interest. The A- (EXP) rating by Fitch reflects efficient operations and robust asset performance.
Published on: 13 DEC 2018
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HH Sheikh Mohammed bin Rashid and HH Sheikh Mohammed bin Zayed attend Opening Ceremony of Abu Dhabi Sustainability Week 2019
His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, today welcomed global heads of state, local dignitaries and business leaders to Abu Dhabi Sustainability Week 2019.
Published on: 14 JAN 2019
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Masdar Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals
Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
Published on: 10 OCT 2018
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Financing commitments mark critical milestone in development of Bee’ah’s and Masdar’s Sharjah waste-to-energy facility
Abu Dhabi Future Energy Company, Masdar, and Bee’ah, the UAE’s leading environmental management company, have secured financing commitments for the Sharjah Multi-Fuel Waste-to-Energy Facility, the flagship project of Emirates Waste to Energy, a joint venture between the two companies launched in May 2017.
Published on: 17 JAN 2018
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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 to Install Rooftop Solar PV Systems at Khazna’s Masdar City Facility
Masdar, a subsidiary of the Mubadala Investment Company (Mubadala), today announced that it will install a 290-kilowatt (KW) solar photovoltaic (PV) system to serve the facility of Khazna Data Centres (Khazna) in Masdar City.
Published on: 03 MAR 2018
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Ethiopian Prime Minister Dr Abiy Ahmed Visits Masdar City
His Excellency Dr Abiy Ahmed, Prime Minister of Ethiopia, visited Masdar City in Abu Dhabi on Saturday. He was received by a delegation led by HE Dr Sultan Al Jaber, Minister of State and Chairman of Masdar (Abu Dhabi Future Energy Company); Mohamed Jameel Al Ramahi, CEO of Masdar; Yousef Baselaib, Masdar’s Executive Director for Sustainable Real Estate; and Bader Al Lamki, Masdar’s Executive Director for Clean Energy.
Published on: 19 MAY 2018
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Masdar City - A template for sustainable urban development
The development of Masdar City as a low-carbon solution to urban living reflects the significant investment the UAE is making in sustainable development, and its clear understanding of the valuable role cities play in driving global sustainability. By applying real-world solutions in energy and water efficiency, mobility and waste management, Masdar City offers practical solutions not blue-sky thinking.
Published on: 18 JUN 2019
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Saudi youth support major investment in renewable energy
Abu Dhabi, United Arab Emirates, December 28, 2016 – Ambitious plans set out by the Kingdom of Saudi Arabia for the deployment of renewable energy are strongly aligned with the hopes and ambitions of the country’s young people, according to global research commissioned by Masdar, Abu Dhabi’s renewable energy company.
Published on: 02 JAN 2017
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Competition to design sustainable mobility solutions serving Masdar City launched at ADSW 2017
Masdar, Abu Dhabi’s renewable energy company, is inviting selected industry specialists to develop the next phase of the driverless vehicle transit network serving Masdar City, Abu Dhabi’s flagship sustainable urban development.
Published on: 13 JAN 2017
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HH Sheikh Mohammed Bin Zayed Al Nahyan Honours 2017 Winners of Zayed Future Energy Prize
His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, presented the Zayed Future Energy Prize to nine winners during the 2017 awards ceremony in Abu Dhabi today, in the presence of six heads of state.
Published on: 15 JAN 2017
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UAE launches US$50 million renewable energy fund for the Caribbean
The United Arab Emirates (UAE) today announced a landmark new US$50 million grant fund for renewable energy projects in Caribbean island countries. Launched by HE Reem Al Hashimy, Minister of State for International Cooperation, the UAE-Caribbean Renewable Energy Fund represents one of the largest-ever single investments in the region's clean energy sector, as well as a significant deepening of bilateral relationships between the UAE and Caribbean countries.
Published on: 16 JAN 2017
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PT Pembangkitan Jawa-Bali and Masdar sign PDA for 200MW floating solar PV Plant
Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of the state electricity company Perusahaan Listrik Negara (PLN), and Masdar, Abu Dhabi Future Energy Company, signed today a project development agreement (PDA) for the world’s largest floating solar photovoltaic (PV) power plant.
Published on: 27 NOV 2017
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Masdar concludes Power Purchasing Agreement to build Jordan’s largest solar power plant
Masdar, Abu Dhabi’s renewable energy company, has completed a key step in the development of the largest solar power plant in the Hashemite Kingdom of Jordan. The Power Purchasing Agreement (PPA) for a 200-megawatt (MW) photovoltaic (PV) plant was signed today by Mohamed Al Ramahi, Chief Executive Officer of Masdar, and Abdul Fattah Daradkeh, Chief Executive Officer of National Electric Power Company, Jordan’s state electricity provider, at a ceremony in Amman attended by His Excellency Dr Hani Al Mulqi, Prime Minister of Jordan.
Published on: 23 OCT 2016
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Masdar and Bee’ah reach financial close on UAE’s first waste-to-energy facility
Masdar (Abu Dhabi Future Energy Company) and leading environmental management company Bee’ah have completed the financing of a US$220 million waste-to-energy (WTE) plant in Sharjah, the UAE’s first.
Published on: 22 OCT 2018
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Masdar City Launches Autonomous Vehicle Service
Masdar City, Abu Dhabi’s flagship sustainable urban development, has embarked on the next phase of its sustainable mobility network with today’s formal unveiling of its first NAVYA autonomous vehicle.
Published on: 22 OCT 2018
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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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IFC appointed to oversee funding of Jordan’s largest solar power project
Masdar, Abu Dhabi’s renewable energy company, has selected International Finance Corporation (IFC), a member of the World Bank Group, to oversee the funding of the largest solar power plant in the Hashemite Kingdom of Jordan, a 200-megawatt (MW) photovoltaic facility being developed by the wholly owned Masdar subsidiary Baynouna Solar Energy Company (BSEC).
Published on: 17 JAN 2017
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Masdar Announces Fifth Annual ‘Engage’ Social Media Contest Winner
Masdar, Abu Dhabi’s renewable energy company, has announced the winner of its fifth annual Engage Social Media Contest. This year’s contest received 130 entries, a record level of participation in the five years of this competition, with submissions coming from 45 nations across six continents. For the first time, the contest welcomed submissions in formats other than blogging posts, which led to entries that included videos, slideshows and Tumblr updates.
Published on: 11 JAN 2017
