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Infinity Power Finalizes Acquisition of Lekela Power in Africa’s Biggest Renewable Energy Deal
Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, announced today it has completed the acquisition of the entire shareholding of Lekela Power. The transaction makes Infinity Power the largest renewable energy company on the African continent. Infinity’s key stakeholders include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD).
Published on: 20 MAR 2023
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Masdar’s inaugural Green Finance Framework published with highest rating
Masdar has published its inaugural Green Finance Framework (GFF) with a Sustainability Quality Score of SQS1 (Excellent) – the highest rating – from Moody’s Investors Service, its Second Party Opinion provider. This independent assessment is expected to make Masdar’s planned bond offering more attractive to debt capital market investors.
Published on: 03 MAR 2023
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Masdar ČIBUK 1 wind farm powers change in Serbian local communities
Masdar’s ČIBUK 1 wind farm is the largest utility-scale commercial wind project in Serbia and the Western Balkans, comprising of 158MW.
Published on: 13 APR 2023
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ADSW 2022’s World Future Energy Summit powered by clean energy from EWEC
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development hosted by Masdar, has today announced that the World Future Energy Summit, a key event at ADSW 2022, was powered by clean energy, thanks to a partnership with Emirates Water and Electricity Company (EWEC).
Published on: 26 JAN 2022
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Masdar accelerates green hydrogen ambitions after joining forces with UAE energy champions
Masdar is seeking to become one of the world’s leading players in the growing green hydrogen econpmy, one of the company’s executive directors told Energy Intelligence.
Published on: 09 JAN 2023
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Masdar Calls upon World Leaders to Pledge Support for Women Tackling Climate Change
Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform today launched a global campaign, I Am WiSER, to raise support for women at the forefront of efforts to tackle climate change and encourage world leaders to press forward with initiatives to build a more inclusive and sustainable future.
Published on: 31 OCT 2022
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Masdar and Emirates Steel Arkan to develop MENA region’s first green hydrogen-based project to decarbonize the UAE’s hard-to-abate steel sector
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has partnered with Emirates Steel Arkan, (ADX: EMSTEEL), one of the largest publicly traded steel and building materials manufacturers in the region, to develop an innovative green hydrogen project to decarbonize the hard-to-abate steel sector in the UAE.
Published on: 22 NOV 2023
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Carbon Capture, Usage & Storage Project Advanced at Emirates Steel’s Mussafah Facility
The two organisations have made sufficient progress on the commercial principles and have now commenced drafting Head of Terms (HoT) to govern future detailed delivery agreements.
Published on: 17 JAN 2012
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UAE’s renewable energy capacity projected to quadruple by end of 2025
Installed renewable energy capacity in the United Arab Emirates will increase fourfold by the end of 2025, reaching 9 gigawatts, according to a report from research company Rystad Energy.
Published on: 23 FEB 2021
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Masdar Campaigns for Workers’ Heat Stress Awareness
Participants at the program held at Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, included senior officials from Masdar City and Masdar’s strategic partner, Health Authority - Abu Dhabi (HAAD).
Published on: 27 JUN 2012
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Ban Ki-moon Launching UN’s International Year of Sustainable Energy for All at WFES
The Secretary-General’s return to Abu Dhabi underscores the importance he places on energy issues, most notably his new Sustainable Energy for All Initiative. The Secretary-General has set three objectives for his Initiative to be achieved by 2030: ensure universal access to modern energy services; double the rate of improvement in energy efficiency; and double the share of renewable energy in the global energy mix.
Published on: 11 JAN 2012
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Japanese Minister of Foreign Affairs Tours Masdar & Reaffirms Strong Relationship with Masdar
The Minister of Foreign Affairs was received by Dr. Sultan Ahmed Al Jaber, CEO of Masdar, who provided His Excellency with a comprehensive overview of the company’s progress in developing scalable and commercially viable renewable energy and clean technologies. In addition, his Excellency was updated on the progress of ongoing relationships between Masdar and Japanese companies.
Published on: 09 JAN 2012
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Masdar City and DANA Sign MoU to develop beta site for innovative agritech pilot projects and testing in the UAE
Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, and DANA, the Abu Dhabi-based venture builder and investment platform, have signed a memorandum of understanding (MoU) to advance food security at the national level, contribute to agritech sustainability, and support the UAE in meeting key objectives in line with the National Food Security Strategy 2051.
Published on: 07 JUN 2022
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Zayed Future Energy Prize Opens Submissions for 2013 Edition
The Prize will invite entries from companies, individuals, organizations and high schools prior to the deadline to submit – July 16, 2012, for a chance to win part of the US$4 million prize fund. The scope of the Prize has also been broadened to include five distinct categories: Large Corporations, Small and Medium Enterprises (SMEs), Non-Governmental Organizations (NGOs), Lifetime Achievement, and the newly instituted Global High School Prize.
Published on: 03 MAR 2012
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Masdar provides funding to keep Swainson’s hawks in Antelope Valley
Solar power is a wonderful resource as we transition to a world fuelled by clean energy but it requires responsible development to protect indigenous species that have lived and prospered undisturbed in an area for centuries.
Published on: 26 SEP 2023
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Masdar Institute to Showcase Main Research Thrust Areas at WFES 2014
Masdar Institute of Science and Technology an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, today announced it will highlight its main research thrust areas during the World Future Energy Summit (WFES) 2014.
Published on: 14 JAN 2014
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Forbes ranks Masdar in its inaugural list of 15 most sustainable companies in the region
Masdar has been named by Forbes Middle East in its inaugural list of the 15 most sustainable companies in the region. The list, which is ranked alphabetically, focuses on the “biggest companies that are making significant efforts to become more sustainable”.
Published on: 22 MAR 2020
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Masdar and ENGIE sign collaboration agreement with Fertiglobe to co-develop green hydrogen
Masdar, one of the world’s leading renewable energy companies, and ENGIE, a global player in low-carbon energy and services, have signed a collaboration agreement with Fertiglobe, the strategic partnership between OCI N.V. and the Abu Dhabi National Oil Company (ADNOC), and the world’s largest seaborne exporter of urea and merchant ammonia.
Published on: 19 JAN 2022
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Masdar Green REIT signs green financing commitment with First Abu Dhabi Bank for growth of its portfolio
Masdar City, Masdar’s pioneering sustainable urban development in Abu Dhabi, through its Masdar Green Real Estate Investment Trust (REIT), has signed a financing commitment in the amount of USD$200,000,000, with First Abu Dhabi Bank (FAB) relating to financing of the REIT portfolio to facilitate further acquisitions and portfolio growth. FAB will act as sole mandated lead arranger and bookrunner, green loan coordinator, agent, security agent and account bank for this transaction.
Published on: 19 JAN 2022
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Join Masdar’s Y4S platform for summer sustainability workshops for youth
Masdar’s Youth 4 Sustainability strategic initiative is participating in workshop programs led by the UAE’s Ministry of Education and Ministry of Culture and Youth and Abu Dhabi’s Department of Education and Knowledge.
Published on: 11 AUG 2020
