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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 and IFC Agree to Explore Ways to Advance Climate Action in Emerging Markets
The collaboration framework was signed by Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar and Mohamed Gouled, Vice President of Industries at IFC, on the side-lines of the World Government Summit 2023, taking place in Dubai this week. HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Masdar Chairman, witnessed the signing, along with Makhtar Diop, Managing Director of IFC.
Published on: 14 FEB 2023
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Masdar solar plant brings light to communities in Belize
Children can study with ease and residents can walk safely at night in rural Belize, thanks to renewable electricity generated by a UAE-funded Masdar project.
Published on: 05 JUN 2023
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Masdar film shows London Array’s impact on British coastal community
Masdar’s London Array, one of the world’s largest wind farms, has been helping to power half a million British homes, create jobs, and cut carbon emissions.
Published on: 03 JAN 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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Shams celebrates 10 years of powering change
Named after the sun, the Shams solar power project has been a shining light in renewable energy in the Middle East since 2013 and Masdar’s first utility-scale solar project in the region is now celebrating its 10th anniversary this week.
Published on: 16 MAR 2023
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Masdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany
Masdar, the UAE’s flagship renewable energy company, has signed a strategic agreement with Iberdrola, a global clean energy leader, to co-invest in the 476-megawatt (MW) Baltic Eagle offshore wind farm in the German Baltic Sea. Iberdrola will retain a majority 51% stake in the asset, which will help to accelerate green energy security in Europe.
Published on: 26 JUL 2023
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TAQA, ADNOC, and Mubadala Complete Landmark Transaction for Stake in Masdar Clean Energy Powerhouse
New Masdar outlines ambitious growth plans to bolster position as a global leader in clean energy and green hydrogen
Published on: 08 DEC 2022
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Africa Primed to Become Global Green Hydrogen Leader, Landmark Masdar Report Finds
Africa could capture as much as 10 percent of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as US$120 billion to the continent’s gross domestic product (GDP), according to a landmark report issued jointly by Masdar and its Abu Dhabi Sustainability Week (ADSW) platform on the sidelines of the 2022 United Nations Climate Change Conference (COP27).
Published on: 11 NOV 2022
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Masdar Empowers Next Generation of Global Sustainability Leaders to Innovate Climate Solutions at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Youth 4 Sustainability (Y4S) initiative convened global industry leaders, regional policymakers, students and young professionals for a series of events to empower youth climate engagement and action on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 17 NOV 2022
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Masdar CEO named United Nations’ “Champion of the Earth”
Organized by United Nations Environment Programme (UNEP), the award seeks to honour individuals whose actions and leadership have made a far-reaching positive impact on the environment. The award is a precursor to the United Arab Emirates’ participation at the 20th anniversary of the United Nations Earth Summit in Rio de Janeiro in June, during which governments and civil society will review progress and renew their commitment to global sustainability.
Published on: 04 JUN 2012
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Masdar City and the UAE Space Agency Announce Exclusive Business Package for Start-Ups and SMEs at the UAE’s First Space Economic Zone
Abu Dhabi, United Arab Emirates, 21st September 2022: Masdar City, in partnership with the UAE Space Agency, has announced the introduction of a new business incubation and acceleration package for space related start-ups and small and medium enterprises (SMEs), joining the Space Economic Zone Program in Masdar City – Abu Dhabi.
Published on: 21 SEP 2022
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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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UAE announces new agreements under US$50m Caribbean Renewable Energy Fund
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and funding agreements for the Dominican Republic, Haiti, Guyana, Grenada, Saint Kitts and Nevis, Trinidad and Tobago, and Suriname.
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Zayed Future Energy Prize Announces Winners
His Highness said: “The Zayed Future Energy Prize has become a beacon of light, stimulating thinkers and creators while encouraging the world to accelerate innovation in renewable energy and sustainability. This Prize is a clear manifestation of the vision of the late founding father of the United Arab Emirates, Sheikh Zayed bin Sultan Al Nahyan - who placed a priority on investing in human capital and the preservation of our natural resources for generations to come.”
Published on: 16 JAN 2012
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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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Gender parity must start at school
The COVID-19 pandemic is deepening gender parity issues, and that could lead to bigger problems for countries trying to rebuild their economies in the wake of the crisis, writes Dr Lamya Nawaf Fawwaz, Executive Director for Brand & Strategic Initiatives at Masdar
Published on: 31 AUG 2020
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‘Green recovery’ to take center stage as ADSW Summit opens for registration
Registration is now open for the ADSW Summit, part of Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, which will take place virtually in January 2021.
Published on: 05 DEC 2020
