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Hope Probe makes first contact on mission to Mars
The UAE’s Hope Probe, the first Arab interplanetary mission to Mars, has successfully sent its first transmission from space, according to the UAE Space Agency and Mohammed bin Rashid Space Centre.
Published on: 20 JUL 2020
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Innovation Month 2021: How Masdar City is supporting the UAE as a power hub of innovation
Masdar City, Abu Dhabi’s flagship sustainable urban development, is today home to more than 900 organizations – ranging from international giants to home-grown start-ups – that are developing innovative technologies in the areas of energy, space and artificial intelligence to address the world's most critical sustainability challenges.
Published on: 24 FEB 2021
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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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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.
Published on: 17 DEC 2020
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Abu Dhabi Sustainability Week returns in January 2022 to advance global sustainability agenda
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, will be held from January 15 to 19, 2022.
Published on: 12 DEC 2021
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Masdar supports MEA Energy Week to advance energy transformation agenda
Masdar is a key partner for Siemens Energy’s MEA Energy Week virtual conference, designed to drive forward the sustainability and decarbonization agenda at a defining moment in the energy industry.
Published on: 07 OCT 2020
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Youth 4 Sustainability workshop explores the power of Artificial Intelligence
Artificial Intelligence will provide job opportunities and help people rather than compete with them, participants of a Youth 4 Sustainability (Y4S) workshop heard last week. The workshop, hosted by Y4S, one of Masdar’s strategic initiatives, explored the concept of Artificial Intelligence (AI), how the UAE is applying the technology and applications of AI in future employment.
Published on: 20 SEP 2020
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Nature not rebounding quickly enough in COVID-19 pandemic, says HE Razan Khalifa Al Mubarak
While global measures to combat the COVID-19 pandemic have temporarily reduced air pollution and greenhouse gas emissions, they have also hampered efforts to prevent biodiversity loss, Her Excellency Razan Khalifa Al Mubarak said at a virtual event today. Recovery plans must not only facilitate an economic rebound, they must also deliver a biodiversity stimulus, she told employees at Masdar.
Published on: 09 JUL 2020
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Partnerships can help sovereign funds operate as climate-aligned investors
Sovereign wealth funds can leverage partnerships to help them bridge “capability gaps” and operate more effectively as climate-aligned investors, according to a new report from the Organisation for Economic Cooperation and Development (OECD) Development Centre. The report cites Mubadala Investment Company’s Masdar as an example of a company that has made partnerships a “core component” of its investment strategy.
Published on: 22 JUL 2020
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Reimagined Abu Dhabi Sustainability Week concludes with global commitment to deliver green recovery in 2021
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, concluded on Thursday with a resounding global commitment to deliver a green recovery in 2021. From January 18 to 21, ADSW took place in a reimagined virtual setting and attracted more than 100,000 views across its online platforms from 175 countries, reiterating its importance as the annual global sustainability event that sets the agenda for the year.
Published on: 26 JAN 2021
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Renewable energy stocks outperforming fossil fuel peers during COVID-19 crisis
Renewable power stocks have outperformed fossil fuels peers both over the past 10 years and during the COVID-19 crisis, according to a new report published by Imperial College Business School in the UK.
Published on: 01 JUN 2020
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10 things you didn’t know about Masdar City
Anyone can visit Masdar City: That’s right. If you want to discover more about how a sustainable urban community looks and works, visit Masdar City and explore its different elements. Don’t forget to download the Masdar City mobile app for a self-guided tour at your convenience.
Published on: 30 MAR 2021
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2020 marks start of ‘decade of action’ UAE and international policymakers declare ahead of ADSW 2020
2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared today ahead of Abu Dhabi Sustainability Week (ADSW).
Published on: 06 JAN 2020
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Fifth annual WiSER Forum highlights digitalization’s role in female empowerment
Masdar, one of the world’s leading renewable energy companies, hosted its fifth annual Women in Sustainability, Environment and Renewable Energy (WiSER) Forum on Tuesday January 14 at Abu Dhabi Sustainability Week (ADSW) 2020.
Published on: 14 JAN 2020
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Solar and wind account for 67% of New Power Capacity Added Worldwide in 2019: BNEF
Solar and wind power accounted for over two-thirds of the 265GW of new capacity installed worldwide in 2019, up from less than a quarter of new build in 2010, according to data from BloombergNEF. Photovoltaics (PV) topped all other technologies in new-build terms, with a record 118 gigawatts constructed, and was the most popular technology deployed in a third of nations, the research company said.
Published on: 16 SEP 2020
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The Festival to take place in Masdar City’s new Central Park
An expanded edition of The Festival will be held in Masdar City, bringing to a close Abu Dhabi Sustainability Week 2020 – the region’s largest event dedicated to sustainability.
Published on: 16 JAN 2020
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UAE and partners to build resilient green power system for hurricane-ravaged Barbuda
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has announced a partnership with the Government of Antigua and Barbuda’s Ministry of Public Utilities, Civil Aviation, Transport and Energy, the CARICOM Development Fund (CDF) and the New Zealand Ministry of Foreign Affairs and Trade (NZMFAT) to restore power to Barbuda following the near-total destruction of the island after Hurricane Irma struck in September 2017.
Published on: 19 SEP 2019
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UAE announces new development and funding 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.
Published on: 16 JAN 2020
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UAE-CREF solar PV project in the Bahamas wins award
The Bahamas’ first utility-scale solar photovoltaic (PV) plant, which was developed by Masdar in partnership with the Ministry of Foreign Affairs and International Cooperation and Abu Dhabi Fund for Development, has won a prestigious award in the United States.
Published on: 14 NOV 2019