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President of Uzbekistan inaugurates 500MW Zarafshan wind farm, largest in Central Asia
The President of the Republic of Uzbekistan, His Excellency Shavkat Mirziyoyev, has inaugurated the 500MW Zarafshan wind farm, the largest operating in Central Asia to date, developed by Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies.
Published on: 14 DEC 2024
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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.
Published on: 10 JUL 2024
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Youth 4 Sustainability Opens Applications for 2025. Global initiative Provides Training and Mentorship to Future Sustainability Leaders
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Masdar’s Youth 4 Sustainability (Y4S) has announced the opening of registration for its 2025 program.
Published on: 23 SEP 2024
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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.
Published on: 17 SEP 2024
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Masdar Accelerates U.S. Renewables Expansion Closes Acquisition of 50% Stake in Terra-Gen
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced the closing of its acquisition of a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen” or “the Company”), one of the largest independent renewable energy producers in the United States, from Energy Capital Partners (“ECP”).
Published on: 01 OCT 2024
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ADNOC, Masdar and Microsoft Release Powering Possible: AI and Energy for a Sustainable Future
Report highlights how AI is critical for accelerating the net-zero energy transformation by boosting efficiencies, decarbonizing existing systems, and expanding carbon-free energy sources Report draws on insights from over 400 thought leaders in technology, energy and finance, including Jensen Huang, CEO of NVIDIA, Larry Fink, CEO of BlackRock and Patrick Pouyanné, CEO of TotalEnergies Jointly authored report calls for energy sector to accelerate investment in AI to drive decarbonization while securely responding to growing global electricity demand
Published on: 31 OCT 2024
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Masdar Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and received all regulatory approvals. The deal, agreed at a price of 20 euros per share, valued TERNA ENERGY at an enterprise value of 3.2bn euros, representing the largest ever energy transaction on the Athens Stock Exchange, and one of the largest in the EU renewables industry.
Published on: 28 NOV 2024
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Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced that it has signed a definitive agreement to acquire a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen”), one of the largest independent renewable energy power producers in the United States, from Energy Capital Partners (“ECP”).
Published on: 19 MAR 2024
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Major Milestone Reached for 1GW Wind Farm in Kazakhstan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and its partners, have reached a significant milestone in the development of their 1GW windfarm in Kazakhstan, with the signing of the project’s Investment Agreement.
Published on: 12 NOV 2024
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Masdar signs Power Purchase Agreement for its 1GW Wind Farm in Kazakhstan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Power Purchase Agreement (PPA) with the Financial Settlement Centre for Renewable Energy Sources Support LLP for its 1GW wind farm in the Jambyl region of Kazakhstan.
Published on: 16 NOV 2024
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WiSER Pioneers tackle climate challenges in water-stressed Morocco
Women in Sustainability, Environment, and Renewable Energy (WiSER) - a global initiative established by the UAE’s two leading sustainability champions, Masdar and the Zayed Sustainability Prize - has successfully completed the latest instalment of its WiSER Cares program.
Published on: 19 JUN 2024
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UAE and Kazakhstan sign landmark agreements to develop 1GW of renewables capacity
The governments of the United Arab Emirates and the Republic of Kazakhstan today signed an agreement outlining a commitment to co-operation in the development of Kazakhstan’s renewables sector, including through the development of a large-scale wind power project with a 1GW capacity.
Published on: 02 DEC 2023
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Iberdrola and Masdar sign global alliance to co-invest up to €15 billion in offshore wind and green hydrogen projects in Germany, UK and the USA
Today (5th December) at COP28 in Dubai, global green energy giants Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in key markets including Germany, UK and the USA.
Published on: 05 DEC 2023
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Masdar and Hy24 Sign Strategic Framework Agreement to Explore Co-Development and Co-Investment Opportunities in International Large-scale Green Hydrogen Production Projects
Abu Dhabi Future Energy Company PJSC - Masdar, one of the world’s leading renewable energy companies, and Hy24, the world’s largest clean hydrogen pure-play investor, signed a strategic joint development and investment framework agreement to foster large-scale green hydrogen projects during the UN’s Climate Change Conference, COP28, in Dubai.
Published on: 14 DEC 2023
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Graphene: the building block for a sustainable future
Graphene is an extraordinary substance. A layer of carbon, just one atom thick, yet 200 times stronger than steel, transparent, flexible, highly conductive both thermally and electrically: it has the potential to revolutionize whole industries and our entire built environment. It was first isolated in 2004 to Nobel Prize-winning effect at the University of Manchester and now that potential is starting to bear commercial fruit.
Published on: 15 JUL 2021
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Masdar and PLN Advance Plans to Develop World's Largest Floating Solar Plant in Indonesia
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has signed agreements to collaborate with Indonesia’s state-owned utility company, PLN, to move ahead with major development plans for Southeast Asia’s largest floating solar power plant and explore green hydrogen opportunities.
Published on: 03 DEC 2023
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How’s it growing? Masdar City developed ‘smart garden’ teaches kids about homegrown food
This month, young visitors to Kidzania’s outlets at The Dubai Mall and Abu Dhabi’s Yas Mall, will learn how to easily grow healthy fruits and vegetables at home, through a unique interactive experience delivered by Masdar City-based start-up innovation, the HydroArtPod.
Published on: 12 JUL 2021
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Masdar City launches global initiative - Innovate - ahead of Abu Dhabi Sustainability Week 2022
Masdar City, Abu Dhabi’s only planned and approved R&D cluster and a leading hub for innovation, has launched ‘Innovate’, to identify and nurture the next generation of sustainable technologies. The global initiative will focus on the areas of urban mobility, clean energy, agritech and food security, water, energy storage, and artificial intelligence.
Published on: 16 NOV 2021
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ADNOC, bp and Masdar agree to expand UAE-UK new energy partnership
Abu Dhabi National Oil Company (ADNOC), bp and Masdar announced the signing of strategic framework agreements to expand upon the UAE and UK’s longstanding track record of bilateral partnership in sustainability, including the potential development of clean hydrogen hubs in both the UK and UAE at a scale of at least 2 gigawatts (GW).
Published on: 17 SEP 2021
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UAE announces Net Zero by 2050 strategic initiative
The United Arab Emirates has announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to achieve net-zero emissions by 2050, making the UAE the first Middle East and North Africa (MENA) nation to do so.
Published on: 18 OCT 2021