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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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Iberdrola and Masdar complete wind turbine installation at Baltic Eagle offshore wind farm
Turbine installation has been successfully completed at the 476 MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Com-pany – Masdar, the UAE’S clean energy powerhouse.
Published on: 16 OCT 2024
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Masdar to Acquire Saeta from Brookfield for $1.4 Billion
Abu Dhabi Future Energy Company PJSC - Masdar (“Masdar”), the UAE’s clean energy powerhouse, today announced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“Brookfield”), for an implied enterprise value of c. US$1.4 billion (€1.2 billion). Closing of the transaction is subject to customary approvals and is expected to occur around the end of 2024.
Published on: 24 SEP 2024
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UAE-France High-Level Business Council holds 2nd plenary meeting in Paris
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, and Patrick Pouyanné, Chairman and CEO of TotalEnergies, co-chaired, on Monday in Paris, the second plenary meeting of the UAE-France High-Level Business Council, in the presence of Bruno Le Maire, French Minister of Economy, Finance, and Industrial and Digital Sovereignty.
Published on: 19 FEB 2024
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Farmers in Senegal harvest benefits of Masdar wind farm
Farmers in Taiba N’Diaye, Senegal, are able to harvest crops during the dry season and sell produce at a revamped local market, thanks to Masdar.
Published on: 29 JAN 2024
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Masdar reaches close on financing for 476MW Baltic Eagle Offshore Wind Project
Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, has achieved close on the financing of its 49 percent shareholding in the 476MW Baltic Eagle wind farm, located in the Baltic Sea off the coast of Germany.
Published on: 15 MAR 2024
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Masdar and KESH Sign Agreement to Explore Renewable Energy Joint Venture in Albania
Abu Dhabi Future Energy Company PJSC (Masdar) and Korporata Elektroenergjitike Shqiptare (KESH) – Albania Power Corporation - have signed a joint venture term sheet agreement to explore the development of gigawatt-scale renewable projects in Albania.
Published on: 13 NOV 2024
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Masdar Signs Agreement to Develop 1GW Mingbulak Wind Farm in Uzbekistan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and the Ministry of Energy Uzbekistan have signed an agreement to develop a 1-gigawatt (GW) wind farm in the Mingbulak region of the country.
Published on: 13 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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Masdar, Sarawak Energy and Gentari to Assess Large-Scale Floating Solar Project in Malaysia
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Joint Study Agreement with Malaysia’s Sarawak Energy and clean energy solutions provider, Gentari, to assess the feasibility of a floating solar power plant at the reservoir of Murum Hydroelectric Plant in the state of Sarawak, Malaysia.
Published on: 06 NOV 2024
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President of Azerbaijan Breaks Ground on Masdar 1GW Solar and Wind Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse and SOCAR, the State Oil Company of Azerbaijan, have broken ground on three major solar and wind projects in Azerbaijan with a capacity of 1 gigawatt (GW).
Published on: 05 JUN 2024
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Former UK Prime Minister Rt Hon Boris Johnson and global adventurer Bertrand Piccard to headline Masdar’s Green Hydrogen Summit in Abu Dhabi
Masdar has announced a stellar international lineup for its Green Hydrogen Summit including former UK Prime Minister Rt Hon Boris Johnson, ministerial speakers from the UAE, Azerbaijan, Japan and the Netherlands, industry leaders and global adventurer Dr. Bertrand Piccard.
Published on: 14 APR 2024
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Masdar set for leading role at World Future Energy Summit
World Future Energy Summit is the world’s leading business event for future energy, clean technology and sustainability, with a packed program of events, activations, discussions and forums.
Published on: 03 APR 2024
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UAE President and King of Malaysia witness Major Step Forward in development of 10GW clean energy projects by Masdar and MIDA
In the presence of UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan and the King of Malaysia, His Majesty Al-Sultan Abdullah Sultan Ahmad Shah, Masdar exchanges implementation roadmap with MIDA to advance 10GW of clean energy projects in Malaysia.
Published on: 01 DEC 2023
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Masdar Expands European presence with Acquisition of 1GW Renewable Portfolio in Poland
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, today announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finnish-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios.
Published on: 04 DEC 2023
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Department of Energy, ADIO and Masdar to Support Low-Carbon Hydrogen Economy in Abu Dhabi
Abu Dhabi Department of Energy (DoE), the Abu Dhabi Investment Office (ADIO) and Abu Dhabi Future Energy Company PJSC – Masdar, have signed a trilateral agreement to accelerate the hydrogen economy in Abu Dhabi and position the UAE as a global leader for the production and export of low-carbon hydrogen.
Published on: 05 DEC 2023
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Youth 4 Sustainability Forum Empowers Youth Leadership in Climate Action
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Youth 4 Sustainability (Y4S) - the UAE’s premier youth empowerment platform on sustainability - hosted an insightful program of empowering discussions and speeches at the Y4S Forum at COP28.
Published on: 13 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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For Antarctica: How do you make solar panels in Antarctica a ground reality?
While it is the coldest place on earth, Antarctica is also the world’s largest desert, almost twice the size of the Sahara.
Published on: 15 JUL 2021
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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
