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Masdar joint venture reaches financial close and starts construction on Indonesia’s first utility-scale floating solar power plant
Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, announced today that financial close has been achieved on the Cirata Floating Photovoltaic Power Plant project and construction work has begun.
Published on: 03 AUG 2021
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Masdar City attracts global and regional innovation giants amid focus on global green recovery from COVID-19
Masdar City, the sustainable urban development in the UAE’s capital, Abu Dhabi, is set to play a key role in the global green recovery from COVID-19 as it continues to add sustainability-focused innovation and technology companies. The number of companies in the City’s free zone increased 26 percent in 2020, indicating the important role of the City and its offerings to innovation-led companies, including G42 Healthcare, whose laboratories and testing centers were central to the UAE’s pandemic response.
Published on: 16 JUN 2021
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Masdar wins tender for 200 MW solar power project in Armenia
The Government of Armenia has officially selected Masdar, one of the world’s leading renewable energy companies, as the winning bidder for the tender for a utility-scale solar project.
Published on: 06 JUL 2021
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The WiSER Pioneers panel at Middle East Energy explores the role of young women in the energy sector
The importance of providing support to attract more young women into the energy sector was highlighted during a webinar hosted by Masdar’s outreach platform, WiSER (Women in Sustainability, Environment and Renewable Energy), at the Middle East Energy conference in Dubai.
Published on: 22 JUN 2021
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Masdar signs strategic agreement to develop solar projects in Republic of Iraq
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, announced that it signed a strategic agreement with the Republic of Iraq to develop solar photovoltaic (PV) projects in the country with a minimum total capacity of two gigawatts (GW).
Published on: 25 JUN 2021
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Natural Beauty: UAE startup, De L’Arta, brings sustainable skincare to consumer doors
De L’Arta, the Middle East’s first sustainable skincare brand and homegrown UAE startup, has announced the launch of their dedicated online skincare store. Beauty gurus and skincare enthusiasts across the Emirates can now order the [Tq] by De L’Arta product range directly from https://delarta.com/, with delivery in the UAE within three working days.
Published on: 22 JUN 2021
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Abu Dhabi Airports and Masdar complete development of largest solar-powered car park in Abu Dhabi at Abu Dhabi International Airport
Abu Dhabi Airports, the owner and operator of the emirate’s five airports, and Masdar, one of the world’s leading renewable energy companies, have announced the completion of Abu Dhabi’s largest solar-powered car park.
Published on: 01 JUN 2021
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Masdar Signs MoU with Malaysia to Develop Up to 10GW of Renewable Energy Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to invest US$8 billion for up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership that will significantly contribute to Malaysia's sustainable energy transformation.
Published on: 09 OCT 2023
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US$50m UAE-Caribbean Renewable Energy Fund awards EPC contract to build resilient clean-energy project in Dominica
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), has announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project in Dominica.
Published on: 27 MAY 2021
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Beyond2020 Installs Lighting Solutions at the World’s Largest Refugee Camp in Bangladesh
Beyond2020, the UAE-driven humanitarian initiative has announced the deployment of critical solar energy lighting solutions at Kutupalong Rohingya refugee camp in Cox’s Bazar, Bangladesh, lighting up the lives of 4,500 residents. The deployment in Bangladesh, which aims to enhance security and create better conditions for social and community activities after dark, marks the second phase of ‘20by2020’, which recently rebranded to ‘Beyond2020’ to serve as a flagship platform for continuous global outreach.
Published on: 04 MAY 2021
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Global renewable capacity expansion soars 50
Global renewable energy capacity additions reached a record level last year, exceeding expansion in 2019 by almost 50 percent, according to date from the International Renewable Energy Agency (IRENA). Worldwide, more than 260 gigawatts of renewable capacity was added last, accounting for more than 80 percent of all electricity expansion, the agency’s annual Renewable Capacity Statistics 2021 report shows.
Published on: 29 APR 2021
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Supporting Southeast Asia’s Clean Energy Transition
“At Masdar, we are invested in the clean energy future of communities around the whole world. I’m proud to work for a company that makes impactful contributions toward climate action. At the end of the day, climate change affects every single one of us and a borderless crisis requires collective action.”
Published on: 23 MAY 2021
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Fueling a sustainable future with hydrogen energy
Hydrogen (H) is the most abundant element in the universe, and the simplest and lightest. The energy industry has been seeking to tap it as source of power since at least 1842 when Welsh scientist William Robert Grove developed the first fuel cell, combining hydrogen and oxygen to produce electricity.
Published on: 23 MAY 2021
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Masdar signs 1GW Clean Energy Agreement in Azerbaijan following Presidential Inauguration of Garadagh Solar Park, Largest in the Region
Masdar signs 1GW Clean Energy Agreement in Azerbaijan following Presidential Inauguration of Garadagh Solar Park, Largest in the Region
Published on: 26 OCT 2023
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Miral and Emerge to Develop Solar Project on Yas Bay Waterfront
Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, has signed an agreement with Emerge, a joint venture between the UAE’s Masdar and France’s EDF, to develop a 524-kilowatt peak (kWp) solar photovoltaic (PV) project on Yas Bay Waterfront, Abu Dhabi’s vibrant day-to-night dining, entertainment and leisure destination located on Yas Island. The project is designed to offset 450 tonnes of CO2 emissions per year.
Published on: 17 OCT 2023
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Masdar makes first investment in Greece by developing solar plant with Taaleri Energia
Masdar, one of the world’s leading renewable energy companies, and Taaleri Energia, which invests in utility-scale wind and solar assets, have agreed to develop a 65-megawatt (MW) solar photovoltaic (PV) project in Greece. The project will be managed through the companies’ joint venture Masdar-Taaleri Generation (MTG).
Published on: 06 MAY 2021
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Interview with Linda Fitz-Alan, Registrar and Chief Executive - ADGM Courts
As global economies restart and calibrate in the wake of the COVID-19 pandemic, environmental, social and governance (ESG) aspects - and in particular diversity and inclusion, are coming under increased investor scrutiny.
Published on: 23 MAY 2021
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Carbon Intensive Industries Call for Financing to Support Decarbonization
Executives from ‘hard-to-abate’ industries have called for increased financing to support decarbonization efforts, following the release of a landmark report that outlines less than a third believe they have adequate budgets to do so, and over half have not yet set net-zero targets.
Published on: 27 FEB 2023
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Sharjah Waste to Energy plant achieves major milestones towards zero-waste, net-zero emissions in first year of operations
The Sharjah Waste to Energy plant, a first of its kind project in the Middle East, has achieved multiple landmark milestones since its inauguration a year ago. Tied to the Sharjah electrical grid, the plant has generated enough energy to power over 2,000 homes per year while offsetting 150,000 tons of CO2 emissions.
Published on: 10 MAY 2023
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Masdar on track to become one of world’s largest renewable energy companies
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has announced that it has nearly doubled its clean energy capacity and CO2 displacement in the space of two years, and is on track to fulfill its ambition of becoming one of the world’s largest renewable energy companies by 2030.
Published on: 18 MAY 2023
