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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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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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Energy transition investment needs to double over next three years to deliver sustainable recovery: IRENA
Doubling global annual investment in the clean-energy transition over the next three years will support a sustainable recovery post-COVID-19 and create an additional 5.5 million jobs, the head of the International Renewable Energy Agency (IRENA) told Masdar employees at a company virtual event.
Published on: 24 SEP 2020
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Masdar acquires stake in Hero Future Energies of India
Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries.
Published on: 11 NOV 2019
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Masdar and EDF Renewables agree to partner in eight renewable energy projects in United States
Masdar has announced its second strategic investment in the United States (US) in a deal with EDF Renewables North America that will see it acquire a 50 percent stake in a 1.6-gigawatt (GW) clean-energy portfolio.
Published on: 13 AUG 2020
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Masdar and HSBC launch exclusive virtual boardroom series at ADSW 2021
Masdar and HSBC have launched an exclusive four-part virtual boardroom series for executives leading urban developments in Latin America (LATAM), Middle East, North Africa and Turkey (MENAT), Asia-Pacific ASP and North America. The first session of the invite-only series took place during Abu Dhabi Sustainability Week 2021, the global platform for accelerating sustainable development, hosted by Masdar.
Published on: 23 JAN 2021
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Masdar and Infinity Energy establish joint venture Infinity Power
Masdar, one of the world’s leading renewable energy companies, and Infinity Energy, Egypt’s leading renewable energy developer, have agreed to establish a joint venture company, Infinity Power, to develop utility-scale and distributed solar energy and wind power projects in Egypt and Africa.
Published on: 15 JAN 2020
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Masdar and PLN enter partnership to develop first floating solar power plant in Indonesia
Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country.
Published on: 15 JAN 2020
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Renewables Account for 72% of Global Power Expansion in 2019: IRENA
Renewable power accounted for almost three quarters, 72 per cent, of global power expansion last year, according to data from the International Renewable Energy Agency (IRENA). Solar and wind contributed 90 per cent of the renewable capacity added in 2019.
Published on: 07 APR 2020
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Renewables “most resilient” energy source during COVID-19 crisis, says IEA
Renewable energy will be the only energy source to see increased demand in 2020 as the COVID-19 pandemic represents the biggest shock to the global energy system since the Second World War, according to the International Energy Agency (IEA).
Published on: 20 MAY 2020
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Renewables still competitive regardless of fossil fuel pricing, says Masdar Executive Director
Renewable energy can still present a “valid case” even at current oil and natural gas price levels, and can help support a post-COVID-19 recovery, Yousif Al Ali, Executive Director, Masdar Clean Energy, told Gulf Intelligence.
Published on: 07 JUL 2020
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Tenth Masdar Live explores the power of innovation
The use of cutting-edge innovation and strong partnerships have together enabled our fight against the COVID-19 pandemic, Peng Xiao, CEO of G42 told Masdar employees during a virtual event.
Published on: 19 NOV 2020
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Yousif Al Ali highlights resilience and potential of renewables
Rapidly decreasing costs, competitive technology and round the clock availability of renewable energy is establishing it as a strong contender despite the challenges of COVID-19, Yousif Al Ali, Executive Director, Clean Energy told REGlobal.
Published on: 14 OCT 2020
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Yousif Al Ali stresses importance of clean energy around the world
Renewable energy is increasingly providing electricity around the clock thanks to battery storage solutions, Yousif Al Ali, Executive Director of Clean Energy at Masdar told FinTech TV.
Published on: 27 SEP 2020
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Youth for Sustainability actively contributes to preparing the next generation
Masdar’s Youth 4 Sustainability (Y4S) Virtual Forum concluded following a successful three-day dialogue at Abu Dhabi Sustainability Week 2021, which included inspirational discussion and keynotes by government leaders, industry experts, young innovators and social entrepreneurs. The Forum wrapped up with the Ecothon PitchDay competition for Y4S participants, which focused on innovation in sustainability.
Published on: 25 JAN 2021
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Renewables delivering increasingly cheaper power than coal, IRENA report shows
Renewable power is proving an increasingly cheaper option to fossil fuels, with more than half of renewable capacity added last year achieving lower power costs than the cheapest new coal plants, according to a report released this week by the International Renewable Energy Agency (IRENA).
Published on: 03 JUN 2020
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Effective policymaking and government support will boost US renewables market, says Masdar CEO
Policymakers at federal and state level can boost the US renewables market by creating opportunities for investors, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said at a virtual event this month.
Published on: 22 NOV 2020
