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Abu Dhabi Sustainability Week 2015 Kicks Off UAE’s ‘Year of Innovation’
Abu Dhabi Sustainability Week (ADSW) is the first major event of 2015 reinforcing the UAE’s ‘Year of Innovation’ – a federal initiative promoting innovation as a strategic pathway to strengthen the country’s economy and global competitiveness. The yearly platform, January 17-24, directly supports the federal innovation strategy by promoting technology and attracting investment in priority sectors, including renewable energy, transportation, water and education.
Published on: 11 JAN 2015
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UAE starts construction of projects under US$50 million Caribbean Renewable Energy Fund
Abu Dhabi, UAE, November 6, 2018: The first three renewable energy projects under the US$50 million United Arab Emirates-Caribbean Renewable Energy Fund (UAE-CREF) have broken ground in the Bahamas, Barbados and Saint Vincent & the Grenadines, the UAE Ministry of Foreign Affairs and International Cooperation (MOFAIC) announced today.
Published on: 05 NOV 2018
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UAE’s first waste-to-energy project receives landmark award for first-of-its-kind financing loan
Bee’ah, the Middle East’s sustainability pioneer, and Masdar, the Abu Dhabi Future Energy Company, were recognized as the winners of the Structured Loan Deal of the Year Award at the Bonds, Loans & Sukuk Middle East Awards for their financing of the UAE’s first waste-to-energy project. The award was presented during a ceremony held on the 6th of November 2018, as part of the prestigious Project, ECA & Structured Finance Conference conducted in Dubai.
Published on: 10 NOV 2018
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Dudgeon wind farm signs publicly rated landmark project refinancing of GBP1.4 billion
The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group have announced the signing of a hybrid refinancing that includes approximately GBP561 million of commercial bank debt and GBP706 million of senior secured notes privately placed with institutional investors, finally maturing in 2032. Both tranches have been oversubscribed, underpinning strong investor interest. The A- (EXP) rating by Fitch reflects efficient operations and robust asset performance.
Published on: 13 DEC 2018
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Ras Al Khaimah Municipality launches Model Villa Initiative as part of Masdar partnership
Ras Al Khaimah Municipality, in partnership with Masdar (Abu Dhabi Future Energy Company), has today launched its “Model Villa Initiative”, in an effort to promote energy efficiency and the building of more sustainable residential villas in the emirate.
Published on: 24 SEP 2018
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Masdar partners with UAE Office for Food Security
The UAE Office for Future Food Security and Masdar have announced a strategic partnership to enhance food security in the UAE. The collaboration aims to address future challenges by developing joint initiatives that enhance the country's capacity and competitiveness in critical sectors related to future food security.
Published on: 29 JUL 2018
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Financing commitments mark critical milestone in development of Bee’ah’s and Masdar’s Sharjah waste-to-energy facility
Abu Dhabi Future Energy Company, Masdar, and Bee’ah, the UAE’s leading environmental management company, have secured financing commitments for the Sharjah Multi-Fuel Waste-to-Energy Facility, the flagship project of Emirates Waste to Energy, a joint venture between the two companies launched in May 2017.
Published on: 17 JAN 2018
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Masdar City - A template for sustainable urban development
The development of Masdar City as a low-carbon solution to urban living reflects the significant investment the UAE is making in sustainable development, and its clear understanding of the valuable role cities play in driving global sustainability. By applying real-world solutions in energy and water efficiency, mobility and waste management, Masdar City offers practical solutions not blue-sky thinking.
Published on: 18 JUN 2019
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ADSW Set to Drive Business Opportunities as Investment in Renewables Reaches Record High
The 2017 edition of Abu Dhabi Sustainability Week (ADSW) is on track to be the most important in the event’s history for driving commercially focused action, said industry leaders at a press event.
Published on: 11 DEC 2016
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UAE launches US$50 million renewable energy fund for the Caribbean
The United Arab Emirates (UAE) today announced a landmark new US$50 million grant fund for renewable energy projects in Caribbean island countries. Launched by HE Reem Al Hashimy, Minister of State for International Cooperation, the UAE-Caribbean Renewable Energy Fund represents one of the largest-ever single investments in the region's clean energy sector, as well as a significant deepening of bilateral relationships between the UAE and Caribbean countries.
Published on: 16 JAN 2017
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Economic Cities Authority and Masdar to establish cooperation to advance Saudi Economic Cities
The Economic Cities Authority (ECA), Kingdom of Saudi Arabia (KSA), signed a memorandum of understanding (MoU) with Masdar, Abu Dhabi Future Energy Company, aiming to cooperate on projects and services to progress the Saudi Economic Cities initiative and in turn advance the strategic objectives of both parties.
Published on: 17 JAN 2018
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Masdar celebrates fifth anniversary of flagship Middle East solar energy project Shams 1
Shams Power Company, the developer, owner and operator of the UAE’s first large-scale solar power project, Shams 1, is celebrating five years of uninterrupted electricity generation at the plant this month.
Published on: 20 MAR 2018
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Masdar to join global leaders at the forefront of clean energy at 18th annual WETEX exhibition
Masdar, Abu Dhabi’s renewable energy company, is on track to achieve double-digit annual growth in its clean energy portfolio between now and 2020, in line with industry demand, with a pipeline of ambitious projects underway in both solar and wind.
Published on: 04 OCT 2016
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Masdar and Bee’ah reach financial close on UAE’s first waste-to-energy facility
Masdar (Abu Dhabi Future Energy Company) and leading environmental management company Bee’ah have completed the financing of a US$220 million waste-to-energy (WTE) plant in Sharjah, the UAE’s first.
Published on: 22 OCT 2018
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ADSW 2017 to convene first Advisory Council as renewable energy industry enters new phase of growth
Abu Dhabi, UAE, November 24, 2016: Abu Dhabi Sustainability Week (ADSW), the Middle East’s largest gathering on sustainability, will host an elite group of industry experts to advise on the event’s continued success in translating the global mandate for renewable energy and clean technologies into concerted policy and business action.
Published on: 23 NOV 2016
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IFC appointed to oversee funding of Jordan’s largest solar power project
Masdar, Abu Dhabi’s renewable energy company, has selected International Finance Corporation (IFC), a member of the World Bank Group, to oversee the funding of the largest solar power plant in the Hashemite Kingdom of Jordan, a 200-megawatt (MW) photovoltaic facility being developed by the wholly owned Masdar subsidiary Baynouna Solar Energy Company (BSEC).
Published on: 17 JAN 2017
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Masdar Reaffirms that Renewables are Here to Stay at New York Summit
“Despite low oil prices, the trend toward lower-cost renewable energy will continue in the Middle East and North Africa (MENA) region as business confidence grows in the sector’s potential and countries adopt increasingly favourable regulations,” said Bader Al Lamki, Executive Director of Masdar Clean Energy.
Published on: 05 APR 2016
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Masdar City Free Zone showcases impressive growth at Global Manufacturing Summit 2017
Masdar City, one of the world’s most sustainable urban developments, is showcasing its emergence as a clean-tech cluster at the Global Manufacturing and Industrialisation Summit 2017, taking place from March 27-30 at the Paris-Sorbonne University in Abu Dhabi.
Published on: 28 MAR 2017
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Masdar adopts advanced solar thermal technology
Masdar, Abu Dhabi’s renewable energy company, has started to test advanced solar thermal technology as part of its pilot project to develop energy efficient, cost competitive and commercially viable seawater desalination.
Published on: 20 MAY 2017
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Strong progress on construction of major new Masdar City development
Masdar City, one of the world’s most sustainable urban developments, is seeing strong progress on the construction of Masdar Institute Neighbourhood, a major mixed-use development of offices, residential, retail and public open space which is due for completion in 2020.
Published on: 14 JUN 2017
