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Masdar to Develop 15MW Solar Plant in Mauritania
“Mauritania has some of the highest levels of solar radiation in the world, making it an ideal place for solar power installations,” said Mauritania’s Minister of Petroleum, Energy and Mines H.E. Taleb Ould Abdivall. “We are pleased to be working with such esteemed partners on this important project and remain committed to harnessing our abundant renewable energy resources. Masdar has gained tremendous experience in the renewable energy sector through its projects worldwide and we look forward to future opportunities for cooperation,” H.E. Abdivall added.
Published on: 22 OCT 2012
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Successful Abu Dhabi Ascent Concludes with Call on Action from Ban Ki-moon
UN Secretary General, Ban Ki-moon, officially closed climate change discussions in Abu Dhabi yesterday (Monday) with a rallying cry to governments and business to take meaningful action to mitigate the impact of climate change. Hailing the Abu Dhabi Ascent as a success, he said the meeting was a critical step forward on the way to forging a consensus on how to tackle climate change.
Published on: 05 MAY 2014
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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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Masdar Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals
Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
Published on: 10 OCT 2018
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Masdar and Korea Energy Agency to explore renewable energy collaboration and investment
Masdar announced the signing of a memorandum of understanding (MoU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between the Republic of Korea and the United Arab Emirates (UAE).
Published on: 26 MAR 2018
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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 Awards Contracts for Advanced Energy-Efficient Desalination Pilot Project
Abu Dhabi, UAE – 5 May, 2014: Masdar today awardedfour companies – Abengoa, Degrémont, Sidem/Veolia and Trevi Systems – withcontracts to each start the construction of a desalination plant as part ofMasdar’s pilot project in Abu Dhabi. First announced in January 2013, theproject aims to develop and demonstrate energy-efficient seawater desalinationtechnologies efficient enough to be powered by renewable energy. The newtechnologies are expected to allow the implementation of cost-competitivelarge-scale seawater desalination plants powered by renewable energy in the UAEand abroad.
Published on: 04 MAY 2014
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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 concludes Power Purchasing Agreement to build Jordan’s largest solar power plant
Masdar, Abu Dhabi’s renewable energy company, has completed a key step in the development of the largest solar power plant in the Hashemite Kingdom of Jordan. The Power Purchasing Agreement (PPA) for a 200-megawatt (MW) photovoltaic (PV) plant was signed today by Mohamed Al Ramahi, Chief Executive Officer of Masdar, and Abdul Fattah Daradkeh, Chief Executive Officer of National Electric Power Company, Jordan’s state electricity provider, at a ceremony in Amman attended by His Excellency Dr Hani Al Mulqi, Prime Minister of Jordan.
Published on: 23 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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Pledges made to make a difference at Women’s Economic Empowerment Global Summit
Abu Dhabi Future Energy Company (Masdar), the Zayed Future Energy Prize (ZFEP), Abu Dhabi Sustainability Week (ADSW) and the Women in Sustainability, Environment and Renewable Energy (WiSER) initiative have pledged to support the advancement of women as drivers of sustainable economic growth.
Published on: 06 DEC 2017
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Autonomous vehicle specialist NAVYA to realise expansion of Masdar City sustainable mobility networ
Following the results of a global industry competition launched at Abu Dhabi Sustainability Week last year, Masdar, Abu Dhabi Future Energy Company, has selected autonomous vehicle producer NAVYA as the most technically and commercially qualified contestant for the next phase of the mobility network of Masdar City.
Published on: 15 JAN 2018
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Masdar and Al Hussein Technical University to advance research and development of energy and sustainability
Masdar, Abu Dhabi Future Energy Company, has entered into a collaborative research agreement with Al Hussein Technical University (HTU) of Jordan, a leading applied engineering, teaching and research institution, to help build human capital and advance the development of sustainable technologies in Jordan’s critical economic sectors.
Published on: 16 JAN 2018
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Masdar and Bee’ah to build 300,000 tonne waste-to-energy plant in Sharjah
Masdar, Abu Dhabi’s renewable energy company, is to develop a cutting-edge waste-to-energy plant in Sharjah in partnership with Bee’ah, the Middle East’s leading and award-winning environmental management company, it was announced today at Abu Dhabi Sustainability Week 2017.
Published on: 18 JAN 2017
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Bee’ah and Masdar launch JV to develop region's first waste-to-energy plant
Bee’ah, the country’s leading environmental management company, and Masdar, Abu Dhabi’s renewable energy company, have formally established the joint venture Emirates Waste to Energy Company (EWEC) to develop waste-to-energy plants across the region, it was announced today.
Published on: 27 MAY 2017
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Masdar and BMS sign agreement to pursue joint sustainability projects
Masdar, Abu Dhabi’s renewable energy company, and MDC Business Management Services (BMS) have signed a Memorandum of Understanding (MoU) to explore opportunities to deliver projects that improve the energy and water efficiency of buildings and facilities in the UAE.
Published on: 12 AUG 2017
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Sultanate of Oman prepares to build the first large-scale wind farm in the GCC region
Abu Dhabi’s renewable energy company, Masdar, today signed an Engineering, Procurement & Construction (EPC) contract with a global consortium comprising GE and Spain’s TSK to build the Dhofar Wind Power Project, the first large-scale wind farm in Oman and the GCC.
Published on: 18 AUG 2017
