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Masdar to pursue renewable energy opportunities in the Republic of Armenia
Abu Dhabi Future Energy Company (‘Masdar’) is pursuing renewable energy opportunities in the Republic of Armenia, a country with considerable potential for solar and wind energy development.
Published on: 12 JUL 2019
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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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Zayed Sustainability Prize 2020 submissions up 13 per cent
Following its 11th annual awards ceremony, held in January, the Zayed Sustainability Prize, the UAE's pioneering global award in sustainability, entered a four-month submissions phase for the 2020 awards, which closed on 30th May with a record 2,373 completed submissions; a 13 per cent increase over the previous year.
Published on: 26 JUN 2019
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Solar power – a primer
The energy that the Earth receives from the Sun in just one hour is equal to the total amount of energy consumed by humans in one year. Part of this energy can be converted into electricity by photovoltaic systems. The basic unit of these systems is the light-absorbing solar cell, also called a photovoltaic (PV) cell. Conventional solar cells contain a rigid semiconductor wafer made of crystalline silicon as the PV material, although other PV materials are now in use as well.
Published on: 26 JUN 2019
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Construction of GCC’s first utility-scale wind energy project on track
Muscat, Oman, February 7, 2019: A senior delegation of government and business dignitaries has witnessed first-hand the steady progress being made in the development of the 50-megawatt (MW) Dhofar Wind Farm, the GCC’s first utility-scale wind farm.
Published on: 10 FEB 2019
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Pay-as-you-go model brings affordable energy to rural areas
Pay-as-you-go (PAYG) energy is a prepayment system that allows the user to pay upfront for a set amount of power, avoiding complexity with billing afterwards. While available in countries in the developed world, such as the UK, its main value is electrification of rural regions.
Published on: 06 MAR 2019
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Changing lives with the power of the sun
Through Masdar, the UAE has successfully launched the first of three solar projects under the US$50 million Caribbean Renewable Energy Fund It is 1974 and diesel-powered electricity has finally arrived on Union Island, a picturesque remote island about an hour’s flight on a small twin-engine plane from Saint Vincent, the capital city of St Vincent and the Grenadines in the Caribbean.
Published on: 12 MAY 2019
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Signature of an agreement to develop the largest solar plant to date in Sharjah
In an important step on the Emirate of Sharjah’s road to renewable energy, Sharjah National Oil Corporation (SNOC), the oil & gas industry executive arm of the Emirate, working under the auspices of the Petroleum Council of Sharjah, and Emerge, the joint venture between Masdar and EDF Group, have concluded a Solar Power Agreement, during ADIPEC’s business conferences.
Published on: 05 OCT 2023
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On behalf of the UAE President Khaled bin Mohamed bin Zayed inaugurates UAE Wind Program
On behalf of the UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has inaugurated the UAE Wind Program during a ceremony on Sir Bani Yas Island. The clean energy project builds on the leadership’s efforts to develop alternative energy sources, which began with the establishment of the region’s first wind power station on Sir Bani Yas Island in 2004.
Published on: 05 OCT 2023
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WiSER Wisdom Series highlights role of women entrepreneurs in green economy
Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s outreach platforms, and the Arab International Women’s Forum (AIWF) hosted their first joint webinar event, with a session dedicated to ‘Women Entrepreneurs in the Green Economy.’
Published on: 02 MAY 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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Masdar to participate in UAE delegation to COP26
Masdar is participating in the COP26 climate change conference, starting next week in the UK, as part of the UAE’s delegation. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, is heading Masdar’s team at the event, which aims to kick off a ‘decade of action’ on climate change.
Published on: 28 OCT 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 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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Masdar City’s innovate initiative to host 20 global organizations working on climate critical innovations at Abu Dhabi Sustainability Week 2022
Masdar City’s global initiative, Innovate, will host an exhibition showcasing groundbreaking technologies from 20 international startups and small and mid-size enterprises (SMEs), focusing on the areas of urban mobility, clean energy, agritech, food security, and artificial intelligence, at Abu Dhabi Sustainability Week (ADSW) 2022.
Published on: 14 JAN 2022
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Masdar Green REIT signs green financing commitment with First Abu Dhabi Bank for growth of its portfolio
Masdar City, Masdar’s pioneering sustainable urban development in Abu Dhabi, through its Masdar Green Real Estate Investment Trust (REIT), has signed a financing commitment in the amount of USD$200,000,000, with First Abu Dhabi Bank (FAB) relating to financing of the REIT portfolio to facilitate further acquisitions and portfolio growth. FAB will act as sole mandated lead arranger and bookrunner, green loan coordinator, agent, security agent and account bank for this transaction.
Published on: 19 JAN 2022
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Abu Dhabi Sustainability Week 2022 delivers global commitment to accelerate climate action as countdown to COP27 & COP28 begins
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development hosted by Masdar, has successfully concluded with a resounding commitment to accelerate climate action and net-zero efforts.
Published on: 24 JAN 2022
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Masdar-led joint venture completes financing to develop Jordan’s largest solar power project
Masdar, Abu Dhabi Future Energy Company, announced at Abu Dhabi Sustainability Week that the financing of the largest solar power plant in the Hashemite Kingdom of Jordan has been completed.
Published on: 16 JAN 2018
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Masdar acquires stake in Montenegro’s first wind farm
Masdar, Abu Dhabi Future Energy Company, today signed a share purchase agreement (SPA) with Akuo Energy, the leading French IPP in renewable energy, to enter into the Krnovo Wind Farm, Montenegro’s first wind energy project.
Published on: 14 JAN 2018
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Mohammed bin Rashid attends Abu Dhabi Sustainability Week opening ceremony at Expo 2020 Dubai
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today attended the opening ceremony of Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainability hosted by Masdar – Abu Dhabi Future Energy Company.
Published on: 17 JAN 2022
