Latest News - Partnership

Masdar and Emirates Steel Arkan to develop MENA region’s first green hydrogen-based project to decarbonize the UAE’s hard-to-abate steel sector

Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, has partnered with Emirates Steel Arkan, (ADX: EMSTEEL), one of the largest publicly traded steel and building materials manufacturers in the region, to develop an innovative green hydrogen project to decarbonize the hard-to-abate steel sector in the UAE.

22 NOV 2023

President of Indonesia Inaugurates Southeast Asia’s Largest Floating Solar Plant

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Indonesia’s state-owned utility company, PLN have inaugurated the 145 megawatt (MWac) (192MWp). Cirata floating solar plant in Indonesia, the largest in the Southeast Asia region.

09 NOV 2023

ACWA Power, Masdar and SOCAR team up for 500MW renewable energy projects in Azerbaijan

Two of the largest independent power producers in the region and an integrated national oil and gas company of the Republic of Azerbaijan will jointly develop renewable energy projects in Nakhchivan to expedite decarbonization goals.

08 NOV 2023

Masdar, EDF Renewables and Nesma Renewable Energy Win Bid for 1,100MW Solar IPP Project in Saudi Arabia

Abu Dhabi Future Energy Company PJSC – Masdar, EDF Renewables and Nesma Company have signed a Power Purchase Agreement (PPA) with the Saudi Power Procurement Company (SPPC) to develop the 1,100 MW Al Henakiyah solar power plant. Once operational, it is expected that the project will power more than 190 thousand homes per year and displace more than 1.8 million tonnes of carbon dioxide annually.

07 NOV 2023

Iberdrola and Masdar close their 1.6 billion euros alliance to develop offshore wind in the Baltic Sea

Iberdrola has signed a strategic agreement with Masdar, a major renewable energy group based in Abu Dhabi, to co-invest in the 476 MW Baltic Eagle offshore wind farm, located in the German Baltic Sea.

02 NOV 2023
Clean Energy

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.

17 OCT 2023

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.

09 OCT 2023

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.

05 OCT 2023

Masdar and Boeing Join Forces to Accelerate the Sustainable Aviation Fuel Industry in the UAE and globally

Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s largest renewable energy companies and a global leader in green hydrogen, is teaming up with aerospace company Boeing to propel the sustainable aviation fuel (SAF) industry in the United Arab Emirates (UAE) and globally. The partnership aims to further support the commercial aviation industry’s goal of achieving net-zero emissions by 2050.

05 OCT 2023

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) signed four agreements with leading national entities to support the growth and prosperity of the private sector in the Emirate of Abu Dhabi

The agreements were signed as part of the Abu Dhabi Chamber’s participation as a supporting partner in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the world’s largest event in the energy and oil sector. ADIPEC is held at the Abu Dhabi National Exhibition Centre between 2-5 October, under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE.

04 OCT 2023
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