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· Agreement to develop over 2 GW of solar and wind and 500 MWh of battery storage across Uzbekistan · Project demonstrates Masdar’s commitment to supporting global net-zero ambitions and Uzbekistan’s goal of meeting 25 percent of its energy needs from renewables by 2030 Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, signed a joint development agreement (JDA)...
• Masdar’s clean energy capacity rose 33 percent to 20 GW in 2022, an 87 percent rise since 2020 • 10 million tonnes of CO2 were displaced in 2022, an 85 percent increase since 2020 • Masdar’s 2022 Sustainability Report highlights the launch of its Green Finance Framework, success of programs championing women and youth Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy c...
Copelouzos Group, through its subsidiary companies DAMCO ENERGY and ELICA MEDITERRANEAN INTERCONNECTION, and Infinity Power, a joint venture between Masdar (Abu Dhabi Future Energy Company) and Egypt’s Infinity, have signed a Memorandum of Understanding in order to access, on a non-exclusive basis, the possibility of jointly developing renewable energy projects that will provide GREGY electrical interconnection with a source of green energy...
● Use of sustainable aviation fuel estimated to reduce greenhouse gas emissions by up to 95 percent compared to existing jet fuel Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has signed an agreement with Airbus, the largest aeronautics and space company in Europe and a worldwide leader to support the development and growth of the global sustainable aviation fuel...
· Region’s first waste-to-energy plant has processed over 100,000 tonnes of waste and offset over 150,000 tonnes of CO2 emissions since start up · Plant is currently supplying enough energy to power over 2,000 homes per year · Sharjah has set a new Middle East record by achieving over 90 percent landfill waste diversion The Sharjah Waste to Energy plant, a first of its kind project in the Middle East, has achieve...
· MoU expected to generate knowledge that provides a global baseline for renewable energy · Signed on the sidelines of the first-of-its-kind UAE Climate Tech Forum · Collaboration between IRENA and Masdar will highlight global renewable energy targets for 2030 and outline challenges and recommendations for action ahead of COP28 Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean ...
● Global renewables developer Masdar commits to invest £1 billion in UK battery storage following its acquisition of London-based Arlington Energy ● Masdar to use Octopus Energy’s technology platform Kraken to flexibly manage batteries Global energy tech group Octopus Energy announced today it has signed a framework agreement with Masdar, one of the world’s leading clean energy companies, to license Octopus’ groundbreakin...
Masdar’s ČIBUK 1 wind farm is the largest utility-scale commercial wind project in Serbia and the Western Balkans, comprising of 158MW. Located 50KM west of the capital Belgrade, the wind farm provides clean energy to 113,000 homes and displaces more than 370,000 tonnes of carbon dioxide per year, in addition to providing vital support to nearby communities. Rade Roganovic, General Manager of ČIBUK 1 said: “From the first start of the...
• Masdar closes on acquisition of 50 percent stake of combined solar and battery project located in California • Companies have agreed to partner on portfolio of eight clean energy projects, including wind, solar and battery storage, with a combined capacity of 1.6 gigawatts Masdar, one of the world’s fastest-growing clean energy companies, has further expanded its presence in the United States’ renewables market afte...
• Construction to begin in first half of this year on Sherabad, Samarkand and Jizzakh Solar Projects, which have a combined capacity of around 900 megawatts – largest solar development program in Central Asia • Once fully operational, projects will generate enough electricity to power over 1 million homes, while displacing more than 1million tonnes of carbon dioxide annually Abu Dhabi Future Energy Company PJSC – Masd...
• MoU advances ADNOC Drilling’s plans to further expand its industry-leading offering and continuously develop new sources of revenue growth • Existing wells present opportunity to be retrofitted for renewable geothermal energy and leverage potential for greater efficiency and sustainability • MoU follows Masdar’s first entry into geothermal energy last month and reinforces ADNOC Drilling’s deep expertise in its s...
• Infinity Power has acquired 100% shareholding of Lekela Power, an Africa based wind power platform • Transaction makes Infinity Power Africa's largest pure play renewable power company • The combined operational portfolio of Infinity Power now stands at 1.3GW with a strong pipeline of 13.8 GW • Transaction delivers on Infinity Power’s COP27 promise of being fastest growing renewable energy company in Africa ...
Named after the sun, the Shams solar power project has been a shining light in renewable energy in the Middle East since 2013 and Masdar’s first utility-scale solar project in the region is now celebrating its 10th anniversary this week. When Shams was launched, it was the largest renewable energy project in the Middle East. Its success paved the way for other clean energy plants in the UAE and the region. The 100-megwatt plant produces en...
• Emerge, a joint venture between Masdar and EDF, developed the rooftop solar system, which will provide almost 40 percent of the theme park’s annual energy needs • Warner Bros. World™ Abu Dhabi is now the Gulf region’s largest solar-powered theme park Emerge, a joint venture between Masdar and EDF, and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, have inaugurated the 7-megawatt ...
• Agreement signed as part of wider Etihad 7 initiative, which has a goal of achieving 20 GW renewable energy capacity in Africa by 2035 • Development of 50-70-megawatt solar plant would support Ivorian goal of meeting 45 percent of energy mix from renewable sources by 2030 Abu Dhabi, United Arab Emirates; March 10, 2023: Masdar, one of the world’s leading clean energy companies, has signed an agreement with the Minist...
Renewable energy capacity needs to triple by the end of this decade if the world is to meet climate targets, Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate, and Chairman of Masdar, said in his keynote speech at CERAWeek in Houston, Texas. Speaking ahead of the COP28 climate conference in the UAE in November, Dr Al Jaber said that “this year, the world will evaluate exactly whe...
Masdar has published its inaugural Green Finance Framework (GFF) with a Sustainability Quality Score of SQS1 (Excellent) – the highest rating – from Moody’s Investors Service, its Second Party Opinion provider. This independent assessment is expected to make Masdar’s planned bond offering more attractive to debt capital market investors. The rating reflects best-in-class alignment with the four components of the Green ...
• Mohamed Jameel Al Ramahi’s leadership in renewable energy and clean technologies recognised • Masdar outlines new investment into UK battery storage at International Energy Week Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, has been made an Honorary Fellow of the Energy Institute (EI), the UK-based professional body spanning the world of energy, in recognition of his leadership in the fields of renewable ene...
• Abu Dhabi Sustainability Week and Masdar-produced report finds decarbonization budgets are significant source of concern, with less than a third of executives believing their funds are adequate • 60 percent of organizations taking steps to reduce emissions but have not yet set net-zero targets, with reliable financing the main barrier to accelerating commitments • Half of industry executives now believe net zero is more feasible ...
• The Baynouna Solar Park produces over 560 gigawatt-hours (GWh) of energy annually – enough to power 160,000 homes • Project helping Jordan to achieve objective of meeting 50 percent of electricity needs from renewables by 2030 • Dr. Sultan Al Jaber, Chairman of Masdar and COP28 President-Designate, hails role project is playing in keeping 1.5 degrees warming target in sight and in providing jobs and economic opportunities f...
• Investment in Indonesian-based Pertamina Geothermal Energy marks Masdar’s entry into geothermal energy • Increases Masdar’s footprint in the Asia-Pacific region and gives company access to second-largest geothermal market in the world • Geothermal is a stable, dispatchable, clean renewable resource, which helps to balance intermittency of wind and solar Masdar, a global clean energy powerhouse, is entering the geother...
• Parties sign collaboration framework on side-lines of World Government Summit 2023, taking place in Dubai • Potential areas of collaboration include green hydrogen development, renewable energy in Africa, distributed photovoltaics, and development of innovative technologies Masdar, one of the world’s fastest-growing renewable energy companies, has signed an agreement with the Internati...
• VERBUND to be co-developer of produced green hydrogen • Agreement follows Masdar’s launch of new green hydrogen business unit in December Masdar, one of the world’s fastest-growing clean energy companies, has signed a memorandum of understanding (MoU) with VERBUND, Austria’s leading energy utility and one of the largest producers of hydropower in Europe, to explore the production of green hydrogen for the Central Eu...
• Dedicated office in Baku will enable company to strengthen support for Azerbaijan’s goal of securing 30 percent of power mix from renewable sources by 2030 • Masdar has signed project agreements with Azerbaijan exceeding 10 GW capacity Masdar, one of the world’s fastest-growing renewable energy companies, has pledged to strengthen its support for Azerbaijan’s renewable energy development with the opening of an offic...
His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, President-Designate for COP28, and Chairman of Masdar, yesterday conferred with His Excellency Bruno Le Maire, Minister of the Economy, Finance, and Industrial and Digital Sovereignty, as part of the French Minister’s visit to the United Arab Emirates. In the perspective of the COP28 climate change conference, the UAE and France have agreed to launch...
• 1.8 MWp photovoltaic (PV) plant to provide clean energy to Coca-Cola Al Ahlia Beverages’ Al Ain bottling facility • Project marks an expansion of Emerge’s commercial and industrial (C&I) footprint since being established in 2021, bringing total capacity in operations and delivery to over 25 MWp Emerge, a joint venture between the UAE’s Masdar and France’s EDF, has signed an agreement with Coca-Cola A...
The consortium of Masdar, TotalEnergies, Siemens Energy and Marubeni announced today that the Masdar-led initiative focused on green hydrogen to produce sustainable aviation fuel (SAF) is actively working with licensors to certify a new production pathway for sustainable aviation fuel (SAF) from methanol. This novel pathway will provide one more option to address the global need to produce and make SAF available globally and help the aviation ind...
• Held under the patronage of UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, ADSW 2023 opening ceremony was attended by His Highness and 13 heads of state and prime ministers • Across six days, a series of landmark agreements were signed, positioning the UAE as a leader on climate action • Anchor event, ADSW Summit, covered the upcoming COP28, pathway to net zero, transformative tech, financing climate action, and ...
• Partners to conduct a feasibility study for the region’s first project to produce sustainable aviation fuel using renewable hydrogen and municipal solid waste • SAF will be crucial in helping to decarbonize the aviation industry worldwide • Joint feasibility study announced at the Abu Dhabi Sustainability Week Masdar, ADNOC, bp, Tadweer (Abu Dhabi Waste Management Company) and Etihad Airways announced at Abu Dh...
• UAE’s global clean energy powerhouse signs deals for projects with a combined generation capacity of 5 GW across Angola, Uganda, and Zambia • Agreements signed under umbrella of Etihad 7 – a global development fund launched by the UAE to provide 100 million people across African continent with clean electricity by 2035 Masdar has demonstrated its commitment to helping African nations in their clean energy transition...
• Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) Annual Forum at Abu Dhabi Sustainability Week (ADSW) 2023 focused on empowering women to lead climate adaptation • Forum brought together experts and leaders from business, technology, government, academia, and not-for-profit sectors ahead of COP28 climate conference, which will focus on inclusion and action • Guests took the #IAmWiSER pledge to cham...
• Masdar signs agreement with the Kazakh Ministry of Energy and state investment development fund to jointly explore the development of up to 1 GW wind farm • Wind power plant would be Masdar’s first project in Kazakhstan Masdar, one of the world’s leading clean energy companies, has signed an agreement related to the development of a wind power plant with up to 1 gigawatt (GW) total capacity in the Republic of Kazakhstan, ...
• Under three-year agreement DEWA will be Opening Ceremony Associate Partner for Abu Dhabi Sustainability Week (ADSW) • Masdar to be Jubilee Sponsor for the Water, Energy Technology and Environment Exhibition (WETEX) Abu Dhabi Sustainability Week (ADSW), the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, and Dubai Electricity and Water Authority (DEWA), announced to...
• Agreements cover onshore wind and solar photovoltaic (PV) projects, and integrated offshore wind and green hydrogen projects • Agreements follow signing of implementation agreements with Azerbaijan’s Ministry of Energy to develop a renewable energy program with a total capacity of 10 GW • Projects support Azerbaijan’s goal of meeting 30 percent of domestic power needs from renewable energy sources by 2030 Masdar, one...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and a number of world leaders today attended the opening ceremony of this year's Abu Dhabi Sustainability Week (ADSW), the global initiative championed by the UAE to accelerate sustainable development. The inauguration, which was held at the Abu Dhabi National Exhibition Centre (ADNEC), was also attended by Yoon Suk Yeol, President of the Republic of Korea; Ilham Aliyev, President of Azer...
• Memorandum of Understanding signed with four Dutch companies – Port of Amsterdam, SkyNRG, Evos Amsterdam, and Zenith Energy – related to development of green hydrogen supply chain through Amsterdam • Green hydrogen could be used for sustainable aviation fuel, steelmaking, shipping, and wider offtake opportunities Masdar, one of the world’s leading clean energy companies, Port of Amsterdam, SkyNRG, Evos Amsterdam and...
• First project in pipeline will be 200-megwatt solar photovoltaic plant • Projects will support Kyrgyzstan’s carbon-neutral targets and improve energy security for Central Asian nation Abu Dhabi, United Arab Emirates; January 10, 2023: Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Kyrgyz Republic’s Ministry of Energy to develop a pipeline of renewable proje...
Masdar is seeking to become one of the world’s leading players in the growing green hydrogen econpmy, one of the company’s executive directors told Energy Intelligence. As one of the world’s leading clean energy companies, Masdar has set its sights on becoming a hub for the production and export of green hydrogen, Mohammed Abdelqader El-Ramahi, Masdar’s Executive Director for Hydrogen, said in an interview. “We want ...
Masdar’s London Array, one of the world’s largest wind farms, has been helping to power half a million British homes, create jobs, and cut carbon emissions. The offshore facility has brought jobs to Britain’s north Kent coast. It has also helped to shrink the UK’s carbon footprint by generating 630 megawatts (MW) of renewable energy and, displacing 925,000 tonnes of carbon dioxide per year. As nations look to cut emission...
• International experts and decision makers to highlight green hydrogen’s potential to support global net-zero goals ahead of UAE-hosted COP28 later this year • Summit to be one of series of high-level events held at ADSW 2023 – highlighting UAE leadership’s commitment to practical, inclusive climate action Abu Dhabi, United Arab Emirates, January 3, 2023: Abu Dhabi Sustainability Week (ADSW), the global initiati...
• Held under the patronage of UAE President HH Mohammed bin Zayed Al Nahyan, ADSW will contribute to setting sustainability agenda ahead of COP28, the Emirates Climate Conference.• Under theme of ‘United on Climate Action Toward COP28,’ ADSW 2023 will demonstrate UAE leadership’s commitment to practical, inclusive climate action• ADSW will convene global sustainability decision makers and key stakeholders for impa...
• Project will save 2 million liters of fuel and offset 6,000 tonnes of CO2 annually • Project delivered with support from Abu Dhabi Fund for Development (ADFD) The Republic of Seychelles moved a step closer to realizing its clean energy ambitions with the inauguration of a UAE-funded 5-megawatt (MW) solar photovoltaic (PV) plant with battery storage, the second clean-energy project in the African island nation. Developed ...
New Masdar outlines ambitious growth plans to bolster position as a global leader in clean energy and green hydrogen Masdar targets at least 100GW renewable energy capacity and the production of up to 1 million tons of green hydrogen by 2030, with aspirations to grow its renewable energy portfolio to +200GW TAQA to take leading role with largest stake (43%) in Masdar’s renewables business and ADNOC to take the leading role (43%) in ...
Abu Dhabi Sustainability Week (ADSW), Masdar’s global platform for accelerating sustainable development, today announced that the Abu Dhabi Department of Energy (DoE) has signed an agreement to return as Principal Partner of both ADSW 2023 and 2024. Signed by Undersecretary of the DoE, His Excellency Eng. Ahmed Mohammed Al Rumaithi, and Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi, the agreement ensures that the DoE, a Principa...
• New joint development agreement builds on Masdar-Turkmenistan MoU for development of renewable energy projects • Signing witnessed by President of Turkmenistan HE Serdar Berdymukhammedov Masdar, one of the world’s leading renewable energy companies, has signed a joint development agreement (JDA) with Turkmenenergo State Power Corporation of the Ministry of Energy of Turkmenistan (Turkmenenergo), to develop a 100 megawatt (...
• Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) initiative hosts series of COP27 events to amplify voices of women and girls in global climate debate • UAE’s Sheikha Shamma Al Nahyan joins global industry leaders and policymakers for WiSER Wisdom Series dialogue on intersection of gender and climate • Masdar has invested 1 GW of clean energy in Africa, which could power over 845,000 ho...
• Masdar’s Youth 4 Sustainability (Y4S) initiative hosts series of intergenerational events to engage global decision-makers and youth in climate action on sidelines of COP27 • UAE and Egypt Youth Ministers highlight important role young people must play in region’s net-zero transition at Y4S African Forum • Y4S COP27 workshop brings together youth from UAE, Africa and Europe to innovate community-based sust...
• MoU signed by UAE Minister of Industry and Advanced Technology, Special Envoy for Climate Change and Chairman of Masdar, and Jordanian Minister of Energy and Mineral Resources on sidelines of COP27 climate conference Masdar, one of the world’s leading renewable energy companies, announced today that it has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources to explore collabor...
• UAE’s Masdar, Hassan Allam Utilities, and Infinity Power sign framework agreement with Egyptian state-backed entities for the development of green hydrogen and derivatives’ production facilities • First plant scheduled to be operational by 2026; consortium targeting capacity of 4 GW by 2030, and an output of up to 480,000 tons of green hydrogen per year • Agreement highlights UAE’s support for Egypt’s clea...
AWS Clean Energy Accelerator 3.0 to make a stop at Abu Dhabi’s flagship sustainable community and innovation hub in the fourth quarter of next year, coinciding with 2023 UN Climate Change Conference (COP28) Masdar City, Abu Dhabi’s pioneering sustainable community and innovation hub, and Amazon Web Services (AWS), have signed a Memorandum of Understanding (MoU) to stage an International Exchange Sprint (IES) in the United Arab Emirate...
• Africa could capture up to 10% of global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as US$120bn to GDP by 2050, report released at COP27 shows • Green hydrogen production on this scale would accelerate deployment of renewable energy across continent and increase electrification rate • Report produced by Masdar and Abu Dhabi Sustainability Week with analytical support provided by McKinsey &a...
• Agreement for 10-gigawatt project signed on sidelines of COP 27 • Project will be one of the biggest wind farms in the world on completion • Wind farm will reduce carbon dioxide emissions by 23.8 million tonnes a year – equivalent to 9% of Egypt’s current output • Project will help to create up to 100,000 jobs President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Abdel Fattah El Sisi of Egypt w...
• Infinity Power, joint venture between Masdar and Egypt’s Infinity, providing renewable energy for global UN gathering in Sharm El-Sheikh • JV is operating 6 megawatts-peak (MWp) solar photovoltaic (PV) plant, providing enough electricity to power more than 5,000 homes a year while cutting CO2 emissions by over 4,000 tonnes • Infinity Power is Principal Partner for COP27 Abu Dhabi, United Arab Emirates; November...
His Excellency Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate Change and Chairman of Masdar, called for the world to utilize all available energy sources, including renewables and hydrogen, to meet the energy needs of a growing global population. “If this year has taught us anything, it is that energy security is the foundation of all progress – economic social and climate pr...
Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform today launched a global campaign, I Am WiSER, to raise support for women at the forefront of efforts to tackle climate change and encourage world leaders to press forward with initiatives to build a more inclusive and sustainable future. The campaign urges policymakers, heads of industry, and individuals to take the #IAmWiSER pledge to champion women as age...
• Abu Dhabi’s flagship renewable energy company intends to bid in Saudi Power Procurement Co. Round 4 tender for projects with combined capacity of 3.3 gigawatts • Company aims to add to existing projects in the Kingdom, including 400-megawatt (MW) wind farm – largest in the Middle East – and 300 MW solar power plant • Masdar inaugurates its new dedicated office in Riydah, the Saudi capital Masd...
• Masdar buys leading battery energy storage developer to support offshore wind and renewables investment strategy • Acquisition will enable the development, construction, operational management and financing of renewable energy storage projects under Masdar-Arlington platform Abu Dhabi, United Arab Emirates; October 25, 2022: Masdar, one of the world’s leading renewable energy companies, today announced it has aquired UK-...
Emerge, a joint venture between Masdar and EDF, and Khazna Data Centers, the largest network of hyperscale data centers in the Middle East and North Africa region, have signed an agreement to develop a ground-mounted solar photovoltaic (PV) plant to power Khazna’s new data center in Masdar City. The plant, which has obtained Abu Dhabi’s Department of Energy Solar Photovoltaic (PV) self-regulating generation license, will have an inst...
Masdar City, Abu Dhabi’s only planned and approved R&D cluster for innovative technologies, and Zero Carbon Ventures, a company dedicated to bringing carbon-reducing technologies to the Middle East, have signed a memorandum of understanding (MOU) to advance carbon reduction in the Middle East. Already underway at Masdar City, the first project to be explored under the agreement will involve deploying Zero Carbon Venture’s g...
Abu Dhabi, United Arab Emirates; September 26, 2022: Abu Dhabi Future Energy Company – Masdar – and Germany’s RWE Renewables, two of the world’s leading renewable energy companies, announced today they have signed a Memorandum of Understanding (MoU) to explore collaboration on developing offshore wind projects in a range of key markets. Under the terms of the MoU, Masdar and RWE Renewables will explore the developme...
• Tailor-made business licenses, employment visas, and a bundle of additional benefits will enable space-related businesses to thrive in the UAE’s first space-tech hub • New package will support Space Zone’s companies in accelerating growth Abu Dhabi, United Arab Emirates, 21st September 2022: Masdar City, in partnership with the UAE Space Agency, has announced the introduction of a new business incubation and acceler...
• 500-megawatt Zarafshan wind farm is largest renewables project in Central Asia; will provide enough electricity to power 500,000 homes while displacing 1.1 million tonnes of carbon dioxide per year • Project will support Uzbekistan’s goal of meeting 25 percent of electricity needs from renewables by 2030 Abu Dhabi, United Arab Emirates; September 2, 2022: Masdar, one of the world’s leading renewable energy companies, anno...
• Carbon capture and storage focused think tank adds to growing number of sustainability-focused institutes in Abu Dhabi’s sustainable urban development project. • Institute’s work to further support the UAE’s climate action agenda in the run up to COP28 in 2023. • Opening was attended by the Institute’s global CEO as part of a regional tour. Abu Dhabi, United Arab Emirates; 30th August 2022: Masdar C...
• Inaugural offering of WiSER Cares, a new initiative launched by Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform to advance practical sustainability solutions that enhance community well-being • Course promotes gender equality and universal access to reliable clean energy, in line with UN Sustainable Development Goals • Launched in partnership with Energy Action Partners, ARC Power, ...
Masdar, one of the world’s leading renewable energy companies, announced that it has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) related to the development of renewable energy projects with a total capacity of up to 2 gigawatts (GW). Abdulla Zayed, Head of Business Development & Investment at Masdar and Maharage Chande, Managing Director of TANESCO, signed the Joint Development Agreement (JDA) on the sidelin...
Abu Dhabi, United Arab Emirates; August 02, 2022: Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved financial close for its 230-megawatt (MW) Garadagh Solar Photovoltaic (PV) Plant in Azerbaijan – the nation’s first foreign investment-based independent solar power project, and Masdar’s first project in the country. The project is co-financed by Abu Dhabi Fund for Deve...
Over 20 Young Women Graduate from Masdar’s WiSER Pioneers Program Abu Dhabi, United Arab Emirates, 19 July 2022: Masdar, one of the world’s leading renewable energy companies, today announced that 23 graduates successfully completed its annual Women in Sustainability, Environment, and Renewable Energy (WiSER) Pioneers Program, which empowers women aged 25 to 35 to lead sustainable change in their communities and careers. Now ...
• Emerge, joint venture between Masdar and EDF, to provide full turnkey solution, including design, procurement, construction, and operation and maintenance of distributed solar rooftops • Rooftop project will have capacity of 8.2 megawatts Abu Dhabi, United Arab Emirates, July 5, 2022: Emerge, a joint venture between the UAE’s Masdar and France’s EDF, announced today that it has signed an agreement with Miral, Abu Dh...
• Groundbreaking for held for 29,000 square meter sustainable urban development MC2 Headquarters to be Abu Dhabi’s first net-zero energy office building Abu Dhabi, United Arab Emirates; June 24, 2022: Masdar City, a world-class technology and innovation hub and a pioneering sustainable community in Abu Dhabi, along with its consulting partners Woods Bagot and Faithful+Gould, has advanced its contribution to the UAE Net-Zero by 2050 St...
Masdar has agreed to support the International Renewable Energy Agency’s (IRENA) Energy Transition Accelerator Financing (ETAF) Platform, which is targeting the deployment of 1.5 gigawatts of new renewable power in developing countries by 2030. Francesco La Camera, Director-General of IRENA, signed agreements with Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), and Masdar CEO Mohamed Jameel Al ...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan this week honored Masdar and other winners of the first cycle of the Parent-friendly Label (PFL), at Qasr Al Bahar. Launched by the Abu Dhabi Early Childhood Authority (ECA), the initiative encourages Abu Dhabi’s semi-government, private and third sector entities to adopt parent-friendly work practices and policies. The Label also supports working parents as they care for their child...
Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, and DANA, the Abu Dhabi-based venture builder and investment platform, have signed a memorandum of understanding (MoU) to advance food security at the national level, contribute to agritech sustainability, and support the UAE in meeting key objectives in line with the National Food Security Strategy 2051. Under the agreement, Masdar City and DANA, which suppor...
Masdar, one of the world’s leading renewable energy companies, has signed implementation agreements with the Ministry of Energy of the Republic of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 megawatts (MW) as an exclusive concession, with the right to develop an additional 6,000 MW as a second phase, bringing the total production capacity of these projects to 10,000 MW...
Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, inaugurated the region’s first project that will upcycle organic waste into high-quality products. The venture by innovative homegrown startup Circa Biotech farms black soldier fly (BSF) larvae, fed by food leftovers before being turned into animal proteins, organic fertilisers, and oils. During a tour of the company’s headquarters in Masdar City in Abu D...
• Sharjah Waste to Energy plant example of economic benefits of innovative sustainable energy production. • Supports UAE’s waste diversion goals and Net Zero by 2050 strategic initiative • Facility will divert 300,000 tonnes of waste from landfills yearly while producing 30 megawatts of low-carbon electricity • Project will enable Sharjah to increase waste diversion from 76 percent to 100 percent, making it the Middle Ea...
ADNOC and bp move to design phase of low-carbon hydrogen H2Teesside project in the UK, ADNOC’s first UK investment, as well as feasibility study for a low-carbon hydrogen project in the UAE Masdar and bp to explore potential collaboration on HyGreen Teesside, bp’s green hydrogen project powered by offshore wind in the UK’s Teesside industrial cluster ADNOC-bp-Masdar partnership expanded to e...
• Memorandum of Understanding relates to collaboration in offshore wind, green hydrogen production, battery storage, and other renewable energy technologies • Agreement will bring together two Abu Dhabi-based global leaders in energy sector and support advancement of UAE’s clean energy objectives Masdar, a global leader in renewable energy projects, announced today that it has signed an agreement with the UAE-base...
Construction has been completed on the Sharjah Waste to Energy plant, the first such facility in the UAE, with the project now entering the testing phase. Board members from Emirates Waste to Energy – the Masdar/BEEAH Energy joint venture developing the project – recently toured the plant to gauge progress and assess its readiness. Once fully operational, the Sharjah Waste to Energy plant will support Sharjah’s objective of bein...
Masdar has signed a number of Memorandums of Understanding with leading organizations in Greece to explore clean energy opportunities in the nation. The agreements were exchanged yesterday in the presence of HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and HE Kyriakos Mitsotakis, Prime Minister of Greece. Masdar made its first investment in the Greek market last...
As Masdar moves ahead with construction of its Cirata floating solar power plant in Indonesia, the company is looking to develop its floating solar portfolio in the Asia-Pacific region, Masdar President Director for Indonesia, Fatima Al Suwaidi, said this week in an interview with Asian Power. Construction on the 145-megawatt Cirata floating solar photovoltaic (PV) project, the first in Indonesia, began in August and is expected to start co...
• Masdar and Hassan Allam Utilities sign Memorandums of Understanding with entities including The General Authority for Suez Canal Economic Zone, New and Renewable Energy Authority, the Egyptian Electricity Transmission Company and The Sovereign Fund of Egypt • Masdar and Hassan Allam Utilities will set up a strategic platform that aspires to take a leading role in the development of green hydrogen production plants in the Suez Ca...
Renewable energy maintained its growth momentum in 2021 despite global uncertainties, accounting for 81 percent of total capacity expansion last year, according to the latest report from the International Renewable Energy Agency (IRENA). By the end of 2021, global renewable generation capacity amounted to 3,064 gigawatts (GW), increasing the stock of renewable power by 9.1 percent, the Renewable Capacity Statistics 2022 report shows. While ...
Masdar has signed a Memorandum of Understanding (MoU) with the Kyrgyz Republic’s Ministry of Energy to explore the development of renewable energy opportunities in the Central Asian nation and support Kyrgyzstan’s clean-energy objectives. His Excellency Bekmurzaev Doskul Djumagulovich, Minister of Energy of the Kyrgyz Republic and Abdulla Zayed, Head of Development and Investment, Central Asia and Russia, at Masdar, signed the M...
Athra Khamis, a Youth 4 Sustainability (Y4S) Future Sustainability Leader, has swapped the desert environment of the UAE for a very different kind of desert: Antarctica. The 24-year old Emirati participated in March in the 2041 ClimateForce: Antarctica Expedition, organized by the 2041 Foundation, as part of a group of global youth leaders to witness firsthand the effects of climate change on the continent and raise awareness of the issue. ...
A reduction in the growth rate of global greenhouse gas emissions provides a short window of opportunity to limit the maximum temperature increase to 1.5°C (2.7°F) by 2025, and avoid the more catastrophic effects of climate change, scientists have stated in the latest Intergovernmental Panel on Climate Change (IPCC) report. This was one of the major messages from the Summary for Policymakers of the IPCC Working Group III report, Climate C...
Masdar Capital Management Limited has announced a valuation increase of 3.3 percent on its Masdar Green Real Estate Investment Trust (REIT) portfolio of commercial buildings, with further assets with a value of AED1 billion identified for acquisition this year. As of December 31, 2021, the Masdar Green REIT portfolio was valued at AED980 million, reflecting a valuation gain of approximately AED32million over the year. Masdar City ann...
Abu Dhabi Sustainability Week, the sustainability platform hosted by Masdar, has produced a white paper highlighting some of the key findings from the ADSW Summit 2022, held in January. The Journey to Net Zero reflects the key themes of the event: Global Collaboration & Leadership, Innovation and Technology, and Sustainable Finance. Attended by more than 80 specialists, heads of states, policy makers, global CEOs and leaders of international ...
Wind and solar power accounted for 10 percent of global electricity share last year, a milestone enabled by a 23 percent increase in solar generation and a 14 percent increase in wind, according to a report from climate and energy thinktank Ember. “Wind and solar have arrived. The process that will reshape the existing energy system has begun. This decade they need to be deployed at lightning speed to reverse global emissions increas...
Masdar is helping to raise awareness on climate change by supporting an Emirati company that has developed a board game to teach players how their actions can affect greenhouse gas emissions. One Earth is being developed by UAE-based Cation Arts, with Masdar providing support on the content and acting as official name partner. The game features a QR code that links players to a digital platform, which provides education on key concepts. In One ...
The United Arab Emirates is fast-tracking low-carbon economic growth to deliver new jobs, new industries and new revenue streams, according to Dr Sultan bin Ahmed Al Jaber, the UAE’s Minister of Industry and Advanced Technology, Special Envoy for Climate Change, and Chairman of Masdar. Speaking at the Middle East and North Africa Climate Week (MENACW2022), Dr Al Jaber explained that the UAE is adopting a comprehensive, balanced and proactiv...
His Excellency Suhail Al Mazrouei, Minister of Energy and Infrastructure for the UAE, and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, took part in a panel discussion on “Green Energy for Future Generations,” as part of the first Tashkent International Investment Forum (TIIF), held in Uzbekistan’s capital last month. The forum, which focused on highlighting opportunities to drive foreign direct investment in Uzb...
Abu Dhabi Sustainability Week, hosted by Masdar, partnered with Harvard Business Review to conduct survey-led research into issues around the adoption of environmental, social and governance (ESG) practices and try to understand just how businesses are implementing ESG strategies. The report, Reaping Returns on Environmental, Social and Governance Investments, which surveyed 249 executives from global businesses across a range of indust...
Dr Lamya Fawwaz, Executive Director of Brand and Strategic Initiatives, Masdar, has been recognized as Woman of the Year at the fourth annual Women in Renewables Asia (WiRA) Awards event, held yesterday in Dubai. The event also saw Masdar sign a pledge committing to advance diversity and inclusion in the workplace. The WiRA Awards event recognizes women working in the renewable energy sector who consistently demonstrate outstanding le...
Masdar has been recognized as Future Energy Leader of the Year at an awards event in Dubai yesterday. Mohammad Abdelqader El Ramahi, Director, Asset Management and Technical Services, Masdar, received the award on behalf of the company at the Hydrogen Futures Award. Masdar has committed to a range of green hydrogen initiatives in recent years. At Abu Dhabi Sustainability Week (ADSW) 2021, Masdar announced it was partnering with local and internat...
Masdar is continuing to strengthen its support for global climate action, with the capacity of its clean energy project portfolio rising 40 percent in 2021. The electricity generation capacity of all projects Masdar has invested in – either installed or under development – increased from 10.7 gigawatts (GW) to over 15 GW in 2021, according to the company’s 2021 Annual Sustainability Report. Masdar’s operating clean energy...
• Groundbreaking ceremony for 230-megwatt (MW) Garadagh Solar PV Plant attended by His Excellency Ilham Aliyev, President of Republic of Azerbaijan, and energy ministers for UAE and Azerbaijan, strengthening partnership of two nations in clean energy • Masdar demonstrates commitment to Azerbaijan’s clean energy objectives with signing of new agreements on range of projects across country Masdar, one of the world’s leading re...
Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) strategic initiative has published a white paper on the positive impact of equitable energy access on inclusive sustainable development. Energy Access for All: A WiSER Perspective builds on roundtable discussions held during the 2022 WiSER Annual Forum, one of the key events of Abu Dhabi Sustainability Week. The virtual Forum brought together more than 80 deleg...
• Agreement will give Masdar City-based companies easy-access to NeoBiz, Mashreq Bank’s first digital banking platform dedicated to start-ups and SMEs Masdar City, Abu Dhabi’s pioneering sustainable urban development and innovation hub, and Mashreq Bank have signed a memorandum of understanding (MoU) to provide financial services to small and medium sized enterprises (SMEs) and start-ups based in the City. This will include...
Masdar will be the Sustainability Partner for the first-ever edition of the annual Electric Vehicle Innovation Summit (EVIS), which is scheduled to take place in Abu Dhabi from May 23-25 at the Abu Dhabi National Exhibition Centre. Organized by Nirvana Holding, EVIS will feature hundreds of electric vehicle (EV) companies and businesses in complementary industries in attendance to showcase recent developments, up-and coming technologies, an...
Senior Masdar executives are taking part in CERAWeek 2022, in Houston, Texas next week, as the world’s leading energy conference returns as a physical event for the first time in three years. Masdar is also supporting CERAWeek 2022 as Power Innovator Partner. Masdar’s Chief Executive Officer Mohamed Jameel Al Ramahi will participate in a panel session, Building Energy Infrastructure for Tomorrow on Wednesday, March 9. The panel will be mod...
Human-induced climate change is already causing dangerous and widespread disruption in nature, affecting the lives of billions of people around the world, and time is running out to prevent its most serious consequences, according to scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report, released this week. The world faces unavoidable multiple climate hazards over the next two decades with global warming of 1.5°C, a...
Masdar has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) to develop renewable energy projects in the East African nation. The Memorandum of Understanding (MoU) was signed at an event in Dubai, witnessed by Her Excellency Samia Suluhu Hassan, President of the United Republic of Tanzania. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Maharage Chande, Managing Director of TANESCO, were the signator...
Masdar has signed an agreement with the Korea Agency for Infrastructure Technology Advancement (KAIA) to explore the development of a range of technology solutions, including hydrogen offerings, smart cities, and electric vehicles (EV). Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar, and Seung-ki Park, President, KAIA, signed a Memorandum of Understanding (MoU), in a virtual ceremony attended by HE Bok-Hwan Kim, Director General ...
• Azelio’s Thermal Energy Storage-Power on Demand (TES.POD), produces zero emissions and is already scalable and competitive • Abu Dhabi’s desert environment provides the project with ideal solar conditions • The new technology represents an important part of the renewable transition • The project will run at Masdar City, Abu Dhabi’s only planned and approved R&D cluster An innovat...
• Community of collaboration will see MBRIF Operators support Masdar City’s SME development efforts Masdar City and the Mohamed Bin Rashid Innovation Fund (MBRIF) today announced a strategic partnership designed to cultivate entrepreneurship and economic development in the UAE and at an international level. The initiative between Masdar City, a pioneer in sustainability and a hub for research and development, and MBRIF, an initiative l...
Masdar has been named ‘Innovator of the Future’ for the energy sector at the annual Arabian Business Awards, triumphing over a shortlist that also included Acwa Power, TAQA and ENGIE, in an event that the magazine described as the region’s “first-ever industry Oscars.” As a pioneer in renewable energy solutions, Masdar’s “drive for a cleaner energy mix that is also commercially viable has the potent...
• Partnership between Abu Dhabi Sustainability Week (ADSW) and Emirates Water and Electricity Company represents first step on ADSW’s journey to become carbon neutral; in alignment with UAE’s Net Zero by 2050 Strategic Initiative Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development hosted by Masdar, has today announced that the World Future Energy Summit, a key event at ADSW 2...
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New company, MW Energy Limited, will develop pre-identified projects and explore new opportunities in different countries; initial pipeline of projects has total capacity of more than 8 gigawatts (GW) MW Energy will support Etihad 7 innovation program to develop renewable energy projects in Africa Abu Dhabi, United Arab Emirates; January 25, 2022: Masdar, one of the world’s leading renewable energy companies, and W Solar Investment, a su...
• ADSW opening ceremony – held as part of Expo 2020 Dubai – attended by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; HE Moon Jae-in, President of the Republic of Korea; HE Armen Sarkissian, President of the Republic of Armenia; HE Hussein Ali Mwinyi, President of Zanzibar; HE Wavel Ramkalawan, President of the Republic of Seychelles; and HE Ibrahim Mohamed Solih, President...
Abu Dhabi, United Arab Emirates; January 20, 2022: Masdar, one of the world’s leading renewable energy companies, announced today the formation of a joint venture (JV) with PT Mitrabara Adiperdana Tbk (Mitrabara), a conglomerate focused on the energy sector, to target the fast-growing commercial & industrial (C&I) segment of the renewable energy market in Indonesia. The JV, PT Masdar Mitra Solar Radiance, which will operate un...
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 agen...
Abu Dhabi, United Arab Emirates; January 19, 2022: Masdar, one of the world’s leading renewable energy companies, announced today that it has signed an agreement with Cosmo Energy Holdings Co., one of Japan’s largest energy companies, to explore the development of renewable energy initiatives, including offshore wind projects, in Japan. The Memorandum of Understanding (MoU) was signed by Hiroshi Kiriyama, Representative Director...
Masdar, one of the world’s leading renewable energy companies, announced today that TotalEnergies is adding its expertise in the energy sector to a Masdar-led initiative focused on green hydrogen to produce sustainable aviation fuel (SAF). Senior executives from Masdar, Siemens Energy and TotalEnergies today signed a collaboration agreement on the sidelines of Abu Dhabi Sustainability Week (ADSW) 2022, to act as co-developers for a d...
At ADSW Summit, Minister of Industry and Advanced Technology H.E. Dr. Al Jaber says energy transition represents a multi-trillion dollar opportunity that the UAE and its partners can capitalize on COP28 to take commercially viable climate solutions to scale around the world and will be as inclusive as possible Inclusive also means including the expertise that exists across the energy spectrum, and specifically the hydrocarbon ...
• Masdar and ENGIE to study the development of a globally cost-competitive green hydrogen facility targeted to be operational by 2025 with capacity of up to 200 megawatts to supply Fertiglobe’s ammonia production plants at Ruwais • Project aims to accelerate Fertiglobe’s decarbonization roadmap, strengthening company’s position as a global front-runner in green ammonia production • Collaboration agreement fo...
• Masdar signs Memorandum of Understanding (MoU) with Tuas Power, EDF Renewables, and PT Indonesia Power to explore development of up to 1.2 gigawatt (GW) solar capacity within Indonesia • Agreement aims to establish a partnership for export of electricity to Singapore market Masdar, one of the world’s leading renewable energy companies, announced today that it has signed a Memorandum of Understanding (MoU) with Singapore’s...
• Supported by its Principal Partner Abu Dhabi Department of Energy, WiSER held the sixth annual Forum at Abu Dhabi Sustainability Week (ADSW) • Forum to be held virtually under the theme of ‘Energy access for all: empowering women to accelerate sustainable development’ Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s outreach platforms, explored the positive impact ...
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. The opening event was also attended by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Fina...
• The ADSW Summit will take the global sustainability agenda forward and outline pathways to net zero • Taking place virtually from 1:00pm GST, the ADSW Summit will feature more than 80 global leaders Speakers include; HE Iván Duque Márquez, President of the Republic of Colombia; HE Halimah Yacob, President, Republic of Singapore; HH Sheikh Nasser Bin Hamad Al Khalifa, Representative of His Majesty the King for Huma...
Masdar City’s Innovate initiative to host 20 global organizations working on climate critical innovations at Abu Dhabi Sustainability Week 2022 •The Masdar City-led initiative will feature 20 innovation-focused startup and SME companies, from 10 countries, during Abu Dhabi Sustainability Week (ADSW), one of the largest sustainability gatherings of its kind •Innovate’s participating partners, include Amazon Web Services, Mic...
Masdar, one of the world’s leading renewable energy companies and the host of Abu Dhabi Sustainability Week (ADSW), has announced the opening of registration for the 2022 Youth 4 Sustainability (Y4S) forum, a series of youth-led discussions taking place from January 17 – 19 as part of ADSW 2022. The Y4S platform, held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive C...
• Abu Dhabi Sustainability Week (ADSW) will host heads of state, more than 500 global speakers, 150 government ministers, 1,000 international businesses, and 3,000 students • UAE aims to accelerate pathways to net zero by mobilizing finance, innovation and partnerships Abu Dhabi, United Arab Emirates; January 10, 2022: Abu Dhabi Sustainability Week (ADSW) 2022 taking place from 15 – 19 January, will convene global leaders, ...
The UAE being selected to host COP28 in 2023 is “a vote of confidence by the international community in the UAE’s climate leadership,” Her Excellency Mariam bint Mohammed Saeed Hareb Almheiri, UAE Minister of Climate Change and Environment, says in the first episode of our new ADSW Talks series. HE also shares her thoughts on how Abu Dhabi Sustainability Week (ADSW) can help drive global cooperation in climate action, act...
Y4S Climate Talk, a new debate series on climate change by Youth 4 Sustainability (Y4S), held its first physical event at the Youth Pavilion at Expo 2020 Dubai this month. Following its debut in November, the second Y4S Climate Talk saw Y4S members discuss the ways young people can boost their knowledge of the environment to be effective champions of climate action. Professor Fernando Reimers, Director of the International Education Polic...
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Premier League Champions Manchester City today announced a new global partnership with Masdar, which will see the renewable energy and sustainable development company become an Official Partner of the Club. Masdar, a global leader in renewable energy, clean technologies and sustainable development, is focused on the development of renewable energy projects across the Middle East and North Africa, and wider international markets, with a presence ...
• Photovoltaic plant with a capacity of as much as 100 megawatts to be jointly developed with Georgian Energy Development Fund Abu Dhabi, United Arab Emirates; December 30, 2021: Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a solar photovoltaic (PV) power project in the country, with a capacity of as much as 100 megawatts (MW). ...
• As part of Abu Dhabi Sustainability Week, the virtual ADSW Summit will bring together heads of state, policy makers, global business leaders and technology pioneers • Agenda will explore the social, economic and innovation opportunities for taking climate action and delivering pathways for a net-zero future Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development hosted by Masdar, will hold th...
The recent COP26 climate change conference was successful and represents a “fantastic achievement,” Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, told Forbes Middle East in an in-depth interview. The conference, which concluded last month in Glasgow, Scotland, stands out from other COPs he had attended because people were ready to negotiate this time, Al Ramahi told Forbes ME. “I have attended several COPs, b...
• The week long program will bring together global leaders from government, business and technology to support the acceleration of climate action and net zero commitments • Aligned with the ‘Principles of the 50’, ADSW will enable cooperation, knowledge sharing, investment and innovation Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, will be held from ...
• Masdar among global energy leaders recognized at gala ceremony in New York, US; Global Energy Awards considered among prestigious in industry Abu Dhabi, United Arab Emirates; December 10, 2021: Masdar, one of the world’s fastest-growing renewable energy companies, has received the coveted ‘Award of Excellence – Power’ at the S&P Global Platts Global Energy Awards 2021, beating companies from across the entire e...
• Inauguration ceremony for Mlawa and Grajewo wind farms held at Expo 2020 Dubai in alignment with Poland National Honor Day • Masdar and Taaleri SolarWind II Fund each acquired a 50 percent stake in projects in 2020 marking their entry into the Polish renewable energy market Abu Dhabi, United Arab Emirates, December 9, 2021: Masdar, one of the world’s leading renewable energy companies, and Taaleri SolarWind II Fund,...
Collaboration between public and private sector entities is crucial if the adoption of sustainable finance is to accelerate, attendees of the first in-person WiSER Wisdom Series heard. Hosted by the Women in Sustainability, Environment and Renewable Energy (WiSER) platform at the Women’s Pavilion Majlis at Dubai Expo 2020, panelists for the session on ESG (Environmental, Social and Governance) investing and the future of business were: Merc...
ENGIE and Masdar, one of the world’s fastest-growing renewable energy companies, announced today that they have signed a strategic alliance agreement to explore the co-development of a UAE-based green hydrogen hub. The two companies are looking to develop projects with a capacity of at least 2 GW by 2030, with a total investment in the region of US$5 billion. The agreement was signed by Dr Sultan Ahmed Al Jaber, UAE Minister of Indus...
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, today announced a global clean energy powerhouse intended to spearhead the drive to net-zero carbon by 2050. Consolidating their combined efforts in renewable energy and green hydrogen, Abu Dhabi National Energy Company PJSC (TAQA), Mubadala Investment Company (Mubadala) and Abu Dhabi National Oil Compa...
Masdar has signed an agreement with the Government of the Republic of Armenia to develop a 200-megawatt (MW) solar photovoltaic (PV) plant. The Ayg-1 project will be Armenia’s largest utility-scale solar plant. The Government Support Agreement (GSA) was signed by His Excellency Gnel Sanosyan, Minister of Territorial Administration and Infrastructure of the Republic of Armenia , and Mohamed Jameel Al Ramahi, Chief Executive Officer of ...
Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, has been recognized as ‘Energy Company of the Year” for the third time at the prestigious Gulf Business Awards 2021, having previously won the award in 2016 and 2017. The Gulf Business Awards recognize companies positively impacting and driving the GCC’s economic landscape, with companies being judged on cr...
Youth 4 Sustainability (Y4S) has launched a new monthly debate platform on climate change called Y4S Climate Talk. In the first debate, Y4S members discussed the importance of the UAE hosting COP28 in 2023 and the opportunity this gives young people in the region to make their voices heard on climate issues. Over the coming months, Y4S Climate Talk will welcome influential figures and changemakers in climate action and sustainability from around ...
• Family favorite event will take place at Masdar City on 26th November 2021, from 4pm – 10pm • Second and third pop-up Ripe Markets at Masdar City, scheduled for 17th December 2021, and 28th January 2022 Abu Dhabi, United Arab Emirates, 16th November 2021: The wait is finally over; Masdar City, will be host to the Ripe Market’s return to Abu Dhabi, on Friday, 26th November from 4pm to 10pm, with offerings for both fo...
Innovate is a new global initiative led by Masdar City to identify and nurture the next generation of sustainable technologies. Bringing innovators and investors together, Innovate focuses on Urban Mobility, Clean Energy, Agritech & Food Security, Water, Energy Storage, and Artificial Intelligence. Join us on Wednesday 17 November at 10:00 GST where Masdar City will officially launch Innovate. Moderated by Steve Severance, Head of Program ...
Alliances for Global Sustainability (AGS) today entered into a strategic agreement with Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s international outreach platforms, aiming to inspire women of all ages to play a more active role in addressing global sustainability challenges. A Memorandum of Understanding (MoU) was signed on the sidelines of the UN Climate Change Conference (COP26) by Sheikha Sh...
Shams Power Company has achieved a significant safety milestone, reaching two million safe man-hours without lost time injury at the Shams power plant in Abu Dhabi. Inaugurated in March 2013, the 100 MW concentrated solar power plant was at the time the largest renewable energy project in operation in the Middle East. Shams’ latest safety landmark in September comes just over two years after reaching one million safe man-hours in July 2019....
• Innovate will identify and nurture the next generation of sustainable technologies • The initiative will bring together early-stage innovators and potential investors • Groundbreaking innovations will be showcased physically at Abu Dhabi Sustainability Week 2022 Abu Dhabi, United Arab Emirates; 15th November 2021: Masdar City, Abu Dhabi’s only planned and approved R&D cluster and a leading hub for innovatio...
The Masdar City team has kicked off an event series for its City's tenants with an interactive virtual session attended by almost 150 guests. During the event, the team shared key updates about City projects and developments, including Central Residence, Discovery Park, Central Park Phase 2, and Metro Boulevard. This was followed by updates from the Free Zone regarding its latest business packages and Golden Visa processing support. Attendees w...
The UN Framework Convention on Climate Change (UNFCCC) has officially announced that the UAE will host the 28th Conference of the Parties climate change conference – better known as COP28 – in 2023. The UNFCCC confirmation followed unanimous endorsement by the Asia Pacific Group of nations during COP26, where nearly 200 countries gathered to take concerted action to cap global greenhousevgas emissions and unite against climate change....
This session will address the opportunities related to sustainable real estate development and investment in the Middle East, while highlighting the solutions available to investors and developers, both regionally and globally, with a focus on Abu Dhabi/Masdar City. ...
This session will highlight the hurdles that obstruct women reaching senior leadership positions. It will also identify ways the public and private sector can collaborate to empower women to play an active role in addressing global sustainability challenges and showcase the efforts UAE led initiatives ( private and public) in empowering women in sustainability....
This session will highlight the role of youth in the fight against climate change through social innovation and entrepreneurship, and highlight the importance of investing more in young yet ambitious minds to drive the transition to a clean and inclusive future. Participating youth will showcase their personal journey in sustainability and how their innovations are responding to the climate crisis by driving innovation, inspiration, and im...
This session will address the challenges related to energy poverty in the post-pandemic recovery era, while highlighting the solutions available to accelerate the global transition to clean energy with perspectives relevant to Masdar Clean Energy and the Zayed Sustainability Prize....
Youth 4 Sustainability (Y4S) members have spoken of their renewed “motivation” and “enthusiasm” for combating climate change after attending a global gathering of climate activists at Expo 2020 Dubai. Members of the Future Sustainability Leaders (FSL) and the Sustainability Ambassadors (SA) programs took part in a two-day celebration of youth-led climate action called the People’s Promise for Climate Impact. During t...
Masdar City Free Zone, is now facilitating the process and submitting, Golden Visas for all eligible candidates and their families. In collaboration with Abu Dhabi Residents Office (ADRO), a division recently launched by the Abu Dhabi Department of Economic Development (ADDED), Masdar City Free Zone is already working to promote the Golden Visa to eligible candidates under the qualifying sectors including, investors, entrepreneurs, specialized t...
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. COP 26, which was postponed a year because of the COVID-19 pandemic, is taking place in Glasgow from October 31 to November 12, an...
The United Arab Emirates has announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to achieve net-zero emissions by 2050, making the UAE the first Middle East and North Africa (MENA) nation to do so. The initiative, announced at Expo 2020 Dubai with the attendance of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, aims to underpin dynamic economi...
• Masdar signs implementation agreement with Iraq’s Ministry of Electricity and National Investment Commission to develop five projects located across the country • Agreement signed in presence of His Excellency Mustafa Al-Kadhimi. Prime Minister of the Republic of Iraq Abu Dhabi, United Arab Emirates; October 7, 2021: Masdar, one of the world’s leading renewable energy companies, announced today that...
Abu Dhabi, United Arab Emirates; October 5, 2021: Masdar, one of the world’s leading renewable energy companies and a pioneer in sustainable urban development, is again participating in the Water, Energy, Technology and Environment Exhibition (WETEX), starting today at EXPO 2020 Dubai. Masdar, which is celebrating 15 years of impact in the UAE, will showcase at the event its growing portfolio of innovative projects that are supporting...
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), was today honored with the ‘Energy Executive of the Year Award for 2021’ by Energy Intelligence, validating the United Arab Emirates’ (UAE) vision for a sustainable energy future. The Energy Executive of the Year Award is the most prestigious in the energy industry and i...
Moody’s Investor Services and Fitch Ratings have assigned Masdar first-time credit ratings that place it firmly in the investment grade category – a significant milestone for the company. Moody’s and Fitch, two of the leading agencies that evaluate the creditworthiness of commercial and sovereign entities, issued long-term ratings of A2 and A+ respectively, both with a stable outlook, following extensive due diligence in accord...
• Seramic Materials, supported by The Catalyst, develops circular economy solution to recycle industrial solid waste into ceramic high-temperature thermal energy storage product. • ReThink Seramic – Flora is company’s first commercial product; company announces first client with purchase order in Spain. • Innovative new product has been developed in Masdar City, Abu Dhabi’s only planned and approved research and d...
Partners to explore development of clean hydrogen hubs in both the UAE and UK at an initial scale of at least 2 GW, comprising 1 GW in the UAE and 1 GW in the UK Breadth of collaboration underscores partners’ shared commitment to driving economic opportunity through decarbonization, including potential greenfield carbon capture and underground storage projects Agreements to encourage technology-driven sustainability solutions, ...
The development of Abu Dhabi’s Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project will make an important contribution to the United Arab Emirates’ Energy Strategy 2050. “As well as being the largest single-site solar PV project in the world, it will reduce CO2 emissions by 2.4 million metric tonnes per year,” said Shailesh Monteiro, Director of Business Development, Generation at Abu Dhabi Nat...
Human activities are ‘unequivocally’ the cause of the climate crisis, according to the latest report from the Intergovernmental Panel on Climate Change (IPCC), the world’s leading authority on climate science. Climate change is being observed in every region of the world, and across the entire climate system, with some of the changes, such as rising sea levels, being irreversible, scientists said. However, “st...
• President of Uzbekistan attends inauguration ceremony for Nur Navoi Solar, Uzbekistan’s first successfully-financed independent power producer (IPP) solar project and first utility-scale solar plant • 100-megawatt plant has begun energization to support Uzbekistan’s renewable energy targets Abu Dhabi, United Arab Emirates; August 28, 2021 Masdar, a subsidiary of Mubadala Investment Company and one of the world...
• Competitive new license packages are in line with recent government updates to promote business development in the capital. • Packages offer unique flexibility to new and existing businesses at Masdar City Free Zone. Abu Dhabi, United Arab Emirates; 23 August 2021: Masdar City Free Zone has announced the launch of new business package options for new and existing companies b...
• Masdar City Free Zone highlights the essential role of women in business to further progress UAE economic and sustainable development goals. • The new business package is designed to encourage an increase of women-led businesses in the emirate. Abu Dhabi, United Arab Emirates; 25 August 2021: Masdar City Free Zone has introduced a new business package exclusively for all women entrepren...
• Dumat Al Jandal, the Middle East’s largest wind farm, has been successfully connected to the grid and started electricity production • Start of power generation will bolster the Saudi network during the peak summer consumption period • Dumat Al Jandal will power up to 70,000 Saudi households and save 988,000 tonnes of CO₂ per year Dumat Al Jandal, the Middle East’s largest wind farm and the first in the Kingdom...
• Dumat Al Jandal, the Middle East’s largest wind farm, has been successfully connected to the grid and started electricity production • Start of power generation will bolster the Saudi network during the peak summer consumption period • Dumat Al Jandal will power up to 70,000 Saudi households and save 988,000 tonnes of CO₂ per year Riyadh, Saudi Arabia; August 7, 2021: D...
• Cirata Floating Photovoltaic Power Plant scheduled to begin commercial operation in Q4 2022 • 145-megawatt (ac) plant being developed by PT. Pembangkitan Jawa Bali Masdar Solar Energi – joint venture between Masdar and PT PJBI Abu Dhabi, United Arab Emirates; 03.08.21: Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state-owned electricity compa...
Accelerating energy transitions on a path to climate safety can grow the global economy by 2.4 per cent over the expected growth of current plans within the next decade and create 122 million energy-related jobs by 2050, according to a report from the International Renewable Energy Agency (IRENA). The agency’s roadmap to keeping the 1.5 degree-warming target foresees a jobs boost of more than double today’s 58 million, with renewable...
In the latest episode of Masdar Talks, Cinar Kurra, CEO of The Catalyst – the region’s first start-up accelerator focused on sustainability and technology – was joined by Catalyst-supported companies Volts, QS Monitor and Seramic Materials. The companies joined Kurra to explain how their innovations are tackling global sustainability issues and the supports they have received from The Catalyst at Masdar City. CEO of Volt...
• New technology will extract clean water from the atmosphere in commercial volumes and operate 24/7 using clean energy • The project will run at Masdar City, Abu Dhabi’s hub for technology innovation and sustainability-focused R&D • The project will be a key development for hot climates such as the Middle East Abu Dhabi, United Arab Emirates; 1st August 2021: The w...
Can you imagine a smart garden in your home that grows vegetables automatically – with virtually no time or need for a green thumb? Aline Pate did imagine this, and better yet, developed it. The HydroArtPod is a system built with smart grow channels that keep the nutrient-rich water distributed evenly, which optimizes the level of air and water so the plant roots can thrive at all times. The system not only supplies fresh produces for an...
While it is the coldest place on earth, Antarctica is also the world’s largest desert, almost twice the size of the Sahara. For Michel Abi Saab, Manager, Energy Services at Masdar, a visit to the Casey Research Station, which is perched on the edge of a massive ice cap, was life-changing, awe-inspiring and humbling. He recalls his research expedition to the Station three years ago, on behalf of Masdar. Michel, tell us how this opportunit...
Graphene is an extraordinary substance. A layer of carbon, just one atom thick, yet 200 times stronger than steel, transparent, flexible, highly conductive both thermally and electrically: it has the potential to revolutionize whole industries and our entire built environment. It was first isolated in 2004 to Nobel Prize-winning effect at the University of Manchester and now that potential is starting to bear commercial fruit. Manchester is home ...
• Masdar signs agreements with Government of Uzbekistan to develop public-private partnership (PPP) solar projects in Samarkand and Jizzakh regions, each with a capacity of 220 megawatts • Masdar’s existing projects in Republic of Uzbekistan include country’s first PPP solar project, and Zarafshan wind farm – the largest in Central Asia Abu Dhabi, United Arab Emirates; July 13, 2021 Masdar, a subsidiary of...
UAE, Abu Dhabi, 11 July 2021: This month, young visitors to Kidzania’s outlets at The Dubai Mall and Abu Dhabi’s Yas Mall, will learn how to easily grow healthy fruits and vegetables at home, through a unique interactive experience delivered by Masdar City-based start-up innovation, the HydroArtPod. As part of KidZania’s ‘Kids For A Greener World’ interactive workshop, kids will learn how easy it is to grow fr...
Azerbaijani students and government employees were given dedicated training in renewable energy sources through a two-day training program organized by Masdar, bp and Azerbaijan’s Ministry of Energy. The Greentech Summer Camp 2021 was held both physically and online at the Gobustan Hybrid Power Plant, on July 7-8 through the Azerbaijan Renewable Energy Agency under the Ministry of Energy. The program covered solar and wind energy, off...
Being located in Masdar City will help students from the world’s first university dedicated to research into artificial intelligence (AI) create a new generation of entrepreneurs, rivalling those of Silicon Valley, according to the institute’s president. "Our location at Masdar City, a regional hub for technology innovation, is beneficial as our graduates can quickly assimilate into a thriving innovation-driven environment," Pro...
Collaboration between the private sector and public sector, including research institutes and local authorities, is key to building sustainable cities, attendees of the fifth WiSER Wisdom Series heard. Hosted by Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform, the session was moderated by Anthony Mallows, an architect and city planner. Panelists were: Anne-Marie Choho, Director General - Executive ...
The Government of Armenia has officially selected Masdar, one of the world’s leading renewable energy companies, as the winning bidder for the tender for a utility-scale solar project. The Armenian Government had implemented an international tender following Masdar’s initial offer of $0,0299/kWh in December 2019. After a competitive process, Masdar submitted a final price of $0,0290/kWh. The 200-megawatt (MW) plant will be loc...
By: Dr Lamya Nawaf Fawwaz is Executive Director for Brand & Strategic Initiatives at Masdar The UAE’s bid to host the 28th session of the Conference of Parties (COP 28) global climate summit in 2023 came with an unequivocal message that gender equality is “inseparable” from achieving a peaceful, prosperous and sustainable future for all. Gender parity is a fundamental human right and essential to realizing the other U...
• Masdar signs Heads of Agreement with Iraq’s National Investment Commission to develop photovoltaic projects with a minimum total capacity of two gigawatts Abu Dhabi, United Arab Emirates; June 25, 2021: 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 photovolta...
Renewable energy continues to strengthen its cost advantage over fossil fuel options, with the main technologies seeing significant cost reductions year-on-year, according to a report from the International Renewable Energy Agency (IRENA). The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled last year, with 162 gigawatts (GW), 62 per cent of total renewable power generation added last year, ...
An ongoing sustainability drive in Australia has been the catalyst for the development of energy-from-waste (EfW) as a solution to diverting waste from landfill, senior executives from Masdar and Tribe Infrastructure Group said during the latest edition of the Instagram Live Masdar Talks series. “Waste reduction, improvements in recycling and better solutions for non-recyclable residual waste have all been things that are now very muc...
The importance of providing support to attract more young women into the energy sector was highlighted during a webinar hosted by Masdar’s outreach platform, WiSER (Women in Sustainability, Environment and Renewable Energy), at the Middle East Energy conference in Dubai. Organized by members of the WiSER Pioneers Program, the session was moderated by Fatima Al Kaabi, Associate – International Affairs, ADGM. Panelists were: Asmae...
• Skincare enthusiasts can buy two and get one product for free from 22nd of June until the 22nd of August Abu Dhabi, United Arab Emirates, 20th June 2021: De L’Arta, the Middle East’s first sustainable skincare brand and homegrown UAE startup, has announced the launch of their dedicated online skincare store. Beauty gurus and skincare enthusiasts across the Emirates can now order the [Tq] by De L’Arta product range direct...
Relaunched in 2018 to encourage and stimulate entrepreneurship, The Catalyst is the region’s first sustainability-focused ‘start-up accelerator’. Based in the Masdar City Free Zone, The Catalyst is a joint venture between Masdar and BP aimed at accelerating start-ups through funding, training and mentorship. The Catalyst targets eco-friendly business ideas that are 1-3 years away from commercialization, and accelerates them thr...
Number of companies at Masdar City Free Zone increased 26 percent in 2020; more than 900 sustainability-focused innovation and technology companies now call Masdar City home The City’s position as Abu Dhabi’s only planned and approved research and development center supports UAE’s longstanding commitment to combating climate change Abu Dhabi, United Arab Emirates, 16th June 2021: Masdar City, the sustainable urban de...
GCC countries could generate as much as US$200 billion in revenue from green hydrogen by 2050, with the creation of up to 1 million jobs in the region, according to a new report. Countries in the GCC benefit from unique natural (solar & wind) resources, abundant space as well as world class infrastructure and expertise, according to the report, ‘The Potential for Green Hydrogen in the GCC Region.’ Under the report’s m...
• Solar photovoltaic (PV) panels installed on car shading at short-term car parking facility at the Midfield Terminal • Project will provide three megawatts (MW) of clean energy to the airport Abu Dhabi Airports, the owner and operator of the emirate’s five airports, and Masdar, one of the world’s leading renewable energy companies, have announced the completion of Abu Dhabi’s largest solar-powered car park...
The move by the Council and its entities, Technology Innovation Institute (TII) and ASPIRE, to Masdar City, adds to the growing number of innovation dedicated organizations moving to the regional hub of sustainable technology development. Masdar, a global leader in sustainable innovation and development, has announced the arrival of Abu Dhabi high-tech sector drivers, the Advanced Technology Research Council (ATRC) and its two pillar entities, T...
The Al Dhafra Solar project, set to be the world’s largest single-site solar power plant, has been named the Utility-Scale Solar Project of the Year by the Middle East Solar Industry Association (MESIA). The record-breaking project, located around 35 kilometers outside Abu Dhabi, will have a capacity of 2 gigawatts, using about 3.5 million solar panels to generate enough electricity for approximately 160,000 homes across the UAE. Abu ...
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), has announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project in Dominica. Masdar, one of the world’s leading renewable energy companies, is leading the design and implement...
The United Arab Emirates’ bid to host the COP28 global climate summit will help to highlight the economic benefits of climate action, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi told CNBC. Masdar “will do everything we can to support the UAE government in making this a reality,” he stated. “COP28 represents an unprecedented opportunity to highlight the economic potential of climate action as well as ...
Masdar aims to complete the design for its green hydrogen demonstrator project by the end of this year, Fawaz Al Muharrami, Acting Executive Director, Masdar Clean Energy, told The National. In January, Masdar joined forces with Abu Dhabi Department of Energy, Etihad Airways, Lufthansa Group, Khalifa University of Science and Technology, Siemens Energy, and Marubeni Corporation in an initiative designed to support the development of A...
Renewable energy capacity rose 45 percent last year – the biggest increase this century, according to the International Energy Agency’s (IEA) latest market update. The largest increase year-on-year since 1999 saw energy sources such as wind and solar contributing to the addition of 280 gigawatts (GW) of renewable electricity globally, equivalent to the total installed capacity of the 10 countries in the Association of Southeast Asian...
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, announced that the UAE is looking to host the twenty-eighth session of the Conference of the Parties to the United Nations Framework Convention on Climate Change – better known as COP 28 – in Abu Dhabi in 2023. COP 28 will mark a key milestone in achieving the goals of the Paris Climate Agreement, as it will witness the first g...
1. What role do you think platforms like Women in Sustainability, Environment and Renewable Energy (WiSER) and Abu Dhabi Global Market’s (ADGM) Gender Equality Initiative can play in influencing the wider integration of sustainable finance, which is something ADGM is leading on? As global economies restart and calibrate in the wake of the COVID-19 pandemic, environmental, social and governance (ESG) aspects - and in parti...
Subject: Hydrogen Hydrogen (H) is the most abundant element in the universe, and the simplest and lightest. The energy industry has been seeking to tap it as source of power since at least 1842 when Welsh scientist William Robert Grove developed the first fuel cell, combining hydrogen and oxygen to produce electricity. Today, when we talk about hydrogen in energy terms, we refer to different colors; the most common form, grey hydrogen, is produc...
The world’s population is hurrying towards the 10 billion mark by 2050. With two-thirds projected to live in cities by then, urbanization is a global phenomenon that is a leading factor contributing to municipal solid waste. With an increase in consumerism and shifts in lifestyles around the world, solid waste management is one of the most urgent challenges confronting municipalities, cities and countries. According to the Worl...
“At Masdar, we are invested in the clean energy future of communities around the whole world. I’m proud to work for a company that makes impactful contributions toward climate action. At the end of the day, climate change affects every single one of us and a borderless crisis requires collective action.” -Eng. Fatima Al Suwaidi, Senior Analyst – Development & Investment Focus on Asia According to the International Re...
• Ecothon Innovation Challenge supported by Nestlé, Khalifa Fund for Enterprise Development, Environment Agency – Abu Dhabi, and the Authority of Social Contribution – Ma’an • Competition challenged students to develop new circular economy solutions for packaging waste including plastic Masdar’s Youth 4 Sustainability (Y4S) platform has announced “Re.” as the winning team of its Ecothon...
“At Masdar, we are invested in the clean energy future of communities around the whole world. I’m proud to work for a company that makes impactful contributions toward climate action. At the end of the day, climate change affects every single one of us and a borderless crisis requires collective action.” -Eng. Fatima Al Suwaidi, Senior Analyst – Development & Investment Focus on Asia According to the International Re...
Abu Dhabi, United Arab Emirates, May 6, 2021: Masdar, one of the world’s leading renewable energy companies, and Taaleri Energia, which invests in utility-scale wind and solar assets, have agreed to develop a 65-megawatt (MW) solar photovoltaic (PV) project in Greece. The project will be managed through the companies’ joint venture Masdar-Taaleri Generation (MTG). The co-development was announced at a virtual signing ceremony, attende...
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Abu Dhabi, UAE – 4 May 2021: Beyond2020, the UAE-driven humanitarian initiative has announced the deployment of critical solar energy lighting solutions at Kutupalong Rohingya refugee camp in Cox’s Bazar, Bangladesh, lighting up the lives of 4,500 residents. The deployment in Bangladesh, which aims to enhance security and create better conditions for social and community activities after dark, marks the second phase of ‘20by2020...
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.’ The panelists on the webinar – the fourth in the WiSER Wisdom Series – were: Dr Afef Haddad, Country Program Coordinator and Deputy to the Direct...
The UAE’s abundant solar energy resources will enable the country to maintain a leadership role in hydrogen production, a senior Masdar executive told Investment Monitor. “Abu Dhabi and the UAE [more generally] have been leading players in renewable clean energy and will now be in alternative fuel and hydrogen,” Mohammad Abdelqader El Ramahi, Director, Asset Management and Technical Services, Masdar, told the publication i...
Global renewable energy capacity additions reached a record level last year, exceeding expansion in 2019 by almost 50 percent, according to date from the International Renewable Energy Agency (IRENA). Worldwide, more than 260 gigawatts of renewable capacity was added last, accounting for more than 80 percent of all electricity expansion, the agency’s annual Renewable Capacity Statistics 2021 report shows. Solar and wind accounted for ...
Masdar City has been named the world’s most sustainable city by Cityscape Intelligence. Abdulla Ahmed Balalaa, Acting Executive Director for Sustainable Real Estate at Masdar, was also recognized by the business intelligence firm as one of the one of the most influential figures for sustainable real estate in the Middle East and North Africa (MENA) region. Cityscape Intelligence highlighted that Masdar City “now offers a co...
Global energy-related carbon dioxide emissions are set to surge by 1.5 billion tonnes this year – the second-largest increase in history – as coal use outstrips demand for renewables, according to a report from the International Energy Agency (IEA). The increase would reverse most of the decline caused last year by the COVID-19 pandemic, the IEA warned, and would be the biggest annual rise in emissions since 2010. The IEA’...
Masdar has signed agreements to develop a utility-scale solar photovoltaic (PV) project in the Republic of Azerbaijan. The 230-megawatt (MWac) project is the country’s first foreign investment-based independent solar project structured as a public-private partnership. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, signed the Investment Agreement for the project with H.E Parviz Shahbazov, Minister of Energy of the Repub...
Abu Dhabi, Paris April 10, 2021: The consortium led by Masdar and EDF Renewables, both global leaders in renewable energy, and Nesma Company, announced today it has reached financial close on a 300-megawatt (MW) utility-scale photovoltaic (PV) solar power plant in Jeddah and is starting construction. The Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s Ministry of Energy awarded the consortium the 300 MW Jeddah p...
• Consortium led by EDF Renewables and Masdar delivering the 400 MW Dumat Al Jandal utility-scale wind farm project in Saudi Arabia • Commercial operation scheduled for 2022 • Power generated by the wind farm will contribute to the energy transition of the Kingdom and support the Middle East Green initiative for mitigating climate change Riyadh, Saudi Arabia; April 9, 2021: HRH Prince Abdulaziz bin Salman, Minister...
• Advancing Abu Dhabi’s efforts to nurture talent and prepare youth to lead the emirate’s sustainable development • Chairman of Abu Dhabi Department of Energy and UN Secretary-General’s Envoy on Youth address graduates at virtual ceremony • Graduation brings the total number of Future Sustainability Leaders and Sustainability Ambassadors to 537 Abu Dhabi, United Arab Emirates, April 5, 2021: Under the patro...
Masdar has announced a partnership with Circle of Hope, an organization founded by Sheikha Shamma bint Sultan bin Khalifa Al Nahyan. The partnership aims to help educate and empower women and youth and to combat climate change across the UAE and beyond. The agreement was signed by Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Founder of Circle of Hope and Mohammed Jameel Al Ramahi, Chief Executive Officer of Masdar during a virtual signing ce...
Masdar has signed an Implementation Agreement with the Government of the Republic of Uzbekistan to extend the capacity of its utility-scale wind farm project – the first such project in Uzbekistan – to up to 1.5 gigawatts (GW). The agreement was signed in the presence of H.E. Sardor Umurzakov, Deputy Prime Minister and Minister of Investments and Foreign Trade for the Republic of Uzbekistan, H.E. Alisher Sultanov, Minister of E...
Abu Dhabi, UAE, March 31: Masdar has launched the global brand campaign ‘For A Sustainable Future’ to reinforce the company’s leadership in renewable energy and sustainable technology, while highlighting the sustainable development goals of the United Arab Emirates. Ahead of Masdar’s 15th anniversary later this month, For A Sustainable Future will highlight real-world examples of Masdar’s investment in the tra...
1. Anyone can visit Masdar City: That’s right. If you want to discover more about how a sustainable urban community looks and works, visit Masdar City and explore its different elements. Don’t forget to download the Masdar City mobile app for a self-guided tour at your convenience. 2. It’s home to the UAE Pavilion from Milan Expo 2015: For those who couldn’t make it to Milan for the Expo in 2015, the UAE Pavilion is in M...
Out in the North Sea the future of renewable energy is taking shape – but the five wind turbines floating 29km off the coast of Aberdeenshire aren’t the only reason why wind energy could one day power every home in Scotland… Two large white boxes on an industrial park in the fishing port of Peterhead house the first energy storage system connected to an offshore wind farm, technology that is helping both wind and solar power supply even more of t...
Billions of dollars are invested each day to grow the world economy. Most of this money buys things that are made with energy, which emit CO2 and other greenhouse gases. This leads to global warming and climate change. To break the cycle, some investors have begun financing developments that don’t hurt the planet. This is called “sustainable finance” and it is a growing part of the global economy. In...
Abu Dhabi’s Al Dhafra region is a source of great pride for the UAE. It represents the roots of the country’s Bedouin heritage, with its desert sands inspiring many a poem and captivating many an explorer. In 2013, with the inauguration of the Shams solar power plant, the region proved that it was not just a source of our history, but that it could also power the country into the future. Shams paved the way for other ambitious clean energy proj...
• Masdar supports the global environmental awareness initiative from its home in Masdar City, Abu Dhabi. • Businesses and homeowners across the UAE are encouraged to switch off their lights from 8.30pm to 9.30pm on Saturday, 27th March. Abu Dhabi, United Arab Emirates; 27th March 2021: Masdar, a global leader in renewable energy and sustainable urban development, will join thousands of organizations around the world by switching ...
The London-based Arab International Women’s Forum (AIWF) and Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s outreach platforms, have signed a Memorandum of Understanding (MoU) that aims to inspire women of all ages to play a more active role in addressing global sustainability challenges and to give them better opportunities in science, technology, engineering and mathematics (STEM) disciplines.&nbs...
Masdar, one of the world’s leading renewable energy companies, and the Government of the Federal Democratic Republic of Ethiopia are exploring the development of solar power projects with a total capacity of 500 megawatts (MW) and related grid infrastructure across Ethiopia. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and HE Ahmed Shide, Ethiopia’s Minister of Finance, signed a Memorandum of Understanding (MoU) ...
Combining renewable energy projects with co-located storage systems will help governments reach their net-zero objectives, senior executives from Masdar and Equinor said on the fifth edition of the Instagram Live Masdar Talks series. “Flexibility will be key to maintain stability in the energy system as we are aiming to achieve the net-zero targets with increased renewable deployment,” said Egil Dino Hansen, Business Development...
Beyond2020 is a continuation of the 20by2020 initiative, having positively impacted the lives of approximately 110,000 people across the Middle East, Asia, and Africa Abu Dhabi, UAE – March 17, 2021: Following the widespread success of the 20by2020 initiative in helping deliver vital sustainable solutions to vulnerable communities around the world, the Zayed Sustainability Prize has announced the transformation of the 20by2020 initiative i...
Masdar City-based companies will offer UAE youth rewarding careers that will align with their interest in sustainability, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said during the ‘Mohamed Bin Zayed Majlis for Future Generations’ virtual event. “Today the City is home for innovative businesses, all of which need skilled employees to work on addressing key challenges surrounding sustainability,” Al ...
Masdar has signed a Memorandum of Understanding (MoU) with PETRONAS, a global energy and solutions company, to explore renewable energy opportunities across Asia and beyond. The two companies have agreed to explore joint participation in a range of areas, with a focus on utility-scale renewable energy, including ground-mounted and floating solar projects, as well as offshore wind projects in Asia, and potentially other regions and other te...
• Ecothon Innovation Challenge supported by Khalifa Fund for Enterprise Development, Environment Agency – Abu Dhabi, the Authority of Social Contribution – Ma’an, and Nestle • Competition aims to develop new circular economy solutions for packaging waste including plastic Masdar’s Youth 4 Sustainability (Y4S) platform has launched the fifth edition of its Ecothon Innovation Challenge under the initiative&r...
The UAE and the wider region will drive innovative solutions to solve issues related to climate change, panelists on the fourth ASDSW Web Series agreed, with some of the most promising technologies still in early development stages. “In the region, there is definitely potential for further growth and development of new technology, and further investment in new technology,” said Jean-Francois Chartrain, Chief Operating Officer, T...
: Masdar and Samruk-Kazyna, the sovereign wealth fund of the Republic of Kazakhstan, have signed a strategic agreement to explore renewable energy opportunities in Kazakhstan and support the country’s clean-energy objectives. The two companies signed a Memorandum of Understanding (MoU) to explore the joint development of renewable energy projects, and the potential establishment of a joint venture. Fawaz Al Muharrami, Acting Executive...
Text: Masdar City hosted two high-level government delegations on the same day this week, with representatives from the UK and Spain meeting with Masdar senior management, including Chief Executive Officer Mohamed Jameel Al Ramahi. From the UK, HE Lord Edward Udny-Lister, who officially started his role as Prime Minister Boris Johnson’s Special Envoy for the Gulf this month, met with Al Ramahi and Yousef Baselaib, Executive Director, ...
Masdar City, Abu Dhabi’s flagship sustainable urban development, is today home to more than 900 organizations – ranging from international giants to home-grown start-ups – that are developing innovative technologies in the areas of energy, space and artificial intelligence to address the world's most critical sustainability challenges. This month, the UAE made history as the first Arab nation – and one of just five in the...
Youth 4 Sustainability (Y4S), the Masdar initiative to develop future sustainability leaders, officially launched its virtual programs for high-school and university students on sustainable development goals with two workshops on how youth can support the UAE’s work on achieving the SDGs. The Y4S platform, held under the patronage of HH Sheikh Khaled bin Mohamed bin Zayed al Nahyan, Member of the Executive Council and Chairman of the...
• New Mubadala Health vaccination center in Masdar City will support the UAE government’s nationwide COVID-19 vaccination program • Free COVID-19 vaccinations available from 10am to 7pm, Sunday to Thursday Abu Dhabi, United Arab Emirates; 23rd February 2021: Masdar, a global leader in sustainable innovation and development, and a subsidiary of Mubadala Investment Company, has announced the opening of a COVID-19 vaccin...
Installed renewable energy capacity in the United Arab Emirates will increase fourfold by the end of 2025, reaching 9 gigawatts, according to a report from research company Rystad Energy. Solar energy will largely drive this increase, with photovoltaic (PV) projects projected to reach 8.5GW over the next five years. Total installed capacity for renewables in the UAE amounted to 2.3GW at the end of last year, the Norway-based consultancy sai...
Masdar, parent company Mubadala Investment Company, and DTEK, Ukraine’s largest private power producer, have signed a strategic agreement to explore potential clean energy investments in Ukraine. The announcement was made following an official visit by His Excellency Volodymyr Zelensky, President of Ukraine, to Masdar City, Abu Dhabi’s sustainable urban development. Faris Al Mazrui, Head of Mubadala’s investment program in the ...
Masdar agreed last year to partner with EDF Renewables North America on a portfolio of eight energy projects, including wind, solar and battery storage assets Abu Dhabi, United Arab Emirates, and San Diego, United States; February 8, 2021: Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt (GW) clean-energy ...
ADSW welcomes royal addresses from H.R.H, Charles, The Prince of Wales and H.S.H Prince Albert II of Monaco, Head of State, Principality of Monaco Flagship ADSW Summit took place in the presence of HH Sheikh Hazza bin Zayed Al Nahyan, Vice President of the Abu Dhabi Executive Council ADSW featured more than 500 global leaders from government, business and technology Abu Dhabi, United Arab Emirates; January 24, 2021: Abu Dhabi Sustainability Week...
Abu Dhabi, United Arab Emirates, January 25, 2021: 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 s...
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. The inaugural meeting addressed the...
Abu Dhabi, United Arab Emirates; January 21, 2021: Masdar and EDF Renewables announced today that they have signed a strategic agreement to explore renewable energy opportunities in Israel and support the country’s clean-energy objectives. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar and Bruno Bensasson, EDF Group Senior Executive Vice-President Renewable Energies and Chairman and Chief Executive Officer of EDF Renewab...
Abu Dhabi, United Arab Emirates, January 21, 2021: Masdar, one of the world’s leading renewable energy companies, and China Gezhouba Group International Engineering Company (CGGC INTL), announced today that they have signed a Memorandum of Understanding (MoU) to explore potential areas of collaboration on renewable energy projects worldwide. The MoU was signed at a virtual ceremony today, as part of Abu Dhabi Sustainability Week (ADS...
Dubai, UAE, January 21, 2021: Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, has signed an agreement with Masdar, Abu Dhabi Future Energy Company, to work on initiatives aimed at supporting investment in renewable projects that will contribute to reducing carbon emissions. In a Memorandum of Understanding (MoU) signed by Massimo Falcioni, CEO of ECI, and Mohamed Jameel Al Ramahi, CEO of Masdar—the ...
Abu Dhabi, United Arab Emirates, January 21, 2021: Emirates Waste to Energy Company, a joint venture between Bee’ah, the Middle East’s fastest-growing environmental management company, and Masdar, one of the world’s leading renewable energy companies, will undertake a pioneering project to develop Bee’ah’s landfill into a solar farm — the first of its kind in the UAE. The agreement was announced jointly by Kha...
Masdar has released its 2020 Annual Sustainability Report that revealed it more than doubled its clean energy capacity over two years to generate enough electricity to power over four million homes. The capacity of the renewable energy projects that Masdar is a partner in has risen to over 10.7 GW in 2020 from 4 GW in 2019, with the company’s global operating clean energy portfolio displacing close to 6.5 million metric tons of CO2 annually...
• Sustainable real estate investment trust (REIT) established at Abu Dhabi Global Market under the first private REIT regime in MENA • The Masdar Green REIT has received approval to commence activities from ADGM’s Financial Services Regulatory Authority (FSRA) Abu Dhabi, United Arab Emirates; 20 January 2021: Masdar, a subsidiary of Mubadala Investment Company and a pioneer in sustainable urban development, has partnered with Emi...
Abu Dhabi, United Arab Emirates, January 19, 2021: In the presence of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice President of the Abu Dhabi Executive Council, the Abu Dhabi Sustainability Week Summit got underway this morning as part of ADSW 2021, the global platform for accelerating the pace of sustainable development. Hosted by Masdar, the event is being held virtually this year due to restriction in place to manage the COVID-19 pandem...
Abu Dhabi, United Arab Emirates, January 18, 2021: Masdar, one of the world’s leading renewable energy companies, and Taaleri SolarWind II Fund, which invests in utility-scale wind and solar assets, have together acquired 50:50 stakes in two wind farms in Poland. The 37.4 megawatt (MW) Mlawa Wind Farm is located in Mazowieckie in northern Poland and the 14 MW Grajewo Wind Farm is located in Podlaskie, in the north-east. Construction on both...
• Abu Dhabi Department of Energy, Masdar, Etihad Airways, Lufthansa Group, Khalifa University of Science and Technology, Siemens Energy and Marubeni Corporation sign Memorandum of Understanding to collaborate on developing clean hydrogen fuels • Organizations aim to establish demonstrator plant at Masdar City for green hydrogen and sustainable fuel/e-kerosene production Abu Dhabi,...
Masdar, host of Abu Dhabi Sustainability Week (ADSW), today announced that TAQA Group (Abu Dhabi National Energy Company PJSC) will support the global platform for accelerating sustainable development as ADSW’s Energy Sector Partner. The partnership with TAQA will support ADSW’s initiatives and events, which are bringing global leaders together virtually from 18 – 21 January 2021, to engage in dialogue and take action to advance...
Reimagined ADSW 2021 comprises high-level virtual events including ADSW Summit, IRENA Assembly, Abu Dhabi Sustainable Finance Forum, Atlantic Council Global Energy Forum, Youth 4 Sustainability Virtual Forums and World Future Energy Summit Webinars Global leaders from policy, industry and technology to explore social, economic and technological opportunities for delivering a green recovery Abu Dhabi, United Arab Emirates; January 16, 20...
Abu Dhabi, United Arab Emirates, January 14, 2021: Some of Abu Dhabi’s most iconic buildings were lit up in green and with the Abu Dhabi Sustainability Week logo, to mark the launch of the week’s activities. ADSW, the global platform for accelerating sustainable development, hosted by Masdar, will be held from 18 to 21 January 2021 and reimagined virtually. The Wind Tower and Siemens headquarters located in Masdar City, ADNOC’s...
The UAE’s second Nationally Determined Contribution under the Paris Agreement highlights that the country is committed to a sustainable future not only for itself but “for the entire world,” Yousif Al Ali, Executive Director, Masdar Clean Energy, said at the Gulf Intelligence Global UAE Energy Forum. In December, the UAE committed to reducing greenhouse gas emissions for the year 2030 by 23.5 percent, relative to the &lsqu...
Hosted by Masdar, the Youth for Sustainability (Y4S) Virtual Forum will see a three-day event aimed at exploring ways for young people to play an active role in leading the green recovery and reimagining skills for a sustainable future. The forum will provide a unique opportunity to hear from government leaders, industry experts, young innovators and social entrepreneurs Abu Dhabi, United Arab Emirates; January 12, 2021: Masdar, one of ...
Visitors to Masdar City in Abu Dhabi can now take self-guided tours of the community with the newly launched interactive Masdar City Mobile application, which is available for download from the Apple App Store and the Google Play Store. The new app gives users the opportunity to explore the pioneering sustainable urban development via features such as self-guided tours of the City’s unique sustainable architecture, design and transport syst...
Abu Dhabi, United Arab Emirates; 07, 2020: Masdar, host of Abu Dhabi Sustainability Week (ADSW), today announced that Abu Dhabi’s Department of Energy (DoE) will support the global platform for accelerating sustainable development as ADSW’s Principal Partner. The partnership with the DoE will support ADSW’s initiatives and events, which are bringing global leaders together virtually from 18 – 21 January 2021, to engage in ...
Masdar announced today that it maintained a positive trajectory over the course of 2020. Despite the challenges posed by the COVID-19 pandemic, through the year Masdar expanded its global footprint, increased the generation capacity of its portfolio, and added new tenants for Masdar City. Masdar entered a number of key strategic markets through the year, with the company now being active in more than 30 countries across the globe. Having pl...
Saudi Arabia’s first wind farm, Dumat Al Jandal, is set to transform the Kingdom’s renewable energy sector, attendees of the fourth Instagram Live series, Masdar Talks, heard. John Sitler, Manager, Bids at Masdar, was joined by Amaan Lafayette, CEO of NESMA Renewables Group who spoke about the development of the wind farm, which will be the largest in the Middle East upon completion. The development of the wind farm is an important ...
Masdar has announced the financial close of the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. Loan and guarantee agreements to finance the 100-megawatt photovoltaic plant were signed in a virtual ceremony with representatives from Masdar, Uzbekistan’s Ministry of Investments and Foreign Trade (MIFT), the International Finance Corporation (IFC), Asian Deve...
Masdar, one of the world’s leading renewable energy companies, and Taaleri SolarWind II Fund, which invests in utility-scale wind and solar assets, have together acquired 50:50 stakes in two wind farms in Poland. The 37.4 megawatt (MW) Mlawa Wind Farm is located in Mazowieckie in northern Poland and the 14 MW Grajewo Wind Farm is located in Podlaskie, in the north-east. Construction on both wind farms began in the second quarter of this yea...
Abu Dhabi National Energy Company (TAQA) and Masdar – alongside partners EDF and JinkoPower – announced today the successful financial closing of the Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project. The record-breaking project, located approximately 35 kilometers from Abu Dhabi city, will have a capacity of 2 gigawatts and supply power to the plant’s off-taker, Emirates Water and Electricity Com...
Science diplomacy is fundamental for furthering international cooperation, mitigating climate change and fulfilling the gender equality agenda, attendees of the third WiSER Wisdom Series heard. Hosted by the Women in Sustainability, Environment and Renewable Energy (WiSER) platform in collaboration with the Embassy of Canada to the UAE, the session saw HE Dr Nawal Al Hosany, the UAE’s Permanent Representative to the International Renewable ...
• Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar and Carlos Pascual, Senior Vice President for Global Energy at IHS Markit, participate in latest episode of ADSW Web Series, held in partnership with Atlantic Council Abu Dhabi, United Arab Emirates, December 20, 2020 – Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, was joined by Carlos Pascual, Senior Vice President for Global Energy at IHS Markit, during the...
The United Kingdom represents the largest share of Masdar’s investment portfolio outside the United Arab Emirates, the company’s Chief Executive Officer Mohamed Jameel Al Ramahi told UK lawmakers. Masdar has invested in renewable energy projects in the UK totaling almost £4 billion, with a combined capacity of over 1GW, Al Ramahi said during a webinar with Members of Parliament, including UK Energy Minister Kwasi Kwarteng...
Masdar and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project. The new company, PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was formally announced at a ceremony at the Cirata reservoir in West Java, where the project will b...
Held under the patronage of His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Youth 4 Sustainability (Y4S), one of Masdar’s strategic outreach initiatives, this week held an orientation for the 2021 cohort of the Sustainability Ambassadors program. Hosted virtually, the day-long event saw the members of the Y4S team introduce students to the objectives of the year-long program, which has been adapted to a fully digital format.&nbs...
• MENA Green Building Awards recognize outstanding work of private and public sector entities and green building and sustainability practitioners. • The accolade brings to 51 the number of awards won by the pioneering sustainable urban development to-date. Abu Dhabi, United Arab Emirates; 10, December, 2020: Masdar City’s Eco Residences 2 project, has been awarded the Middle East and North Africa (MENA) Green Building Projec...
The ADSW Summit, part of Abu Dhabi Sustainability Week, will explore the social, economic and technological opportunities for delivering a green recovery, bringing together global leaders from policy, industry and technology Hosted by Masdar, the virtual ADSW Summit will be held in partnership with the International Renewable Energy Agency (IRENA), Abu Dhabi Global Market and the Atlantic Council To ensure the safety of all participa...
HE Mariam bint Mohammed Saeed Hareb Almheiri, UAE Minister of State for Food and Water Security and HE Minister Cora van Nieuwenhuizen, Minister of Water and Infrastructure for the Netherlands meet virtually during 2nd episode of ADSW Web Series COVID-19 has tested the resilience of the global food supply network and intensified problems relating to water distribution, ministers from the UAE and the Netherlands said during the secon...
Masdar and Tribe Infrastructure Group, an infrastructure advisory and development firm, will strengthen their collaboration in the deployment of utility-scale energy-from-waste (EfW) projects by establishing a joint venture in Australia. The announcement was made by the Honorable Christopher Pyne, Former Australian Defence Minister, and His Excellency Abdullah Al Subousi, UAE Ambassador to Australia, alongside Mohamed Jameel Al Ramahi, Chie...
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, has been named Energy Business Leader of the Year by Gulf Business magazine in its annual awards event for the second time. Hosted virtually, the eighth edition of the Gulf Business Awards acknowledged leaders who piloted their companies successfully through the market uncertainty of the past year as well as organizations that innovated and disrupted the regional business landscape. Cr...
The Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s strategic outreach platforms, is proud to announce that the WiSER Pioneers Program is now accepting applications for its 2021 cohort. The year-long Pioneers Program offers young female professionals, aged 25 to 35, from around the world, access to bespoke educational workshops and global networking opportunities with industry experts, creating leader...
DUBAI, 24th November, 2020 (WAM) -- His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has inaugurated Dubai Electricity and Water Authority’s, DEWA’s, Innovation Centre and the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. With a planned total capacity of 5,000MW by 2030, the Park features an investment of AED50 ...
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. The US is already the world’s second-largest renewable energy producer, and represents the largest accessible market for renewables companies, Al Ramahi said on a panel session during the Reuters Events: Energy Transition North A...
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. Speaking at the tenth edition of Masdar Live, Xiao emphasized the importance of innovation and partnerships in accelerating efforts to combat the spread of the virus and develop solutions: “G42 is an AI technology company, homegrown in the UAE. Our...
Masdar City, Abu Dhabi’s flagship sustainable urban development, has partnered with Woods Bagot, a global architectural and consulting practice, to participate in a WGBC series, produced by BBC StoryWorks Commercial Productions, which will feature the International Renewable Energy Agency (IRENA) building as part of the ‘Building A Better Future’ series. The series, which was produced by BBC StoryWorks Commercial Productio...
A green transition will require the cooperation of all sectors, the reskilling of workers and the continued deployment of renewables, Ahmed Baghoum, Executive Director, Human Capital and Services, Masdar, said during a virtual panel organized by the EU-GCC Business Council. The webinar explored the findings of the T20 Policy Brief, which outlines recommendations on how governments can support the private sector to deliver economic growth, create ...
The latest edition of Masdar Talks highlighted the importance of sustainable transportation solutions for cities during a discussion on Masdar City’s mobility network and it’s NAVYA Autonom Shuttle. Stephen Severance, Head of Program Management and Marketing in Masdar’s Sustainable Real Estate division was joined by Jérôme Rigaud, Chief Operating Officer of French company NAVYA. The NAVYA Autonom ...
Masdar has participated in a webinar focussed on the importance of green construction practices in contributing toward a more sustainable future. Hosted by TENDERD, a technology start-up from Silicon Valley based in Dubai, the webinar was led by speakers H.E. Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, United Arab Emirates, Mr. Abdulla Balalaa, Acting Executive Director, Sustainable Real State at Masdar City, and Mr. Arjun Mohan, F...
“The leadership of the UAE has expressed a bold vision for sustainable development; through financial and technology innovation, we can accelerate our progress in realizing that vision for our country.” This was the central message of a keynote speech from Yousef Baselaib, Executive Director for Strategy and Corporate Development at Masdar, during a FinTech webinar about opportunities to invest in a greener urban landscape. The...
Masdar and First Abu Dhabi Bank (FAB) are celebrating the completion of an energy and water-saving retrofit project for an Abu Dhabi-based school for people of determination. The Future Rehabilitation Centre in Mohammed bin Zayed City is benefitting from energy reductions of over a third and water savings of nearly 30 percent as a direct result of the retrofit. Funds from a special co-branded, biodegradable credit card wer...
Ryse Energy, a global leader in renewable off-grid energy systems with over 4,000 installations across all seven continents, has moved to Masdar City, Abu Dhabi, to expand into new markets and capture the multi-billion dollar market opportunities represented in the off-grid energy space across the globe. Discussing Ryse Energy’s UAE growth plans, Alistair Munro, Founder & CEO, said: “Ryse Energy is a global leader in renewab...
The cost competitiveness of clean energy is accelerating the transition to clean energy, Yousif Al Ali, Executive Director, Clean Energy, stated during a keynote speech at the virtual Asian Clean Energy Summit, which took place last week. “Masdar has played a significant role in this process, having set a number of benchmarks for electricity tariffs and for new technical solutions that respond to specific energy needs of our clients,&...
Masdar’s Aysha Al Aydaroos, Head of Business Support, Clean Energy, has been selected as a winner of the Women in Renewables Asia Award 2020. Al Ayadroos was one of five ‘Distinguished Representatives’ selected for the third edition of the awards from a group of almost 100 nominations. Al Ayadroos was acknowledged for her efforts in establishing Masdar’s presence in Southeast Asia, which culminated in the current ong...
Masdar joined federal departments, ministries, and private-sector companies across the UAE to celebrate “Flag Day,” an annual event marking the anniversary of his Highness Sheikh Khalifa bin Zayed Al Nahyan becoming President in 2004. Flag Day symbolizes the love and loyalty the people of the UAE have to their homeland, and honors the nation’s leadership, which has placed the UAE and its people at the forefront of development ar...
Masdar is supporting its partner PT Pembangkitan Jawa-Bali (PJB) by sponsoring PJB Connect 2020, the virtual electricity exhibition and conference running from October 21 to October 28. Coinciding with PJB’s 25th anniversary, the event is both showcasing the power sector’s latest research and technology and hosting presentations from international experts under the theme ‘Spark your silver horizon’. Masdar is one of dozens...
Zayed Sustainability Prize finalist’s technology delivers a source of vital clean water to vulnerable communities Abu Dhabi, UAE – 26 October 2020 – Thousands of people across three Cambodian villages can now live safer, healthier lives following the deployment of new water purifying technology as part of the Zayed Sustainability Prize’s UAE-driven humanitarian initiative, 20by2020. After the most recent installation of s...
The Emirates Mars Mission Hope Probe has travelled over halfway to the red planet and has successfully completed the mid-flight testing of all of its equipment, Her Excellency Sarah Al Amiri, Minister of Advanced Technology and Chairperson of the UAE Space Agency said at a Masdar employee event today. The Hope Probe, which can travel at speeds in excess of 99,000 kilometers per hour, aims to reach Mars by February 2021 and will begin collec...
The importance of women‘s participation in corporate boards was the key topic of discussion during the latest WiSER Wisdom Series, where Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, CEO of Alliances for Global Sustainability and Deb Frodl, Founder and Chief Executive Officer DF Strategies and WiSER Advisory Council member, provided their insights. Organized by the Women in Sustainability, Environment and Renewable Energy (WiSER),...
Masdar has made its second investment in Australia after joining the Maryvale Energy from Waste (EfW) project in the state of Victoria as an equity partner. Tribe has also joined as an equity partner in the development of the EfW facility, Opal Australian Paper and SUEZ Australia and New Zealand announced this week, with ACCIONA being selected as the construction partner. ”We are delighted to partner with Masdar, Tribe and ACCIO...
The pace of transition to clean energy is accelerating, as cheaper prices for renewables helps to make emerging technologies like hydrogen more viable, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said on the opening day of MEA Energy Week, organized by Siemens Energy. “The direction of the energy sector has not changed – its speed of travel has simply increased,” AL Ramahi said in the first panel session of the virt...
Shams, one of the world’s largest concentrated solar power plants, remains a pillar of the UAE’s clean energy strategy, attendees of the second edition of the Masdar Talks Instagram Live series heard earlier today. Fatima Al Suwaidi, Senior Analyst, Development & Investment at Masdar spoke to Majed Al Awadhi, General Manager of Shams since 2018. The largest project of its kind in the world when inaugurated in 2013, the...
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. Speaking on the impact of COVID-19, Al Ali said that the sector is experiencing accelerated growth, despite the difficulties of the pandemic: “Renewable energy technology today, proposes a marginal cost...
Rooftop solar photovoltaic (PV) plant at the award-winning Warner Bros.™ World Abu Dhabi to be operational by Q4 2021 and will deliver nearly 40 percent of the theme park’s annual energy needs Warner Bros.™ World Abu Dhabi to be largest solar powered theme park in the GCC upon completion Rooftop solar could provide six percent of the United Arab Emirates’ total electricity generation by 2030 Abu Dhabi, United...
Masdar is a key partner for Siemens Energy’s MEA Energy Week virtual conference, designed to drive forward the sustainability and decarbonization agenda at a defining moment in the energy industry. With the long-term impacts of COVID-19-19 and a fundamental shift in energy markets still being realized, the event, entitled ‘Shaping the Energy of Tomorrow,’ will help the energy industry to collaborate to realize a fut...
The UAE is leading the Arab region and making considerable progress in the space sector, members of the Youth 4 Sustainability (Y4S) platform heard during a series of virtual workshops and lectures focused on the space industry last week. Young people enrolled in Y4S’s Future Sustainability Leaders program had the opportunity to attend sessions at the Global Aerospace Summit, hosted by Mubadala and EDGE on September 28 and 29, to learn abou...
The UAE-Caribbean Renewable Energy Fund has announced the start of construction for a hurricane-resistant clean energy plant in Antigua and Barbuda to help the twin-island nation recover from the devastating effects of Hurricane Irma in 2017. The US$50 million Fund, the largest renewable energy investment of its type in the region, is the result of a partnership between the UAE Ministry of Foreign Affairs and International Cooperation (MoFA...
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. Speaking at the NEST Summit during Climate Week NYC 2020, Al Ali also discussed Masdar’s growing global footprint including its second strategic investment in the US with EDF Renewables, a 50 percent stake in a 1.6-gigawatt (GW) clean energy portfoli...
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. The agency estimates US$2 trillion needs to be invested in energy transformation each year in the “recovery phase” from 2021 to 2023, Francesc...
Masdar, Abu Dhabi’s renewable energy company, has acquired ib vogt GmbH’s shareholding in the 64.1 MWp “Infinity 50” photovoltaic project in Benban, Egypt. Masdar and ib vogt have additionally signed agreements of intent concerning the purchase of ib vogt’s shareholdings in three more solar parks also located in the Benban solar complex, which have a combined volume of 166.5 MWp. The Infinity 50 solar plant, inaugura...
The UAE is well-positioned to produce hydrogen sustainably, participants of the Sustainable Aviation Fuels Initiative for the United Arab Emirates (SAFI-UAE) webinar series heard. Masdar, one of the supporting sponsors of the series organized by Khalifa University, participated in a session on “Regional constraints and opportunities for the production of sustainable aviation fuel”. Dr. Faye Al Hersh, Technology Specialist and part of ...
Artificial Intelligence will provide job opportunities and help people rather than compete with them, participants of a Youth 4 Sustainability (Y4S) workshop heard last week. The workshop, hosted by Y4S, one of Masdar’s strategic initiatives, explored the concept of Artificial Intelligence (AI), how the UAE is applying the technology and applications of AI in future employment. Attended by over 120 participants from Y4S’s member...
Sustainable lighting solutions to enhance community infrastructure – bringing a range of social, economic, and environmental benefits Abu Dhabi, UAE – 17 September 2020 – The Zayed Sustainability Prize has announced that solar-powered lighting solutions developed by one of its previous winners have been installed in the Egyptian village of Habisha, in the Asyut Governorate – as the latest deployment from the UAE-driven hu...
Solar and wind power accounted for over two-thirds of the 265GW of new capacity installed worldwide in 2019, up from less than a quarter of new build in 2010, according to data from BloombergNEF. Photovoltaics (PV) topped all other technologies in new-build terms, with a record 118 gigawatts constructed, and was the most popular technology deployed in a third of nations, the research company said. In all, 81 countries built at least 1 megawatt of...
• Abu Dhabi Sustainable Finance Forum and other high-level ADSW events set to take place virtually in January • Full physical program of ADSW postponed until 2022 to ensure the safety and well-being of all participants Abu Dhabi, United Arab Emirates; September 9, 2020: Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, has been reimagined as a virtual event for 2...
Renewable energy has exhibited resilience, compared to other parts of the energy sector despite the impact of COVID-19, and women will see increased opportunities as the sector sees a digital transformation, guests of the inaugural session of the WiSER Wisdom Series webinar heard last week. Organized by the Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s strategic outreach platforms, the newly launch...
While nations will ultimately recover from the COVID-19 pandemic, addressing the climate crisis will require more far-reaching social and economic change, Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said in a keynote speech at the Global Manufacturing and Industralisation Summit. “We knew before the pandemic that substantially more investment was needed to decarbonize our economies sufficiently to limit the increase ...
Alya Al Naqbi, Interface and Project Control Manager at Masdar, highlighted the power of resilience and shared her extensive experience in the energy sector in an interview with Kul Al Usra magazine, an Arabic-language lifestyle magazine. Published on the occasion of Emirati Women’s Day, the interview covered Al Naqbi’s work on prominent regional projects, the challenges she has faced in her career so far, and the importance of female...
The COVID-19 pandemic is deepening gender parity issues, and that could lead to bigger problems for countries trying to rebuild their economies in the wake of the crisis, writes Dr Lamya Nawaf Fawwaz, Executive Director for Brand & Strategic Initiatives at Masdar As countries around the world begin to ease self-imposed restrictions to contain the spread of COVID-19, they face a new challenge: reviving their economies and societies, while atte...
The seventh edition of Masdar Live saw His Excellency Suhail Al Mazrouei, Minister of Energy and Infrastructure, share his insights about the current fossil fuel economy and his hopes for the energy economy of the future. During his 15-minute address to Masdar employees, HE focused his discussion on the UAE National Energy Strategy 2050, which calls for a diversification of the UAE’s energy mix and less reliance on fossil fuels: &ld...
Women in the United Arab Emirates are helping drive the country toward a more sustainable future, with female leadership and talent set to play a “transformative role” in the achievement of its sustainability goals, according to a new report from the US-UAE Business Council. Masdar and the Women in Sustainability, Environment and Renewable Energy (WiSER), a strategic outreach initiative, contributed to the report, Women in Susta...
Emirati Women’s Day is being held this year under the theme “Preparing for the next 50 years: Women are the support of the nation” – capturing the importance women now command across Emirati society. Women not only hold almost a third of cabinet posts in the UAE government, they are increasingly driving the private sector. There are now more than 21,000 women employers in the UAE, according to local researchers, and ...
Masdar has participated in the UAE-China Investment Opportunities Webinar, a virtual event organized by the UAE Embassy in Beijing, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), and the Abu Dhabi Investment Office (ADIO). Abdulla Balalaa, Director Sustainable Real Estate and Investment Management, Masdar City, gave a presentation on sustainable cities, highlighting how Masdar City has set ...
The COVID-19 pandemic gives Caribbean countries a historic opportunity to “recover better” and accelerate their clean-energy transition to deliver long-term economic growth and create new jobs, according to a report by Sustainable Energy for All (SEforALL). According to The Recover Better with Sustainable Energy Guide for Caribbean Countries, the Caribbean region should utilize the pandemic response to support its transition fro...
Swedish energy storage company Azelio has signed an agreement with ALEC Energy to prepare and set-up an installation site in Masdar City to evaluate Azelio’s technology for inclusion in the Masdar project portfolio. Azelio announced last September that it was partnering with Masdar, one of the world’s leading renewable energy companies, and Khalifa University of Science and Technology to run the verification project. The project aims ...
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. Under the terms of the agreement, Masdar has acquired a 50 percent interest in three utility-scale wind farms in Nebraska and Texas totalling 815 megawatts (MW), and five photovoltaic (PV) solar projects in California – two of wh...
Masdar’s Youth 4 Sustainability strategic initiative is participating in workshop programs led by the UAE’s Ministry of Education and Ministry of Culture and Youth and Abu Dhabi’s Department of Education and Knowledge. Part of a schedule of summer activities, the sustainability-themed workshops are free to attend and are aimed at 15-35 year-olds, including high school and university students, as well as young profess...
Masdar’s Youth 4 Sustainability (Y4S) initiative has completed its participation in the UAE Ministry of Education’s Game Changers Sustainability Program, a series of online workshops under the Ministry’s Estedad National Ambassadors Programme. “We believe that with the proper tools, knowledge and support, young people can be the positive force that our world needs to flourish,” Ahmed Baghoum, Executive Director...
The Women in Sustainability, Environment and Renewable Energy (WiSER), one of Masdar’s outreach programs, held an event for the WiSER Pioneers, during which the Pioneers responded to the ten key findings outlined in the white paper, “Artificial Intelligence + Gender Equality: A WiSER Perspective.” The key findings, which include starts from home, better support in education, provide mentoring, enhance vocational training, develo...
Consortium led by EDF Renewables in partnership with Masdar delivering the 400MW Dumat Al Jandal project in Saudi Arabia, with key contractors Vestas, TSK and Al Babtain Contracting Company Commercial operation of the plant is expected to start in 2022 Riyadh, Saudi Arabia; July 29, 2020: The 400-megawatt (MW) Dumat Al Jandal utility-scale wind farm in Saudi Arabia that is being developed by a consortium led by EDF Renewables in partner...
Abu Dhabi’s sustainable development hub continues to attract new businesses, despite COVID-19 pandemic, as tenants benefit from its positioning as an innovation hub and Free Zone support While the COVID-19 pandemic has undoubtedly impacted business across the region, Masdar City, Abu Dhabi’s flagship sustainable development, continues to attract new companies. Throughout the peak months of the pandemic, Masdar City Free Zone doubled ...
The Emirates Water and Electricity Company (EWEC) has announced the award for the development of the world’s largest solar power plant. The project was awarded to a consortium led by Abu Dhabi National Energy Company (TAQA) and Masdar, with partners EDF and JinkoPower, to develop the 2 GW Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project, which will be located approximately 35 kilometers from Abu Dhabi city. The pro...
Members of the Sustainability Ambassadors, part of Youth 4 Sustainability, one of Masdar’s strategic initiatives, have placed first in the CovHack Innovation Challenge, a virtual hackathon engaging young people in finding viable solutions for food security post-COVID-19. The hackathon, held over nearly three months, challenged participants to come up with innovative ways to build a resilient local and global food supply chain, exploring how...
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. Wh...
‘Wonder material’ graphene has the potential to advance sustainability across all sectors of the market, James Baker, Chief Executive Officer of Graphene@Manchester, told Masdar employees during a live virtual event earlier this week. Following its isolation in 2004 by two University of Manchester scientists – Professor Andre Geim and Professor Kostya Novoselov – graphene has been identified as the world’s “thi...
The UAE’s Hope Probe, the first Arab interplanetary mission to Mars, has successfully sent its first transmission from space, according to the UAE Space Agency and Mohammed bin Rashid Space Centre. The Hope Probe blasted off from Japan’s Tanegashima Space Centre at 01:58am UAE time on Monday, and was successfully released from its rocket at 02:55am, before its solar panels were turned on and set to face the sun. The first transmissio...
Financing for the East Rockingham Waste to Energy facility, Australia’s second utility-scale waste-to-energy facility, has been named as the Asia-Pacific waste deal of the 2019 calendar year by IJ Global, a leading publication for the energy and infrastructure market. Financial close on the A$511 million greenfield project, located in the Rockingham Industry Zone, south of Perth in Western Australia, was achieved on December 23...
The energy mix will need to shift toward clean-energy sources as countries look to deliver sustainable recovery post-COVID-19, Masdar Chief Executive Officer Mohamed Al Ramahi said at the first Siemens Energy Middle East Partner Day. “We believe we are at a pivotal moment as we look to reboot economies and accelerate the clean energy transition and move to a more sustainable future – a move made more pressing due to COVID-19,&rd...
Masdar’s involvement in international projects is helping the company to develop local knowledge and experience, and support the UAE’s diversification efforts, Chief Executive Officer Mohamed Jameel Al Ramahi told MEES. “The aim is to build local talent and R&D capabilities, develop innovative industry solutions and help solidify the UAE’s position as hub for renewable energy and clean-tech industries,” he said ...
The Abu Dhabi Investment Office (ADIO) has made agreements with agricultural technology companies, including Madar Farms, to deliver research and development and food production facilities in the emirate, Bloomberg reported. Authorities invested US$100 million in the companies, which also include AeroFarms and RNZ, as they look to build vertical farms to secure supply chains in reaction to the COVID-19 pandemic, the news organization said. UAE-b...
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. Recent data from the Environment Agency Abu Dhabi indi...
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. While the pandemic has led to project delays across the sector, renewable energy has continued its progress this year, Al Ali told the research firm in an online interview, as pricing is competitive. &ldq...
The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier future,” His Excellency said. “Through linking gove...
Abu Dhabi, UAE, July 1, 2020: A flag-raising ceremony at Masdar City this morning marked the brand launch of Siemens Energy in the region. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, one of the world’s leading renewable energy companies, attended the ceremony hosted by Dietmar Siersdorfer, Chief Executive Officer of Siemens Energy Middle East and UAE. Siemens Energy is a pure-play energy-focused company, committed to makin...
Y4S initiative aims to equip high-school and university students with the skills, expertise and tools they need to advance their knowledge and pursue careers in the sustainability sector, through workshops, education sessions and hands-on experience in the industry. Since its establishment, the UAE has made pioneering efforts to empower and nurture youth, to support the development of society and the economy, and to safeguard the nation’s ...
The UAE has climbed 35 places in the biannual Environmental Performance Index (EPI), a sustainability report that evaluates the environmental performance of 180 countries. A joint initiative between the US-based Yale and Columbia universities, the 2020 Environmental Performance Index ranked the UAE at number 42, up from 77 in 2018 and 92 in 2016. European nations dominated the top 10, with Denmark coming in at number one, followed by Luxembourg, ...
Masdar City has been at the center of Abu Dhabi efforts to manage the COVID-19 pandemic, Oxford Business Group reported, with a high-volume security testing facility being built in the sustainable development in just two weeks. The facility, the first of its kind outside China, has the capacity to diagnose thousands of tests per day, the research firm said, in an article highlighting how digital infrastructure has been deployed around the world ...
Masdar looks to global partnerships to drive renewable energy, executive director tells Euronews Masdar is working with global partners to make renewable energy more competitive with conventional sources, and to increase its own in-house expertise, Masdar Clean Energy’s executive director, Yousif Al Ali, told Euronews. Masdar today is active in more than 30 countries around the world, working on renewable energy projects that have a t...
Masdar today hosted the third edition of Masdar Live, a virtual town hall event for employees. Today’s event featured Khaled Abdulla Al Qubaisi, Chief Executive Officer, Aerospace, Renewables & Information Communications Technology (ICT) at Mubadala, who updated employees on activities across the platform, reflected on the year so far and looked ahead towards the future. Masdar CEO Mohamed Jameel Al Ramahi began the session by thanking ...
Masdar City is dedicated to supporting its partners and tenants with a range of solutions to ensure their safety and well-being during the COVID-19 pandemic, says Yousef Baselaib, Executive Director, Sustainable Real Estate. Speaking during a video interview for Masdar’s #WeAreDedicated campaign, Baselaib reiterates that Masdar City’s priority is to support the measures the UAE government is taking to contain the spread of the virus, ...
Masdar has demonstrated its continued commitment to sustainability and corporate governance best practice with its latest sustainability report, which has been certified to Global Reporting Initiative (GRI) standards and is now available on the Masdar website. The report highlights Masdar’s contribution to sustainability across the world. In 2019, Masdar’s utility-scale Clean Energy projects were responsible for displacing appro...
Masdar has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500-megawatt utility-scale wind farm project. The Power Purchase Agreement (PPA) and Investment Agreement was signed by Sardor Umurzakov, Deputy Prime Minister and Minister of Investments and Foreign Trade, Dadajon Isakulov, Chairman of JSC National El...
Masdar is dedicated to a low-carbon recovery post-COVID-19, according to Yousif Al Ali, Executive Director, Clean Energy. As a global renewable energy leader active in more than 30 countries, Masdar is taking steps to ensure business continuity and the supply of vital clean energy to the communities that rely on our clean power, enabling them to stay safe and stay at home, Al Ali adds. Speaking during a video interview for the #WeAreDedicated cam...
Zainab Al Ali, Senior Manager, Outreach and Stakeholder Relations, has emphasized the importance of empowering youth through Masdar’s innovative Youth 4 Sustainability (Y4S) platforms, which have been adapted to a fully virtual digital environment during the COVID-19 pandemic. Speaking during a video interview for Masdar’s #WeAreDedicated campaign, Al Ali adds that Y4S’s priority is the health and well-being of its youth, ...
Masdar, Emirates Global Aluminium, Bee’ah, and DP World today announced the launch of the Vital Industry COVID-19 Task Force, a coalition of industrial companies operating across the United Arab Emirates, to share best practices on the management of the global pandemic. The Task Force brings together senior health and safety executives managing the COVID-19 response at companies that have continued core operations throughout the pandemic to...
Masdar’s ‘Women in Sustainability, Environment and Renewable Energy’ (WiSER) strategic initiative has produced a white paper on artificial intelligence and its impact on gender parity in the sustainability sector. The paper builds on discussions held during the 2020 WiSER Forum, one of the key events of Abu Dhabi Sustainability Week. More than 100 people, including government ministers, senior business leaders, technical ...
Held under the patronage of His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Youth 4 Sustainability (Y4S), one of Masdar’s strategic initiatives, is now accepting applications for both of its year-long youth programs, Sustainability Ambassadors and Future Sustainability Leaders. The structured programs combine training with real-world experience empowering students and young professionals to carry forward the sustainability agend...
Masdar has helped to make clean energy as competitive as conventional power sources, and is pioneering new technologies, including hydrogen and battery storage, Chief Executive Officer Mohamed Jameel Al Ramahi told Wired. “When we started, renewable energy was considered to be an expensive way of generating power. We’re not alone, but [we’ve helped] progress the penetration of clean technologies and also a reduction in the...
As a pioneer in sustainability solutions and a leader in sustainable urban development, Masdar is fully committed to supporting World Environment Day, which is being celebrated across the globe today, June 5. First held in 1974, World Environment Day is the United Nations’ principal vehicle for encouraging awareness and action for the protection of our environment. World Environment Day urges us to rethink how our economic systems have evo...
Since the first COVID-19 cases were reported in Abu Dhabi in late January, Masdar City, the low-carbon, sustainable community built around renewable energy champion Masdar has taken on a new role – supporting the UAE’s response to the pandemic. The UAE chose the 600-hectare stretch of sustainable architecture and energy efficient planning to house a high-volume COVID-19 testing centre, the first of its kind outside China, with the cap...
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). The downward trend is accelerating this year, the agency said, with recent record-low prices being set at auctions in the UAE, Saudi Arabia, Chile, Mexico, Pe...
As the world continues to fight the COVID-19 pandemic, Masdar's priority is the health and well-being of our people and the communities we serve in the UAE and around the world. As a global renewable energy leader active in more than 30 countries, Masdar is taking every step to ensure business continuity and the supply of vital clean energy to the communities that rely on our power, enabling them to stay safe and stay home during these challengin...
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. The research, conducted in collaboration with the International Energy Agency (IEA), covered listed companies in the US, UK, Germany and France, and indicates that renewable energy stocks offered both significantly higher returns and lower annuali...
Masdar’s Youth 4 Sustainability platform, in collaboration with Krypto Labs and The Catalyst, have launched a month-long boot camp, titled ‘Pitch It to Win It’ covering the basics of entrepreneurship. Members of the Future Sustainability Leaders program, a structured year-long training program for youth aged 18 to 35, will be taking part in the boot camp, which will prepare them for the next Ecothon+ competition, challenging pa...
The global COVID-19 pandemic has intensified the threat of food security worldwide, with the United Nations World Food Programme (UN WFP) forecasting that more than a quarter of a billion people will face food poverty by the end of 2020. According to the UN WFP’s Global Report on Food Crises, released in April, 135 million people already face food poverty, with Africa and the Middle East at greater risk. Currently, there are 73 million food...
As part of the UAE humanitarian initiative, ‘20by2020’, the Zayed Sustainability Prize announced that Prince Hamzah Hospital in the Jordanian capital Amman has deployed sustainable lighting solutions. The hospital is currently treating the largest number of COVID-19 patients in the country. Sunna Design, the Zayed Sustainability Prize 2018 winner under the ‘Energy category’ and a France-based SME, is installing high-perfor...
The dramatic drops in air pollution caused by restrictions imposed due to the COVID-19 pandemic could help boost the UAE’s solar power generation, with a number of countries in Europe having already posted record outputs. “With flights grounded, schools and universities closed and many people working from home, this has resulted in less air traffic and cars on the road and has led to fewer pollutants in the air,” said Yousif Al...
Innovate4Good (I4G), an impact start-up platform, is inviting start-ups, entrepreneurs and other change makers from the MENA region and beyond to register for the CovHack Virtual Innovation Challenge. Running under the theme ‘Circular Economy for Food,’ the challenge aims to discover innovative ways of building resilience in local and global food supply chains in a post COVID-19 world. The challenge is being held in collaboratio...
ADQ, one of the region’s largest holding companies with a diverse portfolio spanning key sectors of Abu Dhabi’s non-oil economy, has launched an AED1.1billion venture fund that will help early-stage businesses set up global or regional headquarters in Masdar City. The Alpha Wave Incubation (AWI) Fund, located at Abu Dhabi Global Market (ADGM), will target start-ups in India and Southeast Asia, giving them the opportunity to base...
Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi, is featured in a VIP interview with The Business Year, where he outlines the role Masdar’s establishment has played in Abu Dhabi's diversification strategy, both for its energy mix and the economy. “While Masdar's main objective is to reduce our reliance on fossil fuel power generation, it is also contributing to diversifying the economy,” Al Ramahi told the global ...
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). The renewable sector “has so far been the energy source most resilient to COVID-19 lockdown measures,” the agency said in its Global Energy Review, with global use of renewable energy increasing ...
Technological advances and a more attractive risk profile for renewable energy investments is driving the advance of the sector, Fawaz Al Muharrami, Director, Delivery, Bids and Supply Chain, Masdar Clean Energy, said in a wide-ranging video interview with Energy & Utilities. The renewables sector has changed “dramatically” over the past decade, Al Muharrami told the platform, with the cost for installing photovoltaic solar ...
To celebrate and reflect on Masdar’s 14-year anniversary, Masdar CEO Mohamed Jameel Al Ramahi welcomed His Excellency Dr Sultan Ahmed Al Jaber, Masdar Chairman and Founding CEO, to deliver an address during the company’s second-ever Masdar Live virtual event, which took place yesterday. Welcoming the 250 Masdar employees and consultants who joined the event, Mr Al Ramahi reflected on the company’s pioneering journey over the pas...
Masdar, Abu Dhabi Future Energy Company, is celebrating 14 years of leadership in the sustainability sector, having been founded in April 2006 to make sustainability solutions commercially viable. Since 2006, Masdar has invested in renewable energy projects with a combined value of US$13.5 billion, and today the company is active in more than 30 countries across the world, with projects with a combined capacity of over 5 GW in operation or ...
Masdar Energy UK, a wholly owned subsidiary of Masdar, has refinanced its stake in the London Array project. The refinanced debt totalled approximately GBP466 million in commercial bank debt, maturing in December 2032. Original financing for the project closed in October 2013. One of the largest off-shore wind projects in the world, London Array first began producing power in 2012. The project is a joint venture between renewable energy compani...
Masdar has announced that the second phase of its Etihad Eco-Residence project has been awarded Platinum certification, the highest ranking under the Leadership in Energy and Environmental Design (LEED) system. The mixed-use development comprises 878 residential units, located across nine low-rise high-performance buildings. Phase one of the development, which was launched in 2018, was the first purpose-built cabin crew accommodation ...
Masdar, a global leader in sustainability, and the Abdulla Al Ghurair Foundation for Education (AGFE), a leading private philanthropic organisation focused on education, have signed a Memorandum of Understanding (MoU) to collaborate on using their respective youth platforms to advance the development of young people in the UAE. His Excellency Abdul Aziz Al Ghurair, Chairman of the Board of Trustees of AGFE, and Mohamed Jameel Al Rama...
Youth 4 Sustainability (Y4S), one of Masdar’s strategic initiatives dedicated to the education, empowerment and engagement of youth, held their first virtual workshop as part of the Future Sustainability Leaders program. The workshop was attended by nearly 50 participants, who had the opportunity to engage with the presenters throughout the session, ask questions and interact with one another. The workshop, titled Cooling 101, served as a v...
The economic case for renewable energy is “stronger than ever” and the UAE and other GCC states are particularly well placed to achieve “ambitious” clean-energy targets, Yousif Al Ali, executive director at Masdar Clean Energy, said in an interview with Gulf Business. “Thankfully, technology advances, economies of scale and a more attractive risk profile for renewable energy investments are all making the economic ca...
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. The renewable energy sector added 176 GW of generating capacity globally last year, with solar expanding by 98 GW, and wind adding almost 60 GW, according to IRENA’s annual Renewable Capa...
Humanity has “nothing to fear” from the spread of artificial intelligence (AI) and the onset of the Fourth Industrial Revolution, and its development will ultimately be beneficial for women, according to His Excellency Dr Armen Sarkissian, the President of the Republic of Armenia. “AI and humans will co-exist, not compete, and AI will serve us, not the other way round,” Dr Sarkissian wrote this month in Al Ittihad an...
Masdar has been named by Forbes Middle East in its inaugural list of the 15 most sustainable companies in the region. The list, which is ranked alphabetically, focuses on the “biggest companies that are making significant efforts to become more sustainable”. The list was compiled using the criteria of environmental impact, such as contributing to emission reductions, and metrics achieved, the financial sustainability of the init...
Partners are key to Masdar’s strategy, Chief Executive Officer Mohamed Jameel Al Ramahi said in an interview with Gulf Intelligence. Masdar is active in more than 30 countries, and the company’s objective is to always work with partners, either in the public or private sector, the CEO said. “As a global leader, we have all the required expertise,” Al Ramahi said in the interview. “But partners are part of our s...
Shams, one of the world’s largest concentrated solar power plants (CSP), celebrated its 7th anniversary on March 17. Since its inauguration in 2013, Shams has generated a total of 1,500 gigawatts and displaced around 1,225,000 tonnes of C0₂. Operated by Shams Power Company, which is owned by Masdar, Total and Abu Dhabi Pension Fund, Shams has played a key role in helping to shape the renewable energy sector in the region. The pi...
Masdar has welcomed the decision by the Environment Agency – Abu Dhabi (EAD) to ban the use of single-use plastic in Abu Dhabi by 2021. In an announcement carried on WAM earlier this month, the EAD said the aim of the new policy, which will be implemented over the next two years (2020-21), was to reduce the amount of single-use plastic material and mitigate its harmful effects. The policy, the first of its kind in the region, is designed t...
Masdar celebrated the achievements and success of all its female employees on International Women’s Day – a global event to mark the social, economic, cultural and political achievements of women around the world. Taking place under the theme Each for Equal, this year’s event aims to help forge a gender equal world, celebrating women’s achievements and increasing visibility, while encouraging everyone to call out inequalit...
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, has received a coveted award normally reserved for leaders of the oil & gas industry. Recognising his personal legacy in advancing the clean energy transition while reflecting the increasing alignment between the conventional and renewable energy sectors in the fight against climate change, Al Ramahi collected the Gulf Intelligence International Energy Diplomacy Person of the...
Masdar, in collaboration with The National newspaper, has released a new report, titled People and spaces: the role of urban green spaces in cultivating innovation, sustainability and health and well-being in Arab cities. The report sheds new light on why public spaces must have their proper place in the urban planning process if the transformation of Arab towns and cities is to achieve lasting benefits for the mind, body and planet. The results...
Masdar’s Chief Financial Officer, Niall Hannigan, joined more than 1,000 global thought leaders, government officials and business leaders at the recent Milken Institute’s 2020 Middle East and Africa Summit in Abu Dhabi. The two-day event, held from February 11-12, featured a range of speakers including Mariam Almheiri, UAE Minister of State for Food Security, Khaldoon al Mubarak, Chief Executive Officer of Mubadala Investment Compan...
Yousif Al Ali, Executive Director of Clean Energy at Masdar, participated in a panel at this month’s high-level Renewable Energy Outlook Conference for Turkey and the broader region. Organised by the Atlantic Council and the European Bank for Reconstruction and Development (EBRD), the conference, titled Renewable Energy Outlook: Financing, Investment, Regulation, and New Technologies in Turkey, Central Asia, Caucasus and the Western Balkans...
The World Urban Forum (WUF), a landmark international gathering that focuses on the future of urbanisation, recently held its 10th session in Abu Dhabi. Organised by UN-Habitat and attended by heads of state and delegates from around the world, WUF 10 is the first session to be held in an Arab country. The week-long event, which was held from February 8-13, explored the challenges we face in sustainable development, as well as engaged thought le...
The Sustainability Ambassadors programme, part of the Youth 4 Sustainability (Y4S) platform, hosted its second Ecothon competition of the year on February 12. The day-long event saw participants tackle a challenge about energy access in rural areas, focusing on a case study on the Maasai Village in rural Kenya. Groups of students were tasked with designing a solution to bring energy-access technology to the Maasai Village aimed ...
Masdar’s Executive Director for Brand and Strategic Initiatives, Dr Lamya N Fawwaz, participated in a panel discussion titled “Equality in the Energy Sector,” at the Global Women’s Forum Dubai (GWFD) hosted by the Dubai Women Establishment. Joining Fawwaz on the panel was Khawla Al Mehairi, Executive Vice President of Strategy and Government Communications at Dubai Electricity and Water Company (DEWA) and Valerie Lev...
One of our projects has received a prestigious regional award. Dumat Al Jandal (DAJ), the first wind farm in Saudi Arabia and the largest development of its kind in the Middle East, has won the Renewable Deal of the Year at the annual Project Finance International (PFI) Awards, in the Middle East and Africa category. The Renewable Deal of the Year category recognises a project that has demonstrated outstanding project financing. DAJ is a mon...
Abu Dhabi Sustainability Week (ADSW) 2020, the region’s largest sustainability gathering, has again achieved new milestones for attendance, participation and business deals. Held under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces, the opening ceremony at the Abu Dhabi National Exhibition Centre on January 13 was attended by ...
An expanded edition of The Festival will be held in Masdar City, bringing to a close Abu Dhabi Sustainability Week 2020 – the region’s largest event dedicated to sustainability. The three-day festival will be the inaugural event at Masdar City’s newest community facility, Central Park, and is taking place from Thursday, January 16, to Saturday, January 18. The fun-packed event is open to everyone, and members of th...
• Solar, hybrid battery and solar desalination projects are planned for the Dominican Republic, Haiti, Guyana, Grenada, Saint Kitts and Nevis, Trinidad and Tobago, and Suriname • Landmark projects aim to drive economic growth, gender equality, job creation and climate resilience Abu Dhabi, United Arab Emirates; January 15, 2020: The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered the second cycle of its three-year plan...
Three companies to benefit from mentorship, funding and offices space in Masdar City under new cycle of funding Funding cycle 1 company De L’Arta provides samples of products at ADSW 2020 Abu Dhabi, United Arab Emirates, January 17, 2020: The Catalyst, the sustainability-focused accelerator supported by Masdar and BP, has announced three new companies for its second cycle of funding, training and mentorship. The ...
• Joint venture company to also explore projects in the wider African continent Abu Dhabi, United Arab Emirates; January 16, 2020: 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. ...
The joint venture will explore and collaborate on opportunities in solar power generation and energy-efficiency projects Abu Dhabi, United Arab Emirates; January 16, 2020: Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and EDF Group, low-carbon electricity leader, have signed an agreement to establish a joint venture (JV) company dedicated to energy efficiency and distrib...
Sustainable real estate investment trust to be established at Abu Dhabi Global Market under the first private REIT regime in MENA Green REIT’s property portfolio will initially include four commercial properties in Masdar City, Abu Dhabi, covering 57,493 sqm of net leasable area, and with an initial valuation from AED 950 million (US$258.7 million) to AED 1 billion Abu Dhabi, United Arab Emirates; January 15, 2020: Masda...
Cepsa Masdar Renovables to focus on wind and solar photovoltaic (PV) energy projects in the Iberian Peninsula; aim is for an initial capacity of 500-600MW capacity Abu Dhabi, United Arab Emirates; January 15, 2020: Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and The Carlyle Group, today announced an agr...
MoU will allow investors to establish, expand business operations across free zones Companies to work together to support Abu Dhabi’s economic growth Abu Dhabi, United Arab Emirates; January 16, 2020 – Masdar, Abu Dhabi Future Energy Company, and Abu Dhabi Ports Company have signed a Memorandum of Understanding (MoU) to support the economic growth of the emirate of Abu Dhabi and achieve the objectives of the Abu Dhabi ...
Project marks Masdar’s entry into Southeast Asia market and will be company’s first floating solar PV plant Abu Dhabi, United Arab Emirates; January 15, 2020: 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. Dr Sulta...
• The Women in Sustainability, Environment and Renewable Energy platform has a mission to promote the inclusion of women within the sustainability sector. • The 2020 Forum, attended by dignitaries including H.E. Armen Sarkissian, President of Armenia, saw interesting discourse about the role that digitalisation and future technologies will play in empowering women. Abu Dhabi, United Arab Emirates; January 16, 2020: Masdar, one of ...
Masdar has made its first investment in Australia after acquiring a 40 per cent stake in the country’s second utility-scale waste-to-energy (WTE) facility. Masdar made the announcement during Abu Dhabi Sustainability Week (ADSW) 2020. Under the terms of the investment, Masdar and leading Abu Dhabi advisory and development firm Tribe Infrastructure Group have invested in the waste-to-energy project via their Abu Dhabi Global Market-ba...
Masdar has made its first investment in Australia after acquiring a 40 per cent stake in the country’s second utility-scale waste-to-energy (WTE) facility. Masdar made the announcement during Abu Dhabi Sustainability Week (ADSW) 2020. Under the terms of the investment, Masdar and leading Abu Dhabi advisory and development firm Tribe Infrastructure Group have invested in the waste-to-energy project via their Abu Dhabi Global Market-ba...
Global heads of state, senior UAE government and business leaders convene for launch of the largest sustainability gathering in the Middle East To align more closely with the UAE Vision 2021 and the UN’s SDGs, ADSW 2020 will address global sustainability challenges and opportunities under the six pillars of Energy and Climate Change, Water and Food, Future of Mobility, Space, Biotechnology in Health and Tech for Good Abu Dhabi, Un...
Masdar, one of the world’s leading renewable energy companies, has today signed an agreement with the Ministry of Energy of the Republic of Azerbaijan to design, finance, build and operate a 200-megawatt utility-scale solar photovoltaic (PV) project. In the presence of Ali Asadov, the Prime Minister of the Republic of Azerbaijan, the implementation agreement was signed today at a ceremony held in Baku, the capital of Azerbaijan, by Parviz ...
1,015 square metre artwork breaks Guinness World Record for mosaic made from recycled materials Mosaic represents evolution of the UAE – its past, present and future – and depicts key landmarks from all seven emirates Abu Dhabi, United Arab Emirates, 8th January 2020: Masdar City, Abu Dhabi’s flagship innovative and sustainable urban development, has officially broken the Guinness World Record for the world&rsquo...
ADSW 2020 to provide global platform for accelerating sustainable development; landmark event will host heads of state, government ministers, global business leaders and other key stakeholders in sustainability Gathering will mark launch of second edition of #WeAreCommitted campaign: a global call for community action on sustainability Abu Dhabi, January 6, 2020: 2020 should be the start of a ‘decade of action’ t...
As we prepare for the Masdar-hosted Abu Dhabi Sustainability Week, we look back on a year of impressive growth for Masdar and both its Clean Energy and Sustainable Real Estate portfolios. In 2019, Masdar secured its first major renewable energy project in Saudi Arabia, the Dumat Al Jandal wind farm, Saudi Arabia’s first and the Middle East’s largest wind project. In the process, we set a new record for the most competitively priced wi...
Baynouna Solar Park, Jordan’s largest solar energy project, has celebrated an important safety, health and environment (SH&E) milestone, achieving 1 million safe hours without a lost time incident (LTI). The achievement reflects the team’s commitment to deliver a world-class project while upholding the highest safety standards and awareness. Ali Buhaji, General Manager, Baynouna said: “Achieving this milestone is a testame...
As the global leader on the front line of clean energy research, technology, and commercialization, Masdar recognizes the importance of their middle management to the company’s success and the need to transition them to high-performing leaders. Masdar has a lot of responsibility, serving the strategic priorities of the UAE leadership, and helping fulfill the Abu Dhabi Economic Vision 2030. A recent company employee engagement survey made it...
Baynouna Solar Park, Jordan’s largest solar energy project, has celebrated an important safety, health and environment (SH&E) milestone, achieving 1 million safe hours without a lost time incident (LTI). The achievement reflects the team’s commitment to deliver a world-class project while upholding the highest safety standards and awareness. Ali Buhaji, General Manager, Baynouna said: “Achieving this milestone is a testame...
Masdar’s Future Sustainability Leaders collaborate to find energy-efficient solutions for the UAE-Jordanian Refugee Camp The programme is part of the Masdar-hosted Youth 4 Sustainability platform, which aims to educate, empower and engage youth Masdar, one of the world’s leading renewable energy companies, has today announced “The Improvers” as the winning team of its Ecothon Plus competition, which is held unde...
A delegation of members from Masdar’s Future Sustainability Leaders and WiSER Pioneers programmes recently participated in the UN Climate Change Conference COP25, in Madrid, Spain. Held from December 2-13, the aim of the conference, which was held under the Presidency of the government of Chile with logistical support from Spain, was for governments to take the next crucial steps in the UN climate change process. According to the UN&rsquo...
Abu Dhabi Power Corporation (ADPower) and its operating water and electricity companies have signed an agreement to become Strategic Partners of Abu Dhabi Sustainability Week 2020. Signed by Mohamed Jameel Al Ramahi, Masdar CEO, and Jasim Husain Thabet, CEO and Managing Director of ADPower at Masdar’s Headquarters, the partnership demonstrates the water and electricity sector’s constant transformation and commitment to sustainab...
Masdar CEO Mohamed Jameel Al Ramahi led a delegation to Saudi Arabia earlier this month, where they met with HRH Prince Faisal bin Nawaf bin Abdul Aziz, Governor of Al-Jouf, and visited the site of the Dumat Al Jandal wind farm project. At the meeting, which also included representatives from Saudi Arabian company Nesma Holding and Masdar’s consortium partner in the project, EDF Renewables, the delegation presented on the construction prog...
Advancing global progress towards the UN SDGs, a range of technologies and solutions will be deployed to empower vulnerable communities in 20 countries, by the end of 2020 Aiming to widen the global reach and accessibility of impactful sustainability solutions and innovations, the collaborative initiative builds on the UAE’s leading global role in humanitarianism and sustainability, and champions the values of inclusiveness and com...
Realised through the collaborative efforts and synergy of Masdar’s Energy Services unit, Mubadala and Khazna, the Khazna Solar Car Park project has been energized. Led by Masdar’s Energy Services unit, our team installed a solar PV system on the car park roof of the Khazna Data Centre located inside Masdar City. The collaboration paves the way for future sustainability initiatives at other Khazna facilities across the UAE. The s...
Masdar, one of the world’s leading renewable energy companies, has signed a Joint Development Agreement (JDA) with the Armenian National Interests Fund (ANIF) for the development of solar power projects with a total capacity of 400 MW in Armenia. The investment adds between US$300 million and US$320 million into the Armenian economy. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, a Mubadala company, and David Papazian, C...
On Wednesday November 27, 2019, Masdar held its annual National Day celebrations at Masdar City. The area in front of the Incubator building was transformed with a number of stands featuring traditional food and snacks, henna artists, a caricaturist, pottery and the opportunity to pose with a falcon. National Day, celebrated on December 2, will be the UAE’s 48th National Day, and marks the union of the seven emirates, as well as celebrating...
Masdar, the Abu Dhabi Future Energy Company and host of Abu Dhabi Sustainability Week (ADSW), has launched an eco-bus initiative that will tour the United Arab Emirates to raise awareness about the world’s largest sustainability gathering in January. In partnership with Abu Dhabi Power Corporation and Hafilat Industry LLC, the Sustainability Bus will travel to key locations across all seven emirates to educate local communities about sustai...
Abu Dhabi’s Department of Energy (DoE) today announced that it will serve as Principal Partner at Abu Dhabi Sustainability Week (ADSW) for the second year in a row. The signing ceremony took place at the Department of Energy offices in Abu Dhabi, with Masdar CEO, Mohamed Jameel Al Ramahi and H.E. Eng. Mohammed Juma Bin Jarsh Al Falasi, Undersecretary of the Abu Dhabi Department of Energy serving as the signatories. The ceremony was also att...
Masdar took home three awards at the 2019 Middle East PR Association (MEPRA) Awards. Organised by MEPRA, the annual awards programme recognises the most creative and impactful campaigns and professionals in the region. Our team accepted awards across three categories for the We Are Committed campaign: Best Sustainability Campaign (Bronze), Best campaign in UAE (Bronze), Best Energy and Natural Resources Campaign (Silver). The We Are Committ...
Masdar City was recognised as part of the “Building the Future—The Top Real Estate companies in the Middle East 2019 awards organised by Forbes ME, receiving the Best Sustainable Developer Award”, for our pioneering contribution to the sustainable development market. The award was accepted by Yousef Baselaib, Executive Director, Sustainable Real Estate. The annual awards recognises the region’s biggest, most innovative, cr...
Masdar City was chosen as one of the stops during the Porsche Taycan’s Soul Journey from Dubai to Riyadh in the lead up to the Formula-E Championship that is taking place in Diriyah, Saudi Arabia, from November 22-23, 2019. The second stop on the Soul Journey saw Australian former F1 racing legend Mark Webber and Saudi Arabia representative of women motorsport Aseel Al Hamad visit Masdar City, one of the world's most sustainable cities,&nbs...
Youth 4 Sustainability (Y4S), an initiative that aims to get youth involved in sustainability efforts, held their annual Sustainability Ambassadors Programme Orientation Day at the Abu Dhabi Youth Hub located in Masdar City. The orientation day welcomes a new batch of ambassadors to the year-long programme which will see a variety of activities offering ambassadors core knowledge, skills training, work experience and networking opportunities.&nbs...
Ryan International School, Masdar City, hosted the Run for Tolerance minithon on 16 November, coinciding with the International Day of Tolerance. Beginning at the Ryan School campus in Masdar City and ending at the My City Centre Masdar, the event saw more than 1000 participants from local schools, companies and the community. The event comprised a 1.2 kilometre track for people of determination, 2.5 kilometre route for children, and a 5.1km for ...
The Bahamas’ first utility-scale solar photovoltaic (PV) plant, which was developed by Masdar in partnership with the Ministry of Foreign Affairs and International Cooperation and Abu Dhabi Fund for Development, has won a prestigious award in the United States. The Thomas A. Robinson National Stadium 925kW Solar PV Carport Power Plant in Nassau, the Bahamas, was developed under the US$50 million UAE-Caribbean Renewable Energy Fund (UAE-CREF...
Masdar City hosted a workshop for the Department of Economic Development on the dual licensing offered by Masdar City Free Zone. Masdar City Free Zone invited its partners to the workshop which was an interactive platform for sharing information and answering all their questions and queries on the new license offering. The licensing is the latest initiative launched by Masdar City Free Zone, and allows companies to have both mainland and ...
Masdar’s Sustainability Ambassadors have completed their first workshop as part of their year-long programme of training and development. The Shell NXplorers workshop, held in collaboration with Shell and Emirates Foundation, was delivered by Stephanie Kechichian, Senior Trainer, Emirates Foundation, at the Innovation Centre in Masdar City last week. The two-day workshop aims to help youth use science, technology, engineering and math (STE...
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. Entering a new market, Masdar has acquired a robust minority stake in Hero Future Energies, the renewable energy arm of Hero Group. Hero Group is a global company and the largest producer and supplier of motorbikes in India, with 90 million...
One of the largest gatherings of local and international petroleum companies, the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) is running from 11 to 14 November at the Abu Dhabi Exhibition Center. Attended by more than 145,000 trade visitors and seeing 2,200 exhibitors representing 23 countries, the four-day event this year will focus on digitalization and how it can be applied to the oil and gas sector. Masdar contribut...
Youth 4 Sustainability (Y4S), an initiative that aims to get youth involved in sustainability efforts, held their annual Sustainability Ambassadors Programme Orientation Day at the Abu Dhabi Youth Hub located in Masdar City. The orientation day welcomes a new batch of ambassadors to the year-long programme which will see a variety of activities offering ambassadors core knowledge, skills training, work experience and networking opportunities.&nbs...
Masdar has signed a Power Purchase Agreement (PPA) and Government Support Agreement (GSA) with the Government of the Republic of Uzbekistan to design, finance, build and operate the country’s first public-private partnership (PPP) solar power plant. The signing ceremony was held in Tashkent, the capital of Uzbekistan, and was attended by Sardor Umurzakov, Minister of Investments and Foreign Trade of the Republic of Uzbekistan, Shukhrat Vaf...
Nadia Bardawil, General Counsel, Masdar, has received the accolade of UAE GC Influencer from prestigious international legal industry publication Chambers and Partners at their annual Chambers Middle East Awards in Dubai. The UAE GC Influencers award, new to the event this year, highlights the most influential in-house lawyers working in the UAE market today, drawing upon extensive independent market research carried out by the Chambers &am...
Masdar together with federal departments and ministries across the UAE, joined together to celebrate “Flag Day”, an annual event marking the anniversary of His Highness Sheikh Khalifa bin Zayed Al Nahyan becoming the President of the UAE on 3 November 2004. Following the theme of “Raise it high, raise it proud”, the day celebrates the love, unity and loyalty of the people of the UAE to their homeland, and honours the nati...
The Masdar City Free Zone has participated in the World Free Zone Expo, which took place at the Abu Dhabi National Exhibition Centre (ADNEC) last week. The Free Zone were at the Expo to promote their new business packages, which offer the lowest registration rates for free zones in Abu Dhabi, along with competitive licensing fees and an extensive range of business support services. More than 670 companies operate at Masdar City, in...
WiSER is a platform that aims to mentor, empower and inspire women to be catalysts of change, industry leaders and drivers of commercial solutions. As part of a series of regular workshops equipping women with the resources they need to succeed, WiSER hosted the ‘She means business: Pioneers Workshop.” The workshop equipped female entrepreneurs with valuable social media skills, allowing them to make connections that will help them gr...
As a strategic sponsor of WETEX 2019, Masdar was honoured to play a key role in one of the region’s largest sustainability and technology exhibitions this year. Held under the umbrella of Green Week, the 21st edition of WETEX was organised by Dubai Electricity and Water Authority and featured some of the world’s leading players in water, energy, technology, the environment, innovation and solar. WETEX 2019, which was held from...
• Masdar submitted the lowest bid for the 100MW project, which will be located in the Navoi region • The solar plant comes under the IFC’s Scaling Solar programme, with financing expected to be completed by the end of Q1 2020 Abu Dhabi, United Arab Emirates; October 22, 2019: Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has announced that it is the winning b...
Masdar, one of the world’s leading renewable energy companies, has signed a contract to develop a ground-mounted solar power plant at Bee’ah’s iconic new headquarters in Sharjah. The agreement was signed by Mohamed Jameel Al Ramahi, CEO of Masdar, and HE Khaled Al Huraimel, Group CEO of Bee’ah on the sidelines of WETEX 2019. The solar plant will be backed by Tesla Powerpacks that will store excess energy to power t...
WETEX shows the latest solutions in conventional and renewable energy, water, sustainability, and conservation. It is a platform for companies to promote their products and services, and meet decision-makers, investors, buyers and interested parties from around the world, to make deals, review the latest technologies, learn about current and future projects, and explore investment opportunities in the region...
UAE-founded ekar has announced a strategic partnership with Masdar, one of the world’s leading renewable energy companies, to bring electric vehicle car-sharing to the Middle East by introducing five Tesla models S and X into its fleet. The vehicles are now available to hire from Masdar City in Abu Dhabi. “Masdar City installed the first rapid charging station for electric vehicles (EV) in the Middle East,” said Yo...
The world’s first university for artificial intelligence (AI) has been launched at Masdar City in Abu Dhabi. The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) is a new graduate-level research institution, named after His Highness Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The university offers Master of Science and PhD programmes across three areas...
Masdar’s Human Capital team has been announced as the winner of the Gulf Cooperation Council (GCC) Gov HR Award’s Best Employee Benefits and Wellbeing Strategy for its Masdar Wellness Programme. Ahmed Baghoum, Executive Director of Human Capital & Services at Masdar, accepted the award during a ceremony that was held today at the Rixos Saadiyat Island in Abu Dhabi. "Winning this prestigious award is evidence of our o...
HE Aleksandar Vučić, President of the Republic of Serbia, attends the inauguration along with HE Dr Thani Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, and HE Mubarak Saeed Al Dhaheri, UAE Ambassador to Serbia The Čibuk 1 wind farm will provide sustainable, emissions-free power to 113,000 homes and displace more than 370,000 tonnes of carbon dioxide per yea A consortium led by Masdar, a subsidiary of Mubadala Investm...
Gemasolar is the world’s first utility-scale solar power plant to combine a central tower receiver system and molten salt storage technology enabling electricity supply 24 hours a day. Inaugurated in 2011, the anniversary will celebrate the project’s eighth year of operation....
A group of Masdar employees have visited the NMC Royal Hospital to visit unwell children as part of the Sheikha Shamma bint Sultan bin Khalifa Al Nahyan's “Wanna Read” initiative. The visit was organised as part of Masdar’s corporate social responsibility (CSR) outreach and was attended by Ahmed Al Suwaidi, Director, Emiratization and Human Capital, Omar Al Teneji, Senior Officer, Office of the CEO, Rubina Umer, Senior Off...
Addressing some of the world’s most pressing and core development challenges, and aligned to the UN Sustainable Development Goals (SDGs) 2030, the finalists of the Zayed Sustainability Prize 2020 were announced today – with 30 candidates now vying to win up to 10 awards, across five categories: Health, Food, Energy, Water, and Global High Schools. This year, innovations presented by the finalists entail sustainable solutions for a ra...
Masdar is the first investor in the £400 million fund besides the UK government, with an investment of £35 million Fund signing ceremony witnessed by HE Mansoor Abulhool, UAE Ambassador to the UK Masdar participation in CIIF is through a special purpose entity incorporated at Abu Dhabi Global Market (ADGM), the International Financial Centre of Abu Dhabi London, United Kingdom; October 7, 2019: Ma...
The United Nations (UN) has hosted the first UN Youth Climate Summit in New York to coincide with the UN Climate Action Summit 2019. Masdar employee Shaikha Al Hosani, who is part of Masdar’s learning and development programme, “Emerging Leaders – Inspiring Young Energy”, attended the youth summit, as part of the UAE youth delegation. “Masdar is invested in the UAE’s youth and has provided me with...
A report by The Intergovernmental Panel on Climate Change (IPCC) last year highlighted that drastic and far reaching action is necessary to limit global temperature rise to 1.5 degrees Celsius – a threshold to avoid the worst impacts of climate change. For a prosperous future, we must work towards reducing global emissions of carbon dioxide by 45 per cent by 2030 and reach ‘net zero’ carbon emissions by 2050. These targe...
The Sharjah Waste to Energy Project has won the Clean Energy Initiative of the Year Award 2019 at the Middle East Energy Awards. Bee’ah Group CEO Khaled Al Huraimel accepted the award on behalf of Emirates Waste to Energy Company’s shareholders Masdar and Bee’ah at a ceremony held in Dubai yesterday. The Sharjah Waste to Energy Project was awarded for its use of alternative energy sources to lower the UAE’s carbon footprin...
• The UAE-Caribbean Renewable Energy Fund is the largest renewable energy initiative of its kind in the Caribbean region and is a partnership between the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC), Abu Dhabi Fund for Development (ADFD), and Abu Dhabi Future Energy Company (Masdar) The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has announced a partnership with the Government of Antigua and Barbuda’s...
Masdar City has won a United Nations Sustainable Cities and Human Settlements Award at the Global Forum on Human Settlement 2019. Abdulla Balalaa, Director, Real Estate Development and Design accepted the award at a ceremony, which took place in Addis Ababa, Ethiopia. The city was honoured for its efforts in developing a low-carbon city and the initiatives that have supported the city’s sustainable development across energy and water...
Masdar has awarded the winners of the Ecothon Plus competition at the World Energy Congress in Abu Dhabi. The competition was held as part of Masdar’s Future Sustainability Leaders programme. In collaboration with the UAE Emirates Red Crescent, the Ecothon aimed to provide energy-efficient solutions for the UAE-Jordanian Refugee Camp in Marajeeb Al Fhood, Jordan. The camp is operated by Emirates Red Crescent Society and provides human...
Swedish solar energy company Azelio has partnered with Masdar and Khalifa University of Science and Technology to run a pilot project evaluating new technology in power storage. An agreement to formalize the partnership was signed today by Jonas Eklind, Chief Executive Officer, Azelio, Abdulla Balalaa, Director, Real Estate Development and Design at Masdar, and Dr Steve Griffiths, Senior Vice President for Research and Development, Khalifa...
The Dhofar Wind Project has won the Wind Project of the Year 2019 at the Asian Power Awards in Kuala Lumpur, Malaysia. Stefano Raciti, Country Manager of Mubadala Petroleum, accepted the award on behalf of Masdar accompanied by Saleh bin Nasser Al Rumhi, Chief Executive Officer, Ahmed Ramadhan Al Qalam, Business Planning & Regulatory Manager and Khalil Mubarak Al Mandhari, Head of Renewable Energy from Tanweer – the Rural Areas El...
Aim of the joint venture will be to explore and collaborate on opportunities in non-utility scale renewables and energy-efficient investments Agreement reinforces Masdar and EDF’s already strong ties in the region, where they are collaborating on the Dewa III solar project in the UAE, Morocco’s Noor Midelt project and Saudi Arabia’s Dumat Al Jandal wind farm Abu Dhabi, United Arab Emirates; September 11...
Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, participated in a panel discussion titled “Financing energy: Closing the clean energy investment gap,” at the 24th World Energy Congress in Abu Dhabi. Joining Al Ramahi on the panel was Steve Bolze, Senior Managing Director, Blackstone, Dr Ahmed Ali Attiga, Chief Executive Officer, Arab Petroleum Investments Corporation (APICORP), Mohamad Abunayyan, Chairman of th...
Seven high-level government delegations visited Masdar City on the sidelines of the World Energy Congress, where they learned about Masdar’s strategic platforms, sustainable urban development and Clean Energy portfolio. The delegations to Masdar City during the week included HE Kersti Kaljulaid, President of the Republic of Estonia, HE Sontirat Sontijirawong, Minister of Energy, Kingdom of Thailand, HE Dr Awang Haji Mat Suny bin Haji ...
The Land Art Generator Initiative (LAGI) and Abu Dhabi Future Energy Company (Masdar) have announced the winners of this year’s LAGI international design competition at the 24th World Energy Congress in Abu Dhabi. Sponsored by Masdar, LAGI 2019 Abu Dhabi challenged design teams to create large-scale works of public art that also produce clean kilowatt-hours for the Masdar City grid using technologies such as solar and wind. “Ma...
£400 million fund – Charging Infrastructure Fund (CIIF) to help develop public charging infrastructure points for electric vehicles First £70 million investment will create 3,000 new rapid charge points, more than doubling the number of rapid charge points across the UK by 2024 CIIF managed by Zouk Capital, first investment by Abu Dhabi Future Energy Company (‘Masdar’) and government. Further &p...
With over 150 countries represented, it is the world’s largest and most influential energy event covering all aspects of the energy agenda. Running since 1924, the triennial World Energy Congress enables dialogue amongst Ministers, CEOs, policy-makers and industry practitioners on critical developments in the energy sector. As the world’s premier energy gathering, the Congress offers a unique opportunity for participants to better und...
ABU DHABI, 3rd September, 2019 -- The UAE has initiated a project in Liberia to help rural women achieve sustainable income, food security and nutrition opportunities, as part of the UAE's ongoing humanitarian works to empower women across the world. For this purpose, the Ministry of Foreign Affairs and International Cooperation, MoFAIC, the Food and Agriculture Organisation of the United Nations, FAO, and the Abu Dhabi Future Energy Company, Ma...
By Hamza al Jefri, General Manager, Waste to Energy, Masdar Sharjah has an ambitious goal to become the first zero-waste city in the Middle East by diverting all of its municipal waste away from landfill sites by 2020. Through a pioneering partnership to develop the country’s first waste-to-energy plant in the emirate, the new facility will play a significant role in achieving the UAE’s clean energy ambitions, while also ...
Around the world, women are significantly under-represented in the fields of science, technology, engineering and mathematics (STEM). According to statistics from the US department of labour, women account for just 26 per cent of the country’s STEM professionals. In the United Kingdom, it is a similar story – less than a fifth of STEM professionals are women, with comparably low rates in other large economies. As governments ...
A delegation the Department of Mineral Fuels, Ministry of Energy, Kingdom of Thailand, led by its Director-General Premrutai Vinaiphat, visited Masdar City this week, where they were briefed on the latest developments of the city and learned more about Masdar’s Clean Energy portfolio. The delegation met with Masdar representatives including Yousif Al Ali, Acting Executive Director, Clean Energy, Saleh Al Zubaidi, Stakeholder Rel...
By Elizabeth Monoian and Robert Ferry, Founding Directors, LAGI When we think of renewable energy infrastructure, we often have in mind dark blue photovoltaic rectangles carpeting the landscape, or large three-blade horizontal axis wind turbines marching along mountain ridges or into the sea. We think about grid reliability and consumer cost per kilowatt-hour, or we think about the climate change apocalypse that we will impose on future generati...
• The first wind turbine in the landmark project has been successfully connected to Oman’s electricity transmission grid • Once fully commissioned, the Abu Dhabi Fund for Development-financed wind farm will generate enough electricity to supply 16,000 homes The 50-megawatt (MW) Dhofar Wind Farm in Oman has produced its first kilowatt hour of electricity, marking a major milestone for the GCC region’s first utilit...
Utilities Middle East has ranked Masdar’s Chief Executive Officer Mohamed Jameel Al Ramahi fourth on its annual Power List of the most influential people in the Gulf Cooperation Council (GCC) utilities industry. The list highlights individuals who continue to lead and shape the utilities sector in the GCC region and its surroundings. Al Ramahi climbed a total of three positions from last year’s list following the growth of Masda...
The sixth Land Art Generator Initiative (LAGI) design competition has recently concluded and twenty-eight world-changing designs have been shortlisted for a landmark site that could potentially be transformed into a new public park at Masdar City, Abu Dhabi. The shortlisted proposals can be seen on display at the 24th World Energy Congress from September 9–12, 2019. Three hundred teams from more than 65 countries submitted proposals for la...
The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The Renewable Energy Project Development Office (REPDO) of the Saudi Ministry of Energy, Industry and Mineral Resources (MEIM) awarded the US$500 million Dumat Al Jandal wind farm in January following a call for tenders in August 2017. The winning ...
Introduction Today, it is rare to meet a person or organisation that does not accept sustainable design as the way forward for building design. All facets of the construction industry support sustainable design and initially all new building projects embrace sustainability as one of their key attributes. Yet more often than not, the finished project has compromised sustainability. In many cases, the sustainability considerations have been discar...
At Alpin Limited, a boutique sustainability consultancy located in Masdar City, we’ve been keeping at the forefront of our industry ever since we were founded in 2007. Thanks to our innovative approach, our inclusive work environment and a truly global workforce, we are one of the region’s top three advisory firms delivering integrated commissioning, sustainability and BIM solutions for the built environment. This spring, we also achi...
The Masdar Solar Hub at Masdar City is a solar testing and R&D hub for photovoltaic and solar thermal technologies jointly managed by Masdar and the Khalifa University of Science and Technology. Launched in 2015, the Masdar Solar Hub conducts solar energy and thermal storage equipment testing, prototype evaluation and solar irradiance monitoring. ...
Yousif Al Ali, the Acting Executive Director of Clean Energy, Masdar, joined a specialist panel for a live MEED Webinar broadcast that discussed the growing opportunities in the Middle East for waste-to-energy projects. Joining Al Ali on the panel was Jean Claude Nasr, Senior Vice-President, Power Generation, Gas & Power, Siemens; and Khaled Al Huraimel, Group CEO of Bee’ah, Masdar’s joint-venture partner for the Sharjah Waste-to-...
Twelve members of the Future Sustainability Leaders, a youth-focused CSR initiative led by Masdar, recently attended the second Global Manufacturing and Industrialisation Summit (GMIS) in Russia. Established in 2015 to foster cooperation among manufacturers, policymakers, technologists and investors committed to unlocking the opportunities of the Fourth Industrial Revolution, GMIS is a joint initiative of the UAE Ministry of Energy and Industry...
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. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and David Papazian, Chief Executive Officer of the Armenian National Interests Fund (ANIF), today signed a memorandum of understanding (MoU) to explore collaboration in solar phot...
One of the largest offshore wind projects in the world celebrates its fifth anniversary. Comprising of 175 wind turbines, the London Array powers more than a half-million homes in the United Kingdom and keeps nearly 1 million tonnes of carbon dioxide emissions out of the environment every year. ...
In June 2019, Shams Power Company successfully achieved 1 million man hours without lost time injuries (LTI). LTI is defined as an occurrence that results in a fatality, permanent disability or time lost from work during a certain period of time. This achievement demonstrates the company’s leading role in the global solar industry and highlights the emphasis placed on safety in the plant management process at Shams. “Reaching 1,000,0...
Masdar and First Abu Dhabi Bank (FAB) are celebrating the Year of Tolerance in the UAE by helping an Abu Dhabi-based school for people of determination to drastically reduce its electricity and water bills. Funds raised from a special co-branded, biodegradable credit card, launched at Abu Dhabi Sustainability Week 2013, are now being used to finance a series of energy- and water-saving measures at the Future Rehabilitation Centre in Moha...
Five high-level government delegations visited Masdar City on the sidelines of this week’s Abu Dhabi Climate Meeting, where they learned more about Masdar’s strategic platforms and Clean Energy portfolio. The delegations to visit Masdar City during the week included HE Paula Francisco Coelho, Angola’s Minister of Environment; the Hon. Ajith Mannapperuma, Sri Lanka’s State Minister of Mahaweli Development and Environment; H...
Batwind was inaugurated in June 2018 and is the world’s first energy storage system connected to a commercial-scale floating wind farm. The battery is designed to store electricity generated by Hywind Scotland and has a capacity of 1.2 megawatts. ...
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. Of the entries received, the breakdown across the Prize’s five categories was: Health (514), Food (570), Energy (522), Wat...
The Basics 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 ...
The UAE State of Energy Report 2019 was released on Wednesday with Masdar CEO Mohamed Jameel Al Ramahi discussing the key findings during a panel session at the launch event in Abu Dhabi, in the presence of HE Eng Suhail Mohammed Al Mazrouei, Minister of Energy & Industry. The comprehensive report highlights the aims and achievements of the country’s Energy Strategy 2050 and in particular the progress made in reducing the share of the h...
Our cities currently house over 54 per cent of the world’s population – a number that is expected to increase to nearly 60 per cent by 2030. 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 energ...
Celebrating its sixth anniversary, the Port Victoria Wind Power Project, Masdar’s six-megawatt (MW) wind farm in the Republic of Seychelles, is the country’s first large-scale renewable energy project. It accounts for more than 8 per cent of the grid capacity on the archipelago’s main island of Mahe, where 90 per cent of the country’s residents live. Inaugurated in 2013, the project displaces about 10,000 tonnes of carbon ...
HE Ricardo Salles, Brazilian Minister of Environment, and an accompanying delegation visited Masdar City, where they were briefed on the latest developments taking place at the city and learned more about Masdar’s worldwide Clean Energy portfolio. The delegation toured the city in the autonomous NAVYA vehicle before meeting with senior Masdar leadership including CEO Mohamed Al Ramahi, Yousif Al Ali, Acting Executive Director, Clean...
Yousif Al Ali, Acting Executive Director, Clean Energy, and Yousef Baselaib, Executive Director, Sustainable Real Estate, represented Masdar during the Armenian Summit of Minds held this week in the town of Dilijan and hosted by Armenian President Armen Sarkissian. The Summit focused on ‘Regional Geopolitics, Economy, and Investments: The Impact of Multipolarity on Trade and Investment Flows’, with the event attended by influential po...
The global economy today is mostly linear in nature: products reaching their end-of-life are disposed of in landfills or converted to a lower-quality product that can no longer have high value in the economy. As waste accumulates, both the private and public sectors have shown interest in utilising waste as feedstock to create higher-value products for a circular economy. Different waste streams – including municipal solid waste, plas...
The St Petersburg International Economic Forum (SPIEF) is an annual Russian business event for the economic sector. Each year, more than 10,000 people from over 120 different countries take part. The Forum brings together the chief executives of major Russian and international companies, heads of state, political leaders, prime ministers, deputy prime ministers, departmental ministers, and governors....
The Moroccan Agency for Sustainable Energy (MASEN) has announced that the consortium of EDF Renewables, Masdar, and Green of Africa has been awarded the tender for the design, financing, construction, operation and maintenance of the Noor Midelt Phase 1 multi-technologies solar power plant. The project, which will have a total installed capacity of 800 MW, is the world’s first advanced hybridisation of concentrated solar power (CSP) and ph...
Masdar, the Abu Dhabi Future Energy Company, has honoured the sponsors and partners of Abu Dhabi Sustainability Week (ADSW) 2019, the largest sustainability gathering in the Middle East. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, paid tribute to the organisations that partnered with and sponsored this year’s ADSW, which is held annually in January. “Each of us shares the same passion to deliver on the sustainab...
Masdar City’s reputation as a destination for leading local and international businesses to expand their presence in the region has been further enhanced with the opening of two new landmark projects. Global technology leader Honeywell recently inaugurated its pioneering Innovation Center at its facility in the city, with UAE mall developer and operator Majid Al Futtaim also opening the doors to Abu Dhabi’s most sustainable mall at My...
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the well-being of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate chan...
The UAE’s arid climate, limited cultivable land and scarce water resources means that the future of food security is now a strategic issue on the country’s national agenda, with the government taking strong action to address the challenges this issue presents. Food security refers to a system with sustainable food production, which can provide affordable and nutritious food that can be accessed easily. In a food secure community, all...
One of the biggest challenges that cities face today is how to reduce energy usage while also providing innovative cost-effective services that deliver a high but sustainable quality of life to their residents. With the United Nations predicting that the world’s population will increase to 9.7 billion by 2050 – and with 68 per cent of those people expected to live in cities – it is vital that “citizen-centric&r...
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. For Edwin Snagg, then just a boy who had moved to ...
HE Roch Marc Christian Kaboré, President of Burkina Faso, and an accompanying delegation from the West African country visited Masdar City recently, meeting with our CEO Mohamed Jameel Al Ramahi and other senior Masdar officials. Kaboré was briefed on Masdar’s role as a global renewable energy leader and also as a pioneer for sustainable real estate through its development of Masdar City, which is now home to more than 600 bus...
With exactly one month to go until the 30th May submissions deadline, the Zayed Sustainability Prize has today issued a final call to small-to-medium sized enterprises, non-profit organisations and high schools, around the world, to submit their entries for the 2020 edition of the UAE’s pioneering sustainability award. Now in its 12th annual award cycle and, since 2018, expanded in scope to include additional sustainability categories, alo...
A group of 39 senior high school students from the Sustainability Ambassadors Programme was honoured today at Masdar for successfully completing their year-long training and mentorship experience. The programme, which aims to empower UAE youth to play an active role in driving a sustainable future, was launched in 2016 at Abu Dhabi Sustainability Week. In February this year, Masdar collaborated with the UAE Ministry of Education (MoE) to incorpo...
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today launched Abu Dhabi’s most sustainable retail destination – My City Centre Masdar. The AED 300 million community project – Majid Al Futtaim’s first shopping mall in Abu Dhabi and its 25th in the region – is a flagship mixed-used development with sustainability at its core. “My C...
Honeywell, the global technology leader, today launched its new Honeywell Masdar Innovation Center in Abu Dhabi in the presence of Abu Dhabi Future Energy Company (Masdar) Chief Executive Officer Mohamed Jameel Al Ramahi, and senior Honeywell leadership. A new milestone for the region, the innovation and knowledge-exchange hub is designed to advance digital transformation across the oil, gas, petrochemical and infrastructure sectors. The Center...
Masdar's Wind Farm project in Serbia, Čibuk 1, has been named as the European Onshore Wind award winner at the prestigious IJGlobal Awards 2018 held in London, UK. The awards ceremony celebrates the best-in-class transactions to have closed over the past year, across the international infrastructure and energy sectors. The awards also recognise the organisations that play central roles in these deals and their excellence in the delivery of cha...
Masdar powered down its lights and joined thousands of organisations around the world to mark Earth Hour on the evening of Saturday, March 30. Launched in 2008, Earth Hour has become the largest grassroots movement for the environment, celebrated in more than 180 countries and across 7,000 cities to promote energy conservation. On the last Saturday of every March, participating cities and organisations switch off their lights at the local time...
The President of the Republic of Uzbekistan, HE Shavkat Mirziyoyev, and a delegation of senior government officials, visited Masdar earlier this week. The delegation toured Masdar City in a visit that underscores the UAE and Uzbekistan’s shared commitment to support efforts to drive efficiency and expansion in the Uzbek economy. HE Suhail Al Mazroui, UAE Minister of Energy and Industry, accompanied President Mirziyoyev on the visit to ...
The recent report by the UN Intergovernmental Panel on Climate Change (IPCC) on the drastic effects of global warming above 1.5C has prompted a passionate debate about the far-reaching action needed. While the report’s findings are undoubtedly extremely serious and the challenges involved immense, one important step can be taken relatively easily. Buildings are hungry consumers of energy and resources. In fact, buildings in the Middle...
Last year ended with a deal at the UN Climate Conference in Poland, a deal which sets forth a rulebook for the implementation of the 2015 Paris Agreement, and serves a serious reminder to the international community to renew its commitment to mitigate climate change. While fossil fuels will play a crucial role in the global economy for many years to come, to meet their climate targets, countries must increase the contributions of renewables in th...
Masdar City, Abu Dhabi’s flagship sustainable urban community, has launched Tech Park, a new destination for start-ups focused on technology, sustainability and the digital economy. The strategic hub will house companies receiving funding and mentorship through the Catalyst, the Middle East’s first start-up accelerator specializing in clean technology and sustainability, as well as provide a base for research & development a...
Masdar, the Abu Dhabi Future Energy Company, and the Australian Antarctic Division (AAD) have successfully installed the first solar panel system at an Australian Antarctic station, it was announced today. The solar installation will provide up to 30 kW of electric power to the Casey research station, located on Vincennes Bay in the Windmill Islands, just outside the Antarctic Circle, during the Austral summer months. The aim of the project, whic...
Three climate-resilient solar power projects in the Bahamas, Barbados, and Saint Vincent and the Grenadines are being inaugurated this week under the US$50 million UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy initiative of its kind in the region. The fund is a partnership between the UAE Ministry of Foreign Affairs and International Cooperation, the Abu Dhabi Fund for Development, and Masdar (Abu Dhabi Future...
Masdar and Bee’ah have received further recognition for their work on the Sharjah Waste-to-Energy Facility, picking up another award this week at the prestigious IJGlobal Awards ceremony in Dubai. Managed by Emirates Waste to Energy Company (EWEC), a joint venture between the two companies, the project won the IJGlobal MENA waste deal of the year. The IJGlobal Awards celebrate the best-in-class transactions to have closed over the past cale...
Masdar, Abu Dhabi Future Energy Company, has announced that its renewable energy portfolio has grown by 33 per cent over the past year, reaching 4 gigawatts (GW) of clean energy in operation and under development across 25 countries. Speaking at the Intersolar Middle East 2019 conference last week, Yousif Al Ali, Director of Business Growth, Masdar Clean Energy, highlighted Masdar’s expansion regionally and internationally. To date, M...
Masdar observed the achievements of all its female employees on International Women’s Day, held on March 8, which recognises the social, economic, cultural and political achievements of women around the world. The company is proud to help the UAE advance gender equality as part of its commitment to the UN’s Sustainable Development Goals through the empowerment of women in the industry, exemplified by the Masdar-led Women in Sustainab...
The Basics Wind power generation relies on special turbines to convert the kinetic energy of the wind into electrical energy. Because of its dependence on wind, which experiences fluctuations due to gusts and temporary calms, wind power has an intermittent power output. A well-sited wind turbine can reach a “capacity factor” of above 40% – that is, it will produce about 40% as much energy as a generator that was able to run 24 h...
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. The PAYG model avoids high upfront costs for small-scale off-grid PAYG solar-diesel or solar-storage hybrid systems for houses or small businesses in remote region...
The Grammy-nominated, multi-platinum selling artist Akon visited Masdar this week, meeting with senior management to learn more about the company’s global projects, initiatives and achievements. The former RnB singer has shared interests in sustainable development and innovative technology having launched Akon Lighting Africa in 2014, which now provides solar electricity in 15 African countries and employs thousands of young people across ...
• Pedestrian-friendly projects at Masdar City earns prize at RTA’s Dubai Awards for Sustainable Transport Masdar, the Abu Dhabi Future Energy Company, has received the prestigious Dubai Award for Sustainable Transport (DAST) in the Mobility Management category for its initiatives to promote walking and cycling at Masdar City. Masdar’s Abdulla Balalaa, Director, Real Estate Development and Asha Pawar, Manager, Transportation...
Alpin Limited announced today that it has been awarded WELL Silver certification for New and Existing Interiors by the International WELL Building Institute (IWBI). The prestigious distinction was awarded through IWBI’s WELL Building Standard (WELL), which is the premier building standard focused on enhancing health and wellness. Created through seven years of rigorous research and development working with leading physicians,...
Masdar City, Abu Dhabi’s sustainable urban community, will host hundreds of runners at its annual Green Run on Friday, February 22. Organised in collaboration with the Environment Friends Society, the Green Run is free to enter and has four categories: People of Determination (500 metres); Children (1km); Women (2km); and Men (3km). Dr Ibrahim Ali Mohammed, Chairman of the Board of Directors of the Environment Friends Society, said: &ldqu...
Christine Lagarde, the Managing Director of the International Monetary Fund (IMF), visited Abu Dhabi Future Energy Company (Masdar) yesterday to witness the progress of Abu Dhabi’s flagship sustainable urban community, Masdar City, and learn how investment in youth is helping the UAE to deliver on the UN Sustainable Development Goals. She also toured Khalifa University of Science and Technology’s Masdar City Campus. Lagarde was briefe...
Construction of GCC’s first utility-scale wind energy project on track • Four of the project’s 13 wind turbines are now fully installed; project scheduled to start generating power by Q3 2019 • Hamdan Ali Al Hinai, Chairman of the Oman Power and Water Procurement Company (OPWP), Eng Yaqoob Alkyumi, CEO of OPWP, Eng Saleh Al Rumhi, CEO of Tanweer join stakeholders on tour of 50MW Dhofar Wind Farm Muscat, Oman, ...
Under the theme ‘Industry Convergence: Accelerating Sustainable Development’, Abu Dhabi Sustainability Week (ADSW) 2019 gathered to explore how industries are responding to the digital transformation underway in the global economy, which in turn is giving rise to new opportunities to address global sustainability challenges. With this in mind, Masdar has produced the Future of Sustainability whitepaper report – in partnership...
Under the theme ‘Industry Convergence: Accelerating Sustainable Development’, Abu Dhabi Sustainability Week (ADSW) 2019 gathered to explore how industries are responding to the digital transformation underway in the global economy, which in turn is giving rise to new opportunities to address global sustainability challenges. With this in mind, Masdar has produced the Future of Sustainability whitepaper report – in partnershi...
Sunna Design’s 8 “iSSL Maxi 4” solar streetlights to be monitored over 12-month period Following their win last year, at the Zayed Sustainability Prize’s 10th annual awards ceremony (formerly Zayed Future Energy Prize), Sunna Design has announced a partnership with Masdar City, in Abu Dhabi, to conduct a 12-month pilot scheme for its “iSSL Maxi 4” solar streetlights to undergo weather endurance monitoring. Ba...
Ministry of Education and Masdar to collaborate on sustainability education • Masdar’s Sustainability Ambassador Program to be integrated into the MoE’s Innovation Ambassador Program 2019 • Masdar participates in the National Science Technology and Innovation Festival, where it will be hosting its annual Sustainability Ambassador Program Ecothon Abu Dhabi, United Arab Emirates, February 04, 2019: Masdar, the Abu Dhab...
Under the theme ‘Industry Convergence: Accelerating Sustainable Development’, Abu Dhabi Sustainability Week (ADSW) 2019 gathered to explore how industries are responding to the digital transformation underway in the global economy, which in turn is giving rise to new opportunities to address global sustainability challenges. With this in mind, Masdar has produced the Future of Sustainability whitepaper report – in partnershi...
■ First of 13 turbines marks major milestone in construction of GCC region’s first commercial-scale wind farm project, which will supply electricity to 16,000 homes ■ Masdar’s wind portfolio of over 2GW to be on display throughout ADSW 2019 Abu Dhabi, United Arab Emirates, December 26, 2018: Masdar, the Abu Dhabi Future Energy Company, announced today the installation of the first of 13 turbines at the 50 megawatt (MW) Dhofa...
The 2019 edition of Abu Dhabi Sustainability Week successfully concluded on January 19, with the region’s largest sustainability gathering once again achieving new milestones for attendance, participation and business deals. To align more closely with the UAE Vision 2021 and the United Nations’ Sustainable Development Goals, ADSW 2019 took place under the theme “Industry Convergence: Advancing Sustainable Development” an...
• Local and international dignitaries, business leaders, policymakers and thought leaders gather for the Masdar-led platform • WiSER aims to promote new thinking, viable solutions and lasting collaboration to empower present and future generations of female sustainability leaders Abu Dhabi, United Arab Emirates; January 17, 2019: Masdar, Abu Dhabi Future Energy Company, hosted its fourth annual Women in Sustainability, Environment and R...
• Exhibition at Eco-Villa highlights Masdar’s support of the UAE’s National Food Security Strategy and Masdar’s wider focus on sustainability Abu Dhabi, United Arab Emirates; January 17, 2019 – Masdar City in Abu Dhabi has unveiled a Smart Home Farming Showcase called ‘Bustani’ at its Eco-Villa prototype to demonstrate emerging farming solutions that will help UAE residents become more self-sufficient in m...
The Future Skills 2030 report was released at this year’s edition of Abu Dhabi Sustainability Week to explore the driving forces behind the fast-changing job market, and the new skills needed to stay competitive in a shifting global landscape. Against a backdrop of rapidly changing market forces, government interests, business needs and environmental imperatives, the world of work and the skills required are also evolving just as quickly. ...
■ Targets increased deployment of solar energy solutions in off-grid communities with units on display at ADSW 2019 Abu Dhabi, United Arab Emirates; January 16, 2019 Masdar, the Abu Dhabi Future Energy Company, has positioned itself in the commercial off-grid energy sector by increasing its capacity to rapidly deploy solar kits in off-grid communities around the world. Building on the company’s extensive experience delivering renewa...
Masdar City and German Embassy to the UAE Host Exhibition on Germany’s Energy Transition at Masdar City Abu Dhabi, United Arab Emirates; January 16, 2019 – The German Embassy to the UAE and Masdar City are hosting a photographic exhibition at Masdar City to highlight the transformation of Germany’s energy system. The exhibition titled ‘Energiewende’ – meaning energy transition – explains how the German e...
Masdar report identifies top 10 technologies to accelerate sustainable development over the next five years based on industry survey • Innovations expected to have the most impact include carbon capture, energy storage, 3D printing, artificial intelligence (AI), and data analytics to fast-track global sustainability transition Abu Dhabi, United Arab Emirates, 16 January, 2019 – The convergence of emerging technologies has the potenti...
Abu Dhabi Power Corporation, Mubadala and Masdar Enter into Strategic Partnership Partnership will support Abu Dhabi’s development plans for a sustainable future across the power and water sector Abu Dhabi, 16 January 2019: Abu Dhabi Power Corporation, a state-owned entity with a mandate to generate value through active asset management of key utilities’ investments in Abu Dhabi, entered into a strategic partnership with Mubadala In...
Abu Dhabi, January 15, 2019 – The Saudi Arabian General Investment Authority (SAGIA) announced today that it has initiated the process to give an investment license to the consortium of Abu Dhabi Future Energy Company – Masdar and EDF Renewables which last week was awarded the Kingdom’s first utility scale wind project at Dumat Al Jandal. SAGIA made the announcement at the World Future Energy Summit, part of Abu Dhabi Su...
Abu Dhabi, United Arab Emirates, 15 January, 2019 – Masdar, the Abu Dhabi Future Energy Company, and Taaleri Energia, a Finnish wind and solar developer and fund manager, signed an agreement for the establishment of a joint venture with the aim of developing renewable energy projects in Central and Eastern Europe. The joint venture aims to build upon the success of Masdar and Taaleri’s ongoing activities in the Western Balkans by expa...
• Renewable energy projects in Texas and New Mexico are company’s first renewable energy investments in North America • Landmark agreement announced at Abu Dhabi Sustainability Week 2019 Abu Dhabi, United Arab Emirates; January 15, 2019: The Abu Dhabi Future Energy Company (Masdar), has announced the execution of a share purchase agreement (SPA) to acquire John Laing Group plc’s (John Laing) interest in two wind farms in the...
• The agreement sets the guidelines to grow the portfolios of both companies in wind energy and solar PV • Cepsa targets 500-600 MW capacity in the next five years Abu Dhabi, UAE, January 15, 2019: Cepsa and Abu Dhabi Future Energy Company (Masdar) have strengthened their collaboration in renewables by today signing a Partnership Agreement at Abu Dhabi Sustainability Week, one of the world’s largest gatherings on sustainability th...
■ Global heads of state, senior UAE government and business leaders convene for launch of the largest sustainability gathering in the Middle East; ■ ADSW 2019 takes place under the theme ‘Industry Convergence: Accelerating Sustainable Development’ and the six pillars of Energy and Climate Change, Water, Future Mobility, Space, Biotechnology and Tech for Good His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Pri...
The Festival is returning to Masdar City for a two-day family celebration, bringing to a close the latest edition of Abu Dhabi Sustainability Week. The fun-packed weekend, which will be hosted on Friday, 18 and Saturday, 19 January at Masdar City, will bring the public to learn about sustainability and how to make more environmentally-conscious decisions. “The Festival is the highlight community event of Abu Dhabi Sustainability Week and w...
Paris, January 10th 2019 – The consortium consisting of EDF Renewables and Masdar (Abu Dhabi Future Energy Company PJSC), both global leaders in renewable energy, is announcing that it has won the tender for the Dumat Al Jandal wind farm. With an installed capacity of 400-megawatt (MW), it will be Saudi Arabia’s first wind farm and the largest in the Middle East. The future wind farm will benefit from a 20-year power purchase agreem...
Abu Dhabi, United Arab Emirates; January 3, 2019 – Masdar, the Abu Dhabi Future Energy Company, has officially launched the first fully electric passenger bus in the region in partnership with the Department of Transport in Abu Dhabi (DoT), Abu Dhabi-based bus manufacturer Hafilat Industry LLC , and leading technology company Siemens. The vehicle will serve a six-stop route between Marina Mall, Abu Dhabi Central Bus Station and Masda...
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...
■ Partnership supports the business strategy of Masdar to participate in advanced clean technologies worldwide ■ Opening of the Masdar Building which houses the Graphene Engineering Innovation Centre (GEIC) will accelerate the commercial and economic impact of graphene Abu Dhabi, United Arab Emirates; December 11, 2018 – Masdar, the Abu Dhabi Future Energy Company, has hailed the official opening of the Masdar Building, which hou...
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 ...
Solar projects in the Bahamas, Barbados, and St Vincent & the Grenadines to significantly cut energy costs Partnership between UAE Ministry of Foreign Affairs, Abu Dhabi Fund for Development (ADFD) and Masdar to deploy clean energy projects in 16 countries over next three years Abu Dhabi, UAE, November 6, 2018: The first three renewable energy projects under the US$50 million United Arab Emirates-Caribbean Renewable Energy Fund ...
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. The lenders to the project are Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid; Abu Dhabi Commercial Bank (ADCB); Siemens Financial Services; Sumitomo Mitsui Banking Corporation (SMBC); and Standard ...
Masdar City, Abu Dhabi’s flagship sustainable urban development, has embarked on the next phase of its sustainable mobility network with today’s formal unveiling of its first NAVYA autonomous vehicle. Capable of transporting up to 12 people, the ‘Autonom® Shuttle’ was inaugurated in the presence of dignitaries representing the Department of Transport, Abu Dhabi Police, and the French Embassy. Also attending were Khal...
The third phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai has been awarded Solar Project of the Year 2018 at the Asian Power Awards in Jakarata. Ian Warrilow, President and Country Manager of Mubadala Petroleum, accepted the award on behalf of Masdar (Abu Dhabi Future Energy Company), a partner in Shua’a Energy 2, the project company developing Phase 3. The shareholders in Shua’a Energy 2 are Dubai Electricity Wa...
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. The facility, which is the first green RCF in the Middle East, has been arranged with the UAE’s First Abu Dhabi Bank, Societe Generale Corporate & Invest...
