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Masdar

Masdar News

Sultan Ahmed Al Jaber, UAE minister of state, chairman of Masdar and the Adnoc CEO, speaks at the World Future Energy Summit in Abu Dhabi

Masdar could look East for investment opportunities

Masdar may look to capitalise on investments in the East as it continues to increase its global footprint. Abu Dhabi’s renewable energy giant has committed more than $30 billion in projects in over 40 countries, powering in excess of 14gw of clean energy. It has also indicated plans to grow that by 10gw by the […]

masdar

Clean energy powers boost to UAE and Kyrgyzstan trade

Abu Dhabi’s Masdar is looking to develop a pipeline of renewable energy projects in Kyrgyzstan as part of the former Soviet republic’s plans to reduce its greenhouse gas emissions by as much as 44 percent by 2030. A deal signed with the Ministry of Energy of the Kyrgyz Republic last month will begin with a […]

Coat, Clothing, Person

Aramco-backed Insilico opens new lab to ‘extend human life’

Insilico Medicine, the Hong Kong-based Aramco-backed health technology company, opened its eighth global laboratory this week at Abu Dhabi’s Masdar complex. The lab aims to support Middle East efforts to find new drugs that prolong human life. “My hope for the region is that it realises it can be a big player in drug discovery,” […]

GCC construction contracts

Gulf project contracts to hit $110bn this year

A combined $110 billion worth of project contracts are expected to be awarded in the GCC this year, with Saudi Arabia accounting for more than half of the total as it ramps up its Vision 2030 economic diversification plans.  Saudi Arabia make up $64 billion of the combined value, followed by the UAE ($23 billion), […]

Coca-Cola’s UAE bottling facility to be powered by clean energy

Emerge, a joint venture between the UAE’s Masdar and France’s EDF, has signed an agreement with Coca-Cola Al Ahlia Beverages, Coca-Cola’s bottler and distributor in the UAE, to develop a 1.8-megawatt (MWp) solar photovoltaic (PV) plant for its Al Ain facility. The commercial and industrial (C&I) project will combine ground-mounted, rooftop, and car park installations, […]

Masdar

Masdar chief: Everyone is on board with climate change

Once viewed with scepticism, the discussion around climate change and securing a sustainable energy pathway to net zero has now become the accepted mainstream view, according to the CEO of Masdar. Founded 16 years ago, the UAE-owned renewable energy firm has a presence in 40 countries, with a capacity of 20gw, made up of operational […]

UAE’s Masdar to develop 4GW renewable projects in Azerbaijan

UAE’s renewable energy firm Masdar has signed joint development agreements with the State Oil Company of the Republic of Azerbaijan (Socar) for onshore wind and solar projects, and integrated offshore wind and green hydrogen projects, state-owned WAM news agency reported. The projects will have a total combined capacity of 4 gigawatts (GW). Sultan bin Ahmed […]

Worker at an oil shale power plant. The white paper calls on the UAE and UK to help oil and gas workers transfer their skills to renewable industries

UAE-UK Business Council unveils blueprint for energy transition

The UAE and UK must step up co-operation on clean energy if they are to meet their decarbonisation targets, the UAE-UK Business Council has said. The council’s energy transition white paper, published on January 17, said there was “an untapped commercial opportunity to be exploited from closer collaboration between both countries in terms of developing […]