As part of the agreement, Masdar and EGA will collaborate on several fronts, including exploring joint development of renewable energy projects
Masdar’s extensive experience in funding, developing, and operating clean energy projects worldwide will support Terra-Gen’s expansion efforts
Trade volumes between the UAE and Greece surged by 6.2 per cent during the first nine months of 2023, underscoring the resilient bilateral economic relations
Construction of the mega-facility could start in late 2025, with the first 800 megawatts (MW) of electricity expected to come online by 2029
The company’s board proposed a final cash dividend of 2.0 fils per share (approximately Dhs2.2bn), including a variable dividend of 0.7 fils
The partnership will see Masdar taking a stake of up to 49 per cent in Iberdrola’s 1.4GW UK East Anglia 3 offshore wind project
The $13.9bn project will consist of two 1.5GW offshore wind farms, with Masdar as a key partner in the project.
Cirata is Masdar’s first floating PV project and its first renewable energy project in the Southeast Asian market
The solar facility is expected to reach financial close early next year and connect to the grid in 2025
This deal followed the inauguration of the region’s largest operational solar plant, the 230MW Garadagh Solar Park in Azerbaijan
The 10-year notes, which were 5.6 times oversubscribed, carry a 4.87 per cent coupon rate and will mature in July 2033
The partnership marks an important milestone in the pursuit of a sustainable and greener future for Malaysia
The clean energy project is expected to power more than 23,000 homes a year and displace 120,000 tonnes of carbon dioxide
MW Energy, a joint venture between Masdar and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources to explore the development of the projects
The UAE has three of the world’s largest solar sites
Amaala will be powered entirely by solar energy, saving the equivalent of nearly half a million tonnes of CO2 emissions every year
Africa50 and Masdar will also explore opportunities to collaborate on the implementation of the Alliance for Green Infrastructure in Africa
The sixth phase of the project, set to be operational in stages starting from Q4 2024, will power over half a million residences while reducing carbon emissions by 2.36 million tonnes annually
The total capacity of the solar energy projects commissioned at the Mohammed bin Rashid Al Maktoum Solar Park has reached 2,427MW
The company’s ambitious emissions target makes it the first in its peer group to accelerate its net zero target to 2045
The companies will join hands to develop renewable energy projects in Pahang, Malaysia
The wind farm will have an anticipated annual production capacity of 1.9 terawatt-hours, enough to power 475,000 homes
Proceeds from the bond offerings will be deployed towards projects in the renewables sector, namely solar, wind, renewable power transmission and distribution infrastructure, and battery storage assets
Polypropylene, a type of plastic material, is used to manufacture everyday items such as bottles, jars and food packaging
The companies will look at developing technical solutions to decarbonise or improve the energy efficiency of upstream oil and gas assets among other initiatives
Dr Sultan Al Jaber, Masdar chairman and COP28 President-Designate, has been meeting global leaders to build consensus toward solutions that can deliver an equitable energy transition
The green bonds sale will help fund an effort to boost renewable energy generation capacity five-fold by the end of the decade
The alliance aims to establish national cooperation in decarbonisation efforts, develop frameworks for carbon financing and increase knowledge of the carbon market
Kazakhstan aims to become carbon neutral by 2060 and is targeting renewable electricity generation of 50 per cent by 2050
The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030