Masdar, a developer and operator of utility-scale renewable energy projects, is eyeing new projects in Saudi Arabia, the United States as well as in eastern and central Europe and southeast Asia, said Mohamed Jameel al-Ramahi DUBAI: Abu Dhabi Future Energy Company (Masdar) plans to boost its renewable energy capacity to 8 gigawatts (GW) before the […]
Masdar and PLN enter partnership to develop first floating solar power plant in Indonesia
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 Sultan bin Ahmad Al Jaber, UAE Minister of State and Chairman of Masdar, and Zulkifli Zaini, […]
Masdar And EDF to establish energy services company
ABU DHABI: 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 company dedicated to energy efficiency and distributed solar power generation projects. The agreement was signed by Mohamed Jameel Al Ramahi, Chief Executive […]
Investing in renewables for a long-term impact
Early-stage investments in clean energy made more than a decade ago has given Masdar a head start in a fast-growing sector At the opening of this year’s Abu Dhabi Sustainability Week, it was humbling to see such a diverse, global group taking part. Abu Dhabi, under the leadership of Sheikh Mohamed bin Zayed, Crown Prince […]
Masdar and State Electricity Company Plan to Build the Biggest Solar-Powered Power Plant in South East Asia
JAKARTA: New renewable energy company based in Abu Dhabi, United Arab Emirates (UAE), Masdar, will cooperate with PT Pembangkit Jawa Bali Investasi (PJBI), the grandson of business of PT PLN, to build the floating Solar-Powered Power Plant in the Cirata Reservoir, West Java, which claimed to be the biggest in South East Asia. The […]
Masdar and ANIF join hands to pursue 400MW of solar power projects in Armenia
Masdar, one of the world’s leading renewable energy companies, has entered into a formal agreement with the Armenian National Interests Fund (ANIF) to develop solar power projects with a total capacity of 400 megawatts (MW) in Armenia, an investment of between US$300 million and US$320 million into the Armenian economy. Mohamed Jameel Al Ramahi, Chief […]
GCC to Provide 200,000 Solar Power Jobs by 2030
Highlights Solar careers in 2030 will include 124,000 solar PV jobs, 50,000 concentrated solar power (CSP) jobs, and 23,000 jobs for small-scale solar rooftop projects, it added. The GCC will have 40GW of utility-scale PV projects and nearly 200,000 solar power jobs, said the International Renewable Energy Agency (Irena) ahead of the Solar Expo & […]
UAE’s Masdar to Build $100 Million Solar Farm in Uzbekistan
Masdar, a clean energy development company based in Abu Dhabi, agreed to build a 100-megawatt photovoltaic power station in Uzbekistan’s Navoi region. Under the agreement signed on Friday in Tashkent, Masdar will invest up to $100 million in the project, the Uzbek Ministry of Investments and Foreign trade said in a statement. Masdar will design, […]
Abu Dhabi’s Masdar seeks to acquire minority stake in Hero Group’s clean energy arm
Masdar Clean Energy, wholly owned by the Abu Dhabi government’s Mubadala Investment Company, is seeking to acquire a minority stake in the Munjal family-led Hero Group’s clean energy arm. Masdar, also known as Abu Dhabi Future Energy Company, plans to subscribe to equity shares in Hero Future Energies Global Ltd (HFE UK) and non-voting compulsorily […]
Masdar Wins Bid for Uzbekistan first Solar Project
Mubadala Investment Company’s Masdar announced that it is the winning bidder to develop Uzbekistan’s first public-private partnership solar project under the International Finance Corporation’s Scaling Solar programme. Announced by the Ministry of Investments and Foreign Trade of Uzbekistan, Masdar tendered the lowest tariff in the programme’s competitive auction to develop the 100 MW utility-scale solar […]