Masdar

Company description

Masdar is focused on promoting the clean energy industry in Abu Dhabi and around the world, and it is a catalyst for the economic diversification of the emirate. The Mubadala Development Company, which is owned by the Abu Dhabi government, established Masdar as a wholly-owned subsidiary in 2006. Masdar is guided by The Abu Dhabi Economic Vision 2030, a program that drives new sources of income for the emirate and strengthens its knowledge-based economic sectors.

Company details

City:
Abu Dhabi
Address:
Masdar City, Presidential Flight, Khalifa City A, Abu Dhabi, UAE P.O. Box 54115

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • October 17, 2024

    Iberdrola and Masdar complete wind turbine installation at Baltic Eagle offshore wind farm

    Iberdrola and Masdar have completed turbine installation at the 476 MW Baltic Eagle offshore wind farm, in the German Baltic Sea. Once fully operational, Baltic Eagle will generate renewabl...

    Read more
  • September 24, 2024

    Financial Close Announced for 1.5 GW Solar PV project in UAE

    EDF Renewables, Korea Western Power Co. (Kowepo), and Masdar have secured financing to build a 1.5 GW Al Ajban Solar Photovoltaic (PV) Independent Power Producer (IPP) project, located about 70 km nor...

    Read more
  • August 23, 2024

    Masdar signed Power Purchase Agreement for 200 MW wind farm in Egypt

    Masdar, and Infinity Power, have signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) to deliver a long-term supply of renewable energy generated by a 200...

    Read more
  • August 21, 2024

    KAPP shortlists companies for Dabdeba, Shagaya Renewable Energy Projects

    The Kuwait Authority for Partnership Projects (KAPP) has announced the qualification results of the companies and consortiums applying for the Dabdeba Electric Power Generation Project and the Shaqaya...

    Read more
  • July 11, 2024

    SNOC and Emerge kick off Sharjah PV farm

    Emerge Limited, a joint venture between Masdar and the EDF Group breaks ground on Sharjah National Oil Corporation (SNOC) 60 MWp solar PV plant in Sharjah, UAE. The 60 MWp ground-mounted solar PV pla...

    Read more
  • July 01, 2024

    Qualified Candidates for 500 MW Ibri III Solar Project Announced

    Nama Power and Water Procurement Company has revealed the pre-qualified candidates for the OMR 155 million (US$ 401 million) Ibri III solar project to be built in Ibri, a city in the governorate...

    Read more
  • June 17, 2024

    Masdar buys out Greece’s Terna Energy in USD3.4 billion deal

    Masdar, a renewables developer based in Abu Dhabi, has agreed to acquire a majority stake in Greek energy company Gek Terna.

    Read more
  • April 26, 2024

    1.5 GW Solar PV Project awarded in UAE

    EWEC (Emirates Water and Electricity Company), announced the award for its 1.5 gigawatt (AC) Al Ajban Solar PV Independent Power Project located in Abu Dhabi in the United Arab Emirates.

    Read more
  • March 25, 2024

    Phase I of 511 MW Solar Project in Uzbekistan connected to grid

    Abu Dhabi Future Energy Co, also known as Masdar has announced that the Samarkand and Jizzakh solar power plants in Uzbekistan have recently connected their initial units to the grid fo...

    Read more
  • February 22, 2024

    Financial close achieved for 1.8 GW Solar project in UAE

    Dubai Electricity and Water Authority (DEWA) and Masdar announced the financial closing of the 1800 MW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park located in Dubai, UAE.

    Read more