Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae and Madrid (ots/PRNewswire) - - The transaction would see Masdar become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditions - Masdar will invest €817m to acquire a 49.99% stake in 2GW of solar energy plants, with a potential BESS hybridization for up to 0.5 GW - Masdar has also ...
Dubai, Uae (ots/PRNewswire) - - ALTÉRRA was launched at COP28 with a US$30 billion commitment from the UAE, making it the world's largest private investment vehicle for climate change action. - "The vehicle will play a critical role in driving climate investments to where it is most needed to unlock impact at scale ...
Dubai, Uae (ots/PRNewswire) - - The COP Presidencies Troika, a key achievement of the COP28 Presidency mandated by the UAE Consensus, unites COP28 with the next two COP Presidencies – Azerbaijan and Brazil – to drive ambitious collective climate action. The three will work on the 'Roadmap to Mission 1.5°C'. - ...
Abu Dhabi, Uae (ots/PRNewswire) - First Abu Dhabi Bank (FAB) delivered record full year 2023 and fourth quarter results, consolidating a three-year journey of disciplined acceleration in business momentum, demonstrating remarkable growth and profitability as a MENA banking powerhouse. FAB's Board proposed a total ...
Dubai, Uae (ots/PRNewswire) - The inaugural "Housearch Investment Index" has highlighted the Gulf countries, with Oman, Qatar, and the United Arab Emirates, particularly Dubai, securing top positions for residential property investment in 2024. This trend underscores the region's appeal as a stable and reliable ...
Dubai, Uae (ots/PRNewswire) - In the inaugural release of the "Housearch Investment Index", Ireland has topped the ranking of destinations for residential property investment in 2024. This comprehensive index evaluates the investment attractiveness of residential property markets in 50 countries. Joining Ireland in the European spotlight are Cyprus (2nd globally), ...
Sustainable Markets Initiative
Dubai, Uae (ots/PRNewswire) - Sustainable Markets Initiative's Founder, His Majesty King Charles III, opened the COP28 Business and Philanthropy Climate Forum at reception in Dubai More than 1,000 private sector CEOs, Heads of State and Philanthropic leaders came together at first-ever Business and Philanthropy ...
Masdar, the Abu Dhabi Future Energy Company
Dubai, Uae (ots/PRNewswire) - - Masdar, the UAE's flagship renewable energy company, and VERBUND Green Hydrogen GmbH, part of VERBUND group, Austria's leading energy company, sign agreement at COP28 to explore feasibility of large-scale electrolysis in central Spain. - Agreement creates a 50:50 partnership for a joint study to explore the development of green hydrogen, ...
Masdar, the Abu Dhabi Future Energy Company
Dubai, Uae (ots/PRNewswire) - - Agreement marks a significant expansion of Masdar's European renewable energy portfolio - Projects in Poland are expected to come online between 2026 and 2030 and will have a total combined capacity of more than 1GW - Project on eight sites will operate a hybrid of solar photovoltaic (PV) and onshore wind to maximize grid allocation ...
Abu Dhabi, Uae (ots/PRNewswire) - - COP28 Business & Philanthropy Climate Forum announces partnerships with Sustainable Markets Initiative (SMI), International Finance Corporation (IFC), Organisation for Economic Co-operation and Development (OECD), World Economic Forum, Asian Development Bank, Africa Finance ...
Abu Dhabi, Uae (ots/PRNewswire) - - Business & Philanthropy Climate Forum to accelerate climate and nature solutions. - Over 500 CEOs and Philanthropists to convene 1 and 2 December. - The Forum will connect business and philanthropy with the COP28 Action Agenda, helping to enable a fast-tracked energy transition, ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - UAE's clean energy powerhouse Masdar awarded sixth phase of Mohammed bin Rashid Al Maktoum Solar Park PV Project in Dubai featuring a cost of up to AED5.51 billion - The 1,800MW sixth phase will increase solar park's total production capacity to 4,660MW - Ahead of UAE hosting ...
Abu Dhabi, Uae (ots/PRNewswire) - - COP28 UAE Presidency will host critical climate talks alongside an ambitious and inclusive two-week thematic program. - Official program designed following COP28 President-Designate's global listening and engagement tour and strategic vision and plan announcement at MoCA in July. ...
Abu Dhabi, Uae (ots/PRNewswire) - - A meeting of world leading economists and finance leaders convened by the COP28 Presidency has resulted in alignment on the next steps to deliver a new framework for international climate finance - The meeting and its outcome, which builds on momentum of the Bridgetown Initiative ...
Abu Dhabi, Uae (ots/PRNewswire) - - The COP28 Presidency will convene the Independent High-Level Expert Group (IHLEG) in the UAE to drive progress on steps to reform international finance ahead of COP28. - The meeting will bring together world-leading economists to define success for COP28, COP29 and COP30, and ...
Abu Dhabi, Uae (ots/PRNewswire) - - A joint statement emphasized the importance of creating an inclusive and transparent platform that fosters solidarity and transformative progress across the climate agenda. - The statement also reiterated the COP28 Presidency and UNFCCC's shared vision to ensure that voices from ...
Abu Dhabi, Uae (ots/PRNewswire) - - During the 8th OPEC International Seminar, held in Vienna, under the theme "Towards a Sustainable and Inclusive Energy Transition." Dr. Al Jaber thanked OPEC for playing an essential role in balancing energy markets, promoting global prosperity and advancing the goals of sustainable development. - "Dramatically reducing emissions, ...
Abu Dhabi, Uae (ots/PRNewswire) - - Dr. Sultan Al Jaber, COP28 President-Designate, delivers virtual address at meeting of Ministers and High Authorities of Environment, Science, Technology, and Innovation of G77 + China, on Sustainable, Inclusive, and Resilient Development - G77 countries "represent 80 percent of global population and provide an essential forum for the Global South to deliver a united voice on the ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - 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 ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - 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 ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - 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 ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - 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 ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - 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 ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - 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 ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - 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 ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - 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 ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - Anchor event of Abu Dhabi Sustainability Week 2023 will gather world leaders, global CEOs, and international sustainability advocates to identify key sustainability issues for coming year - ADSW Summit speakers to include H.E. Mariam bint Mohammed Al Mheiri, Minister of Climate Change and Environment, and UAE and Simon Stiell, Executive Secretary, UNFCCC - Summit agenda will cover the ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - 'United on Climate Action Towards COP28' will be theme of ADSW 2023, taking place next week in UAE capital and hosted by Masdar The clock is ticking... on the countdown to a sustainable future. Abu Dhabi Sustainability Week, the global platform for accelerating sustainable ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae (ots/PRNewswire) - - 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 Sustainability ...
Abu Dhabi, Uae (ots/PRNewswire) - - 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 - ...