ABU DHABI, UAE

Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to triple global renewable energy capacity by 2030. During the UAE Climate Tech Forum in Abu […]

Ryse Energy, a global leader in decentralized renewable energy systems having sold or installed more than 4,000 units for clients worldwide, announces it has raised a $15 million growth funding round. The round was led by RWE Energy Transition Investments, an investment vehicle of RWE Supply & Trading GmbH, the energy trading arm of the […]

Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, announced today it has completed the acquisition of the entire shareholding of Lekela Power. The transaction makes Infinity Power the largest renewable energy company on the African continent. Infinity’s key stakeholders include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD). […]

Executives from ‘hard-to-abate’ industries have called for increased financing to support decarbonization efforts, following the release of a landmark report that outlines less than a third believe they have adequate budgets to do so, and over half have not yet set net-zero targets. Reducing emissions in the hard-to-abate industries – cement, steel, aluminum, petrochemicals, shipping, […]

Masdar, a global clean energy powerhouse, is entering the geothermal energy sector, through a strategic investment in Pertamina Geothermal Energy (PGE), one of the world’s largest geothermal players. The investment marks Masdar’s entry into geothermal energy, in the second-largest geothermal market in the world. HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced […]

Masdar, one of the world’s fastest-growing renewable energy companies, has pledged to strengthen its support for Azerbaijan’s renewable energy development with the opening of an office in Baku, the capital city.   The inauguration event for the office, located in Port Baku Tower, was attended by His Excellency Mohammed Murad Al Blooshi, UAE Ambassador to […]