Masdar

Masdar in figures

Capacity of projects Masdar is involved in:At least 11 GW

Value of these projects: At least USD 19.9 billion

Companies located in Masdar City: More than 900

Global footprint:More than 30 countries

Green leader

Active since 2006, Masdar is spearheading the UAE’s sustainable energy strategy in both the local and international arenas. Wholly owned by Mubadala Investment Company, the strategic investment arm of Abu Dhabi’s government, Masdar aims to take up leadership in the global energy industry while fostering research and investment in sustainable energy sources and economic diversification.

In 2008, Masdar embarked on the ambitious Masdar City development. This economic free zone has created a unique ecosystem of business, start-ups, academia, R&D, and commercial and residential urbanisation focused on the development of innovative and sustainable livelihoods. The city is the centrepiece of Abu Dhabi’s strategic initiative to diversify its energy mix and become a world leader in renewable energies, clean technologies and sustainable development.

Working with Siemens: Masdar and Siemens Energy have a long-term strategic partnership in several areas such as energy efficiency, smart grids, smart buildings, carbon capture and storage, and hydrogen.

Working with EDF: Masdar and EDF Renewables were awarded the Dumat Al Jandal wind project in Saudi Arabia; they are acquiring strategic investments in the USA for a 1.6-GW, eight-project clean energy portfolio; and they are exploring renewable energy opportunities in Israel.

Masdar has been leading the energy transition in the UAE thanks to its own investment and R&D, but also to key partnerships with international leaders in the renewable energy sector. The company is present in two key solar projects in the UAE: Shams Solar Plant, the UAE’s first large-scale solar power plant, and Phase 3 of the Mohamed bin Rashid Al Maktoum Solar Park. It is also a shareholder in the Emirates Waste to Energy Company in Sharjah.

Masdar’s expansion in the international renewable energy markets has been equally impressive and diverse, with a presence across many continents and in many types of technology. In the UK, Masdar has been involved in several wind energy projects, such as London Array, and also power storage and charging infrastructure for EVs. Masdar has also entered the wind energy markets in the USA and Poland. Regarding solar PV projects, Masdar has been involved in projects in locations ranging from Pacific islands to the Caribbean, Uzbekistan, Indonesia, Ethiopia, India and Azerbaijan. The company entered the waste-to-energy market in Australia in 2020.

Masdar features

ABU DHABI DEPARTMENT OF ENERGY MARAR
Interview
Abu Dhabi - May 31, 2021

H.E. Eng. Awaidha Murshed Ali Al Marar, chairman of the Abu Dhabi Department of Energy (DoE), talks to The Energy Year about the…

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Valerie LEVKOV EDF
Interview
Abu Dhabi - April 26, 2021

Valerie Levkov, EDF’s senior vice-president in charge of the Middle East and Africa, talks to The Energy Year about the company’s critical contribution to the…

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green hydrogen H2pro Gates startup
Articles
Abu Dhabi - April 23, 2021

The UAE is positioning itself to become an international leader in the future hydrogen economy, which has an estimated USD 11-trillion market potential. With ADNOC and…

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Dietmar SIERSDORFER Middle East and UAE Managing Director SIEMENS ENERGY
Interview
Abu Dhabi - April 09, 2021

Dietmar Siersdorfer, Siemens Energy’s Middle East and UAE managing director, talks to The Energy Year about the company’s role in the region’s energy transition,…

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Mubadala and Snam ink MoU on hydrogen
NEWS
Abu Dhabi - March 23, 2021

The UAE’s Mubadala Investment Company and Italy’s Snam have signed an MoU for joint investment and development initiatives on hydrogen.

Via this agreement, the…

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Interview
Abu Dhabi - February 16, 2021

Salem bin Ashoor, BP’s chief representative and general manager in the UAE, talks to The Energy Year about the company’s role in the energy transition and its…

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