Tag Archives: Masdar

Masdar acquires stake in Montenegro wind farm

Abu Dhabi Future Energy Company (Masdar) today signed a share purchase agreement (SPA) with Akuo Energy, the French IPP in renewable energy, to enter into the Krnovo Wind Farm, Montenegro’s first wind energy project. The agreement was signed by Niall Hannigan, chief financial officer of Masdar, and Eric Scotto, chief executive officer of Akuo Energy, … Continue reading Masdar acquires stake in Montenegro wind farm

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Zero-subsidy bidding in latest Dutch offshore wind energy auction

The Dutch government has given subsidy-free bidders first bidding in an auction for the twin 350 MW Hollandse Kust Zuid offshore wind projects. On Friday 15 December Swedish energy group Vattenfall announced its zero-subsidy bid. EnBW, Masdar, Shell and Statoil have also confirmed their bid for this auction. The Dutch Government accepted bids from any … Continue reading Zero-subsidy bidding in latest Dutch offshore wind energy auction

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Dudgeon offshore wind farm officially opened

Statoil and partners Masdar and Statkraft officially open the Dudgeon offshore wind farm in Great Yarmouth today (November 22nd). Since the investment decision was made in 2014, construction costs have been reduced by more than 15%, from GBP 1.5 billion to approximately GBP 1.25 billion. All 67 turbines at the 402MW Dudgeon offshore wind farm … Continue reading Dudgeon offshore wind farm officially opened

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Masdar chief urges Saudi Arabia to tap wind energy

Wind power represents a huge untapped source of energy for Saudi Arabia, according to the CEO of Masdar. Saudi Arabia’s Red Sea coast enjoys attractive wind resources similar to parts of Jordan where the Abu Dhabi-based company has also helped to develop wind power, said Mohamed Jameel Al-Ramahi, CEO of Masdar, in an interview on … Continue reading Masdar chief urges Saudi Arabia to tap wind energy

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A breakthrough for offshore wind energy: world’s first floating wind farm opens in Scotland

The world’s first floating offshore wind farm was officially opened today in Scotland. Statoil has installed a 30 MW wind farm of the North East coast of Scotland. It comprises five 6 MW Siemens turbines installed on floating structures at Buchan Deep, 25 km off Peterhead. The “Hywind Scotland” wind farm is expected to power … Continue reading A breakthrough for offshore wind energy: world’s first floating wind farm opens in Scotland

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General Electric To Lead Wind Power Project In Abu Dhabi

Masdar, a renewable energy company in Abu Dhabi, has signed a deal with a consortium made up of several global players to put up a wind farm in Oman. The consortium consists of TSK from Spain and the US-based General Electric. The project is the joint work of Oman’s Rural Areas Electricity Company and Masdar … Continue reading General Electric To Lead Wind Power Project In Abu Dhabi

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Oman prepares to build the first large-scale wind farm in the GCC region

Abu Dhabi’s renewable energy company, Masdar, signed an Engineering, Procurement & Construction (EPC) contract with a global consortium comprising GE and Spain’s TSK to build the Dhofar Wind Power Project, the first large-scale wind farm in Oman and the GCC. The Dhofar Wind Power Project is a result of the joint development agreement that was … Continue reading Oman prepares to build the first large-scale wind farm in the GCC region

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Masdar to help build Oman wind farm

Masdar, the Abu Dhabi-based renewable energy company, signed an engineering, procurement and construction contract with a group of companies that include GE and Spain TSK to build a wind farm in Oman, the first large scale project of its kind in the Gulf.   “Oman has immense untapped potential in renewable energy, particularly in solar and wind. Masdar is proud to be … Continue reading Masdar to help build Oman wind farm

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First commercial floating offshore wind farm nears completion

The fifth and final wind turbine for the Hywind Scotland commercial-scale floating offshore wind farm, a joint project between Masdar and Statoil, has arrived at its final destination, Buchan Deep, 25km east of Peterhead in Scotland. Earlier this summer, all five turbines were successfully assembled outside Stord, Norway and they have now completed their journey … Continue reading First commercial floating offshore wind farm nears completion

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Masdar JV set to launch world’s first floating wind farm

Abu Dhabi’s renewable energy company Masdar said its joint venture has reached a key milestone in the development of the world’s first commercial scale floating wind farm, which on completion will be sited off the coast of Aberdeenshire, Scotland. All five wind turbines, each with a capacity of six megawatts, have been mated onto a … Continue reading Masdar JV set to launch world’s first floating wind farm

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London Array offshore wind farm marks third anniversary

The London Array, the world”s largest offshore wind farm, continues to break records as it marks three years of successful operations today. The sophisticated 630-megawatt wind power project, the largest international investment of Abu Dhabi”s renewable energy company, Masdar, delivers clean and reliable energy to more than half-a-million homes throughout the United Kingdom. Since its … Continue reading London Array offshore wind farm marks third anniversary

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Masdar consortium wins Dubai 800 MW concentrated solar power deal

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) announced today the selected bidder for the 800 megawatt (MW) third phase of the Mohammed bin Rashid Al Maktoum Solar Park, which will be constructed based on the Independent Power Producer (IPP) model. HE Dr. Sultan Ahmed Al Jaber, Minister … Continue reading Masdar consortium wins Dubai 800 MW concentrated solar power deal

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Solar power prospects burn bright in Saudi Arabia

When I wrote two weeks ago that Saudi Arabia is targeting 41-GW of solar electricity generation, a sceptical friend rightly asked me to check this number. I was quoting the American Energy Information Administration Country analysis report. I know the number is staggering but it is achievable considering the consequences of not doing so. In … Continue reading Solar power prospects burn bright in Saudi Arabia

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Masdar’s solar energy hub launched at US event

Abu Dhabi’s renewable energy company Masdar has announced the international launch of its solar hub at Intersolar North America, a premier networking platform for the North American solar industry. Held at San Francisco, California, from July 14 to 16, Intersolar North America brings together businesses and leaders from the most important markets around the globe. … Continue reading Masdar’s solar energy hub launched at US event

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Offshore wind power: 630 MW London Array wind farm with 175 wind turbines

Saturday marked the second-year anniversary of the inauguration and completion of London Array, the world’s largest offshore wind farm. The sophisticated, 630MW wind power project — and Masdar’s largest international investment to date — continues to deliver clean and reliable energy to more than half-a-million homes throughout the United Kingdom.   Since its launch, London … Continue reading Offshore wind power: 630 MW London Array wind farm with 175 wind turbines

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Masdar opens solar power hub to boost R&D in renewables

Masdar and its educational unit the Masdar Institute of Science and Technology have collaborated to launch the Masdar Solar Hub to expedite the development of solar energy  technologies. The new hub aims to support Abu Dhabi’s efforts to achieve its ambitions for solar energy development and deployment through research and development of solar photovoltaic, solar … Continue reading Masdar opens solar power hub to boost R&D in renewables

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Peugeot selects Gemasolar Concentrated Solar Power plant as backdrop for new 308 R Hybrid ad campaign

The Gemasolar Concentrated Solar Power plant, owned by Torresol Energy and designed and build by SENER, is chosen once again as the backdrop for an ad campaign.    This time, the car manufacturer Peugeot is advertising its new 308 R Hybrid among the heliostats of the innovative thermoelectric plant. The model will make its debut … Continue reading Peugeot selects Gemasolar Concentrated Solar Power plant as backdrop for new 308 R Hybrid ad campaign

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Cost-Breakthroughs Make Solar Energy and Wind Power the UAE’s Most Competitive Energy Sources

Solar energy and wind power may now be the cheapest sources of new energy supply in the United Arab Emirates, according to a report released today by the UAE Ministry of Foreign Affairs, International Renewable Energy Agency (IRENA), and Masdar Institute of Science and Technology.   Marking the country’s first public comparison of different energy … Continue reading Cost-Breakthroughs Make Solar Energy and Wind Power the UAE’s Most Competitive Energy Sources

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Morocco to establish solar energy programs with Masdar

The government aims to install 2 GW of solar energy by 2020, which will represent 14 percent of the country’s total installed capacity.   UAE-based clean energy firm Masdar and Morocco’s Office National de l’Electricité et de l’Eau Potable (ONEE) have signed a partnership to design, supply and install 17,670 solar home systems across 940 … Continue reading Morocco to establish solar energy programs with Masdar

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Masdar, Acwa to build photovoltaic solar power plant in Egypt

Leading Gulf-based energy firms Masdar and Acwa Power has signed Memorandums of Understanding (MoU) with the Egyptian Electricity Holding Company to develop up to 4 Gigawatts of renewable and natural gas power generation projects in Egypt. As per the deal, Masdar, Abu Dhabi’s multifaceted renewable energy company, would lead development of renewable energy projects. The … Continue reading Masdar, Acwa to build photovoltaic solar power plant in Egypt

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