Masdar | Egypt Oil & Gas - Part 2

Mubadala’s Masdar to Double Renewable Energy Capacity

Mubadala subsidiary Abu Dhabi Future Energy Company (Masdar) plans to double the renewable energy capacity in the upcoming five years, Reuters reported. Until now, Masdar has invested around $8.5 billion in renewable ...

NREA to Establish BOO Wind Farm

The New and Renewable Energy Authority (NREA) will work with Abu Dhabi Future Energy Company (Masdar) to build a wind farm, using the build, own, operate (BOO) framework, Al Mal News reports. The wind farm’s cap...

Oman to Build First Wind Power Project

Oman is set to commence work on its first wind-power project, according to a governmental official, reports Trade Arabia. The project, called Harweel, will be built in the Dhofar Governorate and will be operational wi...

Aramco Signs MoUs for Petroleum, Energy Collaboration

Saudi Aramco signed early April two different memorandums of understandings (MoU) covering energy and oil and gas technology, Hellenic Shipping News reported. Hellenic Shipping added that the first MoU was signed with...

Dubai to Start Building Solar Park

Construction of the 800MW phase three of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai will start at the end of January, Gulf Business reported. GranSolar, Acciona, and Ghella were awarded the engineering, pr...

Masdar Bought 25% Stake in UK Wind Farm

Abu Dhabi green energy firm Masdar has acquired a 25% stake in Hywind Scotland, the world’s first offshore floating wind farm, Reuters reported. Under the agreement, Masdar will share the development risk with N...

DEWA, Masdar Signed PPA for Solar Park

Dubai Electricity and Water Authority (DEWA) has signed a power purchase agreement (PPA) with Abu Dhabi Future Energy Company (Masdar) for the third phase of a solar park in Dubai, at a rate of $29.90/MWh, reported Re...

UAE to Enhance Oil Reserves with Carbon Dioxide

Abu Dhabi National Oil Company (Adnoc) and leading energy company Masdar have jointly developed the first carbon capture utilisation and storage (CCUS) plant in the Middle East and North Africa (MENA) region, reported...

UAE’s Masdar Completes Solar Plant in Solomon Islands

The United Arab Emirates and New Zealand inaugurated a solar power plant in Solomon Islands, developed and deployed by Masdar, Abu Dhabi’s renewable energy company and which will provide the Islands with 7% of its ele...

Masdar Completes 30MW Clean Energy Projects in Egypt

Masdar, Abu Dhabi’s renewable energy company, has completed the delivery of 30 MW clean energy projects and 7,000 solar home systems in remote and strategic areas across Egypt, GDN Online informed. Masdar’s Special Pr...

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