Tag: Masdar

Daimler Truck and Masdar explore liquid green hydrogen supply options to decarbonize road freight transport in Europe

Stuart Mitchell

Masdar, the UAE’s clean energy powerhouse, and Daimler Truck Holding AG (“Daimler Truck”), one of the world’s leading commercial vehicle manufacturers, have signed a Memorandum of Understanding (MoU) to explore the feasibility of liquid green hydrogen exports from Abu Dhabi (UAE) to Europe by 2030. The MoU was signed in Abu Dhabi by Fawaz Al Muharrami, Executive Director of Clean Energy and Deputy COO at Masdar and Martin Daum, Chairman of the Board of Management and CEO of Daimler Truck.  The collaboration between the two pioneering companies with complementary roles…

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Masdar celebrates the work of Emirati Women sustainability champions

Stuart Mitchell

Masdar is honoring the outstanding achievements and invaluable contributions of remarkable Emirati women who are working to build a sustainable future for all. A new campaign, launched by Masdar in celebration of Emirati Women’s Day, features prominent Emirati sustainability pioneers who are at the forefront of the UAE’s global sustainability mission, alongside several young Emirati women who are set to be amongst the next generation of sustainability leaders. The campaign also spotlights the work of WiSER (Women in Sustainability, Environment and Renewable Energy), Masdar’s global platform that champions women as…

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Masdar launches first US$750 million 10-year Green Bond

Stuart Mitchell

Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. There was exceptionally strong appetite from regional and international investors with the orderbook peaking at US$ 4.2bn, i.e. oversubscription of 5.6x. Pricing tightened 35bps between launch and final terms, with a final landing spread of 115bps over US Treasuries and a coupon of 4.875%. Allocation was finalized with a split of 87.5% to international investors and 12.5% to MENA investors. The debut green bond…

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Octopus Energy Group and Masdar sign agreement to manage UK battery storage

Stuart Mitchell

Global energy tech group Octopus Energy have announced it has signed a framework agreement with Masdar, one of the world’s leading clean energy companies, to license Octopus’ groundbreaking technology platform Kraken. Masdar will use Kraken to flexibly manage its battery storage portfolio in the UK. In the presence of HE Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar, and COP28 President-Designate, the agreement was signed between Mohamed Jameel Al Ramahi, CEO of Masdar, and Greg Jackson, Founder and CEO of Octopus Energy Group,…

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TotalEnergies joins Masdar and Siemens Energy in initiative to drive green hydrogen development and produce Sustainable Aviation Fuel

Stuart Mitchell

Masdar, one of the world’s leading renewable energy companies, welcomes today TotalEnergies and its expertise in the energy sector, to a Masdar-led initiative focused on green hydrogen to produce sustainable aviation fuel (SAF). Masdar, Siemens Energy and TotalEnergies have signed a collaboration agreement on the sidelines of Abu Dhabi Sustainability Week (ADSW) 2022, to act as co-developers for a demonstrator plant project, which will be established at Masdar City, Abu Dhabi’s flagship sustainable urban development. Francois Good, Senior Vice President, Refining and Petrochemicals Africa Middle East and Asia at TotalEnergies,…

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