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
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,…
Read MoreWorld’s first floating wind farm has started production
Hywind Scotland, the first floating wind farm in the world, has started to deliver electricity to the Scottish grid. The First Minister of Scotland, Nicola Sturgeon, has officially opened the wind farm. The 30MW wind farm, operated by Statoil in partnership with Masdar, is located 25 kilometers offshore Peterhead in Aberdeenshire, Scotland and will power approximately 20,000 households.“Hywind can be used for water depths up to 800 meters, thus opening up areas that so far have been inaccessible for offshore wind. The learnings from Hywind Scotland will pave the way…
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