Masdar
| Key people | Sultan Ahmed Al Jaber (chairman; Mohamed Jameel Al Ramahi (Chief Executive Officer |
|---|---|
| Industry | Renewable energy, clean technology, Green hydrogen[1] |
| Owner(s) | Abu Dhabi National Oil Company, Mubadala Investment Company, Abu Dhabi National Energy Company[2] |
Masdar, also known as the Abu Dhabi Future Energy Company, is an Emirati state-owned renewable energy company. It was founded and chaired by Sultan Al Jaber in 2006 as a subsidiary of Mubadala Investment Company.
Al Jaber has tried to position the UAE as a leader on environmental issues, and himself as an environmental advocate.[3] It has invested in carbon capture and green hydrogen projects, while also committing to power its operations with renewable energy sources.[4][5] However, critics say these investments pale in comparison to Al Jaber's expansion of gas and oil production and are part of a greenwashing campaign. Stanley Reed, an energy journalist for the New York Times, commented that these announcements were in part "image-burnishing", and that while Abu Dhabi's government sought to diversify its economy, it also aimed to maintain a significant future market for its oil reserves.[3]
Masdar has also published a white paper promoting the use of artificial intelligence to "reshape the future of energy" and "create a more sustainable, efficient, and equitable energy system for all."[6]
This paper from ADNOC, Masdar and Microsoft outlines seven key areas for collaboration between the energy and technology sectors to accelerate the transition to a net-zero energy system. By harnessing AI’s capabilities, from methane reduction to grid resilience, these industries can address growing energy demands and drive an inclusive transformation.
Masdar renewable energy projects
- Akhali Samgori solar farm
- Asopia solar farm
- Cibuk wind farm
- Dhi Qar Solar
- Garadagh Solar PV Plant
- Green Prosperity solar farm
- Masdar CCS Project
- Masdar Côte d'Ivoire solar farm
- Masdar Geen Hydrogen solar farm
- Masdar Geen Hydrogen wind farm
- Masdar -Infinity wind farm
- Masdar Mousl Solar
- Masdar solar farm (Ethiopia)
- Masdar Solar Power Plant
- Masdar Zesco solar farm
- Nur Navoi solar farm
- Ramadi solar farm
- Samarkand solar farm
- Sherabad solar farm
- Jeddah Solar Project
- Jizzakh solar farm
References
- ↑ "UAE's ADNOC, Taqa and Mubadala complete Masdar stake deal". www.cnbc.com. 26 April 2022. Retrieved 2023-05-18.
- ↑ "UAE's ADNOC, Taqa and Mubadala complete Masdar stake deal". www.reuters.com. 8 December 2022. Retrieved 2023-04-24.
- ↑ 3.0 3.1 Reed, Stanley (30 October 2021). "A Major Persian Gulf Oil Producer Tries to Burnish Its Climate Credentials". New York Times.
- ↑ Wang, Herman (26 October 2021). "ADNOC aims to decarbonize operations with solar, nuclear power supply deal". S&P Global.
- ↑ Pike, Christopher (22 December 2021). "UAE's ADNOC, TAQA in $3.6 bln project to slash offshore carbon footprint". Reuters.
- ↑ "AI and Energy for a Sustainable Future: POWERING POSSIBLE". masdar.ae. 31 October 2024. Retrieved 2024-11-17.
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