PJSC

Masdar Advances 10GW Africa Growth Plan to Unlock Energy Transition in Six Sub-Saharan Nations

Retrieved on: 
Thursday, December 7, 2023
Ministry, Concession, G2G, Watt, Carbon, PGE, Roadmap, Research, Water, COP28, Investment, Mineral Resources Limited, Congo, Geothermal Development Company, ZESCO, PJSC, Mining, Africa50, Wind, Memorandum of understanding, Republic, Infinity Power Chutes, Partnership, McKinsey & Company, Electricity, IRH, Initiative, Renewable energy, Energy, Masdar

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE's clean energy leader, in support of the clean energy transition across the continent.

Key Points: 
  • DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE's clean energy leader, in support of the clean energy transition across the continent.
  • These agreements support the development of clean energy portfolios across several markets in Africa, helping to unlock that potential and deliver improved levels of energy security to its population.
  • Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: "Masdar's growth plans will help unlock Africa's clean energy potential and further advance its energy transition.
  • Masdar's commitment aims to mobilize a total of US$10 billion in investments to deliver 10GW of clean energy capacity in Africa by 2030.

Masdar and VERBUND to Explore Developing Large-Scale Green Hydrogen Production in Spain

Retrieved on: 
Thursday, December 7, 2023
Hydrogen, Carbon, UN, COP28, JSA, PJSC, Climate change, Electrolysis, Wind, Farm, Conference, Partnership, Water, Oxygen, Aviation, Growth, Electricity, Fertilizer, Transport, Renewable energy, Management, Masdar

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- COP28, Expo City Dubai; Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading renewable energy companies, and VERBUND Green Hydrogen GmbH have signed a deal to explore developing a green hydrogen plant in central Spain with a view to decarbonizing Europe's hard-to-abate sectors.

Key Points: 
  • DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- COP28, Expo City Dubai; Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading renewable energy companies, and VERBUND Green Hydrogen GmbH have signed a deal to explore developing a green hydrogen plant in central Spain with a view to decarbonizing Europe's hard-to-abate sectors.
  • As world leaders negotiate at the UN's Climate Change Conference COP28 in the UAE, clean energy pioneers Masdar and VERBUND Green Hydrogen GmbH moved forward with plans to analyze the feasibility of building one of Europe's largest green hydrogen production plants in central Spain.
  • The agreement was signed by Mohammad Abdelqader El Ramahi, Masdar's Chief Green Hydrogen Officer and Hamead Ahrary, Managing Director of VERBUND Green Hydrogen GmbH during COP28 in Expo City Dubai.
  • Mohammad Abdelqader El Ramahi, Masdar's Chief Green Hydrogen Officer, said: "Masdar is delighted to be moving forward on this milestone project with our strategic partner, VERBUND Green Hydrogen GmbH.

Masdar and VERBUND to Explore Developing Large-Scale Green Hydrogen Production in Spain

Retrieved on: 
Thursday, December 7, 2023
Hydrogen, Carbon, UN, COP28, JSA, PJSC, Climate change, Electrolysis, Wind, Farm, Conference, Partnership, Water, Oxygen, Aviation, Growth, Electricity, Fertilizer, Transport, Renewable energy, Management, Masdar

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- COP28, Expo City Dubai; Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading renewable energy companies, and VERBUND Green Hydrogen GmbH have signed a deal to explore developing a green hydrogen plant in central Spain with a view to decarbonizing Europe's hard-to-abate sectors.

Key Points: 
  • DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- COP28, Expo City Dubai; Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading renewable energy companies, and VERBUND Green Hydrogen GmbH have signed a deal to explore developing a green hydrogen plant in central Spain with a view to decarbonizing Europe's hard-to-abate sectors.
  • As world leaders negotiate at the UN's Climate Change Conference COP28 in the UAE, clean energy pioneers Masdar and VERBUND Green Hydrogen GmbH moved forward with plans to analyze the feasibility of building one of Europe's largest green hydrogen production plants in central Spain.
  • The agreement was signed by Mohammad Abdelqader El Ramahi, Masdar's Chief Green Hydrogen Officer and Hamead Ahrary, Managing Director of VERBUND Green Hydrogen GmbH during COP28 in Expo City Dubai.
  • Mohammad Abdelqader El Ramahi, Masdar's Chief Green Hydrogen Officer, said: "Masdar is delighted to be moving forward on this milestone project with our strategic partner, VERBUND Green Hydrogen GmbH.

Natural Gas Liquids (NGLs) Market size to grow by USD 19.62 billion from 2023 to 2028; Growth Driven by Increasing renewable energy demand - Technavio

Retrieved on: 
Wednesday, December 6, 2023
Citizens Energy Corporation, Carbon, Coal, Plastic, Shell plc, Natural Resources, Chevron Corporation, PDF, NGL, Shell, PJSC, Ethane, Chesapeake Energy, Propane, USD, Equinor, BP, PDVSA, Growth, Valero Energy, Atlas, TotalEnergies, SE, ExxonMobil, Gasoline, Natural gas, Marketing, Free

NEW YORK, Dec. 6, 2023 /PRNewswire/ -- The natural gas liquids (NGLs) market is expected to grow by USD 19.62 billion from 2023 to 2028, according to Technavio.

Key Points: 
  • NEW YORK, Dec. 6, 2023 /PRNewswire/ -- The natural gas liquids (NGLs) market is expected to grow by USD 19.62 billion from 2023 to 2028, according to Technavio.
  • Increasing renewable energy demand is notably driving the natural gas liquids (NGLs) market.
  • The natural gas liquids (NGLs) market is fragmented, and companies are deploying organic and inorganic growth strategies to compete in the market.
  • The gasoline as a fuel market size is estimated to grow at a CAGR of 1.06% between 2022 and 2027.

Masdar signs Agreements for 1GW Wind and potential Green Hydrogen Plant in Jordan

Retrieved on: 
Tuesday, December 5, 2023
Ministry, COP28, Port, Investment, Mineral Resources Limited, PJSC, Wind, Seawater, BESS, Partnership, Excellency, Environment, Port of Aqaba, Renewable energy, Masdar

The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilizing desalinated seawater, and dedicated renewable power.

Key Points: 
  • The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilizing desalinated seawater, and dedicated renewable power.
  • Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi said: "With substantial wind and solar resources that can be used to generate large amounts of renewable energy, and produce cost-competitive green hydrogen and green fuels, Jordan has the potential to become a global powerhouse in the green energy transition.
  • Building on the strength of our longstanding partnership, Masdar is delighted to bring our expertise in clean energy projects and technologies to help Jordan achieve its decarbonization plans and unlock the nation's enormous potential."
  • Masdar is pursuing a target of 1 million tonnes of green hydrogen production by 2030 as part of the UAE's plans to establish itself as a green hydrogen hub and capture 25 per cent of the global low-carbon hydrogen market by 2030.

Masdar signs Agreements for 1GW Wind and potential Green Hydrogen Plant in Jordan

Retrieved on: 
Tuesday, December 5, 2023
Ministry, COP28, Port, Investment, Mineral Resources Limited, PJSC, Wind, Seawater, BESS, Partnership, Excellency, Environment, Port of Aqaba, Renewable energy, Masdar

The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilizing desalinated seawater, and dedicated renewable power.

Key Points: 
  • The study will examine the feasibility of establishing a green hydrogen project near The Port of Aqaba to produce the most cost-competitive hydrogen, utilizing desalinated seawater, and dedicated renewable power.
  • Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi said: "With substantial wind and solar resources that can be used to generate large amounts of renewable energy, and produce cost-competitive green hydrogen and green fuels, Jordan has the potential to become a global powerhouse in the green energy transition.
  • Building on the strength of our longstanding partnership, Masdar is delighted to bring our expertise in clean energy projects and technologies to help Jordan achieve its decarbonization plans and unlock the nation's enormous potential."
  • Masdar is pursuing a target of 1 million tonnes of green hydrogen production by 2030 as part of the UAE's plans to establish itself as a green hydrogen hub and capture 25 per cent of the global low-carbon hydrogen market by 2030.

Masdar Expands European presence with Acquisition of 1GW Renewable Portfolio in Poland

Retrieved on: 
Monday, December 4, 2023
Carbon, Acquisition, Plant, RES, Investment, Energy policy, PJSC, Wind, Bank Gospodarstwa Krajowego, Development, Partnership, Excellency, SolarWinds, CEE, Renewable energy, Masdar

The amendment, which entered into force in October 2023, is expected to add approximately 25GW of renewable capacity in Poland.

Key Points: 
  • The amendment, which entered into force in October 2023, is expected to add approximately 25GW of renewable capacity in Poland.
  • Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said: "This bold, progressive step expands our portfolio in Europe and supports Poland in achieving its climate action goals.
  • Taaleri Energia Managing Director, Kai Rintala said: "We are delighted with the acquisition of these eight Polish hybrid renewable energy projects.
  • Poland is seeking to increase installed wind capacity to 11GW by 2040 and solar PV to 10-16GW by the same year.

Masdar Expands European presence with Acquisition of 1GW Renewable Portfolio in Poland

Retrieved on: 
Monday, December 4, 2023
Carbon, Acquisition, Plant, RES, Investment, Energy policy, PJSC, Wind, Bank Gospodarstwa Krajowego, Development, Partnership, Excellency, SolarWinds, CEE, Renewable energy, Masdar

The amendment, which entered into force in October 2023, is expected to add approximately 25GW of renewable capacity in Poland.

Key Points: 
  • The amendment, which entered into force in October 2023, is expected to add approximately 25GW of renewable capacity in Poland.
  • Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said: "This bold, progressive step expands our portfolio in Europe and supports Poland in achieving its climate action goals.
  • Taaleri Energia Managing Director, Kai Rintala said: "We are delighted with the acquisition of these eight Polish hybrid renewable energy projects.
  • Poland is seeking to increase installed wind capacity to 11GW by 2040 and solar PV to 10-16GW by the same year.

Masdar and EDF Sign Major Agreement with Government of the Kyrgyz Republic to Develop up to 3.6GW of Hydropower and Renewable Projects

Retrieved on: 
Sunday, December 3, 2023
Ministry, Carbon, COP28, PJSC, Wind, EDF, Memorandum of understanding, Development, Partnership, Electricity, Renewable energy, Energy, Masdar

Taalaibek Ibraev, Masdar Director, Development and Investment (EMEA), Ahmed Al Awadi and EDF Assets Development Director for Europe and Central Asia, Emmanuelle Chevennement.

Key Points: 
  • Taalaibek Ibraev, Masdar Director, Development and Investment (EMEA), Ahmed Al Awadi and EDF Assets Development Director for Europe and Central Asia, Emmanuelle Chevennement.
  • Taalaibek Ibraev, Minister of Energy of the Kyrgyz Republic said: "This agreement serves to further strengthen the existing ties between the Kyrgyz Republic, the UAE and France.
  • Hydropower is a very important energy source for the Kyrgyz Republic and this agreement will help our nation to strengthen its existing clean energy supply and to develop projects utilizing other renewable energy sources."
  • Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said: "This agreement represents a new chapter for Masdar in our clean energy journey.

Masdar and EDF Sign Major Agreement with Government of the Kyrgyz Republic to Develop up to 3.6GW of Hydropower and Renewable Projects

Retrieved on: 
Sunday, December 3, 2023
Ministry, Carbon, COP28, PJSC, Wind, EDF, Memorandum of understanding, Development, Partnership, Electricity, Renewable energy, Energy, Masdar

Taalaibek Ibraev, Masdar Director, Development and Investment (EMEA), Ahmed Al Awadi and EDF Assets Development Director for Europe and Central Asia, Emmanuelle Chevennement.

Key Points: 
  • Taalaibek Ibraev, Masdar Director, Development and Investment (EMEA), Ahmed Al Awadi and EDF Assets Development Director for Europe and Central Asia, Emmanuelle Chevennement.
  • Taalaibek Ibraev, Minister of Energy of the Kyrgyz Republic said: "This agreement serves to further strengthen the existing ties between the Kyrgyz Republic, the UAE and France.
  • Hydropower is a very important energy source for the Kyrgyz Republic and this agreement will help our nation to strengthen its existing clean energy supply and to develop projects utilizing other renewable energy sources."
  • Masdar Chief Executive Officer Mohamed Jameel Al Ramahi said: "This agreement represents a new chapter for Masdar in our clean energy journey.