Masdar

Malaysia Construction Industry Report 2023: Output is Expected to Grow by 6.6% in Real Terms in 2023 - Size, Trends Analysis by Sector, Competitive Landscape and Forecasts 2018-2022 and 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 3, 2024

The "Malaysia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Malaysia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
  • Malaysia's construction industry is expected to grow by 6.6% in real terms in 2023, supported by the implementation of large-scale infrastructure projects, coupled with an improvement in foreign and domestic investment in the country.
  • The budget includes a total expenditure of MYR393.8 billion ($89.8 billion) for 2024 - which is 1.5% higher than that of the 2023 Budget.
  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Malaysia, featuring details of key growth drivers.

Energy Companies from Europe, North America, Asia, and Middle East Won Honors at S&P Global Commodity Insights' 25th Annual Platts Global Energy Awards

Retrieved on: 
Friday, December 8, 2023

NEW YORK, Dec. 7, 2023 /PRNewswire/ -- S&P Global Commodity Insights, the leading global independent provider of data, insights, analysis and benchmark prices for the commodities, energy and energy transition markets, tonight honored industry excellence in 21 performance categories and winners from nearly a dozen countries at the Platts Global Energy Awards gala held at the Cipriani Wall Street in downtown New York City. The Awards program, now in its 25th year and often described as the "Oscars of the energy industry", recognizes corporate and individual innovation, leadership, and performance in the energy and petrochemicals sectors, and bestowed honors on companies from Belgium, Germany, India, Singapore, Thailand, UK, Ukraine, United Arab Emirates and US. For a third consecutive year, CNBC correspondent Kristina Partsinevelos, whose reporting appears on television and CNBC's digital platforms, emceed the event, continuing a long history of CNBC guest hosts at the Awards gala.

Key Points: 
  • Among his many appointments, judges noted Nasser's global influence and esteem, as a member of energy thought leadership and financial institutions.
  • An independent panel of judges chose the winners of the 2023 Platts Global Energy Awards from finalists selected from nominations that represented 33 different countries.
  • Jeanette Gitobu of Belgium's Global Wind Energy Council was singled out from her peers for Rising Star Individual Award.
  • For details of these and other Awards winners of this year's Platts Global Energy Awards, access the December issue of the S&P Global Commodity Insights Magazine or visit the Platts Global Energy Awards website .

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

Retrieved on: 
Thursday, December 7, 2023

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

Retrieved on: 
Thursday, December 7, 2023

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

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

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

Retrieved on: 
Tuesday, December 5, 2023

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

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

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

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.