Masdar announces 40% increase in clean energy capacity as part of its 2021 Annual Sustainability Report
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Monday, March 21, 2022
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ABU DHABI, UAE, March 21, 2022 /PRNewswire/ -- Masdar, one of the world's leading renewable energy companies, continues to strengthen its support for global climate action, with the capacity of its clean energy project portfolio rising 40 percent in 2021.
Key Points:
- Despite the global pandemic, the electricity generation capacity of all projects Masdar has invested in either installed or under development increased from 10.7 gigawatts (GW) to over 15 GW in 2021, according to the company's 2021 Annual Sustainability Report.
- Masdar's operating clean energy portfolio displaced almost 7.5 million tonnes of CO2 last year, a 38 percent rise on 2020.
- With our new shareholders and structure in place, we are looking to significantly grow our global clean energy capacity through the power of partnership.
- Abu Dhabi's renewable energy company, Masdar is advancing the commercialization and deployment of renewable energy, sustainable urban development and clean technologies to address global sustainability challenges.