Masdar poised to scale up green investments
UAE adapting oil and gas expertise to spearhead renewables drive
Abu Dhabi based green investment company Masdar has helped put the United Arab Emirates (UAE) on the map as a high-profile player in global renewable energy development – and that role is set to expand, Thani Al Zeyoudi, director of energy and climate change in the country’s Ministry of Foreign Affairs, told WEC Congress News. Little more than a name and a concept when it was created in 2006, Masdar has since carved out a niche as a key investor in several large renewable projects in Europe and the developing world, including concentrated solar power plants in Spain and solar power projects in Mauritania, the Seychelles and Fiji. The company plans to expand its portfolio over coming years, r
Also in this section
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away
