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
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
30 April 2025
State administrations are using a flawed metric to justify green energy projects
