Masdar: Pioneering Clean Energy Solutions
Company Name: Masdar (Abu Dhabi Future Energy Company)
Location: Abu Dhabi, United Arab Emirates
Overview
Masdar, established in 2006, is a global leader in renewable energy and sustainable urban development. With its headquarters in Abu Dhabi, the company operates across more than 30 countries and is a key player in the development of renewable energy ventures around the world.
Financial Indicators
Masdar is a subsidiary of Mubadala Investment Company and has been involved in renewable energy projects with a total investment valuation exceeding $20 billion globally, contributing significantly to the global clean energy capacity with its diverse portfolio of wind, solar, and waste-to-energy projects.
Important Company Events
One of the significant recent events for Masdar is its agreement with Indonesia's state-owned electricity company, PLN. This collaboration aims to develop a floating solar photovoltaic plant, aligning with Indonesia's vision of increasing its renewable energy capabilities. This project is indicative of Masdar's innovative approach to harnessing solar energy in regions where traditional solar farms may not be feasible due to land constraints.
Company Plans
Masdar aims to increase its global renewable energy capacity to 100 gigawatts by 2030. The company plans to invest in and develop more clean energy projects across the globe, focusing on innovative and sustainable solutions, such as the recently announced floating solar plant project in Indonesia, which will contribute to the nation's sustainable energy goals.
References: Mubadala Investment Company, Masdar Official Announcements, and Industry Reports.
Modified: 2025/05/17