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Abu Dhabi-based Masdar and Norway's Statoil have signed a collaborative agreement to analyse data from the Batwind battery system designed to store energy generated by the Hywind Scotland floating wind farm.
Masdar has invested GBP 52.5 million (approx. EUR 61 million) in Hywind Scotland Pilot Park, according to Scottish Development International (SDI), as Abu Dhabi's renewable energy investor agreed with Statoil to take a 25% stake in the project.
Statoil has agreed to divest 25% of its assets in Hywind Scotland pilot park, the world’s first floating wind farm, to Masdar.
8.2 Consulting today informed that it had carried out due diligence services for Masdar, which is considering an investment in a 1.5GW portfolio of different offshore projects in the European market. "8.2 Consulting is very glad to have supported Masdar with its expert team during the assessment of the projects," the company stated on its official website. […]
Abu Dhabi-owned green energy giant Masdar has confirmed that it will invest £525 million for a 35% stake in the planned Dudgeon offshore wind farm, alongside Norweigan partners Statoil and Stakraft. Earlier this summer, the Dudgeon project passed a final investment decision. In conjunction with this a new partner acquired a 35 percent stake from […]
Masdar, Abu Dhabi's state-backed renewable energy company, is eyeing further opportunities to invest in the UK’s renewable energy projects. Following the official opening of the London Array offshore wind farm on July 4, in which Masdar invested a significant amount of money and is 20% stakeholder, the company’s CEO Dr. Sultan Ahmed Al Jaber said […]
The UK Green Investment Bank plc (GIB) and Masdar, Abu Dhabi's state-backed renewable energy company, have confirmed that they will sign a Memorandum of Understanding (MoU) tomorrow to explore project investment opportunities in the UK's clean energy sector. The MoU will be signed on the occasion of a state visit to the UK by His […]
Dr. Sultan Ahmed Al Jaber, CEO of Masdar and United Arab Emirates Special (UAE) Envoy for Energy and Climate Change, addressed members of the International Peace Institute (IPI) – a New York-based independent, not-for-profit think tank dedicated to promoting the prevention and settlement of conflicts by strengthening international peace and security institutions. Climate change, energy […]
Dr Sultan Ahmed Al Jaber, Chief Executive Officer of Masdar, Abu Dhabi’s multi-faceted renewable energy company, has received this year’s United Nations’ Champions of the Earth award. Organized by United Nations Environment Programme (UNEP), the award seeks to honour individuals whose actions and leadership have made a far-reaching positive impact on the environment. The award […]
The Masdar Headquarters (“HQ”) reflects the agility and mission of the organization, promising carbon neutrality and a modular design that will ensure that the building adapts to the requirements and needs of partners, announced Hamad Al Matrooshi, Senior Project Manager for the Masdar City Headquarter building. The Facade of the HQ connects two separate buildings […]
Abu Dhabi based Masdar is assessing the prospect of its entry into the German offshore wind farm market. In 2008, the company bought 20% of UK's London Array offshore wind farm. "We have been conducting many negotiations in German offshore wind market," said Frank Wouters, head of the energy division of the State Ökokonzerns, reports […]
The First Minister Alex Salmond will travel to the Middle East next week to sign a ground-breaking deal on renewables.Mr Salmond will sign Scotland up to a landmark agreement to develop tangible green energy products with the world's leading innovator, Masdar, based in Abu Dhabi. The deal to be signed next Tuesday (January 17) comes […]
Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and... ( electroiq ) [mappress] Source: electroiq , December 26, 2011; Image: scailab
Masdar, the Abu Dhabi government- owned renewable energy company, cut 9 percent of its workforce after an annual business review. By Anthony DiPaola (bloomberg) [mappress] Source: bloomberg, November 23, 2011; Image: masdar
DONG Energy, E.ON and Masdar announced that the two offshore substations have been installed at the London Array Offshore Wind Farm in the Thames Estuary, marking the completion of a key phase in the project‟s construction. Built on three levels, the substations weigh over 1,260 tonnes each – roughly the equivalent of 200 African […]
Masdar Power, one of the five integrated units of Masdar, and partner in London Array, along with DONG Energy and E.ON, toay announced that the 630MW first phase of London Array - which will be the largest offshore wind farm in the world - is due for completion by the end of 2012. On-site […]
Two young UAE nationals at Masdar Power, one of the five integrated units of Masdar, are being seconded to one of the world's leading ... (zawya) [mappress] Source: zawya, June 13, 2011;
Danish energy trading company Danske Commodities has signed a 15-year Power Purchase Agreement (PPA) with the Dudgeon offshore wind farm in the UK. Effective 16 July, Danske Commodities will take over balancing and trading of 281MW, equivalent to 70% of the wind farm’s production. The 402MW Dudgeon is owned by Equinor (35%), Masdar (35%) and […]
Danish energy trading company Danske Commodities has signed a 20-year Power Purchase Agreement (PPA) with the world’s first floating wind farm, Hywind Scotland. As the sole offtaker, Danske Commodities will take over balancing and trading of Hywind Scotland’s total volume of 30MW. Hywind Scotland is owned by Equinor (75%) and Masdar (25%). The wind farm, […]
Green Marine (UK) Ltd has carried out buoy maintenance on Equinor's Hywind Scotland floating offshore wind project. Under the contract, which was awarded by Partrac, Green Marine used its vessel Green Isle to conduct the works. "These works were carried out safely, efficiently and on budget, utilising the small weather windows available," said Green Marine. Hywind […]
Equinor, Masdar and China Resources Group, the owners of the Dudgeon wind farm, have signed a hybrid refinancing of GBP 1.4 billion (EUR 1.55 billion).
Ofgem has granted a licence to TC Dudgeon OFTO plc to own and operate the GBP 297.9 million high-voltage transmission link to the Dudgeon offshore wind farm for the next 20 years.
By Jon Harman, Head of Renewable Energy and Portfolio Director, New Energy Update Floating offshore wind may still be in the demonstration phase, but the success of early pilot schemes and the plunging prices of fixed foundation machines mean investors are already eyeing the vast new markets the technology will open. According to the latest […]
Walney Extension, a 659MW wind farm in the Irish Sea, is scheduled to become the world's biggest offshore wind farm in a few days and throw the 630MW London Array off the throne.
Norway plans to open two new areas for floating offshore wind on the Norwegian Continental Shelf this autumn, the country's Minister of Petroleum and Energy Terje Søviknes said during the Energy Outlook conference held this week in Arendal.
Equinor and Masdar have installed the Batwind battery system at the Hywind Scotland floating wind farm, which represents the first ever battery for offshore wind.