masdar (abu dhabi future energy company)
Masdar is an expression of Abu Dhabi’s environmental and sustainability vision and aspiration. A private joint stock company, established and wholly-owned by Mubadala, Masdar is a multi-billion dollar, strategic initiative which is developing sustainable renewable energy solutions, diversifying Abu Dhabi’s economy and enhancing the Emirate’s human capital.
Masdar will help ensure that Abu Dhabi maintains and develops its global role in the world energy market. Through its development and commercialization of advanced energy technologies, it is making a significant contribution to meeting the most important challenges facing humanity in the 21st Century.
Masdar works in partnership with leading global companies, educational institutions and investment firms. It is establishing a global center of excellence in Abu Dhabi, which will help advance international knowledge and skills in order to change the way the world understands and uses energy. The goal is to create a historic, global shift to new energy sources and the sustainable use of resources.
Masdar is achieving its vision and goals by developing a strategic portfolio, focused on the following key initiatives:
MASDAR INSTITUTE - the region’s first graduate-level, research-driven scientific institution focused on education and research in advanced energy and sustainability.
MASDAR CITY - offers an extraordinary opportunity to become part of the world’s first carbon-neutral, zero-waste, city in the heart of Abu Dhabi.
INDUSTRIES - develops strategic, large-scale energy and technology investments to drive Masdar’s leadership in alternative energy and further Abu Dhabi’s economic diversification.
UTILITIES & ASSET MANAGEMENT - invests in sustainability technologies, and utility-scale renewable energy projects worldwide. By applying scale and technology improvements, it aims to promote the wider adoption of clean energy and the efficient use of alternative energy technologies.
CARBON MANAGEMENT - specializes in carbon emission reduction and monetization, developing projects and technologies driving the transition to a low-carbon economy in Abu Dhabi and the region.
In addition, Masdar seeks to create awareness of renewable energy and sustainability challenges through its establishment of the annual World Future Energy Summit www.worldfutureenergysummit.com and the Zayed Future Energy Prize www.zayedfutureenergyprize.com
UAE is bidding to host the International Renewable Energy Agency www.irenauae.com
For more information, please visit: www.masdar.ae