The United Arab Emirates enterprise Masdar is a comprehensive renewable energy initiative that integrates the whole value chain of renewable energy and clean technology.

Through its various divisions, Masdar invests in clean technologies (such as carbon capture); implements large-scale renewable energy projects; and provides a global platform for demonstrations, cooperation and partnerships in the clean technology cluster of Masdar City.

Masdar manages two clean technology funds amounting to $540 million. In Spain, it has developed the largest commercial-scale concentrated solar power project, supplying 24 hours of energy to the grid using innovative molten salt energy storage technology. Other projects include the 1,000-megawatt offshore London Array wind project as well as the 100-megawatt concentrated solar power project in Abu Dhabi.

Masdar thus contributes to the development and deployment of renewable energy and clean technology both domestically and internationally, limiting the impact of global warming and improving energy security within the developed and developing world.

Source: Mubadala Development Company. More information is available from www.masdar.ae.