Masdar (Arabic:مصدر), also known as the Abu Dhabi Future Energy Company, is a UAE-government owned renewable energy company based in Abu Dhabi, United Arab Emirates. It was founded in 2006 as a subsidiary of the UAE state-owned Mubadala Investment Company, and has developed and invested in renewable energy projects in 40 countries. In 2006, the UAE government established Abu Dhabi Future Energy Company PJSC (Masdar) to diversify the energy resources and boost the local economy. Masdar has invested in one of the world’s largest concentrated solar plant Shams 1, and offshore wind farms the London Array. Masdar continues to support renewable energy, climate action, and domestic and international sustainability through various initiatives it has taken locally and internationally. More information...
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