NSK Deutschland GmbH
Renishaw Plc
Volvo Penta

twitteryou tubefacebookacp

Abu Dhabi's Masdar to target UK renewables sector

Masdar?s stake in the London Array scheme ? the largest offshore wind farm in the world ? is valued at more than US$500mn. (Image source: gumuz/Flickr)

Abu Dhabis Masdar has signed an agreement with the UK Green Investment Bank (GIB), which will see both organisations explore opportunities for project investment within the UKs renewable energy sector

The MoU was signed during UAE President HH Sheikh Khalifa bin Zayed Al Nahyan?s UK visit.

Under the agreement, the parties will look at opportunities to jointly invest in green infrastructure projects within the UK over a period of seven years.

The agreement was signed by Masdar CEO Sultan Ahmed Al Jaber and Green Investment Bank CEO Shaun Kingsbury.

Al Jaber said, ?Masdar is pleased to be contributing to the UK?s renewable energy portfolio through the London Array and we are actively engaged in exploring new investment opportunities in the UK offshore wind and clean technology sectors.?

Masdar?s stake in the London Array scheme ? the largest offshore wind farm in the world ? is valued at more than US$500mn.

UK energy minister Greg Barker added, ?This alliance is a big step in that direction, and a huge vote of confidence in the UK clean energy sector. But this agreement is about more than just money. Given the pioneering Low Carbon achievements of Masdar, it makes strong strategic sense too.?

Oil Review Middle East
Deep Sea

EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)

Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)

The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)

Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)

The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)

Special belt covers guarantee an effective reduction in dust. (Image source: Wirtgen Group)

Daryl Wake, business development manager, DEKRA

DEWA's SAP upgrade drives innovation, sustainability, and efficiency in Dubai's utilities. (Image source: Adobe Stock)

SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)

Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)

The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)

With RFID, assets can be given unique digital identities that enable you to identify and locate them all at once, from a distance, in real time.

Markus Oberlin, CEO of Farnek. (Image source: Farnek)

An example of the kanban method deployed at Staytite. (Image source: Staytite)

EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)

Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)

Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)

The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)

UL Solutions launches HOMER Front 1.0, enhancing energy storage system design with advanced forecasting capabilities. (Image source: UL Solutions)

SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)

The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)

DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)

An example of the kanban method deployed at Staytite. (Image source: Staytite)

Markus Oberlin, CEO of Farnek. (Image source: Farnek)

Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)

The emphasis is on constantly optimising value creation processes. (Image source: Rittal)

With RFID, assets can be given unique digital identities that enable you to identify and locate them all at once, from a distance, in real time.

The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)

The four-point track system is available globally on four boom lifts up to 80 ft / 24 m class. (Image source: Genie)

Reed Exhibitions FZ-LLC