essay 1

Masdar

    Introduction:-

My topic is about Masdar. Masdar is a renewable energy company that develops and provides projects that answers the problems in making the environment clean. It is a wholly owned subsidiary of mubadala Development Company. 

Masdar is an Arabic word which means “the source “. Masdar has four Primary Objectives, these are:

1-      To help the growth of the country’s economy.

2-      To help the country to be the capital developer of renewable technology.

3-      To help achieve the goal of Abu Dhabi of providing sustainable solutions to global energy market.

4-      To provide significant contribution for human development.

Masdar was established to develop and manage Masdar City.

 

Early history:-

In April 2008, the company established its first subsidiary in Germany, Masdar PV, which manufactures photo voltaic films. Masdar PV built its first plant in Ichtershausen, Germany and the second in Abu Dhabi, UAE. It operates in private equity through the Masdar clean technology fund. In March 2008, Masdar and Serer Grupo De Ingereria of Spain founded a joint venture Torresol Energy to build and operate concentrated solar power stations.

In September 2008, Masdar invested in win wind, a Finnish wind turbine company.

 

The Abu Dhabi Future Energy Company developed and operates Masdar’s solar power plan, the Shams 1 solar power station. It is a concentrated solar power station located in Madinat Zayed, Abu Dhabi which will be the largest power station in the world.

Masdar and the Government of Seychelles, develops a wind farm near the Mahe Island. Also with the help and cooperation of E.ON, Masdar develops the London Array wind farm.

 

Development:-

Masdar has five units, Masdar Institute, Masdar Capital, Masdar Power, Masdar Carbon, and Masdar City.

Masdar Institute is an independent research – driven graduate institute developed in cooperation with the Massachusetts institute of technology (MIT). Focusing in the development of advanced alternative energy, environment technologies and sustainability.

 

Masdar Capital aims to build a portfolio of the world’s most promising renewable energy and clean technology companies.

Masdar Capital targets investments that have a great potential globally. Masdar Capital is specifically focused on the following sectors.

·         Clean Energy.

·         Environmental Resources.

·         Energy and Material Efficiency.

·         Environmental Services.

 

 

 

 

Masdar power is a developer and operator of renewable power generation projects.

Masdar Carbon develops a project that aims to reduce the carbon emission through energy efficiency and waste heat / CO2 recovery, and also through carbon capture and storage (ccs).

Masdar city is an emerging global clean – technology cluster. It is a highly dense, pedestrian – friendly development where the current and future technology for renewable energy are implemented and marketed.

 

Modern Developments:-

 

In summer of 2014 is said to be the completion of the International Renewable Energy Arena (IRENA). The headquarters will be the most advanced, sustainable multi – use complexes in the United Arab Emirates.

Masdar is also developing a 30 mega watts wind farm and a photo voltaic array on sir Bani Yas Island, these will contribute in generating an increase of seven percent of energy needs.

 

Conclusion:-

 

Masdar city demonstrates that renewable source technology, research and development can and the economic growth of the country and the development of cities are increasingly sustainable and emission free. “Abu Dhabi yesterday broke ground on Masdar city, the world’s first zero-carbon, zero-waste, car-free city”. (Kharroubi, M. 2009) With this in mind, let ecological project led development guide cities to be more sustainable in the future.

 

 

 

 

References

 Construction Begins on Masdar and International Renewable Energy Agency Headquarters Complex | Mubadala Development Company | Abu Dhabi, United Arab Emirates. (2012, October 21).  Mubadala Development Company | Abu Dhabi, United Arab Emirates | Home. Retrieved November 25, 2012, from http://mubadala.ae/media/news/construction_begins_on_masdar_complex

Kharroubi, M. (2008, February 10). Abu Dhabi's Masdar Initiative breaks ground on carbon-neutral city of the future. ProQuest. Retrieved November 25, 2012, from http://search.proquest.com.ezproxy.hct.ac.ae/docview/232813087/13A9CC03E06529CF2B4/1?accountid=1215

Masdar Initiative Supports Clean Energy | UAE Embassy in Washington, DC. (2009, June 8). Welcome to the UAE Embassy in Washington, DC | UAE Embassy in Washington, DC. Retrieved November 25, 2012, from http://www.uae-embassy.org/uae/featured-stories/masdar-initiative

Masdar awards contract for headquarters | GulfNews.com. (2012, October 21). Latest News, Pictures,  Video, Multimedia | Gulf News - The Middle East's News homepage. Retrieved November 25, 2012, from http://gulfnews.com/news/gulf/uae/environment/masdar-awards-contract-for-headquarters-1.1092299

 

 

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