22 JUL 2017

Abu Dhabi Sustainability Week 2017 delivers on promise to provide practical steps towards a sustainable future

THE FUTURE SUSTAINABILITY SUMMIT 2019-ADSW2019 

 

Abu Dhabi, January 22, 2017: Abu Dhabi Sustainability Week (ADSW) 2017, hosted by Masdar, Abu Dhabi’s renewable energy company, came to a successful conclusion on 21 January after further building on its reputation as a significant platform for international dialogue, cooperation and action among governments and businesses.

This year’s edition, which ran under the theme “practical steps towards a sustainable future”, was the first global gathering dedicated to sustainability since the COP22 climate change conference in Marrakesh, Morocco, last November. It was appropriate, therefore, that ADSW 2017 began by bringing together government officials and policy makers at two key events: the Atlantic Council Global Energy Forum on 12-13 January, held in partnership with the UAE Ministry of Energy and ADNOC; and the fifth General Assembly of the International Renewable Energy Agency on 14-15 January.

The Opening Ceremony for ADSW, on 16 January, was attended by His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces. Six heads of state, from Kazakhstan, Montenegro, Costa Rica, Paraguay, Seychelles and Nepal joined the event, as well as former presidents of Iceland and Mexico.

ADSW 2017 also welcomed 73 government ministers and 4,080 senior executives – an increase of 12% compared to 2016 – from 125 countries. International pavilions were hosted from 20 different countries, representing an 11% increase on last year, and initial indications show that the total number of attendees was consistent with pre-show estimates of around 38,000 visitors from 175 countries.

During the week, 15 global events were held including five exhibitions; three conferences; two country focused events; three leadership events; and two policy events. Business meetings were up by more than 60% year on year, totaling 8,600, showing that Abu Dhabi Sustainability Week is now truly established as a global platform where commercial agreements are made.

The ninth edition of the Awards Ceremony for the Zayed Future Energy Prize also took place, honouring the achievements of winners from across the world for their leadership in renewable energy and sustainability. Once again, this important event attracted significant media attention, with around 1,200 local and international print and online articles, while reaching more than 2 million Twitter users and 50,000 Facebook users.

The World Future Energy Summit (WFES), the anchor event of ADSW, celebrated its 10th edition this year from 17-19 January. This took place alongside the fifth International Water Summit and the fourth EcoWASTE exhibition.

For the first time, ADSW welcomed a major delegation from the Kingdom of Saudi Arabia, which was designated as a WFES Country Partner. The Saudi delegation was led by His Excellency Khalid A. Al-Falih, Minister of Energy, Industry & Mineral Resources of Saudi Arabia and Chairman of Saudi Aramco, who used the platform of ADSW to announce plans to invest up to $50 billion (Dh183.50 billion) in renewable projects by 2023 to generate 9.5 gigawatts, mainly from wind and solar plants.
The Saudi delegation’s 700 industry professionals, which included 405 chief executives, held more than 2,000 meetings with ADSW participants during the week. In addition, 14 workshops and business round tables were organised, while more than 100 investors and developers from five countries took part in a private investment meeting hosted by officials from the Kingdom.

In addition to Saudi Arabia, the other WFES Country Partner was India, whose senior-level delegation was led by Shri Piyush Goyal, the Minister of State for Power, Coal, New & Renewable Energy and Mines. India’s clean energy plans make it one of the world’s most exciting markets for developers; its delegation provided details about the country’s target to have an installed capacity of 100GW of solar energy, 60GW of wind, plus 15GW from other renewables by 2022. In addition, high level meetings were held with Masdar and Dubai Water and Electricity Authority (DEWA).
As host of ADSW, Masdar used the occasion to announce a series of key business milestones on the sidelines of the event. These included: the purchase of a 25% stake in Hywind, an innovative floating offshore wind project in Scotland, from Norwegian oil and gas company Statoil; a 300,000-tonne waste-to-energy plant in Sharjah with environmental management company Bee’ah; a solar power project in the Seychelles; and an industry competition to devise new sustainable mobility solutions to serve Masdar City.

Together with DEWA, Masdar also announced the ground-breaking of Phase 3 of the Mohammed Bin Rashid Al Maktoum Solar Park. The company signed a co-operation agreement with Qatar Electricity and Water Company and Nebras Power to develop renewable and sustainable energy projects, and announced the appointment of International Finance Corporation (IFC) to oversee the funding of Jordan’s largest solar photovoltaic (PV) project. And on Thursday 19 January, Masdar unveiled its new Eco-Villa prototype at Masdar City – an energy and water-saving residential property that will set a new benchmark for sustainable real estate in the UAE and beyond.

ADSW also took the sustainability message into the community, staging the youth-themed “Student Exclusive” to more than 600 young people from across the UAE, and the Women in Sustainability, Environment & Renewable Energy (WiSER) conference – both events were being held for the second consecutive year. To round off a very busy and successful week, the Festival at Masdar City offered fun, food and live entertainment for all the family.

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10 AUG 2017

JP Morgan goes green and other trending stories of the week

We look at the UK’s plans to ban diesel and petrol cars by 2040, JP Morgan going green, the world’s first floating wind farm and Google’s salt play.

Here are some of the top trending energy stories from the past week:

  • The latest country to announce fuel ban plans: UK
The UK government announced plans to ban new diesel and petrol cars by 2040: https://www.theverge.com/2017/7/26/16031214/uk-diesel-petrol-car-ban-clean-air
  • The world’s largest clean financing commitment from a global financial institution was announced

@jpmorgan announced plans to facilitate US$200 billion in clean financing through 2025. They are also aiming to have renewable energy provide 100% of their global energy needs by 2020: https://www.jpmorganchase.com/corporate/Corporate-Responsibility/environment.htm

  • The world’s first floating wind farm set sail for its destination off the coast of Scotland
The joint project between @Statoil and @Masdar is a revolutionary technology that will allow for wind turbines to operate in deep waters where conventional turbines cannot: http://www.bbc.com/news/business-40699979
  • Salt storage is heating up

Bloomberg reported that Google’s famed X skunk works team is evaluating grid-scale energy storage via salt technology

We look forward to convening discussions on these topics and more at ADSW2018 in January.

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31 JUL 2017

Financing big energy and other trending stories of the week

Here are some of the top trending energy stories from the past week:

Siemens Financial Services CEO, R. Chalons-Browne talks big energy finance:

The East vs. West renewables race – who’s winning? According to CNN, it’s China by a lot:

Africa is unplugging, with off-grid solar leading the way:

  • Africa is a continent that, more than any other, is rich in sunshine. Off-grid solar can help fill the grid's gaps st/2u4Ualw

VIDEO: The surprising state where solar energy is flourishing:

From rooftop solar to…everything. Check out SunRun via GreenTechMedia:

We look forward to convening discussions on these topics and more at ADSW2018 in January.

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22 JUL 2017

Eco-Villa prototype opens its doors at Masdar City

UAE national family to move into the property in April 2017
Masdar to monitor building’s energy, water and waste performance

Abu Dhabi, United Arab Emirates, January 19, 2017 – Masdar City’s Eco-Villa , a pilot project incorporating water and energy-saving technologies, has been completed and a UAE national family will soon live in the prototype sustainable dwelling, it was announced today at Abu Dhabi Sustainability Week 2017.

The Eco-Villa was launched in the presence of His Highness Sheikh Dhiyab bin Mohamed bin Zayed Al Nahyan; His Excellency Suhail Mohammed Al Mazrouei, UAE Minister of Energy; His Excellency Dr Sultan Ahmed Al Jaber, Minister of State and Chairman of Masdar; His Excellency Sheikh Abdullah bin Mohammed Al Hamed, Head of the Energy Council and Member of Abu Dhabi’s Executive Council; and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, Abu Dhabi’s renewable energy company.

The 405 square-metre Eco-Villa is the first villa to achieve a 4 Pearl rating according to the Abu Dhabi Urban Planning Council’s Estidama Pearl Building Rating System. It will use around 72 per cent less energy and 35 per cent less water than a typical comparably sized villa in Abu Dhabi, displacing an estimated 63 tonnes of carbon dioxide annually.

The cost of construction is similar to that of a conventional home of the same size; its energy and water efficiency will also reduce running costs substantially. The four-bedroom property is expected to consume just 97 kilowatt hours (kWh) of electricity per square metre.

Fully equipped with 87 rooftop solar panels, the prototype is capable of supplying as much as 40,000 kWh of electricity to the national grid. A suite of passive energy and water-saving design features further reduce its impact on the environment.

“People expect a sustainable design option to be more expensive, but our Eco-Villa concept challenges this misconception,” said Yousef Baselaib, Executive Director of Sustainable Real Estate at Masdar.

“The Eco-Villa stays true to Masdar City’s principles of sustainable urban development in that it is cost-efficient, environmentally sensitive and culturally appropriate in both its design and function. Because of its energy and water-efficient design, residents of the Eco-Villa will receive significantly reduced power and water bills.”