The Industries Unit invests globally and locally to establish a portfolio of production assets cementing Masdar’s position as a leader in renewable clean energy. These investments provide Masdar access to technology and strategic markets in key segments of the renewable energy value chain.
The unit’s current flagship investment is Masdar PV, created in April 2008 with the goal of becoming a top-3 global thin-film photovoltaic (PV) company. As the first facility in the region to apply advanced semiconductor nano-manufacturing technologies, it will significantly enhance Abu Dhabi’s profile as a technology leader. A $600 million phase-one investment will fund the construction of plants in Germany and Abu Dhabi with a combined annual output of 210 megawatts. Further expansions are planned to allow the company to achieve 1 gigawatts of annual output.
Masdar PV is an anchor client in the unit’s Solar Manufacturing High-Tech Cluster in Abu Dhabi. When completed, the cluster will be one of the most advanced production centers for renewable energy technologies. Spanning four square kilometers, it will house production facilities for three main PV technologies: crystalline-based PV; thin-film PV (including Masdar PV); and concentrated PV (CPV); as well as a supporting supplier base.
The unit is actively developing investments in other renewable and clean technologies, such as energy storage, efficiency, lighting, and wind.
The unit’s projects will generate significant economic benefit by stimulating further investment and diversification opportunities for the Abu Dhabi economy and by developing exports of cutting-edge technology.
By strategically combining local production with international partnerships and acquisitions, the Industries Unit aims to ensure Abu Dhabi’s continued leadership in this new era of energy.
Masdar PV
Masdar PV is Abu Dhabi’s first high-tech manufacturing company. Starting with facilities in Erfurt, Germany (followed by Abu Dhabi) producing amorphous thin film photovoltaic modules of an annual capacity of 210 MW. Applied Materials has been chosen as the main equipment provider.
Masdar PV’s Executive Management is renown in the solar industry for decades and is headed by the CEO Dr. Rainer Gegenwart and COO Joachim Nell.
This first phase of the development (at an investment of US$ 600 Mn) is merely the starting point of Masdar’s Gegawatt (GW) ambitions with a number of planned expansions into the US and other markets.
Being the global center of competence in solar, Germany has been chosen to ensure state-of-the-art technology and knowledge transfer to Abu Dhabi.
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Masdar High-Tech Manufacturing Cluster Abu Dhabi
The High-Tech Manufacturing Cluster is currently being developed in the Emirate of Abu Dhabi, north of Abu Dhabi City. The cluster will span an area of approximately 4km2 and together with the planned Masdar City, will represent the center for high-tech development and deployment in the Region.
Given its location, economic growth and low cost base, the cluster will attract not only companies from the solar industry but also from related supply areas such as gas, glass, and many more.
Within that cluster, Masdar’s major role is to provide the infrastructure and kick-start its development with view of establishing Abu Dhabi as a key technology developer.
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