We Are Masdar

We Are Masdar Christopher D. Sorensen, Deputy Director

Strategic Innovation and Technology

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Introduction

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Founding Visionary Inspiration

We must not rely on oil alone as the

main source of our national income.

We have to diversify the sources of our

revenue and construct economic projects

that will ensure a free, stable and dignified

life for the people.

The late His Highness Sheikh Zayed bin Sultan al Nahyan

Founder of the United Arab Emirates

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Masdar’s Mission - Anchored in the Abu Dhabi 2030 Vision

Abu Dhabi 2030

Abu Dhabi will focus on developing sectors

which, when combined, are planned to

grow at more than 7.5% pa

30% of all energy needs from alternative

and low carbon energy sources

Commitment to climate change abatement

Transition from commodities-based to

knowledge-based economy

Economic Development of Abu Dhabi

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Sustainability

The UAE has one of the largest per capita

carbon footprints in the world

Water and energy are critical resources

The World Today

Source: Lux Data report

A New Kind of Energy Company

A New Kind of Energy Company

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A Unique, Fully Integrated Approach

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Credit rating Aa2 (Moody’s) / AA (S&P) / AA

(Fitch)

Total employees > 500

Total assets US$21.6 billion

Mubadala – Our Parent Company

The Mubadala Development Company is a

strategic investment and development company

whose sole shareholder is the Government of

Abu Dhabi

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Vision and Mission

Our Vision

To make Abu Dhabi the preeminent source of

renewable energy, knowledge, development,

implementation and the world’s benchmark for

sustainable development.

Our Mission

To advance renewable energy and sustainable

technologies through education, research and

development, investment, commercialization

and adaptation.

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Key Milestones

2006 2007 2008 2009 2010 2011

Masdar Initiative

launch

Masdar cleantech

Fund I

Torresol

Masdar City

construction

begins

Masdar Institute

building complete Masdar Institute

welcomes

students

Masdar PV

London

Array

DB Masdar

cleantech Fund

EMIC Siemens

partnership

Shams 1

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Initial investment of US$15 billion Dedicated international research and academic centre New investment model that drives capital into Abu Dhabi Growing portfolio of renewable energy projects across three continents Truly sustainable city for both residents and commerce Landmark development hub for renewable energy technology Internationally acclaimed Prize for cleantech industry pioneers

Committed to The Global cleantech Industry

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Masdar – The Reality of Future Energy

Fulfilling Abu Dhabi’s vision to:

Source 7% of all energy entirely

from renewable energy by 2020

Build a sustainable knowledge-

based economy

Create future prosperity for

its people

Developing its human capital

Maintaining its leadership in the

energy sector

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Masdar Institute

Masdar Institute

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Vision

To be a world-class graduate-level institution,

seamlessly integrating research and education to

produce future world leaders and critical thinkers in

advanced energy and sustainability

To position Abu Dhabi as a knowledge hub and

engine for socioeconomic growth

Mission

To establish and continually evolve interdisciplinary,

collaborative research and development capability

in advanced energy and sustainability.

To educate students to be innovators with the

breadth and depth necessary to grow technology

and enterprise regionally and globally

Masdar Institute – Mission and Vision

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Profile of Masdar Institute

What is the Masdar

Institute

Masdar Institute

Fast Facts

Graduate level study in advanced energy and sustainable technologies Extensive collaboration with MIT Highly qualified international faculty Elite student body Full Scholarship

Research

domains

Clean Water, Environment and Climate Sustainable Energy Production and Storage Efficient Energy Delivery and Use Integrated Sustainable Development

Research

partnerships

Boeing, Etihad, UOP/Honeywell,

Advanced Technology Investment

Company and Siemens

Campus

Sate of the Art Labs Clean Rooms Imaging Lab Student body to number over 600 over the next 5 years

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58 faculty members

Eight Masters programs

An interdisciplinary doctorate

program

A Foundation program for

UAE nationals

72 graduating students 2011

Masdar Institute – The Brightest Minds

63% Male

37%

Female

152 students

Age group – between 20 years and 37 years

33 different nationalities

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Our flagship collaborator is the

Massachusetts Institute of Technology

(MIT)

Development of degree programs and

curriculum

Graduates of MI are given certificate of

completion of MIT

Assists in faculty and senior

administration recruitment

Participates in collaborative research

with Masdar Institute faculty members

Masdar Institute in Collaboration with MIT

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Boeing, Etihad and UOP/Honeywell Sustainable Bioenergy Research and Consortium (SBRC) to research and

demonstrate large-scale cultivation of halophytic plants for biofuel production

Siemens Collaborative research on Smart Grids / Smart Buildings (SGSB), Carbon Capture

and Sequestration (CCS)

Advanced Technology Investment Company (ATIC) Development of a world class, research-driven academic program in Microsystems

Engineering, focusing on the areas that are key to Abu Dhabi’s semiconductor

sector

The Abu Dhabi Company for Onshore Oil Operations, Petroleum Institute

and Massachusetts Institute of Technology (MIT) Collaborative research into carbon sequestration

Strategic Collaborations

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The EU-GCC Clean Energy Network

The EU-GCC Clean Energy Network (http://www.eugcc-cleanergy.net/) is an initiative created and

supported by the European Commission and by the relevant Gulf Co-Operation Council

authorities, aiming to enhance the long term strategic EU – GCC energy relationship, addressing

specifically clean energy issues (both policy and technology aspects).

The GCC Energy Secretariat, has selected Masdar Institute to lead the Networks GCC

Counterparts.

National institutions appointed by the GCC Energy Secretariat for supporting the Network include:

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Masdar Capital

Masdar Capital

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Masdar Clean Tech Fund

(“Fund 1”)

US$250 million partnership

US$10-25 million investment

ticket size in companies with

promising technology and

defendable IP

Current investments range from

Solar Thin-Film to Waste-to-

Energy and Water Purification

Two Investment Funds with International Partners

Masdar Clean Tech Fund

(launched 2006)

DB Masdar Clean Tech Fund

(launched 2010)

DB Masdar Clean Tech Fund

(“Fund 2”)

Established January 2010,

raising US$290-500 million first

close recently completed

General partners:

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Investment Criteria

Management quality Experienced, hands-on team with proven management capability

Technology

Propriety and protected (ideally international patents) technology with

potential for large-scale application; Demonstrated superior

performance; Disruptive possibilities

Regulatory certainty Reasonable certainty around stable regulatory environment

Opportunities driven by

industry logic

Fragmented market (leading to consolidation); Potential for scale

benefits or vertical integration

Geographic expansion Seek opportunities for geographic expansion of investee companies

Exit options (3-5 years) Multiple exit options/timeframes possible via an IPO, natural owners

and secondary buyers

Governance Lead investor: board seat, other governance rights

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Some of the Companies we have Invested in

Technology for processing and recycling oil waste

Tested and proven solutions that reliably and effectively

purify water and kill germs

One of the leading providers for the conditioning of used slurry from the photovoltaic industry and the semiconductor industry

Integrated solar energy systems to cool, heat and power

homes and offices

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In just four years Masdar Capital has:

Launched two major Cleantech investment

funds with over $540m managed in the UAE

Built strong partnerships, powerful networks

and a growing reputation for investment

excellence through over 15 investments

Successfully exited a number of deals, placing

MCTF amongst the top quartile cleantech

VCs in its vintage

Developed a reputation among small and

growing companies as a value-add investor

through business development in the MENA

region

Equipped a growing team of young Emiratis

with world-class investment skills and

knowledge around origination, execution and

management of investments around the world

Achievements

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Masdar Power

Masdar Power

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Profile of Masdar Power

Mandate

Masdar Power

Fast Facts

To build a portfolio of large scale renewable

energy power plants across the globe

Projects

Currently major projects include – Shams 1

(UAE) , Nour 1 (UAE), Sir Bani Yas (UAE),

London Array (UK), Torresol (Spain) and the

Seychelles

Technology

Break through technology in the field of solar

PV, concentrated solar power, onshore and

offshore wind

Partnerships

include

DONG, e.ON, Sener, Total, Abengoa,

NREA (Egypt)

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Profile of Masdar Power projects – SHAMS 1

The flagship project

World’s largest concentrated solar power

(CSP) plant and first in Middle East

SHAMS 1

Fast Facts

120kms Southwest of Abu Dhabi in

the UAE

Extends over an area of 2.5km² with a

capacity of 100MW

This solar field has 768 parabolic

trough collectors to generate clean,

renewable electricity

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Profile of Masdar Power projects – Sir Bani Yas

Onshore wind farm

Sir Bani Yas

Fast Facts

Sir Bani Yas is a natural Island located 250 km

southwest of Abu Dhabi city

TDIC promotes Sir Bani Yas Island as a premier

tourist destination.

Masdar has an agreement with TDIC to develop

renewable energy projects on the island

First project is a windfarm with acapacity of

between 20 and 30MW

Commissioning in 2012z

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Profile of Masdar Power projects – Torresol

One of world’s first commercial

deployments of CSP Central Tower

Receiver Systems

Gemasolar

Fast Facts

Joint venture between SENER (60%)

and Masdar (40%)

Gemasolar plant consists of 2,650

heliostats (mirrors) – 1,500m

approximate diameter

Will supply energy to 30,000 households

saving 50,000 tonnes of CO2

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Profile of Masdar Power projects – London Array

Offshore wind farm

London Array

Fast Facts

Capacity of 1GW when complete with 341 wind

turbines

Will produce enough energy to power a quarter

of London homes (750,000) and displace the

emissions of 1.9 million tonnes of carbon dioxide

each year

Will represent nearly 7% of the UK

Government’s target of providing 15.4% of all

electricity supply from renewable sources by

2015

Joint venture between DONG (50%), E.ON

(30%) and Masdar (20%) signed in May 2009

Onshore construction started in July 2009, with

offshore construction commencing 2010

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Profile of Masdar Power Projects – Masdar PV

Thin-film photovoltaic solar module

manufacturing in Germany

Masdar PV

Fast Facts

Masdar PV is producing advanced

amorphous silicon photovoltaic modules

that are eight times larger and five times

more powerful (in total watt) than

industry standard modules

High-volume manufacturing of thin film

PV requires less than 1% of

semiconductor material compared to

traditional PV, which means this

technology can rapidly drive down the

cost of PV to bring it closer to grid-parity

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Masdar Carbon

Masdar Carbon

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Profile of Masdar Carbon

Carbon

Footprint

Masdar Carbon

Fast Facts

Clean

Fossil Fuel

A leader in carbon emissions reduction

through advance projects that bring significant

reductions to UAE’s carbon footprint

Technology Solution-orientated technologies addressing

energy security, climate change, and global

sustainable development

Partners e.ON, ADNOC, ADWEA, Total, Etihad

Focusing on clean Hydrocarbon power and

industrial energy efficiency creates additional

value through carbon monetization

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Profile of Masdar Carbon – CCS

CCS technology captures CO2 emissions

from power plants preventing release

into atmosphere

Carbon Capture & Storage

Fast Facts

ADNOC – the largest industrial-scale CCS

project in the world

Capturing CO2 transport it, and inject it into

Abu Dhabi’s oil & gas reservoirs for EOR

5 million tonnes of CO2 per year captured

under phase 1

Will contribute significantly towards the

reduction of the UAE’s carbon footprint

Utilising 350km of transportation pipelines

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Profile of Masdar Carbon – CDM

Clean Development Mechanism

Delivering 20 Million tonnes of CO2 equivalent under

contract from projects in Abu Dhabi and region

CDM lifecycle management

Support UN registration process

Emission reduction project focus

Recovery / utilisation of flare waste gases

Fuel switch in industrial facilities

Energy efficiency improvements

Waste heat recovery

CO2 recovery

Gas leak reduction

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Masdar City

Masdar City

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Profile of Masdar City

Total site area

Masdar City

Fast Facts

700 hectares

3.7 million sqm

GFA

Residential

Commercial

Retail

Community

52%

38%

2%

8%

Projected resident

population 40,000

Projected commuters 50,000

Residential density 140 people /

hectare

Peak daily density 245 people /

hectare

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Masdar City creates a dynamic, vibrant,

international and entrepreneurial

community that offers numerous

benefits

Potential access to capital

Critical mass of sector knowledge

Large pool of high-quality talent

Launching point into local, regional and

international markets

Community of like-minded professionals

One of the world’s most beautiful and

sustainable living and working

environments

Benefits for Organisations Seeking to Locate Here

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Sustainability at Every Corner

Energy demand

Renewable energy

Water demand

Waste management

Low carbon materials

51% less energy in residential units

55% reduction in building external heat gain

Up to 30% of electricity provided by 1MW rooftop solar PV

Built 10MW solar PV farm

75% of hot water provided by rooftop solar thermal collectors

54% less water consumption in residential units

96% of construction waste reused or recycled

Used low carbon aluminum and concrete

mixes in buildings’ infrastructure

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Masdar City is a knowledge exchange that

will significantly help Abu Dhabi achieve a

developed knowledge economy

An icon for Abu Dhabi's commitment to

a sustainable future

A magnet for talent, expertise and

financial capital

• Home of the Masdar Institute

• Headquarters of the International

Renewable Energy Agency (IRENA)

• Over 50 companies have signed up

to be a part of Masdar City

Benefits to Abu Dhabi

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Masdar City – Key Milestones

Masdar City

construction

begins

Masdar

Institute

opens

First 6

buildings

completed

Early stage

residential,

commercial

and retail

buildings

First companies

move into offices

First residents

move into homes

More than

8,000

residents and

12,000

commuters in

the city

Full build out

completed

City accommodates

40,000 residents

and 50,000

commuters

2008 2009 2010 2013 2015 2021-2025

IRENA

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The International Renewable Energy Agency

IRENA Mission: IRENA will promote the

widespread and increased adoption and

sustainable use of all forms or renewable

energy. Acting as the global voice for

renewable energies, IRENA will facilitate

access to all relevant renewable energy

information, including technical data

Based out of Abu Dhabi, IRENA is mandated

by its members (149 and the European

Union) to disseminate renewable energy

technologies to developing and developed

nations alike

On July 8, 2010, the Agency’s statute

entered into force

International Co-operation

World Future Energy Summit

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World Future Energy Summit

Since it was first held in 2008, the World Future

Energy Summit is a platform to facilitate

practical progress in renewable energy

The world’s foremost, must-attend annual

meeting for the renewable energy and

environment industry. The annual summit

addresses issues of public policy, research and

development and business in a coordinated

approach.

The World Future Energy Summit, held every

year in Abu Dhabi and hosted by Masdar,

provides a crucial platform to address the

urgent global need to find energy solutions that

are both secure and sustainable

Thought Leadership

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WFES – Fast Facts

Countries represented

2011 Highlights

112

Number of official delegations 40

Number of high level delegates 3150

Keynote and expert speakers 200

Exhibiting companies 600

CEOs and MDs in attendance 4,000

Total attendees 26,000

Website visits 800,000

Page views 1.7 million

Zayed Future Energy Prize

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Like the Noble Prize, the Zayed Future Energy Prize

brings a similar global recognition to those who help

the world move forward

President Ólafur Ragnar Grímsson, President of

Iceland

The Nobel Prize of the cleantech Industry

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A Quick View

Launched in 2008

An annual prize fund open to SMEs/NGOs, individuals and Large

Corporations and an annual Global High School prize (open for 2013)

Over US$4 million in prizes, spread across finalists

and winners

Over 900 Submissions, and 1800 nominations from 80 countries in three

years.

Thank You Christopher D. Sorensen, Deputy Director

Strategic Innovation and Technology

CSorensen@masdar.ae

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