The Abu Dhabi Future Energy Company (Masdar) is an Abu Dhabi

Abu Dhabi

Abu Dhabi , literally Father of Gazelle, is the capital and the second largest city of the United Arab Emirates in terms of population and the largest of the seven member emirates of the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western...

-based renewable energy company that develops sustainable low-carbon energy projects. It is wholly owned subsidiary of Mubadala Development Company

Mubadala Development Company

Mubadala Development Company PJSC was established in October 2002 as a Public Joint Stock Company and is a wholly owned investment vehicle of the Government of Abu Dhabi, in the United Arab Emirates....

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Operations

The Abu Dhabi Future Energy Company was established to develop and manage Masdar City

Masdar City

Masdar is a project in Abu Dhabi, in the United Arab Emirates. Its core is a planned city, which is being built by the Abu Dhabi Future Energy Company, a subsidiary of Mubadala Development Company, with the majority of seed capital provided by the government of Abu Dhabi...

. In April 2008, the company established its first subsidiary in Germany

Germany

Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

, Masdar PV, which manufactures photovoltaic films. Masdar PV develops its first plant in Ichtershausen

Ichtershausen

Ichtershausen is a municipality in the district Ilm-Kreis, in Thuringia, Germany....

, Germany, and the second in Abu Dhabi. It operates also in private equity

Private equity

Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 through the Masdar Clean Technology Fund, established in November 2006. In March 2008, Masdar and Sener Grupo de Ingeniería of Spain established a joint venture Torresol Energy

Torresol Energy

Torresol Energy is a joint venture between SENER and Masdar . It develops solar power tower plants with molten salt technology and parabolic trough power plants....

 to build and operate concentrating solar power stations globally. In September 2008, the company invested in a Finnish wind turbine manufacturing company WinWinD

WinWinD

WinWinD is a wind turbine manufacturer headquartered in Espoo, Finland. It manufactures and supplies wind turbines with capacity of 1 and 3 MW....

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In addition to the Masdar City, the Abu Dhabi Future Energy Company operates the Masdar solar power plant and it is also a developer of the Shams 1 solar power station

Shams 1 solar power station

Shams solar power station is a planned concentrating solar power station in Madinat Zayed, Abu Dhabi, the United Arab Emirates. The first part, Shams 1, will have a capacity of 100–125 megawatts , which makes it the largest parabolic trough power station in the world.The project is...

, a planned concentrating solar power station in Madinat Zayed, Abu Dhabi, which will be the largest parabolic trough

Parabolic trough

A parabolic trough is a type of solar thermal energy collector. It is constructed as a long parabolic mirror with a Dewar tube running its length at the focal point. Sunlight is reflected by the mirror and concentrated on the Dewar tube...

 power station in the world. Together with the Government of Seychelles

Seychelles

Seychelles , officially the Republic of Seychelles , is an island country spanning an archipelago of 115 islands in the Indian Ocean, some east of mainland Africa, northeast of the island of Madagascar....

, it develops a wind farm near Mahé Island

Mahé, Seychelles

Mahé is the largest island of the Seychelles, lying in the north east of the nation. The population of Mahé is 80,000. It contains the capital city of Victoria and accommodates 90% of the country's total population...

. In cooperation with E.ON

E.ON

E.ON AG, marketed with an interpunct as E•ON, is the holding company of the world's largest investor-owned energy service provider based in Düsseldorf, Germany. The name comes from the Greek word aeon which means eternity....

, Masdar develops the London Array wind farm.