Masdar is a planned city constructed 6 kilometres away from Abu Dhabi International Airport which has been established in 2006. Masdar means “Source City”. Its core is being built by Abu Dhabi Future Energy Company (a subsidiary concern of Mubadala Development Company) with the majority of seed capital provided by the Government of Abu Dhabi. Masdar is a commercially driven enterprise that operates to reach the renewable energy and sustainable technologies industry’s brad boundaries. Thus it gives the necessary scope to meet these challenges. It is one of the widely recognized exciting eco- developments. It’s an emerging global hub for companies focusing on clean technologies and renewable energy and those who wanted to have their operations in the Middle East. Masdar City is an economic free zone that offers a hassle-free company set up with a host of benefits for the investors. Also, can pilot, demonstrate, refine, develop and commercialize their technologies.

The Masdar City is made up of four interconnected business units, ie.

Masdar Power handles energy projects in Masdar City and other projects in Seychelles and the UK.

Masdar Institute of Science and Technologies is a non –profit-making education institution that focuses on alternative energy sources and clean energy.

Masdar Carbon focuses on clean development mechanism projects and carbon capture and store.

Masdar Venture Capital is an investment that supports the creation of clean energy and environment services.