Masdar,(Arabic:مصدر), also known as the Abu Dhabi Future Energy Company, is a UAE-government owned renewable energy company based in Abu Dhabi, United Arab Emirates. Masdar is a subsidiary of Mubadala Development Company and was founded by the UAE government in 2006. It is guided by The Abu Dhabi Economic Vision 2030, a program that drives new sources of income for the Emirate and strengthens its knowledge-based economic sectors.