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Ian Lewis
Daegu
17 October 2013
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Masdar poised to scale up green investments

UAE adapting oil and gas expertise to spearhead renewables drive

Abu Dhabi based green investment company Masdar has helped put the United Arab Emirates (UAE) on the map as a high-profile player in global renewable energy development – and that role is set to expand, Thani Al Zeyoudi, director of energy and climate change in the country’s Ministry of Foreign Affairs, told WEC Congress News. Little more than a name and a concept when it was created in 2006, Masdar has since carved out a niche as a key investor in several large renewable projects in Europe and the developing world, including concentrated solar power plants in Spain and solar power projects in Mauritania, the Seychelles and Fiji. The company plans to expand its portfolio over coming years, r

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