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Masdar – The new world centre for renewable energy
It has been called an ’Enviro-Utopia’, a ’Mirage in the Desert’, an Entrepreneurial Eco-system,’ the ’Mecca of Renewable Energy’, the world’s first ’Zero Carbon, Zero Waste City’, the ’City of the Tomorrow’ - and it’s not even been built. The multibillion-dollar Masdar Initiative, which was launched only a year ago, is a combination clean-tech investment fund, property developer and renewable-energy start-up, all dedicated to preparing Abu Dhabi for the end of oil and positioning it as the global leader in green energy and sustainable living.
This month will see groundbreaking for the six-square-kilometre, ... |
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US seizes wind power crown
The US has officially overtaken Germany as the world`s largest producer of wind energy following a record-breaking 2008 in which the country`s wind capacity increased by a staggering 50 per cent. According to figures released last week by the Global Wind Energy Council (GWEC), the US installed 8.4GW of capacity last year giving it a total of over 25GW, compared to just under 24GW in Germany. The US led a bumper year for the global wind energy industry in which investment in turbine installations topped US$47bn and worldwide wind energy capacity grew almost 29 per cent, even higher than the average ... |
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MASDAR
As the first major hydrocarbon-producing nation to take such a step, it has established its leadership position by launching the Masdar Initiative, a global cooperative platform for open engagement in the search for solutions to some of mankind`s most pressing issues: energy security, climate change and truly sustainable human development.
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