Abu Dhabi’s Masdar to Double Solar, Wind Power in Middle East
Abu Dhabi’s state-owned Masdar plans to invest in renewable energy projects from the U.A.E. to Morocco to double its power generation capacity from solar and wind plants within a decade to meet rising demand in the region, Chief Executive Officer Ahmad Belhoul said.
Masdar plans to bid for power projects in Jordan after starting a 117 megawatt wind farm in the kingdom last year, Belhoul said in a telephone interview from Abu Dhabi on Wednesday. The company is working on projects to mount solar panels on 17,700 homes in Morocco and wants to develop wind and solar plants there, he said. It’s also pursuing solar developments in Abu Dhabi and neighboring Dubai as well as in Egypt, he said. Details