Solar Spotlight on Abu Dhabi in Race To Become Renewables Powerhouse
Abu Dhabi will set the pace over the next two years in the race to become the region’s renewables powerhouse as a reduction in electricity subsidies makes solar rooftop applications more viable in the emirate, say industry insiders.
Companies that provide finance and install solar photovoltaic (PV) panels on building rooftops will increasingly focus efforts in Abu Dhabi in the next two years.
“We expect a continued reduction of subsidies as part of the standard economic reform and reallocation for budgets that are required,” said Sami Khoreibi, the chief executive of Abu Dhabi-based Enviromena Power Systems. Details