Energy Summit project value approaches $4b

Abu Dhabi The combined value of renewable energy projects confirmed for the Project Village at the 2012 World Future Energy Summit (WFES) is approaching $4 billion (Dh14.68 billion), organisers said.

“With another 10 projects expected to participate, the value of developments within the Project Village for 2012 may easily surpass $4 billion,” said Naji Al Haddad, WEFS Exhibition Director.

“Those projects are on top of the large-scale investments in renewable energy under development by Masdar, Abu Dhabi’s multi-faceted renewable energy company and host of WFES, and other companies exhibiting at the summit next January 16-19 at the Abu Dhabi National Exhibition Centre [Adnec],” said Al Haddad.

He said that 25 projects, spanning photovoltaic power, wind energy, solar thermal, waste-to-energy, concentrated solar power and other technologies, have already been confirmed for the Project Village, which sheds light on some projects from the Mena region, India and other countries.

Article by Links Group on Dec 20th 2011