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The Abu Dhabi government's Masdar Initiative was selected out of a 70 international nominees as the winning entry in the category of 'Finance and Investment'. The newly created awards recognize achievement and innovation in the integrated use of energy efficiency and renewable energy, and honour the world's best projects promoting the large-scale use of renewable energies.
Masdar was chosen for the award because it represents the government of Abu Dhabi's vision and commitment to invest in the future of energy and environmental sustainability. In accepting the award, Masdar CEO Dr. Sultan Al Jaber thanked the WCEA organizers for recognizing Masdar's commitment and contribution to renewable energy and the environment.
Dr. Al Jaber said, 'Being associated with WCEA and participating with other global initiatives which set new standards for the large-scale use of clean energy solutions is a great honour.'
Dr. Al Jaber further explained, 'The WCEA program provides an honoured international platform for recognizing and encouraging continued advancement in the field, and highlights the need for a global focus on the development of advanced energies and sustainability-related technologies.'
The Award's overall objective is promoting the integration of clean and sustainable energy in all human activities. The awards support projects which assist this aim by providing a distinguished global platform for recognizing and encouraging the application of clean energy technologies. Each winning project represents a best-practice example, which can serve as a role model for others and hold the potential for broad practical application within a short time frame.
Masdar wins World Clean Energy Award in Basel, Switzerland
Masdar received the first World Clean Energy Award (WCEA), presented by Transatlantic21 Association, on June 15th in Basel, Switzerland.
- United Arab Emirates: Thursday, June 21 - 2007 at 15:24
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For more information contact Peter Nicholson +971 2 698 8050ABOUT MASDAR AND THE ABU DHABI FUTURE ENERGY COMPANY
The Abu Dhabi Future Energy Company (ADFEC) is Abu Dhabi's vision and investment in the future of energy and environmental sustainability - a private joint stock company established and wholly-owned by Mubadala Development Company. ADFEC drives the Masdar Initiative, a multi-billion dollar, multi-faceted response to the need for a global focus on the development of advanced energies and sustainability-related technologies.
Masdar is designed to ensure that Abu Dhabi grows its share of the global energy market by fostering the development and commercialization of advanced and innovative technologies in renewable, alternative and sustainable energies for a cleaner, safer environment and future.
Masdar has partnered with the world's most prominent companies, educational institutions and investment firms to lead and advance a global strategy of international knowledge and capability to change the way the world understands energy and create a historic, global shift to new energy sources and sustainable resource utilization.
Masdar is comprised of six strategically designed and focused units:
MASDAR INSTITUTE OF SCIENCE AND TECHNOLOGY - in partnership with the MIT, will offer Masters and PhD programs in science and engineering focused on advanced energy and sustainable technologies.
MASDAR RESEARCH NETWORK - a unique collaborative network of world-class scientists and post-doctoral researchers linking the MASDAR Institute and seven leading global scientific research institutions in three continents.
INNOVATION & INVESTMENT - the investment and commercialization vehicle for advanced energy and sustainability technologies.
SPECIAL PROJECTS - develops capital-intensive projects including large-scale manufacturing and deployment of new energy technologies and systems.
CARBON MANAGEMENT - spearheads the development of multi-sector greenhouse gas reduction projects.
MASDAR ZONE DEVELOPMENT - a unique, integrated 'Green Community' in the heart of Abu Dhabi hosting Masdar and a carefully selected pool of international tenants who will invest, develop, and commercialize advanced energy technologies.
Posted by Anne-Birte Stensgaard, Senior News EditorThursday, June 21 - 2007 at 15:24 UAE local time (GMT+4)
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This Article was updated on Monday, July 30 - 2007
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Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
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