The award, the latest plaudit for the Abu Dhabi Future Energy Company, was presented at the 9th Annual Global Renewable Energy and Finance Forum (REFF) in London on Monday (September 24, 2007) by veteran BBC journalist John Humphrys. The REFF is Europe's largest and most established event for the renewable energy finance community.
Masdar CEO Dr. Sultan Ahmed Al Jaber said the award shows the centrality of the Masdar Initiative in the global renewable energy sphere.
"This is a valuable recognition of Masdar's commitment to and vision of a clean energy future for the world, and provides a significant impetus for us to move forward," he said. "We are honoured by this gesture of trust and confidence from our peers in the industry."
The REFF conferences unite public and private investors, project developers and senior executives from across the renewable energy, technology and corporate funding sectors worldwide. Conference delegates and members of the public can vote in the Global Renewable Energy Awards, which recognise the projects, companies and individuals who have made significant contributions to the renewable energy sector.
The 2007 awards were presented in 12 categories, including IPO of the Year, Emerging Technology Promoter of the Year, Climate Change Investment Programme of the Year and Sustainable Region/City of the Year.
In June, Masdar received the first World Clean Energy Award from the Transatlantic21 Association in Basel, Switzerland.
Masdar is a comprehensive Abu Dhabi government program addressing the issues of sustainable energy sources and environmental practices. The program is focused on developing and commercializing advanced and innovative technologies in renewable, alternative and sustainable energies.
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Masdar voted 'Sustainable City of the Year'
- United Arab Emirates: Thursday, September 27 - 2007 at 14:28
- PRESS RELEASE
Masdar, the landmark initiative by the Abu Dhabi government to promote advanced energy and sustainability worldwide, has been named 'Sustainable City of the Year' at the Euromoney and Ernst & Young Global Renewable Energy Awards 2007.
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Notes and media contacts
For more information contact Peter Nicholson +971 2 698 8050www.masdar.ae
ABOUT 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. 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 Lara Lynn Golden, News EditorThursday, September 27 - 2007 at 14:28 UAE local time (GMT+4)
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