Energy is essential to the way we live. Whether it is in the form of oil, gasoline or electricity, the worlds' prosperity and welfare depends on having access to reliable and secure supplies of energy at affordable prices. Improving how we acquire, produce, and consume energy is central to becoming economically and environmentally responsible and sustainable.
Tuesday, December 28, 2010
Road to energy security links entire region
Dec 28, 2010 - The array of solar panels lining the outskirts of Masdar City are but one indication of the Emirate's ambitious plans for harnessing the power of the sun. Shams 1, the largest concentrated solar power plant in the Middle East being built in Madinat Zayed, is another.
And this week's announcement by Al Maskari Holding to invest in Libya's solar market is a third. As we reported yesterday, a Dh11 billion commitment to Libya's energy market will partly include "the best solar resources in the world", according to Sheikha Aisha Al Maskari, the chairwoman of Al Maskari Holding.
The Abu Dhabi-based family company is investing in Libya for the same reason that other local entities have invested in Sweden, Qatar, and Spain: the national energy policy links the UAE not just to the region, but to the world. More >>>
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