[SCG] Abu Dhabi to spend $15 billion on RE economy

[Harald W. Kegelmann]

FYI,

https://photon-international.com:450/news_archiv/details.aspx?cat=News_PI&sub=africa&pub=4&parent=954

Flush with oil money, rich emirate plants huge financial seed for  
renewable energy ? and PV

March, 2008: Swimming in cash from its hydrocarbon industrial base,  
Abu Dhabi in the Gulf State of the United Arab Emirates has pledged  
$15 billion to become a magnet for a renewable energy economy as part  
of its Masdar Initiative. In addition to wind and hydrogen projects,  
as well as a research institute in a yet-to-be built carbon-neutral  
city, the leveraged money will be used to support a solar cluster  
including hundreds of megawatts of installed PV, an integrated  
crystalline-based value chain production

You can find the rest of the article at the above link.

   Harry