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Abu Dhabi Looks to Become Alternative Energy Hub

Filed in archive Alternative Energy on October 6, 2009

Abu Dhabi
© Panoramas


GreenBeat is reporting that Abu Dhabi is preparing for a bid to become a world hub for alternative energy.
Masdar, Abu Dhabi’s state-owned energy company, announced over the weekend that it will be raising between $300 and $600 million to start construction on Masdar City, the massive planned hub for cleantech research and innovation, especially in the renewable energy sector. As its name suggests, the development will also be a zero-carbon, zero-waste city for about 50,000 residents, the government in the United Arab Emirates capital claims.
The project hopes to harness geothermal energy to power the city's air conditioning. Reykjavik Geothermal of Iceland is working with Abu Dhabi on the geothermal projects.

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Tags: geothermal,  abu  dhabi  energy  alternative  alternative+energy  looks+become  become+alternative 

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