Masdar to double renewables capacity in five years
Abu Dhabi Future Energy Company (Masdar) plans to double its renewables energy capacity in five years with new projects in Asia and the Americas, its CEO said on Monday. Masdar, wholly-owned by Abu Dhabi’s Mubadala Investment Company, has till now invested USD8.5bn to build capacity of 4 gigawatts in renewables projects in the UAE, Britain, Seychelles, Spain and the Middle East.
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