Plans for the zero-carbon Masdar City project are to be revised, with details of the amended master plan to be announced ?imminently? according to Masdars head of supply-chain management, Richard Reynolds. ?We?ll finalise the revised Masdar plan fairly imminently, in the next two to three weeks,? Reynolds was quoted as saying by Bloomberg. ?We?d only built part of it, so it made sense to stop and revisit.?
Saudi Arabia has taken the first step towards becoming energy efficient by holding its first ever public stakeholder meeting, the initial step in certifying an energy efficiency project under the rules of the Kyoto Protocol?s Clean Development Mechanism (CDM), in Jeddah recently.
p>Saudi Arabia has taken the first step towards becoming energy efficient by holding its first ever public stakeholder meeting, the initial step in certifying an energy efficiency project under the rules of the Kyoto Protocol?s Clean Development Mechanism (CDM), in Jeddah recently.
Power generation equipment and services supplier, Alstom, has announced the strengthening of its renewables portfolio through a partnership with BrightSource Energy Inc. Alstoms move into the high-growth solar energy market comes in the form of an investment of up to US$55mn in BrightSource Energy Inc, with an equity stake that positions Alstom as one of the main shareholders in the company.
The deal takes place as part of a capital increase of US$150mn organised by BrightSource, a privately-owned company that specialises in designing, building and operating tower based solar thermal power plants.
A high level delegation representing the energy sector in Dubai has visited China to look at the latest global practices in the area of sustainable energy and the diversification of its sources. The delegation exchanged knowledge on the usage of conventional power plant technologies (using ultra super critical power plant-coal and synthetic gas) to generate electricity and produce desalinated water.
The Abu Dhabi Fund for Development (ADFD), a fund established by the government to aid the economic development of developing nations, has granted a loan to Bahrain worth US$50mn. The loan will be used to erect two electric transmission lines, of 220KV and 66KV each, to meet the increasing demand for electric power.
