Fancy the chance to win an all-expenses paid trip to attend Abu Dhabi Sustainability Week in the United Arab Emirates? Well, here’s how. Masdar, the renewable energy company based in Abu Dhabi, has launched an international blogging contest to raise awareness of the critical issues of water security and energy. “This is your chance to […]
Torresol - a joint venture between Spain's SENER and Abu Dhabi's Masdar, plans to invest up to $5 billion building 6 GW of concentrated solar-thermal power (CSP) projects over the next three years in the deserts of the MENA region, Spain, and the US. Although the sites are not yet named, at least one of the plants will be in Abu Dhabi. The company ('torre' is Spanish for tower, and 'sol' for sun) says it is optimistic in getting the funding for its ambitious solar project pipeline. “Despite the ongoing economic troubles facing much of the world", says Torresol President Enrique Sendagorta, "we believe we can achieve our goals as foreign banks are becoming more interested in financing solar power projects because it is a winning investment”. The first of the Desertec solar projects all use CSP, in Morocco, and in Algeria, and just today - in Tunisia.