UAE Funds Renewables In Africa, Pacific


UAE has backed its bid to be the regional leader in renewable energy with the announcement of loans for projects in a number of developing countries. The news coincided with the World Future Energy Summit (WFES) in Abu Dhabi beginning 20 January.

Abu Dhabi-based International Renewable Energy Agency (Irena) and Abu Dhabi Fund for Development (ADFD) announced $41mn of loans for renewable energy projects with a combined capacity of...