Middle East Economic Survey

VOL. L

No 10

5-Mar-2007

UAE

Abu Dhabi To Build $350Mn Solar Power Plant

Abu Dhabi’s government plans to build a $350mn solar power plant, the first of its kind in the GCC. The 500mw plant is expected to begin operations in 2009. Abu Dhabi Future Energy Company (ADFEC), a subsidiary of government-owned Mubadala Development Company, and the Abu Dhabi Water and Electricity Authority will fund the plant with other investors. The plant is part of Abu...