Middle East Economic Survey

VOL. LIV

No 47

21-Nov-2011

UAE

Shams 1 Solar Project Set To Start By 3Q12, Masdar Says

Masdar Power, the wholly owned subsidiary of the Abu Dhabi government-owned Mubadala Development Company, is projected to start operating its Shams 1 concentrated solar thermal plant by the third quarter of next year, Masdar Director Frank Wouters said on 14 November. Speaking at a conference in Dubai, Mr Wouters revealed the company was currently awaiting consent from Abu...