Abu Dhabi's Masdar to Double Solar, Wind Power in Middle East

  • Masdar to boost solar, wind capacity in 10 years from 1.5GW
  • Falling cost of solar plants makes them competitive with gas

Abu Dhabi’s state-owned Masdar plans to invest in renewable energy projects from the U.A.E. to Morocco to double its power generation capacity from solar and wind plants within a decade to meet rising demand in the region, Chief Executive Officer Ahmad Belhoul said.

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