Abu Dhabi’s state owned renewables developer Masdar started out with solar developments at home. With high level political backing, it has extended its operations internationally, with both large and small projects.
Abu Dhabi Future Energy Company (Masdar) was established in 2006 as the renewables arm of state investment giant Mubadala. It has the highest political backing, having been formerly led by Adnoc CEO Sultan al-Jaber, while Mubadala itself is chaired by Crown Prince Muhammad bin Zayed, Abu Dhabi’s de facto ruler. (CONTINUED - 976 WORDS)