Masdar Solar City, the trouble with Oil going little money now

Post date: Jul 19, 2010 11:48:31 AM

World Headquarter IRENA for Renewable energy in a Petrol country means Petrol Dollar mentality

Masdar master plan changes to be announced 'imminently'

Plans for the zero-carbon Masdar City project are to be revised, with details of the amended master plan to be announced “imminently” according to Masdar's head of supply-chain management, Richard Reynolds. “We’ll finalise the revised Masdar plan fairly imminently, in the next two to three weeks,” Reynolds was quoted as saying by Bloomberg. “We’d only built part of it, so it made sense to stop and revisit.”

Founded in 2006, the US$22 billion venture undertook a strategic review towards the end of last year after the financial crisis tightened spending. The initial strategy envisioned for the Abu Dhabi government-backed renewable-energy company was “very ambitious,” CEO, Sultan al-Jaber, said earlier this month

Electric Pod Transportation needs Power

IRENA should return to Germany

World leader in solar energy

First Masdar took Int'l Renewable Energy Agency

from qualified Germany Bonn to Abu Dhabi with

the friendly help of French nuclear power lobby.

Now credit crisis Abu Dhabi decides for Nuclear,

pulls back full solar leadership. Well Dhubai

financial brokers in trouble too, just buy

and pledge oil mentality does not work.

However Masdar CEO, Sultan al-Jaber is a

competent and ambitious manager, well

the $22bn missing funding and industrialization

US style...from Idea to market a long way to learn

from the US.

Masdar is the centrepiece of Abu Dhabi’s alternative energy drive. Abu Dhabi is also building nuclear power plants and successfully lobbied to host the headquarters of the International Renewable Energy Agency.

The initial proposal intended to eliminate cars and trucks at street level and include shaded walkways to counter temperatures that can reach over 38 Celsius (100 degrees Fahrenheit) during the summer months. The plan to leave conventional cars at the city’s entrance and drive around the six sq km location in electric driverless vehicles known as pods is being reconsidered, Reynolds said.

“Having 3,000 pods running around the city would be great, but those were vehicles that couldn’t go outside Masdar,” he said. “So now, maybe we will have electric trains, or electric cars that can be used everywhere.”

source:technicalreviewmiddleeast.com