Masdar Boosts Small-Scale Projects In Remote Pacific Islands With $50Mn Fund
Abu Dhabi’s state-owned renewable energy company Masdar has announced the inauguration of a series of renewable energy projects in the Pacific Island countries and territories, made possible by the $50 million UAE-Pacific Partnership Fund (UAE-PPF). The projects are designed to drive economic growth and sustainable development across the islands, in addition to job creation and capacity-building efforts. Highlights included cyclone-proof wind turbines, space-optimising solar solutions, and plants providing 50 percent of local energy requirements.
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