Abu Dhabi’s Masdar has announced that it will build a 100 megawatt solar power plant, in cooperation with Spain’s Abengoa and France’s Total.
The concentrated solar power plant will be located in the south west of Abu Dhabi and when completed with be the world’s biggest. It will be called Shams 1, the Arabic word for the sun.
Under the United Nation’s Clean Development Mechanism, the plant will qualify for carbon credits as it will offset something equal to 175,000 tonnes of carbon dioxide each year.
The plant will cost an estimated $600million to build and the expected completion date is 2012.Sarah O'Connell, Staff Writer, Gulf Jobs Market