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May 22 2009

Masdar to invest in regional projects

ABU DHABI - Masdar may invest in projects in the Middle East and North Africa to reduce carbon-dioxide, the Abu Dhabi state renewable-energy company's Chairman Ahmed Ali Al Sayegh said.

Abu Dhabi dedicated $15 billion (Dh55bn) to support renewable projects and Masdar is building solar panel production plants in Abu Dhabi and Germany, Al Sayegh said.

© Emirates Business 24/7 2009

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