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DUBAI - United Arab Emirates' state-owned renewable energy company, Masdar, has reached a global capacity of 65 gigawatts of clean energy as it heads towards its goal of 100 GW by 2030, Chairman Sultan Al Jaber said on Tuesday in opening remarks during the Abu Dhabi Sustainability Week.
Masdar, owned by Abu Dhabi's Mubadala and national oil company ADNOC, has expanded rapidly in recent years through acquisitions and investments in renewable energy projects in Europe, the United States and recently in Austria.
The United Arab Emirates has pledged to reach net zero emissions by 2050.
Al Jaber said the UAE had structured its economy to adapt to technological change, describing artificial intelligence as "no longer a tool we add at the margins" but "the operating system of our industrial strategy."
(Reporting by Maha El Dahan, Yousef Saba and Sarah El Safty; Editing by Tom Hogue and Bernadette Baum)





















