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The UK Offshore Renewable Energy Catapult has leased space at the soon to be completed 41,000sq.ft Inovo building at the International Renewable Energy and Technology Zone (ITREZ) in Glasgow.
20/05/2013
IFC and Masdar to collaborate
Masdar, Abu Dhabi’s renewable energy company, and the International Finance Corporation (IFC), the private sector arm of the World Bank, have disclosed their intention to collaborate on the advancement of clean energy projects.
A memorandum of understanding (MoU), signed in Washington DC, paves the way for the two parties to explore possibilities for the development of large-scale projects including: carbon capture, use and storage; cleantech venture capital and private equity fund co-investment; solar desalination and utility-scale solar and wind power projects.
The newly-formed cooperative effort will investigate options for the IFC to finance up to $1.5billion using financial products tailored to projects that may be developed by Masdar.
A memorandum of understanding (MoU), signed in Washington DC, paves the way for the two parties to explore possibilities for the development of large-scale projects including: carbon capture, use and storage; cleantech venture capital and private equity fund co-investment; solar desalination and utility-scale solar and wind power projects.
The newly-formed cooperative effort will investigate options for the IFC to finance up to $1.5billion using financial products tailored to projects that may be developed by Masdar.
20/05/2013
24/05/2013
