UAE – Mubasher: Abu Dhabi Future Energy Company (Masdar) is planning to expand in Egypt and US, which is the world’s second biggest renewable energy market after China, CEO Mohamed Jameel Al Ramahi stated on Tuesday, according to the Emirates News Agency (WAM).
The company’s total investments in over 30 countries have reached $14 billion, Al Ramahi added.
Masdar has a total operating capacity of around 5,000 megawatts, which makes the company a key global player in renewable energy, executive director of the clean energy department at Masdar, Youssef Al Ali, told WAM.
The Abu Dhabi-based company is planning to launch renewable energy projects around the world, especially in the US, Europe, and East Asia, Al Ali revealed.
