Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan Bakyt Torobaev held a meeting with representatives of Masdar company from the United Arab Emirates (UAE).
He told about the country’s hydropower potential, stressing the priority of development of projects in the field of renewable energy sources and calling on the company to cooperate in the implementation of joint energy projects.
Representatives of Masdar, a world leader in renewable energy and sustainable urban development, expressed their readiness to cooperate in the implementation of projects on construction of a 200 megawatt solar station at the first stage.
Masdar was founded in 2006. It means «source» in Arabic.
«Our mandate is to help maintain the leadership of the United Arab Emirates (UAE) in the global energy sector while supporting the diversification of both its economy and energy sources for the benefit of future generations.
At Masdar, we develop commercially viable renewable energy projects in the Middle East, North Africa (MENA) and international markets. We promote innovation in the field of clean technologies,» the company’s website says.
Masdar, wholly owned by Abu Dhabi government investment firm Mubadala, supports the UAE’s transition to a knowledge-based economy.
