UAE Foreign Aid Deal Out Dh2.33 Billion for Energy Projects in 2012

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The energy sector of the United Arab Emirates obtained Dh2.33 billion ($635 million) fromUAE Foreign Aid Deal Out Dh2.33 Billion for Energy Projects in 2012 the foreign aid last year as subside towards energy projects in different countries.
The amount is almost 11 per cent of the UAE’s foreign aid, more than any other apart from health and general assistance which includes $221million for the development of solar systems in Mauritania and Afghanistan.
Masdar provided $164m to build a 15-megawatt solar power station in Nouakchott, Mauritania’s capital that is expected to increase the country’s electricity capacity by 10 per cent.
Each year the station, named after Sheikh Zayed, will prevent 21,225 tonnes of carbon dioxide from being released into the atmosphere, according to Masdar. The country faces severe energy shortages and has relied solely on diesel generators for its national grid capacity of 144 megawatts.
Meanwhile the energy project in Afghanistan was benefited by 600 households in eight isolated villages whereas supply of electricity by a solar energy project on which Masdar spent $57m.
The projects were part of Masdar’s support for the UN’s Year of Sustainable Energy for All. The global initiative aims to improve energy efficiency and promote the use of renewable.
To be added, a solar energy plant in Tonga and a wind plant in the Seychelles received funding from the Abu Dhabi Fund for Development.