Masdar to Hold the First World Future Energy Summit in Abu Dhabi
Abu Dhabi Future Energy Company (ADFEC) signed an agreement with Turret Middle East to appoint them as the summit organizers. WFES will host about 150 of the world?s most renowned speakers, innovators, and experts in clean energy, alongside a 14,000 square meter exhibition showcasing the present and future state of alternative energy technologies in what is expected to be the largest dedicated gathering of its kind in the world.
Masdar, which is driven by ADFEC, is a unique initiative in that it adopts a comprehensive multi-faceted approach to alternative energy. This approach encompasses education, funding, and technology development as complementary contributors to the creation of clean energy initiatives and applications.
Supported by the world's leading energy concerns, including Shell, BP, Occidental Petroleum, Total, Mistusbishi, Mitsui, GE, Rolls Royce, RWTH Aachen, and the Imperial College of London, the initiative is creating a globally supported regional hub for the development of sustainable energy. The initiative is further supported by Abu Dhabi's leading government and non-government agencies, such as ADNOC, ADWEA and the Environment Agency Abu Dhabi.
The Summit will feature some of the world's leading experts and drivers of future energies in an exhibition and conference forum that includes innovations, venture capital and finance, education and enterprise development in the areas of solar energy, carbon dioxide capture and storage, sustainable desalination, and energy efficiency in buildings and industry.
Masdar has launched a $250 million Clean Technology Fund - one of the largest in the world - and established the Masdar Research Network, a collaboration framework with six internationally renowned education institutions.
ADFEC is a private joint-stock company incorporated in Abu Dhabi and wholly-owned by Mubadala Development Company.
ADFEC is mandated to drive the Masdar Initiative, Abu Dhabi's landmark programme to leverage Abu Dhabi's energy expertise and financial resources into innovative global solutions for cleaner, more sustainable energy.
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