Hillary Clinton Praises the Vision of Masdar and Abu Dhabi?s Leadership to Answer the World?s Energy Challenges

The Secretary of State of the United States of America, Hon. Hillary Rodham Clinton, today delivered a speech at the Masdar Institute of Science and Technology campus – the Middle East’s first graduate research institution dedicated to innovations in clean energy located at Masdar City – affirming the strong relationship between the US and the United Arab Emirates. Secretary Clinton also commended Masdar’s ambition and commitment to advancing and commercializing innovations in renewable energy and clean technology.

In her address, Secretary Clinton, said: “UAE is so well positioned to compete in the 21st century because of your commitment to clean, renewable energy. We are fully committed to supporting your work and we will do everything we can through our academic institutions, like MIT, through our government, like the Department of Energy and the State Department, and through our private sector, to bring more jobs and to bring more innovative entrepreneurial spirit here to the UAE.

“I want my country to know how advanced you are in pursuing clean renewable energy,” Secretary Clinton added. “I want the world to know that the US is partnering with you because we are betting on Abu Dhabi and the UAE. We are betting that this incredible investment represented by Masdar is going to pay off, and when it pays off it will not only mean a better life for the people of this country and this region, it will have ripple effects throughout the world.”

Following a guided tour of the facilities at Masdar City, Secretary Clinton was officially welcomed by Dr. Sultan Ahmed Al Jaber, CEO and Managing Director of Masdar, the Abu Dhabi based company focused on the development and deployment of sustainable energy solutions.

Dr. Sultan Ahmed Al Jaber said: “We are privileged and honored to welcome Secretary Clinton to Abu Dhabi and Masdar. Cooperation between our nations is built on mutual trust, respect and friendship. We look forward to further strengthening our relationship by working together to address the challenges of delivering viable, scalable clean energy to the world.

“Secretary Clinton’s visit to Masdar is a testament to the strength of this relationship and our leadership’s commitment to the development of renewable energy and climate change mitigation,” Dr. Al Jaber added.

During the tour of Masdar City, Secretary Clinton was able to see firsthand the innovations, progress and momentum building at Masdar, made possible by global collaboration. One such example was Secretary Clinton’s visit to Masdar’s advanced concentrated solar power (CSP) “Solar Beam Down” project, a joint venture between Masdar, Cosmo-Oil of Japan and the Tokyo Institute of Technology. The innovative “beam down” technology is an example of the global collaborative research conducted at Masdar.

Visiting the Masdar Institute campus, a graduate level institution established in partnership with the Massachusetts Institute of Technology, Secretary Clinton was also shown the sustainable facilities that have been designed to improve both the living and working experience of the students and faculty through smart, energy efficient and high performance building design.

“I express my gratitude to the people of the UAE for being innovative, creative and at the same time very practical about how you intend to achieve your goals,” Secretary Clinton said. “We are proud to be your partner and we are looking forward to achieving real progress for your citizens and the world at large.”

Dr. Sultan Ahmed Al Jaber recognised the significance of Secretary Clinton’s visit, particularly as Abu Dhabi prepares to host the World Future Energy Summit (WFES) next week. WFES is a global platform for open dialogue between political and industry leaders, international policy makers, investors and experts from across the renewable energy and clean technology sector. Wide ranging global collaboration lies at the heart of Masdar’s business model, and the visit by Secretary Clinton further enhances the ongoing cooperation between the UAE and the US.

The US Department of Energy (DOE) and the Department of Energy and Climate Change at the UAE Ministry of Foreign Affairs worked closely with Masdar on initiating the Clean Energy Ministerial (CEM) process. This bilateral preparation effort began on 26 April, 2010, when the DOE and Masdar signed a Memorandum of Understanding on clean energy cooperation. The UAE served as host to the first CEM Preparatory Meeting in Abu Dhabi on 28-29 June, 2010. Having brought together officials from the participating countries, this meeting provided an invaluable forum for productive multilateral dialogue on the transformative policy and program initiatives that were publicly announced at the Ministerial in Washington, D.C. The second Clean Energy Ministerial will be held 6-7 April, 2011, in the United Arab Emirates.

Masdar is Abu Dhabi’s multi-faceted initiative advancing the development, commercialisation and deployment of renewable and alternative energy technologies and solutions. The company serves as a link between today’s fossil fuel economy and the energy economy of the future – developing the “greenprint” for how we will live and work tomorrow. Backed by the stability and reputation of the Mubadala Development Company, an investment vehicle of the government of Abu Dhabi, Masdar is dedicated to the emirate’s long-term vision for the future of energy.

www.masdar.ae/