Masdar and GGGI

Abu Dhabi-UAE: 16 September, 2012 – A new public private partnership will pilot a cutting-edge micro-grid powered by 100% renewable electricity in Abu Dhabi. Global Green Growth Institute (Chairman, Lars Rasmussen, former Prime Minister of Denmark), an intergovernmental organization committed to promoting Green Growth in the developing world, today announced it is joining hands with Masdar Institute (MI) and the Research Institute for Industrial Science and Technology (RIST) in Pohang of South Korea to design a robust and cost-efficient micro-grid operating on 100% renewable energy. The project is supported by approximately US$1 million from GGGI and POSCO, the world’s fourth largest steel producer.   Rest