Abu Dhabi to keep investing in solar energy despite crisis

Oil-rich Abu Dhabi said Monday it will press ahead with plans to develop solar energy, shrugging off a huge drop in oil prices which is cutting the emirate's revenues.
"The current economic situation has no impact on Masdar's intended and planned projects," said Sultan al-Jaber, chief executive of Masdar, the government-owned Abu Dhabi Future Energy Company charged with developing clean energy.
The company's most prestigious project is developing Masdar City in Abu Dhabi -- a 22-billion-dollar cluster city that is to have zero carbon emissions.