First Solar to help power UAE 'green' city
ABU DHABI (Reuters) - Abu Dhabi's Masdar said on Thursday it is building the Middle East's largest solar power plant for the carbon-neutral Masdar City.
Half of the 10 megawatt photovoltaic plant's solar panels will be supplied by First Solar Inc, the U.S.-based company said in a statement. Its shares rose 6.5 percent following the announcement.
The $22 billion Masdar City—the green city in the desert—will be home to 50,000 people and 1,500 businesses. No cars will be allowed.
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