Abu Dhabi on Tuesday awarded the boss of the renewable energy subsidiary of a Nobel prize-winning microfinance bank a $1.5m prize for bringing energy to millions of poor people.
The Zayed Future Energy Prize was awarded to Dipal Chandra Barua, the head of Grameen Shakti, for the Bangladeshi company’s work in installing more than 200,000 solar panels to provide renewable power to 2m mainly rural people.
Abu Dhabi, the wealthy capital of the United Arab Emirates, is spending billions on renewable technology development through its Masdar initiative as part of an economic diversification drive.
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