UAE inaugurates three major projects under US$50 million Caribbean Renewable Energy Fund

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Three climate-resilient solar power projects in the Bahamas, Barbados, and Saint Vincent and the Grenadines are being inaugurated this week under the US$50 million UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy initiative of its kind in the region. UAE foreign aid for renewable energy projects now totals almost US$1 billion since 2013, supporting more than 40 countries….

An excerpt from Masdar