Merkel meets Masdar
Merkel praises cooperation between German business and Masdar.
Angela Merkel, the German chancellor, visited the Masdar Institute on Tuesday as part of her official visit to the United Arab Emirates.
Merkel and a delegation of key German business leaders and officials were briefed on the status of numerous projects, in particular those involving German companies.
Speaking at the event, Merkel praised the close ties between German business and Masdar, the government organisation set up to promote sustainability and renewable energy.
Masdar is collaborating with several German companies such as E.ON, BASF, Bayer, Deutsche Bank, MAN Schüco, as well as research institutions such as RWTH Aachen and Fraunhofer. It also has a direct investment in Germany with Masdar PV, a solar thin-film module manufacturing facility in Ichterhausen, Thuringia.