Project Finance magazine awarded it “Middle East Renewable Energy Deal of the Year 2010”.

Registered on September 8, 2009 at the United Nations as a
Clean Development Mechanism (CDM) project eligible for carbon credits.

THE PROJECT

The world’s largest financing transaction for a solar power project (US$600 million).
11,000,000 man-hours without major incident.
Shams 1 the largest solar project in the world.
Project Finance magazine awarded it “Middle East Renewable Energy Deal of the Year 2010”.
Registered on September 8, 2009 at the United Nations as a Clean Development Mechanism (CDM) project eligible for carbon credits.
The first CSP plant to be registered under CDM
The third CDM project in the UAE and the second for Masdar.
CDM project validation and approval was achieved in 14 months, well within the current benchmark of 12-15 months, even with a revision to the existing CDM methodology.