Tariq Ali quit as head of research at Masdar Institute of Science and Technology after a year in the post, said two people familiar with the matter, the latest departure from Abu Dhabi’s flagship renewable energy project.
Masdar shelved plans for the world’s first building that makes more energy than it consumes, a year after the financial crisis forced the Abu Dhabi company to step back from setting up the first carbon-neutral city.
Elon Musk dreams of building a pod that zips through a steel tube at a blazing speed of 760 miles per hour. But if you just can’t wait seven to 10 years to ride in an egg-shaped capsule, several cities around the world already have pod-transportation systems up and running.
Masdar, Abu Dhabi’s government- backed renewable energy company, is on track to develop a clean- energy city on time and intends to maintain its current level of spending, its chief executive officer said.
Saudi Arabia will spend $43 billion on its poorer citizens and religious institutions. Kuwaitis are getting free food for a year. Civil servants in Algeria received a 34 percent pay rise. Desert cities in the United Arab Emirates may soon enjoy uninterrupted electricity.
Masdar, the Abu Dhabi government- backed renewable-energy company, plans to announce its revised master plan “imminently,” the head of supply-chain management at the zero-carbon Masdar City project said.