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Zayed Future Energy Prize Recognizes Dipal C. Barua
Date:1/19/2009

y Prize aims to recognize -- pioneering, ambitious ideas that provide us with a more sustainable future," Dr. Sultan Al Jaber, Director General of the Prize and Chief Executive of Masdar.

"This prize encourages us to be bold, to innovate, to strive and to act. A quality that we inherited from our father, the late HH Sheikh Zayed who taught us to make a meaningful and sustainable impact on the world we live in," added Al Jaber in the ceremony's opening.

Submissions were received from more than 50 countries from every region of the world, including the United Kingdom, United States, Australia, China, Bangladesh, Germany, Brazil, Russia, Canada and Spain. The pool of 204 total submissions was reduced to twenty by a selection committee of senior technical, commercial and energy policy experts.

The jury members -- Olafur Ragnar Grimsson, President of the Republic of Iceland; Khaled Irani, Minister of Environment of The Hashemite Kingdom of Jordan; H.E. Ahmed Ali Sayegh, Chairman of Masdar; Lord Browne, Managing Director of Riverstone Holdings; Lord Norman Foster, Chairman of Foster+Partners; and Jeremy Rifkin, President of the Foundation on New Economic Trends -- selected the final two winners.

About Masdar

The Masdar Initiative is Abu Dhabi's multi-faceted future energy initiative advancing the development, commercialization and deployment of renewable and alternative energy technologies and solutions. Masdar is driven by the Abu Dhabi Future Energy Company (ADFEC), and is wholly owned by the Mubadala Development Company. For more information about the Masdar Initiative, please visit www.masdaruae.com.

About Zayed Future Energy Prize

The Zayed Future Energy Prize was created in honour of the legacy of the late Ruler of Abu Dhabi and Founding Father of the United Arab Emirates, HH Sheikh Zay
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SOURCE Masdar
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