Solar Power will feature significantly at the World Future Energy Summit

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  • Advanced solar technologies, materials and costs to form part of discussions at the Summit
  • Solar power could fulfil the annual output from 150 coal-fired power plants by 2025, a report by the European Photovoltaic Industry Association and Greenpeace predicts

Abu Dhabi, January 14, 2010 – Solar Power will feature significantly at the World Future Energy Summit that will begin next week on Monday January 18th, according to organisers.

More than 160 of the world’s largest Solar power companies to exhibit, including ABB, Suntech, GE Energy, Schneider Electric, Siemens, Brisban Solar, Azur Solar, SolarOne, Canadian Solar, Oerlikon Solar, BP Alternative Energy, Acciona, Yingli Green Energy, Solaria and Terna Energy.

Many of these solar companies will be located at the numerous country pavilions that will be present at the Summit, including the French, German, U.S. and Chinese pavilions and the U.K., South Korean, Swiss, Spanish, Greek, Danish, Dutch, Australian, Norwegian and Japanese pavilions among others.

Summit discussions will also cover solar energy in depth, and there will be a dedicated session on advanced solar technologies, materials and costs, which will feature speakers including Eicke Weber, Director of the Fraunhofer Institute for Solar Energy Systems, Katrina Landis, Group Vice President of BP Alternative Energy, Shi Zhengrong, founder and CEO of Suntech Power

Global growth in the photovoltaics (PV) market is forecast to reach 46% in 2010, according to a report recently published by Bank Sarasin, under the title “Solar industry 2009: the first green shoots of recovery”.

A 2006 report by the European Photovoltaic Industry Association and Greenpeace1 revealed that solar energy could generate 2.5 percent of the world’s electricity by 2025. This means that enough solar power would be produced globally to satisfy the electricity needs of 20% of the entire EU-25. Put another way, this would represent the annual output from 150 coal-fired power plants. The report further went on to say that this could rise to 16 percent in 2040.

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About WFES:

The 3rd edition of the World Future Energy Summit will be held from 18-21 January 2010, hosted by MASDAR, at the Abu Dhabi National Exhibition Centre under the patronage of HH General Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces

World Leaders, Policy Makers, Experts and Investors from 100 countries will meet in Abu Dhabi to identify real solutions for today’s climate change and energy challenges. Over 600 exhibitors from 50 countries will be exhibiting at the World Future Energy and Environment Exhibitions on a total space of 40,000sqm offering an unrivalled business and networking opportunities to over 20,000 attendees expected to visit the summit and the exhibition.

Deutsche Bank Climate Change Advisors is the principal sponsor of WFES 2010. Emirates Aluminium is Associate Sponsor, and additional Sponsors include BP Alternative Energy, Standard Chartered, Siemens, Schneider Electric, ExxonMobil, ABB, Abu Dhabi Water and Electricity Authority, Oxy, the Abu Dhabi Department of Municipality Affairs and Terna.

For more information on the programme or to register, visit www.worldfutureenergysummit.com

About DBCCA:

DB Climate Change Advisors group (DBCCA) is the institutional and alternatives investment management business of Deutsche Asset Management, managing assets of institutional investors and high net worth individuals. DeAM is one of the leading climate change investors in the world, with approximately $4 billion under management as of March 2009. With a world-class in-house research team focusing on this theme, DeAM is an investment industry thought-leader on a broad range of climate change dynamics.

In June 2009, DBCCA launched the world’s first scientifically valid, real-time carbon counter, a nearly 70-foot-tall digital billboard displaying the running total of long-lived greenhouse gases in the atmosphere in New York. The Carbon Counter Number is available 24 hours a day at http://www.know-the-number.com and updates are available at ttp://twitter.com/knowthenumber

For more information:

James Hawksworth

Sr. Account Director

Asda’a – Burson Marsteller

Tel. +971 2 6334133

Fax +971 2 6334137

Email: j.hawksworth@asdaa.com

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