UAE and U.S. to spur $100 bln in clean energy projects: WAM

The United Arab Emirates and the United States have signed a partnership to spur $100 billion of investments in clean energy projects and add 100 gigawatts of clean energy globally by 2035, state news agency WAM reported on Tuesday.

“Together, we will spur large-scale investment in new energy technologies, in our own countries, around the world and in emerging economies,” U.S. energy envoy Amos Hochstein said a statement carried on WAM.

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