• Most Popular
  • Most Shared

Reuters Showcase

Tata Motors Results

Tata Motors Results

Tata Motors Q3 net jumps 40.5 pct.  Full Article 

Unitech Results

Unitech Results

Unitech hit by fall in demand for houses.  Full Article 

iPad Trouble

iPad Trouble

Apple may face iPad export ban in China trademark row.  Full Article 

Under Scrutiny

Under Scrutiny

India probes Google, Yahoo for possible forex violation.  Full Article 

No Censorship?

No Censorship?

India will never censor social media - Sibal.  Full Article 

Singapore Airshow

Singapore Airshow

Asia's biggest arms, aerospace event begins under China shadow.  Full Article 

Downgrade Threat

Downgrade Threat

Moody's warns may strip France, UK, Austria's Aaa rating.  Full Article 

India's Reliance Industries KG-D6's facility located in the Indian state of Andhra Pradesh is pictured in this undated handout photo. India's Reliance Industries Ltd resumed crude oil production from its east coast MA-1 field on March 8 following an emergency shutdown in December, Upstream Regulator V.K. Sibal said on March 12, 2009. REUTERS/Reliance Industries/Handout (INDIA ENERGY BUSINESS IMAGE OF THE DAY TOP PICTURE) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS

RIL's Output Woes

Reliance Industries' D6 output may fall to 27 mscmd - source.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Stock recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Green energy agency to locate headquarters in UAE

CAIRO, June 29 | Mon Jun 29, 2009 8:15pm IST

CAIRO, June 29 (Reuters) - Member states of the International Renewable Energy Agency (IRENA) voted to locate their headquarters in the United Arab Emirates, Egypt's state news agency MENA said on Monday.

MENA said the UAE, which defeated Austria and Germany, had seven ministers to lobby for the move at the conference in the Egyptian resort of Sharm El-Sheikh. The meeting was attended by 129 states. It gave no further details.

IRENA, which was founded in January, has 114 members and aims to promote a rapid transition towards the widespread adoption of renewable energy, according to its website.

The UAE said last week it was ready to spend $136 million by 2015 to fund IRENA if its bid to host the headquarters succeeded.

The world's third-largest oil exporter had said it wanted to place itself at the forefront of developments that may shape the future energy industry, and hosting IRENA was part of that plan.

The UAE said it plans to house IRENA in Masdar City, a project underway to build a carbon-neutral town in the desert, and said the IRENA headquarters would be ready by 2011. (Writing by Aziz El-Kaissouni, Editing by Peter Blackburn)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.