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Qatar Solar Technologies wins The New Economy Magazine’s Clean Tech & New Energy Award
12 December, 2011By: Ahmed Alhaj (Site Admin)
Khartoum, Sudan (sudanow.info.sd) - December 12, 2011: Qatar Solar Technologies today announced that it had won The New Economy Magazine’s Clean Tech & New Energy Award for Best Joint Venture, Africa/ Middle East, Qatar Solar Technologies said in a press release received by sudanow.info.sd on Monday.
The release said the New Economy Magazine’s Clean Tech & New Energy Awards, which were presented to the winners at the London Stock Exchange, were established to recognize companies that are set to guide the world’s renewable energy future through innovation, vision and leadership.
QSTec, formed in March 2010, is a joint venture between Qatar Foundation’s solar investment arm Qatar Solar, SolarWorld AG and the Qatar Development Bank. QSTec is currently building an 8,000 metric ton per annum polysilicon plant in Qatar worth US$1bn with a vision to become an integrated solar energy company.
“Together with our joint venture partners we have formed QSTec to develop a solar industry for Qatar and build an organization whose solar products, services and technologies are known throughout the world for their quality,” said Dr Khalid Klefeekh Al Hajri, Board Member and CEO of Qatar Solar Technologies, the release issued in London, said.
It added that “As individual companies, our joint venture partners are known as leaders in their fields and when visionary leaders come together with access to unrivalled resources we can achieve great things. Qatar Solar Technologies is honoured to be recognised with this award as the Middle East and Africa’s leading solar industry joint venture company and we look forward to a bright future.”
The release said the winners of the Clean Tech and New Energy Awards 2011 were selected by The New Economy Magazine’s panel of industry experts and readers from a record number of global nominations.
"With its vision, commitment to excellence and solid market experience coupled with a strong financial backing, it is evident that QSTec is ideally positioned to become one of the most significant renewable energy players globally, as well as positioning Qatar as the most innovative technological and sustainable hub within the Middle-East," Jan Spiegel, Editor of The New Economy, was quoted by the release as stressing.
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