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UAE says to invest $35 bln in clean energy by 2021

The gas-rich United Arab Emirates will invest $35 billion in clean energy by 2021 as it seeks to reduce its dependence on fossil fuels following crude’s global price slide, it said Sunday. “By 2021, our investments in nuclear and solar projects will reach $35 billion (31 billion euros),” Energy Minister Suhail al-Mazrouei said at an energy conference in Abu Dhabi. An international consortium led by Korea Electric Power Corp won