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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Top Stories Most Popular Photos Full Coverage Sitemap UAE renewable energy city launch date pushed back AFP - 2 hours 38 minutes ago Send IM Story Print UAE renewable energy city launch date pushed back DUBAI (AFP) - – The completion date for Abu Dhabi's Masdar City, set to be the first in the world powered solely by renewable energy, has been pushed back until between 2020 and 2025, Masdar has said. Phase one of the renewable energy enclave, including the headquarters of the International Renewable Energy Agency and the Masdar Institute of Science and Technology campus, is now slated for completion in 2015, a statement said. The renewable energy company Masdar -- "source" in Arabic -- had previously said the city, which was begun in early 2008, was "due to be completed by 2016." "We're building (on) take-up of our tenants, and... based on what's happened in the market, the acquisition of tenants has slowed down a little," Masdar City director Alan Frost told AFP when asked about the delay. He also said that building over a longer period allows new technologies to be tested and incorporated. Frost said the estimated cost of Masdar City was now 10 to 15 percent lower than previously, putting it between 18.7 and 19.8 billion dollars, instead of 22 billion dollars. He said that driverless electric "Personal Rapid Transit" vehicles are now being tested, and will transport people from a parking area to Masdar Institute when testing is complete later this month or in early to mid November. The company is looking into electric buses and possibly electric taxis for transport in later phases of the city's development, Frost added. Masdar City will still run on renewable energy, but not all of this power will be generated on site, the statement said. The city "will no longer rely solely on on-site clean energy sources. Instead, the purchase of renewable energy from off-site locations may also be utilised as energy demands increase over the project's lifetime," it said. Recommend Send IM Story Print News Search Top Stories Too much TV psychologically harms kids: study Jaundice newborns prone to develop autism: study UAE renewable energy city launch date pushed back After long ordeal, Chile miners prepare to leave I'm no saint, Mandela says in excerpt from new book More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Solomon Burke dies: Netherlands airport Mandela letters show jail heartbreak: report Win for husband and wife, Games in race row British lottery winner gets record 129 mln euros No US government takeover of economy:Geithner More Most Viewed » US state executes first woman in nearly 100 years Workers swarm Europe's streets in anti-cuts protests Global marine life census charts vast world beneath the seas More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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