Dec 14, 2010 (PRN): Reed Exhibitions, the world's leading events organiser, has announced its partnership with Bloomberg New Energy Finance, the world's leading independent provider of news, data, research and analysis to decision-makers in the clean energy industry, to launch the inaugural Project Village at the World Future Energy Summit (WFES) 2011, which will take place at ADNEC from 17-20 January 2011. It is estimated that more than $4bn of projects will be presented to potential investors in the Project Village.

Located at the heart of the WFES 2011 Exhibition, the Project Village will provide a dedicated platform for project developers from large multinational companies, rapid growth companies and start ups, to share their latest innovations, and discuss inspirational research and development projects with world leading technology and finance solution providers in this rapidly growing market. Developers will enjoy dedicated booths to showcase their projects and a theatre room to conduct full business presentations ensuring maximum exposure of budding projects during the exhibition.

Commenting on today's announcement, Frederic Theux, President of Reed Exhibitions, said, "WFES brings together policy creators and business decision makers to help find solutions to the world's energy challenges and the introduction of the Project Village is a key element to achieve this goal. For the first time at WFES, innovative clean energy project developers will have a dedicated platform to engage with the world's leading technology and financing solutions providers, driving growth in this market."

Latest figures from Bloomberg New Energy Finance suggest that increased domestic demand for energy, and in particular electricity, will drive future regional investment in clean energy projects in the GCC. Bloomberg New Energy Finance forecasts that electricity demand in the Gulf Cooperation Council could increase by 6 per cent a year to 2020, which is significantly higher than the global average of 4 per cent or the European average of 2 per cent . Bloomberg New Energy Finance and WFES hope that bringing project developers and investors together at the Project Village will help investment in clean energy projects in order to satisfy this demand.

Michael Liebreich, Chief Executive of Bloomberg New Energy Finance, added, "Our outlook for the MENA region is extremely positive. It has tremendous renewable energy resources, depth of knowledge in energy and finance. Masdar's role in the region has been pivotal over the past few years, and projects such as Shams 1 in the UAE are continuing to set the pace. The World Future Energy Summit has become one of the key annual dates in the clean energy calendar; it will drive considerable activity in the region and worldwide. At Bloomberg New Energy Finance we are delighted to be supporting

the Summit through our involvement in the Project Village."

Held under the patronage of H.H. Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and hosted by Masdar, the Abu Dhabi based Mubadala company focused on developing commercially scalable sustainable energy solutions, the World Future Energy Summit is a unique business platform aiding the global development and commercialisation of renewable energy solutions.

The Project Village will be located on the exhibition floor of WFES to ensure the flow of visitors. The area consists of dedicated booths for project developers to show case their ambitious renewable energy projects and it includes a theatre style seminar room where the project village participates can conduct a 20-30 minute presentation in front of an interested audience. The project village will also be an ideal platform for one to one meetings between the project developers, the technology vendors, investors and financers. WFES organisers will implement an online appointment system for developers to book individual meetings with participating exhibitors ahead of the summit. Developers will be able to search for potential partners by name or business field and book an appointment instantly.

For further information on the Project Village: http://www.worldfutureenergysummit.com/en/project-village.aspx

About World Future Energy Summit

World Future Energy Summit "WFES" was inaugurated in January 2008. It has evolved as the world's foremost and must-attend annual meeting for the renewable energy and environment industry. In 2010 WFES uniquely brought together over 24,760 attendees from 148 countries including world leaders, international policy makers, industry leaders, investors, experts, academia, intellectuals and journalists to find practical and sustainable solutions for today's energy security and climate change challenges.

WFES promotes innovation and investment opportunities surrounding renewable energy and environment. It represents an unrivalled business platform bringing together project owners and solution providers with investors and buyers from both the public and private sectors. For more information visit: http://www.worldfutureenergysummit.com

About Reed Exhibitions

Reed Exhibitions is the world's leading events organiser, with over 470 events in 37 countries. In 2008 Reed brought together over seven million industry professionals from around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East and Asia Pacific, and organised by 38 fully staffed offices.

Reed organises a wide range of events, including exhibitions, conferences, congresses and meetings. Its portfolio of over 470 events serves 44 industry sectors, including: Aerospace & aviation, automobiles, broadcasting, building & construction, electronics, energy, oil & gas, engineering, manufacturing, environment, food service & hospitality, gifts, healthcare, interior design, IT & telecoms, jewellery, life science & pharmaceuticals, machinery, medical education, printing & graphics, property & real estate, security & safety, sports & recreation, travel.

Working closely with professional bodies, trade associations and government departments Reed ensures that each and every event is targeted and relevant to industry needs. As a result, many Reed events are market leaders in their field.

Reed Exhibitions is part of Reed Elsevier Group plc, a FTSE-100 company and world-leading publisher and information provider. In 2007, Reed Elsevier made an adjusted profit before taxation of £998 million on turnover of £4,584 million.

About Masdar

Masdar is Abu Dhabi's multi-faceted initiative advancing the development, commercialisation and deployment of renewable and alternative energy technologies and solutions. The company serves as a link between today's fossil fuel economy and the energy economy of the future - developing the "greenprint" for how we will live and work tomorrow. Backed by the stability and reputation of the Mubadala Development Company, an investment vehicle of the government of Abu Dhabi, Masdar is dedicated to the emirate's long-term vision for the future of energy.

About Bloomberg New Energy Finance

Bloomberg New Energy Finance is the world's leading independent provider of news, data, research and analysis to decision-makers in renewable energy, energy smart technologies, carbon markets, carbon capture and storage, and nuclear power. BLOOMBERG NEW ENERGY FINANCE has staff of more than 180 , based in London, Washington D.C., New York, San Francisco, Tokyo, Hong Kong, Beijing, New Delhi, Cape Town, São Paulo, Singapore, and Sydney.

BLOOMBERG NEW ENERGY FINANCE Insight Services provide deep market analysis to investors in wind, solar, bioenergy, geothermal, carbon capture and storage, energy efficiency, and nuclear power. The group offers Insight Services for each of the major emerging carbon markets: European, Global Kyoto, Australia, and the US, where it covers the planned regional markets as well as potential federal initiatives and the voluntary carbon market. Bloomberg New Energy Finance's Industry Intelligence Service provides access to the world's most comprehensive database of investors and investments in clean energy and carbon. The News and Briefing Service is the leading global news service focusing on clean energy investment. The group also undertakes applied research on behalf of clients and runs senior-level networking events.

New Energy Finance Limited was acquired by Bloomberg L.P. in December 2009, and its services and products are now owned and distributed by Bloomberg Finance L.P., except that Bloomberg L.P. and its subsidiaries (BLP) distribute these products in Argentina, Bermuda, China, India, Japan, and Korea. For more information on Bloomberg New Energy Finance: http://www.bnef.com. [Wired by: PressReleaseNetwork.com]

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