Masdar Institute provides 10 scholarships to Armenian students

PanARMENIAN.Net - International Renewable Energy Agency's (IRENA) Masdar Institute for Science & Technology in Abu Dhabi provided 10 scholarships to Armenian students.



Scholarship holders will be provided with monthly scholarship, education privileges and transportation expenses. Institute graduates will have a possibility of working in IRENA and MASDAR, RA Education and Science Ministry's press service reported.





The International Renewable Energy Agency (IRENA) is an intergovernmental organization for promoting the adoption of renewable energy (RE) worldwide. It aims to provide concrete policy advice and facilitate capacity building and technology transfer. IRENA, a project promoted by EUROSOLAR since 1990, was formed on January 26, 2009, by 75 countries signing the charter of IRENA. As of September 2009, IRENA has 137 members states, who all are considered as founding members. The aim is to have the agency fully operational by the end of 2010 with an initial annual budget of US$25 million by 2011.



The Masdar Institute is the centrepiece of the Masdar Initiative, a landmark program announced in April 2006 by the government of Abu Dhabi to establish an entirely new economic sector dedicated to alternative and sustainable energy. Masdar is a highly-strategic initiative with primary objectives of: helping drive the economic diversification of Abu Dhabi; maintaining and expanding Abu Dhabi's position in evolving global energy markets; positioning Abu Dhabi as a developer of technology; and making a meaningful contribution towards sustainable human development.



The Masdar Institute is a private, not-for-profit, independent, research-driven institute developed with the support and cooperation of the Massachusetts Institute of Technology (MIT). The Institute offers Masters and (eventually) PhD programs in science and engineering disciplines, with a focus on advanced energy and sustainable technologies. It welcomes and encourages applications from qualified local and international students and provides fellowships to talented students who meet its high admission standards. Its faculty is of the highest quality and the intent is to have the structure of its top administration similar to MIT's.



This new Institute will establish linkages with the government and industry, both within the region and internationally, in order to move new knowledge to use in the form of innovative technologies and in the education of a wider audience.