19.01.2010 18:39 GMT+04:00

/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.