Massader facts for kids
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| Industry | Energy Sector |
|---|---|
| Headquarters | , |
| Owner | Palestine Investment Fund |
Massader of Palestine is the arm of the Palestinian Investment Fund for Development of Natural Resources and Infrastructure Projects. The company plays an important role in developing large-scale strategic projects that aim to develop and use Palestinian natural resources (hydrocarbon resources and renewable resources) and provide various sources of national energy sources, in addition to developing the basic infrastructure for the electricity sector, all with the aim of establishing a firm foundation for an independent Palestinian state.
The company aims to develop the natural resources of Palestinian oil and gas, develop productive infrastructure for the electricity and water sectors, contribute to achieving economic independence in the energy and water sectors, reduce the level of dependence on imported supplies, contribute to enabling the development of heavy industries such as cement and steel.
The Middle East Solar Energy Industries Association Award
Massader has won the award for the best solar energy project, from Middle East Solar Industry Association, for the project of installing photovoltaic panels on the roofs of 500 schools and universities throughout Palestine, for a total of 35 megawatts of solar energy.
