By JAD MOUAWAD
While sovereign wealth funds are bailing out Western banks, oil-rich Gulf nations are looking to prop up renewable energy projects in Britain.
The Abu Dhabi Future Energy Company, a renewable energy initiative of the United Arab Emirates also known as Masdar, said on Thursdaythat it was forming a joint venture with GermanysE.ON to invest in alternative energy projects.
As a first step, Masdar bought 40 percent of E.ONs stake in London Array, the large offshore wind project in the Thames estuary that Royal Dutch Shell unexpectedly abandoned last May.
The $4.75 billion project quickly became known as Londons disarray after Shell pulled out, but Masdars investment could now ensure the project goes forward as planned.
London Array is planned to have 341 turbines with an installed capacity of over 1 gigawatt and it will generate enough electricity to power a quarter of Londons homes. Located about 20 miles off the coast of Essex, in the middle of the Thames estuary, it will be the worlds largest offshore wind project.
As a result, Masdar will own 20 percent of the project, and E.ON will own 30 percent. Dong Energy A/S of Denmark owns the other 50 percent of London Array.
When in service, the wind project should account for 1 percent of the Britains electricity, or one-tenth of the governments goal to provide 10 percent of the nations electricity from renewable sources within the next decade.
For Prime Minister Gordon Brown, Masdars investment is a welcome lifeline for the project. The links to Abu Dhabi, the second-largest oil producer in the Persian Gulf, were not lost on him either.
I very much welcome Masdars decision to invest in renewable energy in the U.K., the prime minister said in a statement. This is an excellent example of the partnership we need between oil-producing and oil-consuming countries to develop new energy sources and technologies, diversifying their economies and reducing our dependence on carbon.
Dr. Sultan al Jaber, the chief executive of Masdar, said that the offshore wind market will be a major force in the future and this is a very opportune time for us to enter this developing segment of the renewable energy market.
Masdar and E.ON, Germanys biggest utility, said they planned to work on a variety of projects across the broad spectrum of renewable energy. The chief executive of E.ON, Dr. Wulf Bernotat, said his company planned to invest 6 billion euros, or roughly $10 billion, by 2010 to help move renewable energy projects from boutique to an industrial scale.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
