Saeed Mohammed Al Tayer, MD &CEO of Dubai Electricity & Water Authority (DEWA) discussed strengthening cooperation and deepening bilateral exchanges in the energy and infrastructure sectors with Liu Zhengjie, Vice Consul-General. The meeting was held at the Consulate General of the People’s Republic of China in Dubai, as part of the diplomatic and consular visits made to Dewa. Al Tayer was hopeful about the strategic partnership between DEWA and the Chinese companies in the energy energy generation, transmission, and distribution and water sectors amongst other sectors. He said that DEWA’s state-of-the-art infrastructure helps achieve the objectives for citizens and residents…
Author: Saur News Bureau
The UAE will grow its renewable energy portfolio four times from the existing 25,000 megawatts to over 100 gigawatts by 2030. UAE aims to achieve this with the help of Masdar. This was dislcosed by Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate while speaking at the Berlin Energy Transition Dialogue Conference 2023 (BETD). He also invited other international firms to work with the UAE to deliver commercial renewable energy projects across the world. He informed that UAE has built three of the largest and lowest-cost, single-site solar plants in the world. The…
In an attempt to decarbonise the oil and gas companies and the industrial clusters in the country, Oman’s OQ Group is now all set to give these sectors their hand-holding support by supplying clean energy. The wholly state-owned OQ Group (part of Oman Investment Authority (OIA) is working closely with the Ministry of Energy and Minerals to create a pathway for decarbonisation. The Group, in its newly published Annual Report 2022, said, “OQ has been working closely with the Ministry of Energy and Minerals (MoEM) to charter a clear pathway for decarbonisation and carbon neutrality in the country, with MoEM…
NOVONIX Limited, a leading battery materials and technology company, has agreed to establish an incorporated joint venture with TAQAT to develop and produce anode materials for electric vehicle and energy storage system batteries in the Middle East and North Africa (MENA) region. The joint venture is intended to utilize the leading battery technology and capability of NOVONIX to develop a graphite anode materials facility with capacity of 30,000 tonnes per annum. NOVONIX said that the project is to be located in Saudi Arabia and is expected to secure ready access to precursor material as feedstock for critical battery materials and…
Oman and Germany are looking to explore constructive cooperation in renewable projects in Oman. This was discussed during Oman’s Foreign Minister Sayyid Badr Albusaidi visit to Germany to attend 9th Berlin Energy Transition Dialogue 2023. The minister met Annalena Baerbock, Foreign Minister of the Federal Republic of Germany,and discussed the present relations of friendship and future constructive cooperation between the Sultanate and the Federal Republic. The meeting focused on the major projects that the two nations can develop together specifically in the fields of renewable energy, green hydrogen, and its promising derivatives and technologies. There were discussions on ways to…
Setting a new standard for sustainable finance in Qatar, Standard Chartered Bank and global technology major Siemens Energy have joined hands to issue the first green guarantee for a solar power project in Qatar. The project will be playing a major role in the country’s national climate change action plan that will also help reduce its carbon footprint and boost energy independence. This initiative is expected to increase sustainable and responsible banking practices in Qatar and helping to redefine the standard for the industry. Commenting on this,Daniela Schoeppner, Vice President Finance Hub Middle East at Siemens Energy said, “The road…
To consolidate a green economy in the UAE, DEWA (Dubai Electrcity & Water Authoritiy) has joined hands with Dubai Airports to enhance cooperation. Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) and Paul Griffiths, CEO of Dubai Airports, exchanged views to achieve common goals and support government directions. The meeting also focused on the latest developments in the project undertaken by Etihad Energy Services Company (Etihad ESCO), a wholly-owned subsidiary of DEWA. The project aims to install buildings at Dubai Airports to optimise energy efficiency. Commenting on the cooperation, Al Tayer said, “In line…
The Saudi government has planned green initiatives on increasing Saudi Arabia’s reliance on clean energy, offsetting emissions, and protecting the environment in order to achieve the vision 2030. The government’s significant steps taken towards the development of renewable energy projects, include– the establishment of the Saudi Renewable Energy Project Development Office to oversee the development of renewable energy projects and the launch of the Solar Energy Plan, aiming to install 27.5 GW of solar capacity by 2030. Besides this, in a step towards cutting down carbon emissions, Saudi plans to launch the greenhouse gas certificates market in 2023. Looking a…
To achieve sustainability and contribute to consolidate Dubai’s leading position and build innovative and environmentally friendly communities, Dubai Free Zones Council (DFZC) meeting, headed by Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Council, explored the Dubai Economic Agenda (D33), aiming to position Dubai among the top three global cities and double the size of its economy in the next decade. Several initiatives were discussed to achieve the goal of D33 and mapped out the plan of action in light of the UAE’s preparations to host the Conference of the Parties to the UN Framework Convention on Climate Change…
To promote green and sustainable financing and promoting investments Dubai’s renewable and clean energy projects, Dubai Electricity and Water Authority (DEWA), discussed ways of cooperation with six international firms. The discussion was held between with the investment organisations viz. William Blair, Millennium Capital, Gemway, Eastspring, Jennison and JP Morgan and DEWA officials, to discuss green and sustainable financing and involvement in DEWA’s renewable and clean energy projects. Commenting on the meeting, Saeed Mohammed Al Tayer, MD and CEO Al Tayer stressed on the position of Dubai in its global leadership and as the ideal destination for tourists and visitors and…