DUBAI, twenty sixth August, 2022 (WAM) — Dubai Electrical energy and Water Authority (DEWA) has organised a digital seminar with 90 main Turkish firms within the power and water sectors.
Saeed Mohammed Al Tayer, MD&CEO of DEWA, gave a speech in the course of the seminar, which was attended by 117 members.
He highlighted DEWA’s key tasks and initiatives, particularly in clear and renewable power.
He additionally talked in regards to the growth of commerce relations between the United Arab Emirates and the Republic of Türkiye.
Al Tayer invited Turkish firms to participate within the twenty fourth Water, Vitality, Know-how and Surroundings Exhibition (WETEX) and Dubai Photo voltaic Present, which DEWA organises from Twenty seventh-Twenty ninth September, 2022 on the Dubai Worldwide Conference and Exhibition Centre.
Al Tayer mentioned that the United Arab Emirates and the Republic of Türkiye have shaped robust ties which have grown stronger below the management of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.
“Our two nations have robust financial ties collectively. The UAE is Türkiye’s first commerce accomplice within the Arab area and it ranks second in direct investments among the many GCC nations. The 2 nations have ratified a Complete Financial Partnership Settlement (CEPA) which is predicted to double the bilateral commerce between us from the present AED50.32 billion (US$13.7 billion).
“In keeping with the imaginative and prescient of our smart management, we’ve a transparent technique and particular targets to extend the share of fresh and renewable power in Dubai’s power combine. In keeping with this course of our authorities, we’ve launched pioneering tasks and initiatives to diversify clear power sources. These embrace completely different clear and renewable power sources and applied sciences resembling photo voltaic photovoltaic techniques, Concentrated Photo voltaic Energy (CSP), inexperienced hydrogen manufacturing utilizing solar energy as a brand new clear power supply of the long run and pumped-storage hydroelectric energy know-how. We are going to proceed to work arduous to realize these bold targets. The Mohammed bin Rashid Al Maktoum Photo voltaic Park is a part of DEWA’s efforts to assist the Dubai Clear Vitality Technique 2050 and the Dubai Web Zero Emissions Technique 2050 to realize 100% manufacturing capability from clear power sources by 2050. Applied by way of our Impartial Energy Producer (IPP) mannequin, the photo voltaic park is the most important single-site photo voltaic park on the planet with a deliberate whole capability of 5,000MW by 2030, with funding of AED50 billion (US$13.6 billion),” added Al Tayer.
“DEWA plans to take a position over AED 40 billion in capital expenditure in 5 years, primarily for the growth of renewable and clear power tasks. At this time, DEWA has a robust world-class infrastructure to satisfy the ever-increasing demand, assist the expansion of a inexperienced financial system and create a aggressive benefit for producing clear power and adopting energy-efficiency applied sciences. Now we have already moved away from the standard engineering, procurement, and building (EPC) mannequin for energy and water manufacturing tasks, to the Impartial Energy and Water Producer (IPWP) mannequin which has confirmed extremely helpful for DEWA. This has decreased our capital expenditure per megawatt of put in capability, attracted investments of round AED 40 billion (US$10.9 billion) into Dubai, and succeeded in establishing a number of world data for the bottom solar energy and desalinated water Levelised Prices, which have turn into a worldwide benchmark,” Al Tayer defined.
“In Dubai, we’re at all times concerned with exploring developments in worldwide know-how to additional broaden our horizons and group up with worldwide companions in power for deploying their modern know-how and enhance our providers. On this regard, I’m satisfied that there’s a lot that firms in Türkiye can supply to the UAE and the area,” concluded Al Tayer.
Dr. Yousef Al Akraf, Government Vice President of Enterprise Help and Human Assets at DEWA, gave a presentation on WETEX and Dubai Photo voltaic Present, which is organised by DEWA.
WETEX is the most important exhibition of its type within the area and one of many largest specialised exhibitions on the planet. It brings collectively outstanding international firms to showcase the newest applied sciences, options, and improvements in power, water, sustainability, inexperienced applied sciences, renewable and clear power, conservation, inexperienced buildings, electrical autos and different very important sectors.
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