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Exhibitors, Visitors, and Participants Commend Diversity of 19th WETEX and 2nd Dubai Solar Show

October 31, 2017 UAE Business 0

The Water, Energy, Technology, and Environment Exhibition (WETEX) has become an annual event that is much awaited by international organisations and companies specialising in energy, water, and environment, to show their technologies and products and identify investment opportunities in these key areas. The exhibition offers a unique opportunity for investors to establish and develop commercial relations and promote business opportunities by holding one-on-one meetings with major corporations and decision makers from the region and the world. Read more

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TAITRA Introduces Smart Energy – Efficiency Solutions Providers to the Middle East

October 5, 2017 UAE Business 0

Taiwan External Trade Development Council (TAITRA) has always been instrumental in promoting foreign trade. In its mission for a greener future, TAITRA, recently held aSmart Energy Seminar in the city, where Mr.  Suo-Hang Chuang, Vice Chairman, TAITRA, led a delegation of 4 established Taiwanese Suppliers to the UAE who have made considerable progress in the field of energy efficient solutions, giving UAE domestic companies an opportunity to discuss trade and investment cooperation with their Taiwanese Counterparts. At the same time, the seminar also helped the Taiwanese firms get the exposure they need to take their Smart Energy Products internationally. Read more

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Intersolar Middle East: Global PV Markets – Are The GCC Ready to Join the Global Solar Market Leaders?

September 24, 2017 UAE Business 0

The global PV demand is still dominated by China. EnergyTrend estimates its cumulative installed solar capacity to hit 125 GW by the end of 2017. China, the U.S., India and Japan represent 75% of the world’s entire solar installation capacity for the year 2017. The total global installed PV capacity will exceed 400 GW in 2018, nearly 1 TW total installed solar power is possible by 2021. India alone plans to reach 100 GW of PV by 2022. Read more

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DEWA awards AED14.2 billion largest CSP project in the world with a record bid of USD 7.3 cents per kW/h to generate 700MW

September 17, 2017 UAE Business 0

Dubai Electricity and Water Authority (DEWA) has achieved another world record by awarding the 700MW AED14.2 billion fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. This is the largest single-site Concentrated Solar Power (CSP) project in the world, based on the Independent Power Producer (IPP) model.  The contract is awarded to a consortium comprising Saudi Arabia’s ACWA Power and China’s Shanghai Electric. Read more

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US$ 90 billion will be invested in KSA’s energy sector

July 28, 2017 UAE Business 0

Saudi Arabia is planning a national program to optimise water and energy consumption, and intends to reduce subsidies for fuel, power and water. Major restructuring of the kingdom’s energy and water sectors will take place as part of the Saudi vision 2030. Read more

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Kuwait And Oman Join Saudi Arabia And Russia In The Quest To Extend Oil Supply Cuts.

May 16, 2017 UAE Business 0

Growing news across oil exporting countries have been unpleasant. This Monday, Russia and Saudi Arabia announced that they request a nine month OPEC output cut extension. Following that Kuwait and Oman has joined Russia and Saudi Arabia – the two largest producers among the 24 producers who earlier agreed to cut output in 2018 for an extension. Read more

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SSAB EcoUpgraded Steel reduces CO2 emissions for Transport Vehicles and Construction Machinery

May 1, 2017 UAE Business 0

A global sustainability initiative from global steel manufacturer, SSAB, is helping customers reap the environmental rewards of using high-strength steel. SSAB EcoUpgraded is highlighting the benefits of upgrading to high-strength steel, which include reduced weight, improved fuel economy and extended product lifetime. Read more

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The Wealthy Philanthropist Dr Alvaro Sobrinho Sees Clean Energy As the Key to Africa’s Economic Growth

April 13, 2017 UAE Business 0

Dr Álvaro Sobrinho is a successful Angolan banker and philanthropist who has made it a personal mission of sorts to see to it that Africa’s strongest economies become even stronger still. To be specific, Dr Álvaro Sobrinho focuses on investing in scientific initiatives, technology, and higher education. Read more

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HH Sheikh Mohammed bin Rashid Al Maktoum Inaugurates 200MW Second Phase of the Mohammed bin Rashid Al Maktoum Solar Park

April 2, 2017 UAE Business 0

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has inaugurated the 200 megawatt (MW) second phase of the Mohammed bin Rashid Al Maktoum Solar Park. The project reflects a new era in the excellence and leadership of the UAE, as it increases the share of clean and renewable energy. The inauguration coincided with the International Day of Happiness. Read more