DEWA, German companies discusses clean energy

Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority, DEWA, has received a German delegation, headed by Rainer Baake, State Secretary at the Federal Ministry for Economic Affairs and Energy, at DEWA’s stand during its participation at the World Future Energy Summit, WFES, in Abu Dhabi.

The meeting supports DEWA’s commitment to enhance cooperation and joint work, and exchange expertise and best practices with international organisations.

During the meeting, Al Tayer commended the strong ties between the UAE and Germany in many areas, and highlighted the efforts of the UAE and Dubai in diversifying energy sources, and DEWA’s projects that support the Dubai Clean Energy Strategy 2050, to diversify the energy mix so clean energy will generate 75% of Dubai’s total power output by 2050. He also underlined the attractive environment that Dubai provides for international companies investing in solar projects.

The parties also discussed their efforts in renewable energy and innovation.

Al Tayer talked about the progress achieved in DEWA’s projects and the global competitive prices it received for the Independent Power Producer, IPP, solar projects in the Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site solar park in the world based on the IPP model. The solar park has a planned capacity of 5,000 megawatts by 2030, with total investments of AED50 billion. When completed, it will save approximately 6.5 million tonnes of carbon emissions annually.

The German delegation commended DEWA’s efforts and projects to increase the share of renewable and clean energy in Dubai’s energy mix. They also expressed interest in participating in DEWA’s projects, especially the Mohammed bin Rashid Al Maktoum Solar Park.

The meeting was attended by a number of senior officials.