Dubai Carbon, ENGIE sign MoU to develop renewable energy

The Dubai Carbon Centre of Excellence, which was established under directives of the Dubai Supreme Council of Energy, and the World Energy Actor, ENGIE, a leading French company in providing energy sustainability solutions, have signed a Memorandum of Understanding, MoU, to seek opportunities to apply solutions for renewable energy and energy efficiency in Dubai and throughout of the region.

The MoU was signed by Ivano Iannelli, CEO of Dubai Carbon, and Sebastien Arbola, CEO of ENGIE Middle East, South and Central Asia and Turkey.

The partnership clears the path for executing joint work in the field of sustainability, the environment, climate change and social responsibility.

Dubai Carbon will work with ENGIE on developing green certificates and the carbon credit market through several projects, most notably a project on international renewable energy certificates. The centre will also work to adopt the "IREC" certificate, which is a tool that mainly relies on the market and is issued when a megawatt hour of electricity is generated from a renewable energy source and then connected to the electricity network.

Iannelli said that the main goal of the partnership is to exchange knowledge, work on leading-energy solutions and build a better sustainable future for Dubai and the UAE. He further stressed the aspiration of the Centre to participate in efforts aimed at building a sustainable future, supporting the Dubai government in becoming a green economy, and establishing smart cities.

He added that the partnership seeks to achieve the supreme goal represented in ensuring sustainable development for the current and upcoming generations in the country. It is in line with the comprehensive renewable energy programmes of the government, aimed at achieving the objectives of the "UAE Vision 2021".

Arbola expressed his happiness in co-operating with the Dubai Carbon Centre of Excellence, which has significant amounts of data and valuable information. Their teams have sufficient experience to successfully execute and develop sustainability models for the emirate of Dubai.

Through the joint co-operation, ENGIE and the Dubai Carbon Centre of Excellence will be able to adopt tried-and-tested technologies in the fields of energy performance, industrial maintenance, data management, and clean and green transportation services, while developing the opportunity to benefit from the international expertise of the company.