The UAE is investing billions of dollars in clean energy as it looks to lead global energy transition
Dubai Clean Energy Strategy 2050
Latest in Dubai Clean Energy Strategy 2050
clean energy
Dubai hydroelectric plant will open in 2025
Sheikh Hamdan visits $387m Dubai hydroelectric plant
Climate
UAE will create 200,000 new jobs with Net Zero 2050 strategy
UAE sill stimulate economy, create 200,000 new jobs and achieve climate neutrality with Net Zero 2050 strategy
clean energy
The private sector needs to get on board for the Middle East to hit net zero climate goals
Embracing sustainability is not just a moral imperative but essential for protecting livelihoods, biodiversity and ensuring long-term regional growth and prosperity
Barakah Nuclear Energy Plant
UAE launches $43bn of clean energy projects
The UAE is investing heavily in environmentally friendly energy projects
clean energy
Dubai Chamber of Commerce launches solar, renewable energy business group
Business groups play a crucial role in recommending policy changes to improve a sector’s competitiveness and attractiveness, while promoting international best practices and supporting economic growth
clean energy
Dubai clean energy is now 14% of total power output
Dubai increases solar power output as it looks to clean energy goals
carbon emissions
DEWA surpasses 2021 carbon emission target by 31.25 percent
The ninth edition of the company’s Sustainability Report has been published and highlights its impressive efforts and achievements
clean energy
DEWA’s Mohammed bin Rashid Al Maktoum Solar Park appoints EY as new consultants
Upon the completion of the 6th phase, the solar park’s production capacity is to reach 3,760 MW
clean energy
Al Maktoum Solar Park adds another 300MW to Dubai’s clean energy production
Fifth phase of Mohammed bin Rashid Al Maktoum Solar Park gets to two-third capacity at 600MW total; DEWA says it has asked for EoI for the sixth Phase
clean energy
DEWA projects under IPP model attracts $10.9 billion
The projects envisage a combined generation capacity exceeding 4,000 MWs
DEWA
Dubai to raise clean energy usage to 14 percent by end of year
This supports the Dubai Clean Energy Strategy 2050 to provide 100 percent of the emirate’s total power capacity from clean energy sources
DEWA
DEWA shares soar in DFM trading debut as EFG Hermes completes advisory role on $6.1 billion IPO
DEWA’s shares began trading on April 12 under the ticker DEWA UH EQUITY. The stock is trading at 2.89 dirhams after an offer price of 2.48 dirhams, which was the top end of the marketed range
carbon emissions
How much electricity did Dubai save during Earth Hour 2022?
Dubai recorded the highest ever savings in terms of electricity consumption since 2008, when the Earth Hour initiative was first observed in the emirate
clean energy
Dubai’s DEWA floats 6.5 percent stake in IPO, totalling 3.25bn shares, marking a “turning point” in Dubai’s capital market
DEWA intends to pay dividends twice each fiscal year – in April and October of each year – after the offering. It expects to pay a minimum dividend amount of AED 6.2 billion per annum, over the next five years, from October 2022 to April 2027.
DEWA
Key Dubai power plant set to double capacity as energy demand grows
Dubai Electricity and Water Authority says Hassyan Power Complex will double production capacity by end-2023
Cafu
How HYPR aims to start a new era in on-demand clean energy in the UAE
New joint venture is formed by CAFU, SirajPower and climate impact investor Creek