UAE a major player in investment for the global power renewables industry

Global investment in new capacity for renewable energy is to reach $2.6 trillion by the end of this decade, more than triple the amount of the previous decade.

The UAE is additionally a serious driver in promoting renewable energy resources. Dubai Clean Energy Strategy (DCES) 2050 sets targets for 7 percent of clean energy in the generation mix by 2020, 25 percent by 2030 and 75 percent by 2050, while Demand Side Management Strategy 2030 aims to reduce energy and water demand by 30 percent by 2030.

Dewa is keen to market all forms of green energy as a clean alternative to conventional energy, in line with the 17 Sustainable Development Goals of the United Nations 2030 Agenda. Renewables such as solar, wind, and water power are square measure key to achieving property economic, social and environmental development. The World Energy Congress will boast the UAE’s economy and will raise Abu Dhabi’s profile as an important place for business and a destination for tourism.

The World Energy Congress offers a novel platform for world energy leaders to explore new energy futures, crucial innovation areas, and new ways,

The UAE has printed bold plans in remodeling the energy sector as well as 2 of the most important star generation comes within the world and that we square measure proud that Abu Dhabi is that the 1st town within the geographic area to stage this prestigious event.

Abu Dhabi is all set to host 24th World Energy Congress, the first time it will be held in the Middle East. It’s set to welcome quite 66 ministers, over 15,000 guests, and quite three hundred speakers. The department’s leading objective at the event is to showcase its energy potency initiatives and highlight the investment opportunities the arena presents to native and international investors.