HE Saeed Mohammed Al Tayer Discusses Future Cooperation Opportunities with Tesla Founder and CEO During the World Government Summit 2017
HE Saeed Mohammed Al Tayer, MD & Chief Executive Officer of Dubai Electricity and Water Authority (DEWA) gone over future cooperation opportunities with Elon Musk, Founder and Chief Executive Officer of Tesla, the American company specialised in electric vehicles and power storage space. The meeting was hung on the sidelines of the 2nd day of the World Government Summit 2017. Also present were Waleed Salman, Executive Vice President of Strategy & Business Development and Marwan Bin Haidar, Executive Vice President of Innovation and the Future at DEWA.
Al Tayer discussed methods to enhance collaboration and exchange experiences with Tesla in sustainable and tidy energy, environmental sustainability and innovation. Al Tayer informed the delegation on DEWA's most popular developmental tasks and strategic initiatives, intending to achieve Dubai Clean Energy Method 2050, launched by HH Sheikh Mohammad bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to earn Dubai a global centre of tidy power and green economic climate by giving 7% of Dubai complete energy result from clean resources by 2020, 25% by 2030 and 75% by 2050.
Al Tayer highlighted the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar project on the planet, with total capability of 5,000 megawatts by 2030, and overall investments worth AED 50 billion, along with the smart grid programmes and plans worth AED 7 billion covering generation, transmission and distribution systems, via 11 programs to be completed by 2020, adding to boosting need side administration, power efficiency and functional processes.
Al Tayer likewise highlighted the Shams Dubai effort that DEWA launched in March 2014 as part of its initiatives to achieve the Smart Dubai initiative, launched by HH Sheikh Mohammad bin Rashid Al Maktoum, to make Dubai the smartest city in the world. The Shams Dubai effort motivates customers to set up photovoltaic panels to generate electrical energy from solar power. The electrical power is made use of on-site and the surplus is exported to DEWA's network. An offset in between exported and imported electrical energy is conducted and the client account is worked out based on this balanced out. With the Green Charger effort, DEWA intends to mount and take care of the called for infrastructure to provide cars with electrical power, to decrease air contamination caused by transportation field and preserve the setting. In 2015, DEWA finished the installation of 100 charging terminals in different areas of Dubai, such as malls, airport terminals, industrial structures, residential complexes, and petrol terminals. DEWA is working in teamwork with its companions to enhance using electric and hybrid automobiles in the near future. The 2nd stage of the effort will include installing more electric vehicle charging terminals depending on client consumption, use, and owning patterns.
Musk praised DEWA's efforts, and emphasised his rate of interest in sharing info and exchanging experiences to add towards Dubai's lasting growth.
