HE Saeed Mohammed Al Tayer Discusses Ways to Enhance Collaboration With Italy's Ambassador to the UAE
Dubai, UAE, 2 January 2017: HE Saeed Mohammed Al Tayer, MD & Chief Executive Officer of Dubai Electricity and Water Authority (DEWA), got HE Liborio Stellino, Italy's Ambassador to the UAE, at his office, in the presence of Umberto Bernardo, First Commercial Secretary, Consular office of Italy. Waleed Salman, Executive Vice President of Approach & Business Development, and Khawla Al Mehairi, Vice President of Advertising & Corporate Communications at DEWA, likewise attended the conference.
The session reviewed ways to motivate Italian business to participate in tidy and renewable energy jobs in the UAE, generally and Dubai, specifically. HE Saeed Mohammed Al Tayer welcomed Italy's Ambassador to the UAE, reiterating the relevance of cooperation between DEWA and Italian companies in the power industry and create connections to trade proficiency. The trade exchange in between the UAE and Italy was USD 8 billion in 2015.
HE Al Tayer highlighted DEWA's most important development projects and strategic initiatives in Dubai, in adherence with the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. DEWA's jobs are available in line with the Dubai Clean Power Strategy 2050 released by His Highness to earn Dubai a global centre for tidy energy and green economy. The approach intends to supply 7% of Dubai's power from clean resources by 2020, 25% by 2030, and 75% by 2050. On the various other hand, Italy intends to rely 100% on renewable resource by 2050, consisting of 25% from photovoltaic or pv (PV) panels et cetera from geothermal, wind and hydropower energy.
HE Al Tayer talked about the Mohammed bin Rashid Al Maktoum Solar Park, which is the biggest single-site project to create electrical energy from solar power worldwide, with a planned capacity of 5,000 MW by 2030, and a total financial investment up to AED 50 billion (USD13.6 bn). Al Tayer likewise highlighted the 2,400 MW Hassyan clean coal power project. Overall financial investment of the project is USD 3.4 billion, and developing a hydroelectric power plant in the hills next to the Al Hatta dam with a capability of 250 MW, along with other advancement projects. Al Tayer also highlighted smart grids. The smart grid method contains 11 programs with a total financial investment of AED 7 billion as much as 2020. DEWA has actually established strategies and programmes for demand side management, energy effectiveness and functional improvement. DEWA additionally released 3 smart efforts as part of its initiatives to achieve the Smart Dubai initiative.
The Italian delegation showed rate of interest to join DEWA's prominent jobs in clean and renewable resource. The Italian ambassador hailed DEWA's initiatives to attain lasting advancement in Dubai, reduce carbon impact of the emirate to attain a far better future for generations to come. Dubai has all the abilities to reach top place around the world and has currently become a leading global hub for sustainability and green economy.
