UAE's H.E. Alia Al Mazrouei Witnesses MoU Signing Between Ghafa Sustainability & Atsuya Technologies to Boost Innovation and Energy Efficiency
In a significant step towards fostering innovation and enhancing energy efficiency, Ghafa Sustainability and Energy Solutions LLC, a UAE-based company, and Atsuya Technologies Pvt Ltd, an Indian sustainability solutions firm, signed a memorandum of understanding (MoU). The ceremony was attended by H.E. Alia bint Abdulla Al Mazrouei, the UAE's Minister of State for Entrepreneurship, on the sidelines of the Investopia Global Talks in Chennai, Tamil Nadu, India.
The event, organized in collaboration with the Government of Tamil Nadu and the Confederation of Indian Industry (CII), saw participation from over 300 attendees, including leaders, investors, entrepreneurs, economic experts, and representatives from prominent UAE and Indian private sector companies.
H.E. Alia Al Mazrouei emphasized the partnership's alignment with the UAE's strategic vision of becoming a global hub for the new economy. "The UAE's strategic vision to establish itself as a global hub for the new economy by the next decade hinges on the localization of innovation, entrepreneurship, and technology across various sectors and activities, in line with the objectives of ‘We the UAE 2031’ vision. Through Investopia, we are committed to supporting these efforts by encouraging business communities to form valuable partnerships in new and sustainable economic sectors. Additionally, our aim is to facilitate the growth of businesses in technology-driven fields, innovation, entrepreneurship, and Fourth Industrial Revolution technologies.”
The partnership between Ghafa Sustainability and Atsuya Technologies aims to contribute to the UAE's transition to a knowledge-driven economy. The MoU focuses on creating innovative businesses and solutions leveraging cutting-edge technologies, particularly in sustainable energy and energy efficiency.
Rashed Aldhaheri, CEO of Ghafa Sustainability & Energy Solutions LLC, expressed enthusiasm for the collaboration, stating, "We are excited to partner with Atsuya Technologies to bring advanced IoT and AI-powered sustainability solutions to the UAE. This collaboration aligns with our commitment to drive sustainable development and energy efficiency across the region.”
Rahul Ganapathy, CEO of Atsuya Technologies Pvt Ltd, echoed this sentiment, saying, "Our partnership with Ghafa Sustainability & Energy Solutions represents a significant step forward in our mission to provide innovative sustainability solutions. We look forward to working together to create impactful projects that contribute to a greener and more sustainable future.”
The MoU will enable the development of IoT and AI-powered solutions to enhance energy efficiency and sustainability. It highlights the UAE’s commitment to strengthening collaborations with global companies in critical economic sectors, leveraging the country's business ecosystem to empower companies, entrepreneurs, and SMEs worldwide.
Key areas covered by the MoU include sustainable energy technologies, research and development, energy efficiency, capacity building, and knowledge sharing to promote sustainable best practices and energy monitoring and regulation.
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