Money and business

DEWA International is considering cooperation with a number of Greek energy companies

Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority, Chairman of DEWA International, during a visit to the Greek capital, Athens, at the head of a high-level delegation, with the leaders of the Public Power Company (PPC) group and the Mitlin Energy and Minerals Company, discussed ways to enhance cooperation and emerging opportunities related to the demand for energy in data centers, and the infrastructure associated with energy networks, in addition to the potential for DEWA International to contribute its expertise in the fields of operation, maintenance, and utility governance to support Greek energy projects.

The visit comes within the framework of DEWA’s global strategy aimed at strengthening its global partnerships and cooperation with companies specialized in the energy sector, renewable energy, and advanced infrastructure for electrical and water networks, and confirms DEWA’s global efforts to expand its global presence and benefit from its expertise in innovation and sustainability to advance energy projects around the world.

Al Tayer said that the visit aims to transfer the successful model of the energy sector in Dubai to enhance its global position, in addition to consolidating aspects of cooperation between DEWA International and Greek companies operating in the energy sector, with the aim of exploring ways to develop global projects in the fields of renewable and clean energy, and energy efficiency, in addition to reviewing the latest innovations and technologies adopted in traditional and clean energy projects.

During the meetings, Al Tayer reviewed DEWA’s global achievements, its ranking first in the world in 13 key performance indicators within its areas of work, the development of its electricity and water networks, with the highest efficiency rates at the global level, its experience in the field of transmission and distribution, the transition to clean energy, and its efforts to achieve carbon neutrality by 2050.

He explained that clean energy currently constitutes more than 21.5% of the energy mix in Dubai, through the Mohammed bin Rashid Al Maktoum Solar Park, the pillar of this transformation, as it is the largest solar energy complex in one location in the world according to the independent energy producer system, and uses advanced technologies that include photovoltaic and concentrated solar energy, batteries, and green hydrogen, and this percentage is expected to reach 36% by 2030, compared to 25% in the original plan.

He pointed out that the complex achieved four records in the Guinness Book of World Records, for the highest production capacity of a concentrated solar energy station in one location with a capacity of 700 megawatts, the highest concentrated solar energy tower with a height of more than 263 meters, the largest thermal energy storage capacity of up to 15 hours, and the longest operation of a concentrated solar energy station.

He talked about the hydroelectric station using the authority’s stored hydropower technology in the Hatta region, with a production capacity of 250 megawatts and a storage capacity of 1,500 megawatt hours, and it is the first of its kind in the Arabian Gulf region.
The delegation included Engineer Walid bin Salman, Executive Vice President of the Business Development and Excellence Sector, and Engineer Marwan bin Haider, Executive Vice President of the Innovation and Future Sector, in addition to a number of senior officials in the Authority.

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