Note from Vice Chairman of Dubai Supreme Council of Energy and MD & CEO of Dubai Electricity and Water Authority (DEWA)

DEWA is organising the Dubai Solar Show, in conjunction with the 19th Water, Energy, Technology, and Environment Exhibition (WETEX 2017), which is organised under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of DEWA, from 23 to 25 October at the Dubai International Convention and Exhibition Centre.

A report by Bloomberg New Energy Finance, New Energy Outlook 2016, estimates that USD 7.8 trillion will be invested globally in renewables between 2016 and 2040. Two thirds of these investments will be in expanding power generation, but will require trillions of more dollars to bring world emissions onto a track compatible with the United Nations' 2°C climate target.

The UAE, under the directives of our wise leadership, has taken an early start to bid farewell to the last drop of oil. HH Sheikh Mohammed bin Rashid Al Maktoum, launched the Dubai Clean Energy Strategy 2050, to make Dubai a global centre of clean energy and green economy, and provide 7% of Dubai’s energy from clean energy sources by 2020, 25% by 2030 and 75% by 2050. Dubai also aims to install solar panels on the roofs of all buildings in Dubai by 2030. DEWA has already launched Shams Dubai initiative to encourage building owners to install photovoltaic panels to generate electricity and connect it to DEWA’s grid.

The Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site solar park in the world, with a planned capacity of 5,000MW by 2030, and a total investment of up to AED 50 billion is instrumental to the Dubai Clean Energy Strategy 2050. DEWA set world records by obtaining the lowest price globally for the second and third phase of the solar park based on the Independent Power Producer (IPP) mode. It received USD 5.6 cents per kilowatt hour (kW/h) for the 200MW second phase and USD 2.99 cents per kilowatt hour (kW/h) for the 800MW third phase of the solar park. DEWA also intends to build the largest Concentrated Solar Power (CSP) project in the world, using the IPP model. DEWA will generate 1,000MW using this technology by 2030.

Dubai Solar Show will be a key platform for the public and private sectors to make deals, build partnerships, review the latest solar-energy technologies, learn about current and future projects in the region and market needs, and explore opportunities to take part in solar-energy projects and programmes. Organising the show in conjunction with WETEX and the World Green Economy Summit is a chance to reach thousands of exhibitors, participants, officials and decision makers in the UAE,the Arabian Gulf and the Middle East as a whole. Participants and visitors can avail of the busy agendas of the two events which feature conferences, workshops and specialised activities. They can also meet experts and specialists from around the world to discuss developing solar energy and expanding its adoption in the region to achieve the sustainable development and ensure a sustainable future for us and for generations to come.

I invite all companies and organisations working in solar technologies to take part in Dubai Solar Show and explore the various investment opportunities offered by this promising sector.

HE Saeed Mohammed Al Tayer
Vice Chairman of the Dubai Supreme Council of Energy
MD & CEO of DEWA

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