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Roxtec Middle East FZE, a safety seal manufacturer based in Dubai, has announced that it is experiencing its best year of trading in the power sector across the region. The company, located in the Jebel Ali Freezone, has reported a 20 percent growth in its power division and expanded its workforce to 20 employees, having...
The Maritime Battery Forum (MBF) and the Zero Emission Shipping Technology Association (ZESTAs) have formally signed a Memorandum of Understanding (MOU) aimed at advancing technologies for zero-emission shipping. This partnership was established during a signing ceremony held onboard Yinson GreenTech’s Hydromover, which took place at the WATTS UP APAC conference in Singapore, an event centered...
HE Saeed Mohammed Al Tayer, the Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), recently welcomed HE Husin Bagis, the Ambassador of the Republic of Indonesia to the UAE. The discussions focused on enhancing public-private partnerships and sharing best practices, expertise, and knowledge with Indonesian organizations to promote sustainable development. During the...
OQ Alternative Energy (OQAE), a division of OQ Group, is advancing a portfolio of clean energy projects in Oman, with a total capacity exceeding 7 gigawatts (GW). This initiative has been recognized by the Ministry of Energy and Minerals, designating OQAE as a National Champion in the renewable energy sector. Muhannad al Kiyumi, the Head...
Dubai’s energy demand has risen by 5.4% in 2024 compared to the previous year, according to an announcement from the Dubai Electricity and Water Authority (DEWA). The total energy demand for 2024 reached 59.5 gigawatt hours (GWh), an increase from 56.5 GWh in 2023. Saeed Mohammed Al Tayer, the Managing Director and CEO of DEWA,...
In April 2025, the Dubai energy and Water Authority (DEWA) will begin sending energy out of the country from its new hydroelectric power plant in Hatta. This project comes after the facility passed its first operating tests, which began in January 2025. The news was shared by Saeed Mohammed Al Tayer, the Managing Director and...
A new report by the Dubai Multi Commodities Centre (DMCC) predicts that global demand for critical minerals such as lithium, cobalt, and nickel could surge by as much as 75 times the levels seen in 2020. This increase is anticipated to be driven by the urgent need for clean energy solutions, advancements in artificial intelligence,...
Emirates Water and Electricity Company (EWEC) has issued a request for proposal (RfP) for the establishment of the 140 MW Al Sila wind power project in Abu Dhabi, United Arab Emirates. This RfP was sent to 16 companies and consortiums that qualified during the expression of interest round conducted in October 2024. Responses to the...
Dubai Electricity and Water Authority (DEWA) has announced its record-breaking financial results for 2024, reporting an annual revenue of AED 30.98 billion and an EBITDA of AED 15.70 billion. Net profit after tax stood at AED 7.24 billion. The quarterly results for Q4 2024 also reflected strong performance, with revenues reaching AED 7.45 billion and...
PowerChina is reaffirming its commitment to expanding operations and increasing investments in the renewable energy sector within the Gulf region. Jin Huibin, the Country Representative and Commercial Manager of PowerChina, emphasized that the Middle East, particularly the Gulf countries, offers numerous large-scale projects and significant investment opportunities. His statements were made during the World Future...