Day: January 4, 2023

DUBAI, Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), has welcomed José Agüero Avila, Ambassador of Paraguay to the UAE.

The visit aimed to explore bilateral cooperation, exchange experiences in renewable energy and solar panels, support partnership with the UAE, and learn about Dubai’s experience in developing new and sustainable energy technologies.

During the visit, Al Tayer emphasised DEWA’s keenness to strengthen cooperation and joint work with diplomatic and consular missions in the UAE. Al Tayer underlined the strong relations between the UAE and Paraguay.

Al Tayer highlighted the ambitious initiatives and pioneering and innovative development projects implemented by DEWA. He added that the main direction of energy in Dubai aligns with the wise leadership’s directives to expand clean energy projects and increase the use of the Fourth Industrial Revolution technologies, digitisation, promoting world-class infrastructure, the highest standards of reliability, efficiency, and availability, and accelerating investments in disruptive technologies.

“We work in line with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to achieve the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of Dubai’s total power production from clean energy sources by 2050. One of our key projects to achieve this goal is the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world based on the Independent Power Producer (IPP) model, with a planned production capacity of 5,000MW by 2030,” said Al Tayer.

Al Tayer talked about the 4th phase of the solar park, with a capacity of 950MW and investments amounting to AED15.78 billion according to the IPP model. It is the largest single-site CSP power plant that combines CSP and photovoltaic solar panels. This phase will use three hybrid technologies: 600MW from a parabolic basin complex (three units of 200MW each), 100MW from the world’s tallest solar power tower at 262.44 metres (based on Molten Salt technology), and 250MW from photovoltaic solar panels.

On its completion, the project will have the largest thermal storage capacity in the world of 15 hours, allowing for energy availability round the clock. The 4th phase will provide clean energy for around 320,000 residences and reduce 1.6 million tonnes of carbon emissions every year.

Al Tayer also highlighted the 900MW 5th phase of the solar park with investments totalling AED2.058 billion. The 5th phase uses the latest solar photovoltaic bifacial technologies with Single Axis Tracking to increase energy production. It provides clean energy for more than 270,000 residences in Dubai and reduce 1.18 million tonnes of carbon emissions annually.

Al Tayer also talked about DEWA’s other strategic projects including the pumped-storage hydroelectric power plant in Hatta, with a production capacity of 250MW and a storage capacity of 1,500 MWh.

He also talked about the Green Hydrogen Project, which DEWA built in cooperation with Expo 2020 Dubai and Siemens Energy at the Mohammed bin Rashid Al Maktoum Solar Park. It is the first of its kind in the Middle East and North Africa to produce hydrogen using solar power.

The Ambassador of Paraguay visited the Mohammed bin Rashid Al Maktoum Solar Park, where he was briefed by DEWA officials about its various phases. These include photovoltaic solar panels and concentrated solar power (CSP) technologies.

Avila commended DEWA’s efforts in the renewable and clean energy sector, pointing out the importance of exchanging the best international experiences and practices in renewable and clean energy.

Source: Emirates News Agency

Erbil, Iraq, dnata, a leading global air and travel services provider, has broken ground on its new, 20,000 m2 cargo warehouse which will add significant expansion to its operations at Erbil International Airport (EBL). The facility represents an investment of US$ 14 million and will create up to 50 additional, direct jobs with dnata in Iraq.

The foundation stone for the cargo warehouse, which is scheduled for completion in September 2024, was recently revealed by dnata’s Senior Vice President for UAE and Iraq Airport Operations, Jaffar Dawood.

“We are delighted to expand our operations in response to the growing demand for our reliable and safe cargo services in Erbil,” said Jaffar. “Our new facility will incorporate cutting-edge technologies and the latest carbon reduction initiatives in design and operation, ensuring the highest level of operational and environmental efficiency for our customers. We stay committed to the Iraqi aviation industry and continue to invest in our operations to contribute to the development of Erbil as a regional cargo hub.”

dnata’s newest cargo facility will be capable of processing 100,000 tonnes of cargo annually, including perishables, pharmaceuticals and dangerous goods. dnata will also implement its advanced ‘OneCargo’ system within the facility, digitising processes and maximising efficiencies across its cargo operations in Iraq.

The facility will be equipped with the latest technologies, including thermal insulation to reduce the building’s environmental impact by maintaining low CO2 manufacturing emissions and operating costs. Additional, environmentally sustainable features include a water harvesting system, which recycles condensed water, low energy skylighting, and an all-electric forklift fleet.

dnata’s latest expansion follows the opening of a new, advanced cool chain facility and a bus maintenance facility in 2022 at EBL. The company currently provides ground handling and cargo services to over 25 airlines with a team of over 400 aviation professionals.

In recent years, dnata has also made strategic investments in new cargo facilities in London and Manchester (UK), Karachi and Lahore (Pakistan), and additional cargo capacity and infrastructure in Brussels (Belgium), Sydney (Australia) and Toronto (Canada). In addition, last January the company announced an investment of over €200 million in one of the world’s largest and most advanced cargo facility, dnata Cargo City Amsterdam, at Schiphol Airport in The Netherlands.

As one of the world’s leading air and services providers, dnata provides quality and reliable ground handling, cargo, catering and retail services at over 120 airports in 19 countries.

Source: Dubai National Air Travel Agency

DUBAI, Dubai real estate market recorded 437 sales transactions worth AED1.02 billion, in addition to153 mortgage deals of AED402.94 million, and 43 gift deals amounting to AED109.91 million on Wednesday, data released by the Dubai’s Land Department (DLD) showed.

The sales included 402 villas and apartments worth AED877.42 million, and 35 land plots worth AED143.68 million, while mortgages included 139 villas and apartments worth AED226.2 million and 14 land plots valued at AED176.74 million, bringing the total realty transactions of today to over AED1.5 billion.

Source: Emirates News Agency

Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has launched the Solar & Renewable Energy Business Group. Gearing up for COP28, the business group will drive the uptake of renewable energy amongst businesses and the private sector in Dubai. Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023.

“As the world shifts to renewable energy and a decarbonized economy, the establishment of the Solar & Renewable Energy Business Group is timely and relevant. It comes at the heels of UAE’s COP28 presidency, highlighting the importance of the country’s Energy Strategy 2050 and Dubai’s Clean Energy Strategy. The business group will foster better understanding of these clean energy targets amongst local businesses while providing them insights to drive the shift to renewable energy. This will boost their efforts to support and accelerate Dubai’s energy transition and the ambition of making the emirate a hub for the green economy,” said Maha AlGargawi, Executive Director of Business Advocacy at Dubai Chambers.Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023.

Over the last couple of decades, the share of oil in the UAE’s gross domestic product (GDP) has considerably decreased. From approximately 43 per cent in 2001, this share dropped a third of GDP to 33 per cent in 2011 and much lower to 27 per cent in 2021. The UAE is well on its way to achieve its clean energy targets as outlined in the UAE Energy Strategy 2050.Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023.

Announced in 2017, the UAE Energy Strategy 2050 aims to reduce carbon footprint on power generation by 70 per cent, improve energy efficiency by 40 per cent, increase the contribution of clean energy from 25 per cent to 50 per cent and save a total of AED700 billion. The UAE has since launched notable initiatives and taken significant steps towards realising these goals by 2050. The UAE Government will invest AED600 billion in renewable energy by 2050 to meet the country’s growing energy demand from clean and sustainable resources. Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023.

Dubai launched its own Clean Energy Strategy in 2015, with the objective of producing 75 per cent of its energy demand from clean sources by 2050, making Dubai a hub for the green economy. One landmark project in solar energy is the Mohammed bin Rashid Al Maktoum Solar Park in Dubai which it is expected to have a production capacity of 5,000 MWh by 2030. Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023.

L K Verma, Managing Director at Power n sun and founding member of the business group said, “Creating organizations such as this is important for our sector. It will drive the discussions that are necessary to enhance the competitiveness of our business and enable the dialogue amongst peers and other stakeholders on speeding up the solarization in the region.”Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023.

Fellow founding member, Simon Brennan, General Manager at Al Shirawi Solar added, “I am very pleased to have been part of the setting up of this business group. It underlines the importance of environmental sustainability and I am certain with the establishment of this business group, our members will play a bigger role in supporting the UAE’s clean energy ambitions.”Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023.

With renewable energy at the forefront of the government agenda, the chamber’s establishment of the new Solar & Renewable Energy Business Group is a significant step in supporting the UAE as it prepares to host the COP28 Conference in 2023.Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023.

The chamber plans to increase the number of business groups that represent economic sectors and activities in Dubai as they are representatives and advocates for their respective business sectors. Business groups play a crucial role in recommending policy changes to improve a sector’s competitiveness and attractiveness while promoting international best practices and supporting economic growth. Dubai Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023.

Source: Dubai Chamber of Commerce & Industry