Al-Qasabi: Growing global adoption of digitization transforms trade into more efficient and reliable    89-day long winter season starts officially in Saudi Arabia on Saturday    20,159 illegal residents arrested in a week    Riyadh Season 5 draws record number of over 12 million visitors    GACA report: 928 complaints filed by passengers against airlines in November    Death toll in attack on Christmas market in Magdeburg rises to 5, with more than 200 injured Saudi Arabia had warned Germany about suspect's threatening social media posts, source says    Ukraine launches drone attacks deep into Russia, hitting Kazan in Tatarstan    Cyclone Chido leaves devastation in Mayotte as death toll rises and aid struggles to reach survivors    US halts $10 million bounty on HTS leader as Syria enters new chapter    UN Internet Governance Forum in Riyadh billed the largest ever in terms of attendance    ImpaQ 2024 concludes with a huge turnout    Salmaneyyah: Regaining national urban identity    Fury vs. Usyk: Anticipation builds ahead of Riyadh's boxing showdown    Saudi Arabia to compete in 2025 and 2027 CONCACAF Gold Cup tournaments    Marianne Jean-Baptiste on Oscars buzz for playing 'difficult' woman    Al Shabab announces departure of coach Vítor Pereira    My kids saw my pain on set, says Angelina Jolie    Saudi Arabia defeats Trinidad and Tobago 3-1 in friendly match    Legendary Indian tabla player Zakir Hussain dies at 73    Eminem sets Riyadh ablaze with unforgettable debut at MDLBEAST Soundstorm    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



DEWA organizes the first Dubai Solar Show
Published in The Saudi Gazette on 29 - 12 - 2015

Dubai Electricity and Water Authority (DEWA) is organizing the first Dubai Solar Show, in conjunction with the 18th Water, Energy, Technology, and Environment Exhibition (WETEX 2016), which is organized under the directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and under the patronage of Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of DEWA, on Oct. 4- 6 at the Dubai International Convention and Exhibition Centre. Dubai Solar Show will cover approximately 13,000 square metres and will attract exhibitors from around the world.
Saeed Mohammed Al Tayer, MD & CEO of DEWA made the announcement at a press conference by at Grand Hyatt hotel in Dubai. The conference was attended by Dr Yousef Ibrahim Al Akraf, Chairman of the sales & logistical support committee for WETEX, Khawla Al Mehairi, Chairman of the marketing and media committee for WETEX, and Jamal Hammadi, VP- Special Projects-Strategy & Business Development, and many representatives from the Dubai Supreme Council of Energy and Dubai Electricity and Water Authority and media outlets.
Al Tayer pointed out that analysts expect that by 2030, the solar market will increase 10-fold, and solar will become the dominant electricity source around the world. Solar energy is forecasted to generate $5 trillion in revenue over the next 15 years, displacing large amounts of fossil fuels.
"The significant development of solar photovoltaic technologies, combined with 75% drop in cost over the past 10 years, have made it a popular option in various parts of the world to increasingly rely on solar energy. The cumulative capacity of solar energy now stands at about 185GW. Solar power additions in 2015 alone are estimated at about 50GW, up from 37 in 2014. This is clearly reflected in the Middle East. According to the Middle East Solar Industry Association, only 70MW of solar PV projects were awarded between 2006 and 2013 across the region, while projects of 294MW were awarded in 2014 alone. This is a four-fold increase in demand for solar energy in one year compared to the seven previous years combined," added Al Tayer.
"Earlier this year, DEWA signed an Independent Power Producer agreement to generate 200MW at the Mohammed bin Rashid Al Maktoum Solar Park, to be operational by April 2017. Last month, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, inaugurated the second project of the Solar Park, the largest single-site project of its kind in the world, based on the IPP model. It will generate 1,000MW by 2020, and 5,000MW by 2030, with total investments of AED 50 billion. His Highness also 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," he pointed out.
Moreover, he said "DEWA Innovation Centre will oversee research and development projects with a total investment of AED 500 million. We will also host the Solar Decathlon Middle East, which was created through an agreement between the Dubai Supreme Council of Energy and Dubai Electricity and Water Authority, and the United States Department of Energy. Participants will be university students from all over the world. Dubai will host the first two rounds of the Solar Decathlon, which is held for the first time in the Middle East and Africa. Dubai will host the first decathlon in 2018 and again in 2020 to coincide with World Expo in Dubai, whose theme 'Connecting Minds, Creating the Future' fits well with this distinguished international competition."


Clic here to read the story from its source.