Dubai: Investment in clean energy tops agenda at WETEX 2016Source: www.export-egypt.com 8/25/2016, Location: Middle East |
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Investing in clean energy will top the agenda of discussions during the 18th Water, Energy, Technology, and Environment Exhibition, WETEX 2016, which is organised under the directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and under the patronage of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance and President of Dubai Electricity and Water Authority, DEWA.
According to DEWA, which is one of the organisers of the event to be held from 4th to 6th October, the 18th edition of WETEX is expected to see over 23,000 visitors and the participation of over 1,900 companies from around the world. The key objective of the exhibition is to show the latest and major technologies and international practices of clean and renewable energy to save the environment for generations to come and preserve their right to live in a clean, healthy, and safe environment and a happy community. "Dubai Clean Energy Strategy 2050, launched by His Highness Sheikh Mohammed Rashid Al Maktoum, aims to provide 7 percent of Dubai’s total power output from clean energy sources by 2020, 25 percent by 2030, and 75 percent by 2050. Organising WETEX under the umbrella of Green Week and in conjunction with the inaugural Dubai Solar Show will have an instrumental role in boosting investment in clean energy and raising its returns on economy and environment. We will also benefit from the position of WETEX as an international platform to highlight ideal investment solutions in this industry and its major investment opportunities in Dubai," said Saeed Mohammed Al Tayer, MD and CEO of DEWA. "UAE Vision 2021 and the Dubai Plan 2021 have set the roadmap that includes ambitious initiatives and development projects, which clearly define government strategies, most importantly in sustainable development. DEWA spares no efforts to cooperate with global players to achieve this vision and realise the sustainable development process in Dubai," he added. "The next WETEX will see the largest participation in clean and renewable energy projects, where participants and visitors can be updated about the status of current and future projects for Dubai," he noted. |
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