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WETEX and DSS an Important Platform for GCC Countries to Promote Green Investments

September 12, 2022
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WETEX and DSS an Important Platform for GCC Countries to Promote Green Investments
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WETEX and DSS an Vital Platform for GCC International locations to Promote Inexperienced Investments

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The Water, Power, Know-how, and Setting Exhibition (WETEX) and the Dubai Photo voltaic Present (DSS) is witnessing an growing turnout from exhibitors, sponsors and buyers from the GCC international locations.

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Dubai Electrical energy and Water Authority (DEWA) is organising the 24th WETEX and Dubai Photo voltaic Present 2022 below the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and below the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Power, from 27 to 29 September 2022 on the Dubai World Commerce Centre.

Throughout WETEX and DSS, the exhibitors, sponsors and buyers from the GCC international locations search to be taught concerning the newest applied sciences, modern options and funding alternatives for clear and renewable power, water, inexperienced financial system, good cities and sustainability. This helps them to maintain tempo with the growing demand for clear and renewable power within the area. That is in accordance with nationwide methods within the GCC international locations, which deal with diversifying the financial system and decreasing dependence on oil and gasoline, decreasing power and water consumption and emissions, to realize carbon neutrality and the 17 UN Sustainable Growth Targets (SDGs) 2030. This enhances the efforts of the Gulf international locations to assist the worldwide group in mitigating the repercussions of local weather change.

Inexperienced power initiatives and investments are extremely popular within the Arabian Gulf area, resulting from many incentives and inspiring components, together with aggressive costs, investor confidence, the strategic advantages of coming into promising markets, and elevated funding within the worth chain. This chain consists of undertaking builders, producers, analysis and improvement initiatives and innovation, plentiful renewable power sources (photo voltaic and wind power), and proactive regulatory and legislative frameworks.

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WETEX and DSS is the most important exhibition of its sort within the area and one of the outstanding worldwide exhibitions specialising in water, electrical energy, power, atmosphere, oil and gasoline, renewable power and environmental sustainability. WETEX has change into an vital platform for inexperienced options, and an anticipated discussion board for establishments and firms from the area and the world to advertise their services in addition to assessment the newest applied sciences. The exhibition is a gathering level for consultants, specialists and others involved to trade greatest practices and experiences. It promotes collaboration and integration between the private and non-private sectors regionally and globally.

WETEX and DSS 2021 attracted many Saudi Arabian sponsors and firms specialising in inexperienced investments, clear and renewable power investments. The Ministry of Funding in Saudi Arabia and the enormous Neom undertaking, along with a number of Saudi firms specialised in power, atmosphere and water sectors, have been a part of the Saudi pavilion on the exhibition. Many firms and sponsors from Bahrain, Kuwait, and Oman took half, along with the UAE, the host nation. Greater than 1,200 firms from 55 international locations participated within the exhibition, which was held on the Dubai Exhibition Centre at Expo 2020 Dubai and attracted 45,506 guests worldwide. 

 “WETEX and DSS displays Dubai’s keenness and curiosity in supporting regional and world efforts to extend reliance on renewable power and promote sustainability in keeping with the imaginative and prescient of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE; and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in selling sustainable improvement within the UAE and consolidating Dubai’s place as a worldwide hub for a inexperienced financial system. That is a part of the framework of the Dubai Clear Power Technique 2050 and the Dubai Web Zero Carbon Emissions Technique 2050 to offer 100% of Dubai’s whole energy capability from clear power sources by 2050. We’ve main worldwide initiatives in Dubai to realize the imaginative and prescient of the smart management, most notably the Mohammed bin Rashid Al Maktoum Photo voltaic Park, the most important single-site photo voltaic park on the planet, utilizing the Unbiased Energy Producer (IPP) mannequin. It’ll have a manufacturing capability of 5,000 megawatts MW by 2030, with a complete funding of fifty AED billion. When accomplished, the photo voltaic park will cut back greater than 6.5 million tonnes of carbon dioxide emissions yearly,” stated HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, Founder and Chairman of WETEX and DSS.

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“We additionally launched pioneering initiatives and initiatives that included all clear and renewable power applied sciences in Dubai, equivalent to photo voltaic photovoltaic panels know-how, Concentrated Photo voltaic Energy (CSP), inexperienced hydrogen manufacturing utilizing renewable power, a hydroelectric energy plant in Hatta, and a feasibility examine for producing electrical energy from wind energy in Hatta. By means of the IPP mannequin, Dubai has achieved world-class outcomes, thus making Dubai a worldwide benchmark for photo voltaic power costs,” added Al Tayer. 

HE Eng. Abdullah Al Abdul Karim, Governor of Saline Water Conversion Company (SWCC), stated that WETEX and Dubai Photo voltaic Present offers priceless alternatives to boost regional and world efforts in search of to debate the massive financial alternatives within the fields of fresh power and undertake its modern applied sciences. Photo voltaic power represents one of the plentiful sustainable and least costly renewable power supply, which, in flip, will assist the efforts aiming to achieve a sustainable future. Al Abdul Karim identified that SWCC has spared no effort in adopting the newest applied sciences of the Fourth Industrial Revolution to offer a mannequin for enhancing sustainability, based mostly upon its place as a frontrunner within the desalination trade on the planet. He additionally drew the eye to the implementation of numerous photo voltaic power initiatives and initiatives within the Kingdom, together with Al-Khafji desalination plant utilizing the superior reverse osmosis know-how, with an expandable manufacturing capability of about 90,000 cubic metres of desalinated water per day. He affirmed the financial affect of this undertaking and its contribution to decreasing price, growing water manufacturing and decreasing carbon emissions. That is in keeping with the aims of The Kingdom’s Imaginative and prescient 2030 and reaching the Kingdom’s technique to achieve zero carbon emissions by 2060.

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“We’re proud to be a strategic sponsor of WETEX & Dubai Photo voltaic Present yearly. On this approach, we’re contributing as an lively companion of probably the most vital exhibition of this sort within the area. On the identical time, we count on to obtain a big selection of advantages that can assist drive our enterprise as a cable manufacturing chief,” stated Borjan Sehovac, CEO of Riyadh Cables Group – Saudi Arabia.“WETEX and the Dubai Photo voltaic Present is persistently on the high of our listing of annual occasion participation, in addition to sponsorship of the occasion. These occasions will make everybody conscious of how essential it’s to look after our pure assets and use them to generate energy, and make vital efforts to safeguard and enhance the nation’s pure assets whereas enhancing the standard of life for all,” stated Bassam Naes, Group Advertising and marketing Director, Nationwide Cables Business – UAE.

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