Latest news with #NetZeroCarbonEmissionsStrategy2050


Hi Dubai
27-03-2025
- Business
- Hi Dubai
Emirates Group Partners with Moro Hub to Power Digital Future with Clean Energy
The Emirates Group has announced a strategic partnership with Moro Hub, a subsidiary of Digital DEWA, to co-locate its data centre at the world's largest solar-powered data facility, located at the Mohammad Bin Rashid Al Maktoum Solar Park. Moro Hub's state-of-the-art data centre, certified by Guinness World Records™, will provide critical infrastructure support as the Emirates Group transitions to a more sustainable digital framework. This move marks a significant milestone in the Group's growth strategy, with data centre relocation set to begin in mid-2026. Moro Hub will deliver comprehensive co-location services, including rack space, power, cooling, equipment supply, and associated operational support. The shift will see the Emirates Group harnessing clean energy, with an annual consumption of 3,000 megawatts required to power its digital operations. The agreement was formalized in the presence of Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), with Michael Doersam, Chief Financial & Group Services Officer of the Emirates Group, and Eng. Marwan Bin Haidar, Vice Chairman & Group CEO of Digital DEWA, signing the deal. Al Tayer emphasized Dubai's commitment to sustainable digital innovation, stating, 'This strategic alliance reinforces Dubai's leadership in digital transformation and sustainable aviation, aligning with the Dubai Clean Energy Strategy 2050 and Net Zero Carbon Emissions Strategy 2050.' Michael Doersam highlighted the collaboration's impact, noting, 'By transitioning to Moro Hub's green data centre, we are enhancing operational resilience while reducing our environmental footprint, reaffirming our commitment to a sustainable, technology-driven future.' This partnership underscores Dubai's vision to become a global leader in digital sustainability, accelerating innovation while advancing environmental responsibility. News Source: Emirates News Agency


Zawya
04-03-2025
- Business
- Zawya
Dubai solar park's 6th phase reaches 53% completion, 600MW operational
The sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the world's largest single-site solar park, has reached 53 percent completion, with 600 megawatts (MW) out of its total 1,800MW capacity already operational, according to an update from Dubai Electricity and Water Authority (DEWA). The project is being developed by Shuaa Energy 4, a joint venture between DEWA (60 percent) and Masdar (40 percent), under the Independent Power Producer (IPP) model. The 5.5 billion UAE dirhams ($1.5 billion) IPP project spans 20 square kilometres and utilises bifacial solar photovoltaic (PV) technology with single-axis tracking to enhance energy output, DEWA said in a press statement. Once fully operational, this phase will supply clean energy to approximately 540,000 residences and cut 2.36 million tonnes of carbon emissions annually. The sixth phase achieved Levelised Cost of Energy (LCOE) of US$1.6215 cents per kilowatt hour (kWh), which is the lowest price for the solar park's phases. The financial close was achieved in February 2024. DEWA said in August 2023 that the project would be operationised in stages starting from the fourth quarter of 2024. Currently, the solar park's total production capacity stands at 3,460MW, with an additional 1,200MW under construction. By 2030, its total capacity will reach 7,260MW, contributing 34 percent of Dubai's total energy mix and advancing Dubai's Clean Energy Strategy 2050 and Net Zero Carbon Emissions Strategy 2050. (Writing by Deva Palanisamy; Editing by Anoop Menon) (


Zawya
03-03-2025
- Business
- Zawya
Dubai's energy demand rises 5.4% to 59,594 GWh in 2024
Dubai's energy demand increased by 5.4 percent in 2024, reaching 59,594 Gigawatt-hours (GWh), compared to 56,516 GWh in 2023, according to figures released by the Dubai Electricity and Water Authority (DEWA). The DFM-listed utility said its installed generation capacity has reached 17.179 GW, with clean energy sources accounting for 20 percent of the total capacity. This supports Dubai's Clean Energy Strategy 2050 and Net Zero Carbon Emissions Strategy 2050, which aim to achieve 100 percent clean energy production by 2050. Meanwhile, peak electricity demand in 2024 rose by 3.4 percent, reaching 10.76 GW. Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), said the utility continues to increase the capacity of transmission and distribution networks as it develops world-class electricity and water infrastructure to keep pace with Dubai's population growth and steady expansion of economic activities. (Writing by Deva Palanisamy; Editing by Anoop Menon) (


Hi Dubai
27-02-2025
- Business
- Hi Dubai
DEWA Concludes Third Cycle of CleanTech Hackathon
The Dubai Electricity and Water Authority (DEWA) has successfully wrapped up the third cycle of its CleanTech Hackathon, attracting 193 applications from seven countries. Organized as part of the 'UAE Innovates 2025' initiative, the hackathon brought together companies, university students, and experts in sustainable innovation to present solutions aimed at tackling climate change and promoting environmental sustainability. This year's cycle focused on innovative projects in desalination, decarbonization, digitization, energy efficiency, and carbon emission reduction, all integrating digital technologies into sustainable systems. The initiative aligns with DEWA's goals under the Dubai Clean Energy Strategy 2050 and Dubai's Net Zero Carbon Emissions Strategy 2050, which targets 100% clean energy production by 2050. Saeed Mohammed Al Tayer, MD & CEO of DEWA, emphasized that the Sustainability and Innovation Centre serves as a global platform for innovators, investors, and experts to develop clean energy solutions. Waleed bin Salman, Executive Vice President of Business Development and Excellence at DEWA, added that winning projects gain access to both local and global investors and are showcased at prominent events like the CleanTech Innovators Exhibition and the Cleantech Connect programme. The winning projects include: Hueck Solar Energy (Germany) for concentrated solar power technology. Econano Water Treatment (UAE) for solar-powered water purification technology. Hydrowind Energy (UAE) for clean electricity and seawater desalination. Ecobeat (UAE) for AI-powered water and energy management. DoGood People (Spain) for a sustainability empowerment platform. The CleanTech Hackathon continues to contribute to Dubai's vision of becoming a global hub for clean and renewable energy technologies. News Source: Emirates News Agency