Home Business & Finance HE Saeed Mohammed Al Tayer welcomes President of the UAE Singapore Business Council

HE Saeed Mohammed Al Tayer welcomes President of the UAE Singapore Business Council

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News Desk

DUBAI: HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), welcomed a high-level delegation from the UAE Singapore Business Council and representatives of major Singaporean energy companies. The delegation was headed by Dr. Brian Shegar, President of the UAE Singapore Business Council. The meeting aimed to discuss the exchange of best international experiences and practices in renewable and clean energy and sustainability. The meeting was attended by Waleed Bin Salman, Executive Vice President for Business Development and Excellence, Dr Yousef Al Akraf, Executive Vice President of Business Support and Human Resources, and Marwan Bin Haidar, Executive Vice President of Innovation and the Future at DEWA.

During the meeting, Al Tayer and Dr. Shegar discussed ways to enhance cooperation between the UAE and Singapore, especially in advanced technologies for renewable and clean energy, energy storage, smart grids and water, in addition to strengthening economic relations and exploring joint investment opportunities across various sectors, including energy and water, infrastructure and technology.

Al Tayer highlighted to the visiting delegation DEWA’s key projects, initiatives and programmes in the field of anticipating and shaping the future of energy by creating a future model for utilities in the generation, transmission and distribution of electricity and water. DEWA continues its relentless efforts to achieve the futuristic vision of the wise leadership. Al Tayer explained that DEWA has strategic projects to meet the growing demand for electricity and water in Dubai.

Al Tayer noted that Dubai attaches great importance to sustainability and the transition towards a green economy by increasing reliance on clean and renewable energy in line with the Dubai Clean Energy Strategy 2050 to provide 100% of the total power production capacity in Dubai from clean energy sources by 2050. To achieve this, DEWA has launched many green programmes and initiatives, most notably the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world, based on the Independent Power Producer to the IPP model, and its production capacity will reach 5,000 megawatts by 2030.

Dr. Shegar praised DEWA’s efforts to enhance the business environment in the UAE and highlighted the UAE-Singapore Business Council’s keenness to facilitate and enhance business relations between Emirati and Singaporean companies.

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