Solar • B2B

Given that solar energy can meet the growing demand for electricity and mitigate issues related to climate change, it presents extremely attractive opportunities.

What made you decide to enter the renewable energy sector?

Solar is particularly relevant in the UAE, as it is abundant and the technology is extremely competitive. There are now also many technologies available that could mitigate the fact that solar energy production is intermittent. We welcome all initiatives taken in this direction, such as the water storage dam project being developed by DEWA, as well as the battery storage initiatives being developed in Abu Dhabi. We are confident the private sector can significantly contribute to increasing investment in solar through distributed energy production. It is clearly gaining momentum in the whole region. In the UAE, especially in Dubai, the leadership has been bold and clear by setting ambitious targets and taking effective actions. In this regard, DEWA has been instrumental in taking this commitment and translating it into actions. Thanks to them, when it comes to distributed generation, Dubai was the first market in the region to develop it.

LL