On its completion, the project will have the largest thermal storage capacity in the world of 15 hours, allowing for energy availability around the clock
By the end of the third quarter, DEWA served 1,143,153 customers, representing a 4.89 per cent year-on-year increase
DEWA has been investing in metaverse technology to implement and develop current and future projects
The summit discussed topics related to the skill development of youth in global climate policies, ways to empower them and the role of the government in supporting them
The two-day summit, being held at DWTC, is focused on four key pillars of the green economy, namely energy, finance, food security and youth
The exhibition is an integrated platform for organisations in the water, energy and environment sectors to learn about the latest technologies, solutions and developments
WGES is organised by DEWA, the World Green Economy Organization and the Dubai Supreme Council of Energy
The agreement will see ADNOC supply DUSUP with natural gas, which will be used instead of clean coal for electricity generation at DEWA’s IPP
The agreement aims to pave the way for constructive research to help solve current ecological challenges
DEWA also reported its second quarter 2022 financial results, recording quarterly revenue of Dhs7.01bn and net profit of Dhs2.61bn
DEWA has raised the capacity, efficiency and reliability of the electricity transmission network by implementing preventive maintenance and using SCADA system, telecommunications and tele-control systems
The programme targets young leaders from various fields to develop their knowledge and expertise in the field of clean and renewable energy
DEWA is using ‘iService’, which utilises metre diagnostics data to detect service interruptions and initiate rectification procedures automatically, among other tech solutions
The summit represents UAE’s efforts to strengthen regional and international cooperation, achieve climate neutrality and accelerate transition to a green economy
Moro Hub will be the service provider of cloud services for SAS catering to the business in Dubai
Demand for energy in the first half of 2022 reached 23,096 GWh compared to 21,729 GWh in the first half of 2021
The total value of DEWA’s investments between 2021 and 2024 is Dhs10bn
More than 75 million smart transactions have been completed using DEWA’s digital channels, contributing to reducing 496,256 tonnes of carbon dioxide emissions
The project will be completed by the end of this year
The clean energy share in Dubai’s energy mix has reached 11.5 per cent and is expected to reach 14 per cent by the end of 2022
The system improves grid automation, fault detection, retrieval of connections and supports DEWA’s efforts to maintain supplies
These will include one in Nakhali area with a storage capacity of 120 MIG, Lusaily area with a storage capacity of 60 MIG and in Hatta with a storage capacity of 30 MIG
It provides its services to 3.5 million people who live in Dubai
Dubai’s main power and water company also reported a 15 per cent growth in Q1 2022 revenues to Dhs5.068bn
Savings in the commercial sector between 2012 and 2021 amounted to 1.3 TWh of electricity and 2.5 billion gallons of water
The Dhs897m SWRO desalination plant has a production capacity of 40 million imperial gallons per day of desalinated water
DEWA said in a statement that the selling commissions would amount to Dhs213.7m
EFG Hermes has advised on other landmark listings such as ACWA Power’s offering on Tadawul and ADNOC Drilling’s milestone IPO on ADX
The IPO valued DEWA at $33.8bn
The stock is expected to start trading in Dubai around April 12