#Saeed Mohammed Al Tayer
The total value of DEWA’s investments between 2021 and 2024 is Dhs10bn
The project will be completed by the end of this year
The company’s investments during the contract extension period is expected to reach another $7-8bn
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
The price range is set between Dhs2.25 and Dhs2.48 per share, implying a market capitalisation of between Dhs112.5bn and Dhs124bn
The clean energy share is currently 11.38 per cent of Dubai’s energy mix, and will reach 13.3 per cent in Q1 2022
DEWA-SAT 1 was launched on a SpaceX Falcon 9 rocket from Cape Canaveral Space Launch Complex in Florida on Thursday
These stations are mainly spread across Mohammed bin Rashid Gardens, Airport City, Wadi Al Safa, and Al Yafra 2
The substations supply Al Barsha 1, Mirdif, and Wadi Al Safa 2
Clean energy is expected to account for 12 per cent of Dubai’s overall production by the end of 2021
The electricity production capacity will further increase to 13,200MW with the commissioning of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park
The Dubai Paperless Strategy aims to encourage government departments to stop using paper in all internal and external transactions with customers by December 2021
The complex can generate 9,547 MW of electricity
The reservoir will have a capacity of 60 million imperial gallons, with construction expected to be completed in the first half of 2021
The total installed capacity is 11,700MW of electricity
The partnership includes a number of planned future projects around big data management and cybersecurity