 |
| |
A report says the Emirates Nuclear Energy Corporation (ENEC) has announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah), has commenced commercial operations of Unit 3 of the Barakah Nuclear Energy Plant, located in the Al Dhafra Region of Abu Dhabi.
As the third unit to be delivered in three consecutive years, this major accomplishment adds a further 1,400 megawatts (MW) of zero-carbon emission electricity capacity, boosting total production from Units 1, 2, and 3 of Barakah to up to 4,200 MW of baseload, reliable, clean electricity delivered 24/7 to the grid.
According to the news, Masdar, a global clean energy powerhouse, is entering the geothermal energy sector through a strategic investment in Pertamina Geothermal Energy (PGE), one of the world’s largest geothermal players.
The investment marks Masdar’s entry into geothermal energy, the second-largest geothermal market in the world.
The Abu Dhabi Waste Management Company (Tadweer), which is in charge of waste management in the emirate of Abu Dhabi, made a deal to work with SULO, which is one of the biggest companies in the world when it comes to making trash cans and smart waste solutions.
According to the new report by leading consulting firm Arthur D. Little, the UAE witnessed a 32 percent year-on-year (YoY) growth in its 2022 green and sustainable finance issuance.
Between 2019 and 2022, the UAE recorded increasing environmental, social, and corporate governance (ESG) reporting across major public and private institutions such as the Dubai Financial Market, the Ministry of Climate Change and Environment, and publicly listed companies in the Securities and Commodities Authority (SCA).
As further mentioned in the report, published under the title "Middle East Banks drive growth in ESG finance, face calls for ESG strategy," Arthur D. Little offers a two-part tailored and scalable solution for complex data to enable banks to efficiently manage ESG information in the UAE.
"Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), delivered a keynote speech at the inaugural "Energy and Transformer Days" event in the Middle East," said the report.
The event was organised by Hitachi Energy, a global technology leader that is advancing a sustainable future for all.
The first-ever event in the Middle East and Africa was held in Burj Khalifa, Dubai, on February 21–22, 2023.
A report says leading transport services provider United Trans, a subsidiary of Alserkal Group, is transforming regional transportation with its revolutionary on-demand bus service in partnership with local authorities such as Dubai RTA, Abu Dhabi ITC, and Ajman Transport Authority.
The UAE’s transport sector is dominated by personal car use, and passenger vehicles are responsible for approximately 15 percent of the UAE’s carbon emissions.
According to a study by Boston Consulting Group, on-demand public transportation could help cities reduce traffic by 15%–30%. Efficiently matching multiple passengers into a single vehicle provides a solid alternative to private vehicle use.
The UAE airline Emirates said in the report that it recycled more than 500 tonnes of plastic and glass last year by collecting bottles used by its customers.
A report says Fluke Corporation, a leading provider of test and measurement equipment, is set to exhibit its cutting-edge product offerings at the Middle East Energy Dubai Show 2023.
The technology leader will highlight its latest all-in-one photovoltaic (PV) tester, along with other innovative technologies, at the event, which will be held from March 7–9, 2023, at the Dubai World Trade Centre.
According to the report, JinkoSolar has developed a process via which 92% of the materials that make up a solar panel can be recycled, including cells, front glass, back sheet, aluminium frame, copper wire, encapsulation material, and the junction box.
Dubai-listed district cooling company Empower will invest AED 450 million ($122.5 million) to provide cooling services to Dubai Maritime City (DMC), following an agreement between the two entities, according to the report.
According to the report, the cooling capacity of the project, which will cover 43 buildings in DMC, is more than 63,000 refrigeration tonnes (RT).
The services will be provided in two stages by two plants located in the city and using systems that are new and advanced in terms of technology.