Dubai Chamber Advances Clean Energy Collaboration

Dubai Chamber Advances Clean Energy Collaboration 

The Dubai Chamber of Commerce, one of the three chambers operating under the Dubai Chambers umbrella, has successfully facilitated a meeting between the Dubai Electricity and Water Authority (DEWA) and the Dubai Renewable Energy Business Group, aiming to explore avenues for strengthened collaboration.

This meeting is part of the chamber’s ongoing endeavours to foster partnerships between the public and private sectors across various industries, thus bolstering Dubai’s stature as a premier global hub for business, investment, and sustainability.

Key participants in the discussion included Waleed Salman, Executive Vice President of Business Development and Excellence at DEWA; Maha Al Gergawi, Vice President of Business Advocacy at Dubai Chambers; and Lukesh Verma, Chairman of the Dubai Renewable Energy Business Group.

The session provided insights into the objectives and initiatives of the Business Groups operating within the Dubai Chamber of Commerce, underscoring their pivotal role in driving economic growth and fostering public-private sector collaborations. Attendees gained a deeper understanding of the Dubai Renewable Energy Business Group’s contributions towards promoting sustainability within the private sector and expediting the transition towards clean energy through the advocacy of renewable energy technologies in Dubai.

His Excellency Saeed Mohammed Al Tayer, MD&CEO of DEWA, stated, “We are dedicated to enhancing cooperation among the public and private sectors and various stakeholders to realise the ambitious clean energy targets outlined in Dubai's strategies, including the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050. Through initiatives and flagship projects such as the Mohammed bin Rashid Al Maktoum Solar Park, the Hatta hydroelectric plant, and the Green Hydrogen Plant, we are actively advancing towards a sustainable future for Dubai. Our collaboration with the Dubai Renewable Energy Business Group further reinforces our collective efforts in advancing the adoption of renewable energy technologies and propelling the energy transition.”

His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, remarked, “Today’s meeting is a testament to our continuous efforts to foster connections between government entities and key industry stakeholders, advancing the sustainability agenda. We are committed to building upon the success of the COP28 climate summit to bolster the emirate’s status as a leading global hub for the green economy. The Dubai Renewable Energy Business Group serves as a valuable platform for cooperation and knowledge exchange, empowering the private sector to seize opportunities for accelerating the energy transition and building a sustainable future.”

The meeting spotlighted initiatives such as the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050, while also shedding light on DEWA's flagship projects aimed at expediting the adoption of clean and renewable energies.

Business Groups constitute essential pillars of development in Dubai’s vibrant business landscape, fostering public-private partnerships and advocating for the interests of specific business sectors. These groups play a crucial role in shaping policies through legislative recommendations, aimed at enhancing sectoral competitiveness and ensuring sustainable success.

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