The time to act is now.”“There are two futures waiting for us. It also seeks to increase consumption efficiency of individuals and corporates by 40 per cent.The strategy targets an energy mix that combines renewable, nuclear and clean energy sources to meet the UAE’s economic requirements and environmental goals as follows:The UAE government aims to invest AED 600 billion by 2050 to meet the growing energy demand and ensure a sustainable growth for the country’s economy. The Hassyan power plant, a 2400MW capacity coal power plant currently under construction in Dubai, will play an important role supporting the UAE Clean Energy Strategy 2050.

+971 4 309 3222 Sharaf DG Energy provides sustainable energy solutions across a variety of business sectors so clients can generate their own clean energy, benefit from annual energy savings, and learn to value the natural environment.Disclaimer: The contents of this press release was provided from an external third party provider. The UAE mGovernment is not responsible for the accuracy of information in the translated language. Quickly uncover hidden opportunities with comprehensive data and content.Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv.Screen, analyze and compare projects in the Middle East and North Africa across Infrastructure, Real Estate, Industrial and Energy sectors with Refinitiv’s Eikon. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. The UAE's carbon footprint should also be reduced by an ambitious 70 per cent.In order to achieve the varying objectives of this 2050 Strategy, the government has committed an impressive AED 600 billion by 2050 to help the economy diversify, ensuring sustainability and the ability to meet the society's ever increasing energy demands.So with this in mind, it is no surprise that the UAE renewable energy market and its opportunities go from strength to strength and with the abundance of sun we enjoy in this region, quite clearly solar energy provides a wealth of energy resource opportunities.Dubai is at the forefront of this initiative and is in the process of constructing the largest single-site solar park in the world known as the Mohammed bin Rashid Al Maktoum Solar Park to supply the city's energy needs with a planned capacity of 5GW by 2030.Solar rooftop panels are also being installed across Dubai, with a target to cover 10% of UAE nationals’ homes by 2020.



Out of all the clean energy sources available, solar energy is set to become the largest contributor.Since 2012, the futuristic city has been heavily investing in utility-scale solar installations, leading to the development of the With 365 days of abundantly available sunshine, the Dubai government recognizes that solar energy offers the most viable and competitive solution to meet the domestic energy requirements. The fifth pillar is focused on creating an environment friendly energy mix comprising solar energy (25 per cent), nuclear power (7 per cent), clean coal (7 per cent) and gas (61 per cent) by 2030. Please go to https://171.ae/en/?lang=en, your gateway to UAE government services.

Providing some key insights into residential solar segment, Mr. Sanjay Dabur, Vice-President and Head of Energy Business at Sharaf DG Energy, said, “The carbon emissions of the planet have almost reached irreversible levels. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, aims to increase the contribution of clean energy in the total energy mix to 50 percent, thus saving AED700 billion by 2050.