Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE - Dewa, Cleanergy and Al-Futtaim Carillion ink deal  Join our daily free Newsletter

MENAFN - Khaleej Times - 23/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) The partnership combines Cleanergy's CSP technology with Al-Futtaim Carillion's on-the-ground expertise in delivering complex engineering projects.



Dubai Electricity and Water Authority (Dewa) on Wednesday announced the signing of a Memorandum of Understanding (MoU) with the Swedish energy technology company Cleanergy and Al-Futtaim Carillion for the installment of the first stirling engine concentrated solar power (CSP) technology power plant in Dubai, the GCC and wider Mena region



The partnership combines Cleanergy's CSP technology with Al-Futtaim Carillion's on-the-ground expertise in delivering complex engineering projects. The installation consists of 10 units with a total capacity of 110kW as well as a park management supervision system to oversee the project. The permit approval process to install the plant has commenced and the installation is expected to be completed by early 2014



"This MoU aims to support the long-term national initiative 'Green economy for sustainable development' launched by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to achieve sustainable development in the Emirate of Dubai and promote its psition as a global hub for finance, business, tourism and green economy," said Saeed Mohammed Al Tayer, managing director and chief executive of Dewa




The agreement is in line the Dubai Integrated Energy Strategy 2030 to achieve energy diversification by generating 71 per cent from gas, 12 per cent from nuclear energy, 12 per cent from clean coal, and five per cent from solar energy. The strategy also aims to reduce demand for energy by 30 per cent in the Emirate of Dubai by 2030



"We spare no effort to support this vital sector, and work hard to enhance reliability of renewable energy through some promising future projects, like Mohammed Bin Rashid Al Maktoum Solar Park, whose first project was inaugurated in October 2013, with targeted production capacity of 1,000 megawatts by 2030," he added



Anders Koritz, chief executive of Cleanergy, said it is a great honour to be working with Dewa and Al-Futtaim Carillion on the first test plant in the region with the company's unique CSP technology



"As Dubai seeks to generate five per cent of its electricity from the sun by 2030, this partnership is an important first step in achieving this target," said Simon Webb, managing director of Al Futtaim Carillion

 


Khaleej Times




  MENA News Headlines
 May 3 2016 - Woo's 'Inside Men' a smashing political revenge thrillerArab Times
(MENAFN - Arab Times) In "Inside Men", a smashing political revenge thriller with more double-crossings than "Infernal Affairs," a prosecutor allies himself with a gangster to topple the corrupt ...

 May 3 2016 - Sheikh Zayed Book Award honors winnersArab Times
(MENAFN - Arab Times) The Sheikh Zayed Book Awards held Sunday a ceremony for winners of this year on the sidelines of the Abu Dhabi International Book Fair (IBF).Addressing the ceremony, Dr Ali bin ...

 May 3 2016 - Al-Qadsiya karate team win Championship CupArab Times
(MENAFN - Arab Times) Al-Qadsiya Karate Team won the Championship Cup for public group during the 2015/2016 sports session with 18 points, while Al-Shabab Team took the second spot with 15 points and ...

 May 3 2016 - Credit growth steady as deposits reboundArab Times
(MENAFN - Arab Times) Credit growth saw a relatively moderate gain in February, though growth slipped to 7.5%. Total credit was up by KD 83 million during the month. Most of the gains were in ...

 May 3 2016 - KSE swings 30.94 pts lower volume shrinksArab Times
(MENAFN - Arab Times) Kuwait stocks swung lower on Monday after eking modest gains in the last session. The price index slid 30.94 points to 5,372.49 pts amid selling in select counters. The market ...

 May 3 2016 - NBK leads Kuwaiti banks with largest ATM networkArab Times
(MENAFN - Arab Times) National Bank of Kuwait (NBK) enjoys the largest ATM network in Kuwait with more than 260 ATMs that provide withdrawals and accept deposits to provide its customers with the ...

 May 3 2016 - Yemen talks suspendedArab Times
(MENAFN - Arab Times) Yemen's government temporarily suspended Sunday its participation in talks with Iran-backed rebels in protest at their takeover of a military base and continued ceasefi re ...

 May 3 2016 - Bombings kill 31 as Baghdad grapples with political crisisArab Times
(MENAFN - Arab Times) Two car bombs in the southern Iraqi city of Samawah on Sunday killed 31 people and wounded dozens, the latest in a series of large attacks claimed by the Islamic State group as ...

 May 3 2016 - Islamist group Shebab kills 16 Somali troops, retakes townArab Times
(MENAFN - Arab Times) Al Shebab insurgents killed 16 Somali soldiers and retook a town northeast of the capital Mogadishu on Sunday, just one day after it had fallen to government forces, the ...

 May 3 2016 - Qatar's Barwa exposes USD 4.12bn investment plansMENAFN
(MENAFN) Barwa Real Estate Co. proclaimed that it would invest more than USD 4.12bn in many projects, including on building up 12,000 housing units.Moreover, the huge funds will be invested in a ...

 May 3 2016 - Kuwait- Smart card to allow citizens, expats travel in GCC nationsArab Times
(MENAFN - Arab Times) Assistant Undersecretary for Citizenship and Passport Affairs in the Interior Ministry Major General Sheikh Mazen Al-Jarrah has unveiled a plan to allow citizens and expatriates ...

 May 3 2016 - Quitters must pay on contract, noticeArab Times
(MENAFN - Arab Times) The latest statistics released by the Public Authority for Civil Information (PACI) revealed that 132,646 people in Kuwait cannot read and write while 925,518 just know how to ...

 May 3 2016 - Kuwait- Civil freedoms minefield for austerity driveArab Times
(MENAFN - Arab Times) A three-day strike by oil workers in Kuwait last month over pay reforms shows the government faces considerable opposition as it prepares to push through painful and ...

 May 3 2016 - Qatar, UAE plan to increase investment tiesMENAFN
(MENAFN) Qatar and UAE proclaimed a strategy to create a committee that will explore investment chances in the two countries and in the region.Additionally, the committee will consist of six-member ...

 May 3 2016 - Kuwait- Expert sees application of VAT law in '18-'19Arab Times
(MENAFN - Arab Times) The Gulf Cooperation Council (GCC) member states are most likely to apply the value-added tax law between 2018 and 2019, an accounting expert said on Monday.Kuwait, for example, ...

 May 3 2016 - Hungary's unacknowledged leadershipDaily News Egypt
(MENAFN - Daily News Egypt) Hungary has a strategic position in the heart of Europe. The country offers a highly developed logistics system. Its traditional role as a trading post makes it important ...

 May 3 2016 - Linea and Ponto models lead Fiat's salesDaily News Egypt
(MENAFN - Daily News Egypt) Fiat sales totalled EGP 20.2m across 154 vehicles during January and February, an increase of 36.3% compared to the corresponding period of 2015, when sales reached EGP ...

 May 3 2016 - Banks operating in Egypt record EGP 35.88bn net profits in 2015: CBEDaily News Egypt
(MENAFN - Daily News Egypt) Banks operating in Egypt recorded EGP 35.882bn in net profits in 2015, according to the Central Bank of Egypt (CBE).In a recent report issued by the CBE, these profits ...

 May 3 2016 - Abraj Misr expects sales of Egyptian vacation properties to grow by 40% this yearDaily News Egypt
(MENAFN - Daily News Egypt) The sale of vacation properties will grow by 30-40% this year owing to increased demand from Egyptians and Arabs, said the commercial director of Abraj Misr, Tarek ...

 May 3 2016 - Tourists from North Africa cannot visit Egypt due to visa restrictions: Egyptian Travel Agencies Association chairpersonDaily News Egypt
(MENAFN - Daily News Egypt) One million tourists could flow to Egypt if travel and visa restrictions were lifted for Arabs from the North African countries of Tunisia, Algeria, and Morocco, ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help