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 position 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
 Feb 26 2015 - Jordan- King departs for CairoJordan News Agency
(MENAFN - Jordan News Agency) Amman Feb. 26 (Petra)- His Majesty King Abdullah II on Thursday left for Cairo on a visit to Egypt during which he will hold talks with Egyptian President Abdul Fattah ...

 Feb 26 2015 - Jordan- 688 dead 14000 injured in traffic accidents in 2014Jordan News Agency
(MENAFN - Jordan News Agency) Amman Feb. 26 (Petra)Statistics issued by the Central Traffic Department (CTD) Thursday showed that the number of traffic accidents and deaths had declined in 2014 ...

 Feb 26 2015 - Jordan- Conference on women in Sharia concludes meetingsJordan News Agency
(MENAFN - Jordan News Agency) Amman Feb.26 (Petra) - The closing session of Women in Sharia" conference which concluded meetings Wednesday evening discussed challenges faced by workers in the defense ...

 Feb 26 2015 - Jordan condemns burning of church in Jerusalem by Jewish extremistsJordan News Agency
(MENAFN - Jordan News Agency) Amman Feb. 26 (Petra)Minister of State for Media Affairs Mohammad Al Momani Thursday condemned the burning of a church by Jewish extremists in occupied Jerusalem earlier ...

 Feb 26 2015 - Jordan NATO discuss ties counter- terrorism effortsJordan News Agency
(MENAFN - Jordan News Agency) Amman Feb. 26 (Petra)Secretary-General of the Ministry of Foreign Affairs and Expatriate Affairs Mohammad Bani Yaseen and NATO Assistant Secretary General for Emerging ...

 Feb 26 2015 - Lebanese economy to grow 2.2 percent in 2015MENAFN
(MENAFN) Lebanon anticipates its economy to grow 2.5 percent in 2015, according to finance minister, after reporting a Eurobond of USD2.2 billion, the largest issue in the country's history, ...

 Feb 26 2015 - UK's Carillion wins USD590m Dubai construction contractsMENAFN
(MENAFN) UK builder Carillion said that it selected Al Futtaim Carillion as its most preferred bidder for two construction contracts valued at USD590 million, Arabian Business reported.The ...

 Feb 26 2015 - Over 2140 more Egyptians return from LibyaDaily News Egypt
(MENAFN - Daily News Egypt) By Marina Makary Egyptians returning from Libya through the Salloum border in the past 24 hours have numbered 2140 state media reported. Cairo International Airport also ...

 Feb 26 2015 - Egypt- TV journalists detained for airing alleged government leaksDaily News Egypt
(MENAFN - Daily News Egypt) The Supreme State Security Prosecution decided Wednesday to renew the detention of two journalists affiliated with Mekameleen TV channel which aired leaked statements by ...

 Feb 26 2015 - Qatar- HH the Emir Meets U.S. Secretary of StateQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani met at his residence in Washington with U.S. Secretary of State John Kerry. Discussions during the meeting dealt with the overall events ...

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