Dubai Electricity and Water Authority (DEWA) has bagged two awards at the MENA Green Building Awards.
The authority won the Net Zero Building Project of the Year, for its Innovation Centre at the Mohammed bin Rashid Al Maktoum Solar Park; and the Sustainable Design Project of the Year for its new headquarters named ‘Al Shera’a’.
The ceremony was organised by the Emirates Green Building Council.
Highlighting the UAE’s efforts in transforming towards a sustainable and green economy, Saeed Mohammed Al Tayer, MD & CEO of DEWA said that Dubai Clean Energy Strategy aims to provide 75 per cent of Dubai’s total power capacity from clean energy sources by 2050.
"To achieve these goals, we develop pioneering clean and renewable energy projects such as the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world with a planned capacity of 5000MW by 2030; retrofitting more than 30,000 existing buildings in Dubai through Etihad Energy Services Company (Etihad Esco) to ensure energy efficiency, and the Shams Dubai initiative," he said.
Dubai has reduced carbon emissions by 22 per cent compared to business as usual, exceeding the target of 16 per cent by 2021, he added.
The UAE is looking to strengthen trade and investment ties with Canada following a visit to Toronto by Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi.
DEWA International has held talks with several leading French energy companies as it looks to expand its global presence following its launch last month.
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, and Maninder Sidhu, Canadian Minister of International Trade, have announced the conclusion of Comprehensive Economic Partnership Agreement (CEPA) negotiations between the two countries.
The United States is introducing new tariffs on imports from 60 trading partners, including the European Union, China, Japan and South Korea, in a move that could reshape global trade flows and supply chains.
A long-awaited US-India trade agreement could be signed within the next three to four months, a senior US official said on Wednesday, indicating negotiations between the two sides have been virtually completed.