A recent press release issued by a UAE company states that it has received a contract to build the largest rooftop solar project in the Middle East.
An oil rich country such as UAE, took a step further on shifting to renewable electricity knowing that the country’s most valued consumption that is oil is, afterall, a finite resource. Energy coming from solar, however, presents an endless possibility. At 6 cents per kilowatt hour, countries like Egypt, Jordan, Saudi Arabia and the UAE has been investing in utility scale projects on solar energy.
Reports states that ninety thousand solar panels, capable of generating between 30 and 40 megawatts is set to be installed on 19 rooftops in Dubai’s Jebel Ali free zone buildings, parking sheds and its surrounding areas.
The business for solar energy distribution becomes even more significant once this massive project takes off, leading the way for other local and international companies to capitalize on the current competitive nature of solar technology.
A bigger project such as this shows to prove that time and again, United Arab Emirates has the capabilities and expertise required to execute projects of this scale. More so, through strategic partnerships, local companies can co-develop projects that support decarbonization thus demonstrating regional leadership in future renewable energy.
Sheikh Mohammad Bin Rashid Al Maktoum, Prime Minister of the UAE and Ruler of Dubai’s goal is have the city with the smallest carbon footprint in the world by 2050, targeting 75% of its energy coming from renewable sources. He states that every investment in the development of green energy is an investment to protect the environment of the future generations.
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