Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Others

  • Ground breaking technology on show from 850 exhibiting companies from 40 countries 
  • Major water security milestones and investments announced for Abu Dhabi at International Water Summit
  • USD 45 million worth of contracts signed by Tadweer at EcoWASTE Exhibition 
Abu Dhabi, 22 January 2018:   More than USD 15 billion worth of projects and funding was announced at the World Future Energy Summit (WFES) and its co-located events, the International Water Summit and EcoWASTE Exhibition, which took place during Abu Dhabi Sustainability Week 2018 from 15 – 18 January, hosted by Masdar. The deals, which combined a number of local, regional and international agreements, strengthen the UAE's position for advancing renewable energy and clean technology.
With WFES entering its 11th year, the event established a new direction for the energy ecosystem, bringing together global innovators, industry leaders and policy makers to shape the transformation of the industry. Over the four days, 850 exhibiting companies from 40 countries welcomed more than 33,000 attendees. More than 100 start-ups participated in WFES 2018, where over 10,000 pre-arranged business meetings were held. Exhibiting companies and a total of 18 national pavilions showcased some of the world's latest and most advanced technologies, which are expected to play an integral part in the future of the energy industry.
Naji El Haddad, Group Event Director for the Middle East at Reed Exhibitions, said: “As a business-first event that provides a global platform for all those involved in the energy sector, the World Future Energy Summit 2018 has proven one of the most successful editions to date. The figures speak for themselves and have exceeded all expectations.
“These business successes were bolstered by new additions, including the Climate Innovations Exchange, pairing cleantech innovators with international investors. Our new Dialogue Hall that hosted the conferences also brought a cutting-edge and engaging platform for speakers and delegates,” El Haddad added. 
During the four-day World Future Energy Summit, the International Solar Alliance hosted its first-ever gathering in Abu Dhabi, and signed a letter of intent with YES Bank for its first financing commitment of up to USD 5 billion by 2030. The organization also signed nine solar projects across five ISA member countries, including UAE, Saudi Arabia, Nigeria, India and Spain.
Saudi Arabia announced its intention to launch up to USD 7 billion worth of renewable energy projects in 2018, as part of the country's plan to have 9.5 gigawatts (GW) of solar and wind capacity installed by 2023. The majority of the funding is expected to be spent on solar plants, with four (GW) of solar energy projects to be contracted throughout the year. 
Held in the Dialogue Hall at ADNEC, the WFES conference hosted high-level speakers, including local ministers and foreign dignitaries, such as H.E. Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, and Turki Al Shehri, Head of the Renewable Energy Project Development Office (REPDO) at the Ministry of Energy, Industry and Mineral Resources (MEIM) in Saudi Arabia. A range of experts presented at the new Dialogue Hall, including Tarik Hamame, an advisor at the Moroccan Agency for Sustainable Energy (Masen), and technology futurist Ian Khan. 
International Water Summit
The sixth edition of the International Water Summit, held in strategic partnership with Abu Dhabi Water & Electricity Authority (ADWEA), saw the announcement of two landmark water-related projects. Firstly, ADWEA announced the completion of a USD 435 million strategic desalinated water reserve in the capital. Constructed in the Liwa region, the megaproject will house 26 billion liters and is the world's largest manmade water reserve.
On day two, ADWEA announced a USD 1.2 billion project to build the world's largest reverse osmosis water desalination plant in Abu Dhabi, with operations set to begin in October 2021. The greenfield reverse osmosis seawater desalination plant will have a capacity of 200 million imperial gallons of water per day, and will be located at the Taweelah power and water complex, approximately 45 kilometres north of the capital.
IWS saw the third edition of the Rain Enhancement Awards celebrate the most promising research projects, with three research groups from the USA, Russia and China receiving grants of USD 5 million. The annual award programme helps tackle challenges surrounding global water stress by encouraging and facilitating innovative solutions. 
EcoWASTE Exhibition
Abu Dhabi's Centre of Waste Management (CWM) - Tadweer announced five contracts totaling USD 45 million of investment in waste management projects during the EcoWASTE Exhibition. The contracts, signed with a range of local and international private companies, are set to expand environmental waste solutions throughout the emirate, as well as generate significant job opportunities. 
Contractors that signed with CWM Tadweer include Green Energy Solutions & Sustainability LLC, which will implement the Middle East's first Landfill Gas to Energy project that will produce around 5 megawatts of energy by September 2018.
Meanwhile, Masdar and Bee'ah announced financing commitments that had been secured for the Sharjah Multi-Fuel Waste-to-Energy Facility. The facility comes as part of the Emirates Waste to Energy Company – a joint venture between Masdar and Bee'ah – and will have the capacity to treat 300,000 tonnes of waste and a power capacity of 30 MW.  
The World Future Energy Summit will return in 2019 from January 14 to January 17. 

Posted by : GoDubai Editorial Team
Viewed 14494 times
Posted on : Monday, January 22, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story :
Next Story :
Email this article Print this article

Share this article with your friends and followers


Back to Top  
Most Viewed Press Release posted in the last 7 days
Filorga Launches Lift Range
Top Perfume Picks for Mother's Day @ Glambeaute.com
Nissan's e-POWER technology wins environmental award
The Sheet Mask Trend
The Global Sensation UFO Lands in Europe at Cosmoprof 2018
Max launches its Inaugural Abaya Collection
Mother's Day Offer from Blush N Curls Salon
It's Mother's Day!
Drink yourself to looking younger with Skinade
Al-Futtaim Honda launches 10th generation Honda Accord
Discover the MISA Cho Gong Jin Oriental and Herbal Skincare Range from Missha
LULU Organic Food Activation
Corporate Power Dressing redefined at Kachins Signature
The V-Tox Facial by Linda Meredith Skincare
An Open Secret - The new Flying Regulator Open Gear provides deep insights
The only line you'll love in your face – your perfect jawline!
GMC sets a new GUINNESS WORLD RECORDS title in partnership with Abu Dhabi Police
OMEGA Launches its NATO Strap “Pop-Up Boutique” in Paris
UAE Jiu-jitsu Federation® Conducted the Official Weigh-ins of Abu Dhabi Grand Sl...
Reading Champions Declared at 10th Emirates Airline Festival of Literature
Cadillac Alghanim kicks off world-class opportunity in Kuwait
A Meet & Greet with the Pakistani Cricket Sensation Umar Akmal
ba&sh's Spring-Summer collection 2018
Own your pores like a Bioré Princess!
Milan-san Remo a Dream Target as Uae Team Emirates Announce Super-seven Line Up
Raymond Weil introduces the Maestro Blues
GUESS Unveils the Kids Spring 2018 Collection and Campaign
The Dubai Mall unveils Fashion Avenue; the region's most prestigious luxury des...
The Spring Summer 18 Womenswear Collection
Beyond Beauty partners with Platinum Records to position teen sensation Hala Al ...
Awqaf and Minors Affairs Foundation Attracts 1200 Emirati Job Seekers at Careers...
UAE's first ICU Symposium attracts over 150 of GCCs top healthcare professionals
Sanofi introduces innovative therapy to help address high unmet medical needs of...
Join the UAEs first Women's Warrior Challenge.
10th Emirates Airline Festival of Literature Ends with a Bang!
Velvet Caviar meets Roger Dubuis Diva power
PCFC, GDRFA conclude Successful Marriage program ahead of 7th Mass Wedding
SOUQ welcomes 3M's innovative products to serve everyday customer needs
ISNR Abu Dhabi 2018 closes on a high note, attracts record numbers of exhibitors...
Alexey Firsov Solo Exhibition
From Jade to Diamond
Scuderia Ferrari Father & Son Gift Set
Agreement signed in the presence of His Highness Sheikh Mohammed Bin Zayed Al Na...
Dubai ranked amongst the world's top destinations for FDI in the real estate market
Centrepoint Partners With Anghami To Launch New Talent Sessions
Business of beauty goes green at Beautyworld Middle East 2018 as Natural & Organ...
Lufthansa Group achieves best result in its history
10 Must-see Activities at Dubai International Horse Fair This Week