DEWA International expands energy ties with Greek firms

DEWA International expands energy ties with Greek firms -GCC Business News
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By Arya S Nair, Desk Reporter
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DEWA International has expanded its cooperation with leading Greek energy companies following a high-level visit by Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA) and Chairman of DEWA International.

Al Tayer led a delegation to Athens for meetings with senior executives of the Public Power Corporation (PPC) Group and METLEN Energy & Metals as part of DEWA International’s strategy to strengthen global partnerships in energy, renewable energy, and advanced electricity and water grid infrastructure.

The visit also supports DEWA International’s efforts to expand its international footprint by leveraging Dubai’s expertise in innovation and sustainability to advance transformative energy projects worldwide.

Al Tayer said that the transfer of Dubai’s successful energy sector model comes within the framework of enhancing Dubai’s global position and deepening cooperation between DEWA International and Greek companies operating in the energy sector, with the objective of exploring ways to develop global projects in renewable and clean energy, green hydrogen, energy efficiency, while showcasing the latest innovations and technologies adopted in conventional and clean energy projects.

During the meetings, Al Tayer highlighted DEWA’s global achievements in utility services, noting that the authority ranks first worldwide across 13 key performance indicators in its areas of operation. He emphasized the high efficiency of DEWA’s electricity network and the authority’s expertise in electricity transmission, distribution and the clean energy transition.

Al Tayer also outlined DEWA’s progress toward achieving net zero by 2050, noting that clean energy currently contributes more than 21.5% of Dubai’s energy mix.

He said the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest solar park based on the independent power producer model, is driving the transition by integrating photovoltaic and concentrated solar power technologies, battery storage and green hydrogen technologies. Al Tayer added that the share of clean energy is expected to rise to 36 percent by 2030, exceeding the original target of 25 percent.

He said the solar park has achieved four Guinness World Records, including the ‘Highest Capacity Single-Operator Concentrated Solar Power Plant’ at 700 megawatts, ‘The Tallest Concentrated Solar Power Tower’ at over 263 metres, the ‘Largest Thermal Energy Storage Plant’ with 15 hours of thermal storage, and the ‘Longest Continuous Concentrated Solar Power Plant Operation’.

Al Tayer also highlighted DEWA’s pumped-storage hydroelectric power plant in Hatta, the first of its kind in the Arabian Gulf region, with a generation capacity of 250MW and energy storage capacity of 1,500 megawatt-hours.

The delegation included Waleed bin Salman, Executive Vice President of Business Development and Excellence; Marwan bin Haidar, Executive Vice President of Innovation and the Future; and several senior DEWA officials.

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