DUBAI – A Memorandum of Understanding (MoU) between the Dubai Electricity and Water Authority (DEWA) and the International Renewable Energy Agency (IRENA) was singed at the Grand Hyatt Wednesday. Saeed Mohammed Al Tayer, MD & CEO of DEWA and Adnan Amin, Director General of IRENA, signed the MoU in the presence of senior officials from both parties and several representatives of governmental departments. The MoU also aims to realize the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote sustainable development in the emirate. It aims to promote sustainable renewable energy deployment and further strengthen Dubai's position as a sustainable environment. Under the MoU, DEWA and IRENA will develop and implement policies and energy strategies to accelerate renewable energy implementation. “This MoU aims to provide a framework and facilitate collaboration between both parties, to promote renewable energy deployment, and support the development and implementation of the required policies and regulatory frameworks that will help to realize the potential for synergies through our joint activities while serving the objectives of both our organizations. It also aims to support our efforts to develop and implement suitable policies and energy strategies for accelerating renewable energy deployment and share best practices and expertise,” said Al Tayer. “The MoU supports the Dubai Integrated Energy Strategy 2030, which was formulated by the Supreme Council of Energy for Dubai to diversify the energy mix of the Emirate to be 71 percent Gas, 12 percent Nuclear Energy, 12 percent Clean Coal, and 5 percent Solar Energy by 2030, while reducing energy consumption by 30 percent,” Al Tayer added. – SG
