DEWA to invest $23.4bn into energy sector over next five years ...United Arab Emirates

Dubai Electricity and Water Authority (DEWA), which has drawn considerable investments to the UAE from the private sector and foreign banks, says that it plans to invest $23.4 billion in the energy sector over the next five years. In an International Renewable Energy Agency report released earlier this year, DEWA said that it has attracted investments worth approximately $10.8 billion from the Independent Power Producer (IPP) model, which strengthens public-private partnerships. Through this model, DEWA has been able to receive the lowest global solar energy prices for five consecutive times, making Dubai a global benchmark for solar energy pricing. The UAE’s 2050 Energy Strategy aims to ach

Hence then, the article about dewa to invest 23 4bn into energy sector over next five years was published today ( Tuesday 03/11/2020 - 10:22 AM ) and is available on ME CONSTRUCTION NEWS ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( DEWA to invest $23.4bn into energy sector over next five years )

Also on site :

• Iranian media: “Israel” could drag UAE back into war quagmire
• Prince Archie celebrates his 7th birthday 5,000 miles away from the Royal Family - as expert claims his birth gave Harry and Meghan the 'energy to stand up for what was right for them'
• Lebanese Resistance targets Israeli forces in south Lebanon