Dubai, (IINA) - Dubai Electricity and Water Authority (DEWA) is organizing the first Dubai Solar Show in conjunction with the 18th Water, Energy, Technology, and Environment Exhibition (WETEX 2016), WAM reported.
WETEX 2016 is organized under the directive of Sheikh Mohammed Al-Maktoum, Vice President and Prime Minister of UAEand Ruler of Dubai, and it well be held under the patronage of Sheikh Hamdan Al-Maktoum, Minister of Finance and President of DEWA.
Dubai Solar Show, which is set to take place in October 2016 at the Dubai International Convention and Exhibition Center, will cover approximately 13,000 square meters and will attract exhibitors from around the world.
Saeed Al-Tayer, CEO of DEWA, made the announcement at a press conference at the Grand Hyatt Hotel in Dubai. "I am pleased to welcome you to this conference to announce the first Dubai Solar Show, which will be organized by Dubai Electricity and Water Authority in conjunction with the 18th WETEX, from October 4-6, 2016".
Al-Tayer pointed out that analysts expect that by 2030, the solar market will increase ten-fold, and solar energy will become the dominant electricity source in the world. Solar energy is forecasted to generate $5 trillion in revenue over the next 15 years, displacing large amounts of fossil fuels.
He further stated: "The UAE, under the directives of our wise leadership, has taken an early start to bid farewell to the last drop of oil. At DEWA, we encourage research and development in solar energy. DEWA Innovation Center will oversee research and development projects with a total investment of AED 500 million [$136 million]. We will also host the Solar Decathlon Middle East, which was created through an agreement between the Dubai Supreme Council of Energy and Dubai Electricity and Water Authority, and the United States Department of Energy. Participants will be university students from all over the world. Dubai will host the first two rounds of the Solar Decathlon, which is being held for the first time in the Middle East and Africa. Dubai will host the first decathlon in 2018 and again in 2020 to coincide with World Expo in Dubai, whose theme 'Connecting Minds, Creating the Future’ fits well with this distinguished international competition".
Al-Tayer added that organizing the show, in conjunction with WETEX and the World Green Economy Summit, is a chance to reach thousands of exhibitors, participants, officials, and decision makers in the UAE, the Arabian Gulf, and the Middle East as a whole.
AG/IINA
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