INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

12 universities attend 2nd Solar Decathlon Middle East inaugurated by DEWA

Teams will compete in 10 contests during the decathlon.
  • Eight teams from these varsities to design, build and operate solar-powered homes.
  • The teams compete in 10 contests such as architecture, engineering and building, energy management and energy efficiency.

Dubai Electricity and Water Authority (DEWA) has inaugurated the 2nd Solar Decathlon Middle East (SDME) in which eight teams from 12 universities across the world are participating to design, build and operate smart and sustainable solar-powered homes that are suited to the region’s climate.

DEWA has organized the competition as part of the partnership between the Supreme Council of Energy and DEWA with the US Department of Energy.

SDME encourages the university teams to design, build, and operate sustainable models of cost-effective and energy-efficient solar-powered homes, with a focus on protecting the environment, taking into consideration the climate of the region.

The teams compete in 10 contests: architecture; engineering and building; energy management; energy efficiency; comfort conditions; house functioning; sustainable transport; sustainability; communications, and innovation.

Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy and MD&CEO of Dubai Electricity and Water Authority (DEWA), who inaugurated the event, said, “The UAE has become a destination for innovators and creative minds from all over the world. Organising the first and second Solar Decathlon Middle East in Dubai supports the vision to attract skilled and talented young people.”

HE said DEWA supports these efforts through major renewable and clean energy projects, most notably, the Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site solar power park in the world, with a planned capacity of 5,000 megawatts (MW) by 2030.