Search Site

Microsoft unveils ‘AI-ready’ PCs

The company's pivot to AI has been celebrated by Wall Street.

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

UAE energy ministry awards DEWA for research, innovation

A front view of DEWA office in Dubai.
  • DEWA was honored for its innovative grid-integrated system which regulates photovoltaic inverters for autonomous voltage.
  • The approach to innovation, research and development in renewable and clean energy is in line with government strategies, DEWA CEO said.

DUBAI, UAE – Dubai Electricity and Water Authority (DEWA) has been awarded first place in UAE Ministry of Energy and Infrastructure’s ‘Research and Innovation Award’ in the government sector category for its contributions in the field of balanced national energy.

The award recognizes DEWA’s consistent efforts in research, development and innovation.

The award was presented to a team from DEWA by Suhail Al Mazrouei, Minister of Energy and Infrastructure.

DEWA was honored for its innovative grid-integrated system which regulates photovoltaic inverters for autonomous voltage and enhances the performance of the grid with Distributed Renewable Energy Resources and ancillary services.

Saeed Mohammed Al Tayer, MD and CEO of DEWA, praised the Ministry of Energy and Infrastructure for launching the award, which promotes a culture of creativity and innovation in developing pioneering solutions to challenges in the energy, water, and infrastructure sectors.

Al Tayer said that DEWA’s approach to innovation, research and development in renewable and clean energy is in line with the government plans and strategies that prioritize the renewable and clean energy sector as a key pillar in achieving Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050.

Rashid Bin Humaidan, Executive Vice President of Distribution Power at DEWA, stated that the system developed by DEWA helps in integrating solar photovoltaic systems with the smart grid, improving network performance, increasing efficiency, and reducing network losses.

DEWA’s innovative projects in clean and renewable energy include energy storage, smart grids, integration of solar energy resources with distribution networks, and various sustainability-enhancing projects that contribute to the efficiency of clean energy resources.