INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Al Maktoum Solar Park key to achieving UAE’s net zero goal: DEWA

The Innovation Center supports DEWA's efforts to enhance innovation and creativity in clean and renewable energy (Image - WAM)
  • When completed, the park will reduce over 6.5 million tons of carbon emissions annually.
  • Dubai also launched the Net Zero Carbon Emissions Strategy 2050 to provide 100 percent of Dubai's total power capacity from clean energy sources by 2050.

Dubai Electricity and Water Authority (DEWA) is implementing the Mohammed bin Rashid Al Maktoum Solar Park clean and renewable energy project to achieve net-zero emissions by 2050.

Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world.

The solar park has a planned capacity of 5,000 megawatts (MW) by 2030 with investments up to AED50 billion.

When completed, it will reduce over 6.5 million tons of carbon emissions annually.

The UAE launched its strategic initiative for net-zero emissions by 2050, to become the first country in the Middle East and North Africa (MENA) Region to undertake such a strategic initiative.

Dubai also launched the Net Zero Carbon Emissions Strategy 2050 to provide 100 percent of Dubai’s total power capacity from clean energy sources by 2050.

The solar park hosts two pioneering projects: The Innovation Centre and the R&D Center.

The Innovation Center supports DEWA’s efforts to enhance innovation and creativity in clean and renewable energy and raise awareness on sustainability.

This is in addition to strengthening national capabilities and enhancing business competitiveness.

It also provides visitors with a unique experience to explore the latest innovations in clean energy technologies.

The R&D Centre supports DEWA’s efforts to anticipate the future, develop proactive, long-term plans to keep pace with the Fourth Industrial Revolution by developing disruptive technologies.

It has the largest and most comprehensive solar testing and certification facility in the UAE, and it operates the longest continuous testing of photovoltaic panels in the UAE in desert climate conditions.