This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Dubai Supreme Council reviews progress in clean energy projects

  • The meeting discussed the progress of the Hatta hydroelectric power plant, which DEWA is building and is 70 percent complete.
  • The meeting also discussed the operation of the region’s first green hydrogen production facility to support diversifying energy sources.

DUBAI, UAE –  Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 76th meeting of DSCE which was held virtually in the presence of Saeed Mohammed Al Tayer, Vice Chairman of the Council.

Saeed Mohammed Al Tayer, also the MD and CEO Dubai Electricity and Water Authority (DEWA) said, “We work in line with the vision and directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in all strategic renewable and clean energy projects that we implement.”

He said, “We attach great importance to research and development in sustainability and renewable energy, including photovoltaic solar panels, concentrated solar power, hydroelectric power, and green hydrogen, among others.”

The meeting discussed the progress of the Mohammed bin Rashid Al Maktoum Solar Park phases, in accordance with the Dubai Clean Energy Strategy 2050 and the Dubai 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’s production capacity has reached 2,327 megawatts (MW) in addition to 533 MW underway.

DEWA also announced the 1,800MW sixth phase, of the solar park to reach 5,000 MW of production capacity by the end of 2030.

The Mohammed bin Rashid Al Maktoum Solar Park includes a Research and Development Center specializing in developing photovoltaic cells, storage batteries and improving the efficiency of solar panels.

The meeting also discussed the progress of the Hatta hydroelectric power plant, which DEWA is building and is 70 percent complete.

The meeting also discussed the operation of the region’s first green hydrogen production facility to support the strategy of diversifying energy sources and promoting sustainable development and a green economy.

As part of its Space-D program, DEWA has launched the latest nanosatellites supporting its cloud computing network.

This enhances the digitalization of the power and water networks, increases the efficiency and effectiveness of planning, operation and preventive maintenance for the generation, transmission, and distribution divisions; smart grids and electric vehicle charging stations.

It also helps in research into the concentration of solar radiation and integrating them with power plant operations using Artificial Intelligence.

Secretary-General of the Dubai Supreme Council of Energy Ahmed Buti Al Muhairbi said, “During the meeting, we were briefed by Emirates Gas on their initiative to introduce LPG composite cylinders to the local market in Dubai.”

He said, “These are highly safe and lightweight. A total of 5,000 cylinders were introduced in different areas of Dubai. The release of 5,000 cylinders in different regions of the Emirate was met with great demand from consumers.”

He added, “A team from Emirates Gas is spreading awareness and promoting the benefits of the shift from steel gas cylinders to composite gas cylinders to ensure safety and ease of use.”  

Board members Dawood Al Hajri, Director General of Dubai Municipality; Abdulla bin Kalban, Managing Director of Emirates Global Aluminium (EGA); Saif Humaid Al Falasi, CEO of Emirates National Oil Company (ENOC); Juan-Pablo Freile, General Manager of Dubai Petroleum; and Hussain Al Banna, Acting CEO of the Strategy & Corporate Governance Sector at the Roads & Transport Authority (RTA) also attended the meeting.