DEWA had posted a net profit after tax of $1.96 billion for the full year 2024.

In 2023, DEWA's revenue exceeded $7.8 billion, its highest ever.

The system demand for power surged to 56.5 TWh in 2023.

Dubai, UAE -- Dubai Electricity and Water Authority (DEWA)’s EV Green Charger initiative witnessed a 59 percent increase in the usage of its Green Charger services for electric vehicles throughout 2023.By 31 Dec 2023, DEWA’s EV Green Charger initiative, aimed at promoting green mobility, recorded 1.14 million charging sessions conducted...

“We're witnessing strong, growing, and sustainable demand for energy and water in Dubai. In 2023, the peak electricity load rose by 9 percent, and peak water demand increased by 5 percent. This growth stems from urban development, economic expansion, and a steady rise in population," he adds.

Dubai, UAE--The Dubai Electricity and Water Authority (DEWA) has laid over 364 kilometres of fibre optic (FO) ducts across different areas in Dubai in 2023. The expansion has increased the total length of these cable ducts to 3,998 kilometres, a 10% increase compared to 2022.This initiative aligns with DEWA's commitment...

It commissioned 1,414 substations of 11kv in Dubai.

The US$3m-contract is for the laying of GRE pipes in Hatta.

Abu Dhabi, UAE--UAE stocks generated strong cash flows Monday, with market liquidity surpassing $272 million. International Holding Company (IHC) and Dubai Electricity and Water Authority (DEWA) topped the market in terms of number of transactions.The Abu Dhabi Securities Exchange (ADX) gained $241.25 million in liquidity, as compared to the $31.31...

Dubai, UAE-- The UAE and South Korea Korea are looking to boost ties in the water sector and in this regard the Ministry of Energy and Infrastructure (MoEI) received a delegation from Korea’s Ministry of Environment to discuss the latest developments and share experiences in the sector.As part of the...

DUBAI, UAE -  Dubai Municipality and Dubai Electricity and Water Authority (DEWA) have signed an agreement on the sides of the UN Climate Conference (COP 28) to cooperate in a project to generate electricity from biogases extracted from the landfill in Muhaisnah 5.The signing supports Dubai’s leading sustainability practices and...

Dubai, UAE-- With its financing packages for the renewables sector to support the transition to clean and sustainable energy sources, Emirates Development Bank (EDB) underscores its commitment to driving the development and growth of solar power adoption across the emirates.The bank, in line with the UAE Energy Strategy 2050 which...

The company posted an operating profit of US$1bn.

Dubai, UAE-- Dubai Electricity and Water Authority (DEWA) has held discussions with a delegation from Germany on how to boost cooperation in clean and renewable energy.In this regard, Saeed Mohammed Al Tayer, MD and CEO of DEWA), received a high-level delegation from the German region of Lusatia, led by Silke...

The company had reported a net profit of $540 million for Q2.

Dubai, UAE -- Dubai Electricity and Water Authority (DEWA) Tuesday signed a 30-year water purchaser agreement worth SAR 3.42 billion ($911 million) with Saudi Arabia’s ACWA Power for phase 1 of the Hassyan sea water desalination project using solar power. The project is part of DEWA’s efforts to increase its...

Dubai, UAE - Dubai Electricity and Water Authority (DEWA) commissioned the 200MW second unit of the parabolic basin complex in fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, local media reports said.This phase uses the Independent Power Producer (IPP) model with investments of up to AED 15.78...

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has adopted Microsoft Power Platform and its AI-powered tool Copilot to build smart programs and applications to support its operations.The move is part of DEWA’s efforts to utilise the latest global technologies in all areas and benefit from the capabilities of generative AI...

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has pressed into service seven new 132 transmission substations in the first half of 2023, in line with its ongoing efforts to enhance the reliability and availability of the energy transmission system in the Emirate. The projects included 36 kilometres of 132kV ground...

Dubai, UAE - Brokerage firms in the Dubai Financial Market (DFM) witnessed a substantial influx of New Investor Numbers (NIN), totaling 34,818 during the first eight months of the current fiscal year.This surge comes amidst heightened market activity following the listing of ten government and semi-government entities, including the Dubai...

The liquid enhances efficiency of energy storage systems.

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer said on Wednesday that Saudi Arabia’s ACWA Power is the “preferred bidder” for the construction and operation of the 180 Million Imperial Gallon per Day (MIGD) Sea Water Reverse Osmosis Hassyan Phase 1...

Dubai, UAE -- In a step towards its clean energy ambitions, the Dubai Electricity and Water Authority (DEWA), has announced Abu Dhabi Future Energy Company (Masdar) as the Preferred Bidder for the development and operation of the 1,800MW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park.The project,...

Dubai, UAE - Dubai Electricity and Water Authority (DEWA) commissioned 676 11kV distribution substations across Dubai in the first half of 2023.The construction of the substations and associated tasks for new customers required a combined effort of 505,684 man-hours.“We provide an advanced and integrated electricity and water infrastructure to keep...

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has called on the public to take all necessary measures to avoid the risk of fire due to misuse of electrical appliances and connections with increasing temperatures in summer or failure to conduct periodic maintenance.DEWA called on customers to use its smart services...

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has received the net-zero statement of verification and assurance certificate in recognition of its relentless efforts in climate action.This followed a comprehensive assessment conducted by W3 Solutionz - USA through CanaGulf International Standardization, based on the International Workshop Agreement Guidelines IWA...

Guangdong, China - A DEWA delegation led by Al Tayer, MD and CEO DEWA, discussed enhancing cooperation and exchanging experiences in energy storage, smart grids, digital transformation, cloud computing, and electric vehicle charging station with Huawei in China.Digital DEWA and Huawei signed an MoU which focuses on accelerating digital transformation,...

Dubai, UAE - Dubai Electricity and Water Authority (DEWA) in the UAE has recently announced that its 3D printing efforts have resulted in significant cost savings of AED 509,658 ($137,000) during the years 2021 and 2022. The organization successfully produced over 1,800 spare parts for various divisions including generation, transmission, and...

DUBAI, UAE- Dubai Electricity and Water Authority (DEWA) said the MENA Solar Conference (MENA-SC) which it organizes from November 15-18 2023, will discuss six innovative research areas. Prominent experts, specialists and researchers worldwide will highlight the latest developments, technologies and scientific research in solar power, local media reports said.The four-day...

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has exhorted community members to ensure that safety standards are always in place in their homes, especially before traveling or being away for long periods. DEWA urged its customers to follow its tips and guidelines to improve the efficiency of electricity and water...

Dubai, UAE -- Dubai Electricity and Water Authority (DEWA) has developed an in-house, versatile gateway that can connect terrestrial sensors to satellites and ground networks. The gateway was developed by DEWA's Research and Development (R&D) Centre as part of the Space-D program.The gateway has various physical, operational technology (OT) connectivity...

The brokerage firms added 26,953 new accounts in H1.

Dubai, UAE - Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) and Christian Klein, CEO and member of the Executive Board of SAP-SE, a leading global software corporation, Wednesday discussed collaboration and ways to enhance the digital transformation of the utility sector. They also...

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) has commissioned six new 132/11 kV transmission substations from January to the end of April 2023 with a conversion capacity of 900 megavolt-amperes (MVA), and a cost of US$151 million (AED555 million).The new transmission substations are in Al Jaddaf, Tilal Al...

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) ’s Research and Development (R&D) Center has developed an advanced, smart facility to simulate various leakage cases of water transmission pipelines.This allows evaluation, development and testing of new leak detection techniques.The center developed the facility using software and hardware, based on...

Dubai, UAE: Dubai Electricity and Water Authority (DEWA) on Thursday received two bids from ACWA Power and Masdar with the latter submitting the lowest bid of $1.62154 cents per kilowatt hour (kWh) for the 1,800MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park. The arrangement will be based...

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) extended water transmission pipelines of 64 kilometers lengths in several areas here in 2022 at a cost of around US$97 million (AED 358 million).The pipelines have a diameters of 600, 900 and 1200 mm in different areas across Dubai.The transmission pipeline...

Dubai, UAE - The Dubai Financial Market (DFM) on Monday announced the offering of futures contracts on its General Index (DFMGI), which includes the most liquid and largest companies listed on the DFM. The listing and trading of DFMGI futures commenced on Monday.Trading futures contracts on the DFMGI offers investors...

Dubai, UAE-- In order to increase Dubai's water security and keep pace with the increase in demand, Dubai Electricity and Water Authority (DEWA) has commissioned a water reservoir in the Lusaily area. The project has a storage capacity of 60 million imperial gallons (MIG) and investments totalling $42.85 million.Saeed Mohammed...

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) is looking to cooperate with World Smart Sustainable Cities Organization (WeGO) in urban sustainability, smart technologies and innovate solutions in order to achieve sustainable development goals.In this regard, Saeed Mohammed Al Tayer, MD and CEO of DEWA welcomed a high-level delegation from WeGO....

The goal is to create a prosperous digital economy, built upon a robust digital infrastructure and a regulatory and legislative framework, says UAE Minister of State for AI.

Dubai, UAE--DEWA and Huawei are looking to develop new technologies and solutions to boost efficiency and sustainability in the electricity and water sectors, improve user experience and provide more efficient, safe and sustainable services.The strengthening of the partnership came up in a meeting between Saeed Mohammed Al Tayer, MD &...

Dubai, UAE: Dubai Electricity and Water Authority (DEWA) announced the pilot use of ChatGPT, since April 2023, on its website through Rammas, DEWA’s virtual employee, to enhance customer experience.The step has been taken as part of the company’s strategy to employ Artificial Intelligence (AI) technologies across all its operations and...

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) has added Samsung Pay to its many options for customers to pay their bills conveniently and securely on various digital channels.DEWA is the first government entity in Dubai to adopt the Samsung Pay option within its digital channels. Users can benefit...

Dubai, UAE - Dubai Electricity and Water Authority (DEWA) has added 200 MW of clean energy from the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park ahead of schedule. With this addition, the solar park's current production capacity is now at 2,327MW using photovoltaic solar panels and Concentrated...

Dubai, UAE— Dubai Electricity and Water Authority (DEWA) and Xanadu, a Canadian quantum computing company, are considering strategic cooperation in order to develop solutions for enhancing the reliability of energy systems.In this regard, Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), met with Dr....

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) which is listed on the Dubai Financial Market (DFM) on Monday reported that its shareholders approved the payment of total dividend of US$1.29 billion (AED 4.77 billion) with a record date of April 20, 2023.This approval came during DEWA’s general assembly,...

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has completed preparations to launch its second nanosatellite for remote sensing applications in April 2023.The 6U nanosatellite is part of DEWA’s Space-D programme. DEWA Sat-2 will be launched by SpaceX Falcon 9 rocket from Vandenberg Air Force Base in California, USA. The nanosatellite...

DUBAI, UAE -  MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer discussed enhancing cooperation with top leadership of Siemens Energy here.Al Tayer met with Anne-Laure de Chammard, Member of the Executive Board of Siemens Energy AG, and Dietmar Siersdorfer, Managing Director of Siemens Energy...

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority Saeed Mohammed Al Tayer discussed the latest advancements in smart grid technology with CEO of Grid Software at Siemens Sabine Erlinghagen.The meeting was attended by senior officials from DEWA and Siemens.The two sides discussed the latest developments in...