More renewable-energy products could be made in the UAE as companies are looking to establish assembly plants in the country. In time, says one official, tenders in the sector might even require a level of locally made production.
Taher Diab, the senior director of strategy and planning at the Dubai Supreme Council of Energy, said that even though manufacturers would have to source their raw materials abroad, the UAE can be a hub for technology in the Middle East during a fundamental shift towards renewable energy.
He pointed to the growing number of solar companies that have shifted their manufacturing activities from Europe and North America to Asia.
“Dubai is evaluating the feasibility of establishing a Green Free Zone where developers and investors can converge and drive the development of solar technology, energy efficiency services and smart buildings equipment,” he said. “One day, we could see tenders floated in the market with specifications for UAE-made solar panels to support local green jobs.”
He said: “I can foresee Dubai attracting companies to set up assembly plants because it has favourable business conditions and the logistics to support it.”
A few Chinese companies, which have specialised in renewables, have shown interest in setting up assembly plants in the emirate. Saeed Al Tayer, the managing director and chief executive of the Dubai Electricity and Water Authority, said that there had been interest from a variety of companies.
“There are companies that will establish in the UAE either through a joint venture or on an individual basis,” he said, but did not disclose a time frame.
The Abu Dhabi start-up P7 Global is hoping to deliver renewable energy solutions, including solar-powered water-purification systems in remote areas. It has partnered with NordOest, a Norwegian consultancy focused on bringing cleantech Nordic companies to the UAE and wider GCC.
Amer Farid, P7’s managing partner, said the first step was ensuring the technology worked in the region’s harsh environment, followed by addressing local challenges. The company believes market growth hinges on aligning itself with groups such as the Red Crescent and utilities such as Adwea and Dewa. “That’s the way we feel we can support many of their efforts at addressing water scarcity issues around the globe and, of course, grow the market,” he said.
Mr Farid said that by doing this, P7’s operations could scale very fast. “The idea is to have the manufacturing/assembly base here, and it could be under 18 months if we get the traction and support. We want to use the UAE as a launch pad. The infrastructure is fantastic and the government support is here,” he said.
lgraves@thenational.ae
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UAE SQUAD
Mohammed Naveed (captain), Mohamed Usman (vice captain), Ashfaq Ahmed, Chirag Suri, Shaiman Anwar, Mohammed Boota, Ghulam Shabber, Imran Haider, Tahir Mughal, Amir Hayat, Zahoor Khan, Qadeer Ahmed, Fahad Nawaz, Abdul Shakoor, Sultan Ahmed, CP Rizwan
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
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Profile box
Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)
If you go
The flights Etihad (www.etihad.com) and Spice Jet (www.spicejet.com) fly direct from Abu Dhabi and Dubai to Pune respectively from Dh1,000 return including taxes. Pune airport is 90 minutes away by road.
The hotels A stay at Atmantan Wellness Resort (www.atmantan.com) costs from Rs24,000 (Dh1,235) per night, including taxes, consultations, meals and a treatment package.
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Baby Driver
Director: Edgar Wright
Starring: Ansel Elgort, Kevin Spacey, Jamie Foxx, Lily James
Three and a half stars
RESULTS
6.30pm Handicap (TB) US$65,000 (Dirt) 1,400m
Winner Golden Goal, Pat Dobbs (jockey), Doug Watson (trainer)
7.05pm Dubai Racing Club Classic Listed Handicap (TB) $88,000 (Turf) 2,410m
Winner: Walton Street, William Buick, Charlie Appleby.
7.40pm Dubai Stakes Group 3 (TB) $130,000 (D) 1,200m
Winner Switzerland, Tadhg O’Shea, Satish Seemar
8.15pm Singspiel Stakes Group 3 (TB) $163,000 (T) 1,800m
Winner Lord Giltters, Adrie de Vries, David O’Meara
8.50pm Al Maktoum Challenge Round-1 (TB) $228,000 (D) 1,600m
Winner Military Law, Antonio Fresu, Musabah Al Muhairi.
9.25pm Al Fahidi Fort Group 2 (TB) $163,000 (T) 1,400m
Winner Land Of Legends, Frankie Dettori, Saeed bin Suroor
10pm Dubai Dash Listed Handicap (TB) $88,000 (T) 1,000m
Winner Equilateral, Frankie Dettori, Charles Hills.
2019 ASIA CUP POTS
Pot 1
UAE, Iran, Australia, Japan, South Korea, Saudi Arabia
Pot 2
China, Syria, Uzbekistan, Iraq, Qatar, Thailand
Pot 3
Kyrgyzstan, Lebanon, Palestine, Oman, India, Vietnam
Pot 4
North Korea, Philippines, Bahrain, Jordan, Yemen, Turkmenistan
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