Dewa and Desolenator have already installed a pilot desalination plant powered by solar energy at the Jebel Ali power plant and desalination complex, which has a minimum production capacity of 1,000 litres per day. Photo: Dewa
Dewa and Desolenator have already installed a pilot desalination plant powered by solar energy at the Jebel Ali power plant and desalination complex, which has a minimum production capacity of 1,000 litres per day. Photo: Dewa
Dewa and Desolenator have already installed a pilot desalination plant powered by solar energy at the Jebel Ali power plant and desalination complex, which has a minimum production capacity of 1,000 litres per day. Photo: Dewa
Dewa and Desolenator have already installed a pilot desalination plant powered by solar energy at the Jebel Ali power plant and desalination complex, which has a minimum production capacity of 1,000 l

Dewa and Dutch start-up Desolenator to build solar-powered desalination system


Alvin R Cabral
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The Dubai Electricity and Water Authority (Dewa) has signed a partnership agreement with Dutch start-up Desolenator to build a carbon-neutral water purification and desalination system that is completely powered by solar energy.

The cost-efficient system is estimated to produce potable water at less than $0.02 per litre, the Dubai utility said on Tuesday.

It said the companies had already installed a pilot plant at the Jebel Ali power plant and desalination complex, which has a minimum production capacity of 1,000 litres per day.

“We are working to make Dubai a global model for clean energy and green economy by adopting the technologies of the Fourth Industrial Revolution and disruptive technologies," Saeed Al Tayer, managing director and chief executive of Dewa, said.

Dewa's initiatives will help Dubai to "exceed the globally defined target regarding the use of clean energy in water desalination", he added.

The UAE depends heavily on desalination to supply water for drinking and industrial purposes.

Up to 42 per cent of the UAE's potable water comes from about 70 major desalination plants. These account for about 14 per cent of the world's total production of desalinated water, government data shows.

The Jebel Ali power station is among the major desalination centres in the UAE. Others include the Shuweihat S2 power and water plant in Abu Dhabi, the F2 plant in Fujairah and, more recently, the $797 million Naqa’a plant in Umm Al Quwain.

The UAE also launched the Water Security Strategy 2036 in 2017, which seeks to reduce total demand on water resources by 21 per cent, increase the reuse of treated water to 95 per cent and develop a storage capacity for more than 45 days in extreme emergencies.

Dewa's production capacity of desalinated water is currently at 490 million imperial gallons per day.

The utility has set a goal to ensure that 100 per cent of Dubai’s production of desalinated water comes from a mixture of clean energy — which combines renewable energy sources and waste heat — by 2030.

Dewa's collaboration with Desolenator is part of its participation in the Dubai Future Accelerators programme, one of the initiatives under Dubai Future Foundation.

"To address the global water and climate crisis, we need new forms of collaboration between innovators and organisations. Dewa has shown the vision and support that stands as a great example for the world,” said William Janssen, chief executive of Desolenator.

Desolenator, which has offices in Dubai and London, currently operates in 10 regions. Its company profile says it can purify any water source — including seawater, brackish and heavy-metal contaminated — into potable water, using 100 per cent solar power.

Its customers include the Belgian brewery AB InBev and the online travel agency Booking.com.

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Company%C2%A0profile
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

Updated: September 20, 2022, 9:15 AM