DEWA And Drydocks World Sign MoU To Cooperate In Renewable Energy And Asset Management

DUBAI, 10th May, 2018 – Dubai Electricity and Water Authority (DEWA) has signed a Memorandum of Understanding (MoU) with Drydocks World, a DP World company, to collaborate in renewable energy projects and exchange expertise and best practices in asset management and maintenance, as well other programmes and activities of mutual interest. This is part of DEWA’s efforts to enhance strategic partnerships with government departments and organisations.

The MoU was signed by Saeed Mohammed Al Tayer, MD & CEO of DEWA, and Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World.

“At DEWA, we are committed to working closely with government departments and organisations. We are pleased to sign this MoU with Drydocks World to share our expertise in solar power within the framework of Shams Dubai initiative, which DEWA launched to connect photovoltaic systems in buildings with its grid. This supports Dubai’s global leading position in clean energy and green economy and contributes to achieving the Smart Dubai initiative to make Dubai the smartest and happiest city in the world. These joint efforts to use solar power also support the Dubai Clean Energy Strategy 2050 to provide 75% of Dubai’ total power output from clean energy sources and make Dubai the city with the lowest carbon footprint by 2050,” said Al Tayer.

“Through this MoU, we will also cooperate in asset management and maintenance. DEWA is the first government utility in the world to receive the Certificate for Asset Management for the integration of high quality asset management in operations related to the generation, transmission, and distribution of electricity and water. The certificate recognises DEWA for implementing the highest standards of asset management infrastructure in these operations. We look forward to fruitful and effective cooperation with Drydocks World, to achieve our common goals of serving our beloved nation,” added Al Tayer.

“Drydocks World is a strong proponent of environmental conservation in maritime development. Aligning our clean energy initiatives at DP World with DEWA will enhance the yard’s commitment to preserving to the marine environment, and to consolidating Dubai’s position as a global centre for sustainability, in conjunction with the UAE’s objectives. Drydocks World strives to be at the forefront of sustainability, and through this memorandum with DEWA, we will create a united pursuit towards the city’s goal of being a global hub for clean energy and transitioning to a green economy,” said Bin Sulayem.