Dubai may source 8 pc of power from renewables.

Dubai will source eight percent or at least 1000 megawatts of its over-all power requirements from renewable energy sources by next year, according to Saeed Mohammed Al Tayer, CEO and managing director of the Dubai Electricity and Water Authority (Dewa). Speaking on the sidelines of the State of the Green Economy report launch on Wednesday, Al Tayer said Dubai will beat its original target of providing seven percent of Dubai's total power output from clean energy sources by 2020. Al Tayer added that Dewa will invest Dh8 billion on energy projects this year, including the Mohammed bin Rashid Al Maktoum Solar Park, in line with the goal of increasing renewable energy production to 25 percent by 2030, and 75 percent by 2050. Dewa will also promote efficiency and...