Latest / DEWA Podcasts / DEWA International Strengthens Global Partnerships and Expands International Operations in the UK
Transcript
- 0:00Diwa International is expanding its international
- 0:02operations through a high -level visit to London.
- 0:06The delegation was led by His Excellency Saeed
- 0:10Mohammed Al -Tayyar, MD, and CEO of Dubai Electricity
- 0:14and Water Authority and Chairman of Diwa International.
- 0:18In London, the delegation met senior leadership
- 0:22from ING and ACTIS to strengthen global partnerships
- 0:26and deepen cooperation with companies specialized
- 0:29in infrastructure investments. The delegation
- 0:33also included Walid bin Salman, Executive Vice
- 0:36President of Business Development and Excellence,
- 0:39and Marwan bin Haidar, Executive Vice President
- 0:42of Innovation and the Future at Diwa, together
- 0:45with several senior officials. During the visit,
- 0:49His Excellency Saeed Mohammed Al -Tayyar highlighted
- 0:52Diwa International's framework and said that
- 0:55Under the vision and directives of His Highness
- 0:57Sheikh Mohammed bin Rashid Al Maktoum, Vice President
- 1:00and Prime Minister of the UAE and Ruler of Dubai,
- 1:04Dubai has become a global capital for economy,
- 1:07trade and innovation, and a leading model in
- 1:10sustainable development. He explained that Diwa
- 1:14International was recently established to strengthen
- 1:17Dubai's global position and transferred Diwa's
- 1:20proven expertise and successful operating model
- 1:24to international markets. Leveraging Diwa's capabilities
- 1:28in project development, finance, technology,
- 1:32digital innovation, project management and operations,
- 1:36it plans to develop, finance, deliver and operate
- 1:41power and water infrastructure projects around
- 1:44the world. He also emphasized Diwa's performance
- 1:48record. Diwa ranks first globally across 13 key
- 1:53performance indicators for utility service performance
- 1:56and holds two leading regional positions in production,
- 2:00transmission and distribution and customer service.
- 2:04Diwa achieved a world record in electricity customer
- 2:07minutes lost at just 0 .82 minutes, about 49
- 2:12seconds, per year. It also recorded electricity
- 2:16transmission and distribution losses of 2%. and
- 2:20water transmission and distribution losses of
- 2:224 .4%. This international expansion is closely
- 2:27linked to the Dubai Clean Energy Strategy 2050
- 2:30and the Dubai Net Zero Carbon Strategy 2050.
- 2:35A central project is the Mohammed bin Rashid
- 2:38Al Maktoum Solar Park, the world's largest single
- 2:42-site solar park developed under the independent
- 2:45power producer model. Clean energy now makes
- 2:48up more than 21 .5 % of Dubai's energy mix, and
- 2:52this is expected to rise to 36 % by 2030, above
- 2:57the original target of 25%. The solar park's
- 3:00production capacity is projected to exceed 8
- 3:03,000 MW by 2030, compared with the original target
- 3:07of 5 ,000 MW. This will help reduce annual carbon
- 3:11emissions by more than 8 .5 million tonnes, surpassing
- 3:15the initial goal of 6 .5 million tonnes.