Future of Renewable energy and power in UAE and Umar Farooq’s take on it.
Sustainability today is transformed by a practice that captures the imagination of the world, particularly Dubai, which now offers those entrepreneurs who want to create a healthier, stronger and more meaningful world a mine of start-up opportunities. The pursuit of Dubai's sustainable development took a big step forward when the UAE Vice President and prime minister and ruler of Dubai, His Highness Sheik Mohammed bin Rashid Al Maktoum, unveiled an energy strategy for 2050 in 2015, which is a plan to transform Dubai into a global center for renewable energies and a green economy. Green energy enthusiast and one of the businessman and philanthropist of UAE and Dubai Umar Farooq said that the aim is to create sustainable industries irrespective of non-renewable energy sources. Furthermore, Etihad Energy Services Company has been established by DEWA, which offers promising investment opportunities to energy efficient companies It is also working to refurbish 30,000 homes an...