EGBC driving solar investment in UAE energy sector
Emirates Green Building Council chief Saeed Al Abbar says more businesses in the country are eyeing solar investments to achieve renewable energy targets
According to the Emirates Green Building Council (EmiratesGBC), solar energy investments will be a key factor in achieving net zero energy building, as well as realising the UAE’s sustainable development goals.
Saeed Al Alabbar, chairman of EmiratesGBC, said: “With an encouraging regulatory environment, more businesses are looking at solar investments that will help achieve the renewable energy goals set by the Dubai Supreme Council of Energy.
“The private sector can play a key role in driving solar energy projects, and raising awareness about their long-term value can help overcome barriers in financing energy efficiency retrofits, thus accelerating the sustainable development initiatives,” he added.
The topic was previously highlighted at the independent forum’s recent Focus Day event held on 7 December 2015. Hosted under the theme Powering Innovation: Green Buildings and Energy Management, Focus Day was held at DEWA’s Sustainable Building in Al Quoz.
In addition to discussing the latest advances in sustainable technologies and the impact of DEWA’s Shams initiative, participants debated on current strategies and potential projects. Participants also deliberated on the impact of regulations on enhancing retrofitting of buildings.
EmiratesGBC’s Focus Day also highlighted UAE’s Intended Nationally Determined Contribution (INDC) submission to COP21, which aims to increase clean energy to 24% of total energy mix by 2021.