Sustainable Finance

WETEX & DSS, An Important Platform to Promote Green Investments

SME News Service

The Water, Energy, Technology, and Environment Exhibition (WETEX) and the Dubai Solar Show (DSS) is witnessing an increasing turnout from exhibitors, sponsors and investors from the GCC countries.

Dubai Electricity and Water Authority (DEWA) is organising the 24th WETEX and Dubai Solar Show 2022, from 27 to 29 September 2022 at the Dubai World Trade Centre.

During WETEX and DSS, the exhibitors, sponsors and investors from the GCC countries seek to learn about the latest technologies, innovative solutions and investment opportunities for clean and renewable energy, water, green economy, smart cities and sustainability.

This helps them to keep pace with the increasing demand for clean and renewable energy in the region.

This is in accordance with national strategies in the GCC countries, which focus on diversifying the economy and reducing dependence on oil and gas, reducing energy and water consumption and emissions, to achieve carbon neutrality and the 17 UN Sustainable Development Goals (SDGs) 2030.

WETEX and DSS 2022 Offer Field Visits to Key Sustainability Projects

This enhances the efforts of the Gulf countries to support the international community in mitigating the repercussions of climate change.

Green energy projects and investments are very popular in the Arabian Gulf region, due to many incentives and encouraging factors, including competitive prices, investor confidence, the strategic benefits of entering promising markets, and increased investment in the value chain.

WETEX and DSS is the largest exhibition of its kind in the region and one of the most prominent international exhibitions specialising in water, electricity, energy, environment, oil and gas, renewable energy and environmental sustainability.

WETEX has become an important platform for green solutions, and an anticipated forum for institutions and companies from the region and the world to promote their products and services as well as review the latest technologies.

The exhibition is a meeting point for experts, specialists and others concerned to exchange best practices and experiences. It promotes collaboration and integration between the public and private sectors locally and globally.

WETEX and DSS 2021 attracted many Saudi Arabian sponsors and companies specialising in green investments, clean and renewable energy investments. The Ministry of Investment in Saudi Arabia and the giant Neom project, in addition to several Saudi companies specialised in energy, environment and water sectors, were part of the Saudi pavilion at the exhibition.

Many companies and sponsors from Bahrain, Kuwait, and Oman took part, in addition to the UAE, the host country. More than 1,200 companies from 55 countries participated in the exhibition, which was held at the Dubai Exhibition Centre at Expo 2020 Dubai and attracted 45,506 visitors worldwide.

“WETEX and DSS reflects Dubai’s keenness and interest in supporting regional and global efforts to increase reliance on renewable energy and promote sustainability,” said H.E. Saeed Mohammed Al Tayer, MD & CEO of DEWA, Founder and Chairman of WETEX and DSS.

“We also launched pioneering initiatives and projects that included all clean and renewable energy technologies in Dubai, such as solar photovoltaic panels technology, Concentrated Solar Power (CSP), green hydrogen production using renewable energy, a hydroelectric power plant in Hatta, and a feasibility study for generating electricity from wind power in Hatta,” added Al Tayer.

H.E. Eng. Abdullah Al Abdul Karim, Governor of Saline Water Conversion Corporation (SWCC), said that WETEX and Dubai Solar Show provides valuable opportunities to enhance regional and global efforts seeking to discuss the huge economic opportunities in the fields of clean energy and adopt its innovative technologies.

Solar energy represents one of the most abundant sustainable and least expensive renewable energy source, which, in turn, will support the efforts aiming to reach a sustainable future.

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