Renewable Energy Investment Opportunities
Until recently, the UAE's electricity system was almost 100% powered by gas power plants. However, with new energy policies in place, the government wants to move fast towards more sustainable electricity production. The Ministry of Energy and Infrastructure recently announced that within the next three years, at least 20% of the UAE's installed electricity capacity should come from clean sources.
In fact, the country has outlined a comprehensive clean energy UAE strategy, known as the UAE Energy Strategy 2050. The aim of this program is to transform its energy landscape, with an investment plan of AED 150-200 billion by 2030.
For businesses looking to invest in the UAEs clean energy revolution, there is no better opportune time than now.