Renewable Energy Leadership
Partnerships between the UAE and US are driving advances in sustainability and clean energy technology. In 2014, the UAE and the US launched the first annual bilateral energy dialogue to facilitate new and ongoing initiatives to strengthen cooperation between the two countries.
The Massachusetts Institute of Technology (MIT) has played a key role in the establishment and development of Abu Dhabi’s Masdar Institute of Science and Technology, which in February 2017 merged with the Khalifa University of Science, Technology and Research and the Petroleum Institute. The merger created Khalifa University of Science and Technology, a world-class, research-intensive institution that develops world leaders and critical thinkers in applied science and engineering.
In addition, Dubai Electricity and Water Authority (DEWA) is working with GE to build the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, the largest solar project in the Middle East. The solar power plant, which is on track for completion in 2030, will use GE’s liquid-cooled solar inverters to convert solar panel output to grid-ready electrical currents.
The UAE is also seeking solutions at the global level. In 2010, the International Renewable Energy Agency (IRENA) – an intergovernmental organization that promotes sustainability – established its headquarters in the UAE. And at the 2017 World Future Energy Summit in Abu Dhabi, the UAE announced that renewable energy will make up 44 percent of its energy mix by 2050.
In January 2017, the UAE announced a $50 million fund for renewable energy projects in 16 Caribbean islands. The Caribbean Renewable Energy Fund aims to reduce energy costs in the region and improve energy security. The UAE supports dozens of renewable energy projects around the world – from the Middle East and Africa to Europe and North America.