Dubai Carbon, Engie in renewable energy deal

31 October 2017

Dubai Carbon Centre of Excellence has joined forces with leading French energy company Engie to develop green certificates and the carbon credit market through several projects, most notably a project on international renewable energy certificates.

An entity established under directives of the Dubai Supreme Council of Energy, Dubai Carbon said the MoU aims to seek opportunities to apply solutions for renewable energy and energy efficiency in Dubai and throughout the region.

It clears the path for executing joint work in the field of sustainability, the environment, climate change and social responsibility, remarked Ivano Iannelli, the chief executive of Dubai Carbon, after signing the deal with Sebastien Arbola, CEO of Engie Middle East, South and Central Asia and Turkey.

The main goal of the partnership is to exchange knowledge, work on leading-energy solutions and build a better sustainable future for Dubai and the UAE, said Iannelli.

He further stressed the aspiration of Dubai Carbon to participate in efforts aimed at building a sustainable future, supporting the Dubai government in becoming a green economy, and establishing smart cities.

The partnership seeks to achieve the supreme goal represented in ensuring sustainable development for the current and upcoming generations in the country, he stated.

Arbola said it was in line with the comprehensive renewable energy programmes of the government, aimed at achieving the objectives of the "UAE Vision 2021."

"Through the joint co-operation, Engie and the Dubai Carbon will be able to adopt tried-and-tested technologies in the fields of energy performance, industrial maintenance, data management, and clean and green transportation services, while developing the opportunity to benefit from the international expertise of the company," he added.