Etiqueta: Investment

Dubai will spend $22 Billion in an energy infrastructures plan

The arabic emirate has announced an ambitious project to boost its energy infrastructures during the next 5 years As Bloomberg has informed recently, Dubai Electricity & Water Authority is planning a energy infrastructures plan that will need, at lest, an investment of $22 Billion. This huge effort, that is expected to be developed during the next five years,  will be focused in three main necessities: gas turbines, solar power and storage plants, as Saeed Mohammed Al Tayer, CEO of Dubai Electricity & Water, said.Furthermore, DEWA awarded last week a contract for a 815 megawatt gas turbine project in Dubai, in particular in Al Aweer, suburb. Meanwhile, DEWA is also building the world´s largest solar energy park. These new energy infrastructures investments have the aim on reducing the dependency of Dubai in the oil and gas energy...

The Government of Canada will invest in the smart grid expansion

This smart grid investment has the aim on fighting climate change, creating clean jobs and ensuring safer power delivery for Canadian citizens $100 million is the investment that Jim Carr, Canada's Minister of Natural Resources, announced the past January to develop more smart grid systems in the American country. The Canadian Government wants to increase the hosting capacity of renewable energy, increasing resiliency and improving energy efficiency and conservation."The investments and initiatives resulting from the call for proposals will help build cleaner, safer, better-connected electricity systems and create well-paying jobs for middle-class Canadians, supporting Canada's transition to a low-carbon future", said Carr.Interested stakeholders cand find the full information on a new website that has been established. This website...