Dubai Electricity and Water Authority (DEWA) and Drydocks World have signed a memorandum of understanding (MoU) to collaborate in renewable energy projects, as well as exchange knowledge and best practices in asset management and maintenance.

The new MoU is reported to be part of DEWA’s strategy to further enhance strategic partnerships with government departments and organisations.

DEWA managing director and CEO Saeed Mohammed Al Tayer said: “We are pleased to sign this MoU with Drydocks World to share our expertise in solar power within the framework of Shams Dubai initiative, which DEWA launched to connect photovoltaic systems in buildings with its grid.”

“Drydocks World is a strong proponent of environmental conservation in maritime development.”

“This supports Dubai’s global leading position in clean energy and green economy and contributes to achieving the Smart Dubai initiative to make Dubai the smartest and happiest city in the world.”

The MoU also supports the Dubai Clean Energy Strategy 2050, which aims to generate 75% of the city’s total power consumption through clean energy sources.

DP World Group chairman and CEO Sultan Ahmed Bin Sulayem said: “Drydocks World is a strong proponent of environmental conservation in maritime development.

“Aligning our clean energy initiatives at DP World with DEWA will enhance the yard’s commitment to preserving to the marine environment, and to consolidating Dubai’s position as a global centre for sustainability, in conjunction with the UAE’s objectives.

Sulayem further added that through the MoU, Drydocks will create a united pursuit towards the city’s goal of being a global hub for clean energy.