Dubai’s transition to clean energy took center stage at the DRE Business Meet, “Utility-Scale Renewables | The Next Leap,” organized by the Dubai Renewable Energy Business Group under the Dubai Chamber of Commerce. The event brought together policymakers, financiers, and industry leaders to explore how large-scale renewable projects can accelerate the UAE’s journey toward a sustainable energy future.
Opening the Event
Opening the event, Mr. Faisal Ali Al Rashid, Senior Director – Demand Side Management at the Supreme Council of Energy, emphasized Dubai’s focus on efficiency and demand-side measures as critical enablers of a low-carbon future. He highlighted that utility-scale renewables are not only strategic for energy security but also essential for achieving the nation’s climate goals.
Keynote Addresses
Special keynote addresses were delivered by:
- Dr. Mustafa Saasa, Chairman of the Building Material Group at Dubai Chambers
- Ms. Joelle Saab, Chairperson of the Dubai Recycling Business Group at Dubai Chambers
Panel 1: Overview of UAE’s Renewable Energy Landscape
Moderator: L. K. Verma, Chairman of DREBG
Panellists: Fakhruddin Holdings LLC, AMEA Power, ACWA Power, Bureau Veritas Group, Infinity Power
The panel focused on “Overview of UAE’s Renewable Energy Landscape, Opportunities, and Future Growth.” Discussions highlighted the UAE’s policy momentum, grid readiness, and factors positioning the country as a hub for gigawatt-scale renewable projects, from strong regulatory frameworks to international investor confidence.
Panel 2: Project Financing and Partnerships
Moderator: Saravanan D, Partner at EY
Panellists: Emerge, Sterling & Wilson, Mashreq, Al Jomaih Energy & Water, SunPower Gen
The session examined “Project Financing, Partnerships, and Business Models in the UAE.” It explored innovative financing models, ESG-linked lending, risk allocation, and strategic partnerships needed to unlock the next wave of utility-scale renewable investments across the UAE.
Closing Remarks
The meet reinforced the UAE’s commitment to scaling clean energy while fostering collaboration between policymakers, investors, and technology providers, reflecting the strong momentum behind the country’s renewable energy ambitions. In his closing remarks, DREBG Chairman Mr. L. K. Verma shared his views on emerging trends and opportunities that support the achievement of sustainable goals. He also highlighted that DREBG will continue bringing forward many new topics for discussion to meet its objectives and advance its clear goals in the future.
