Hive Energy Opens Regional Headquarters In Dubai
- Published: Wednesday, 14 October 2015 13:51
UK solar developer Hive Energy, today 28th September 2015 announce the official opening of a new Middle East Regional Headquarters in Dubai.
The expansion marks the company’s break into the international solar energy market as part of its growth and diversification strategy beyond the UK market. Headed up by Colin Loubser, Hive Energy’s Director of Middle East, Africa and Indian Ocean Island operations the office will focus on developing solar PV opportunities in the region.
Giles Redpath, CEO Hive Energy;
“Solar power in the United Arab Emirates (UAE) has the potential to provide most of the country’s electricity demand. Although a major oil producing country, the UAE is taking significant steps towards introducing solar power on a large scale.”
In April of this year, the Dubai Electricity and Water Authority (DEWA) announced a revised target for Dubai to increase the share of renewables on the energy mix from 5% to 7% by 2020. This is welcome news for environmental campaigners; carbon emissions in the UAE topped 40.31 tonnes per capita in 2009 placing the nation as the 6th largest emitter in the world.
As testament to the commitment of the UAE Government and Gulf Cooperation Council (GCC) is the proposed 3,000MW Mohammed bin Rashid Al Maktoum Solar Park.