Additionally, it aims to triple the contribution of renewable energy and invest between AED 150 and AED 200 billion by 2030 to meet the country’s increasing demand for energy owing to its rapidly growing economy.
The cleantech landscape in Dubai: Nurturing a green economy
Dubai’s rise as a hub for cleantech startups mirrors its ambition to achieve a sustainable and eco-friendly economy. A multitude of cleantech startups are emerging as instrumental players in driving innovation, while aligning with the UAE Energy Strategy 2050.
These cleantech startups also demonstrate how business and environmental considerations can harmoniously coexist, thus serving as catalysts for innovation, addressing environmental challenges, and promoting economic growth.
Transformative cleantech innovations: From sustainability to decarbonisation
The spectrum of cleantech innovation in Dubai spans diverse sectors, from renewable energy to decarbonisation and digitalisation. The UAE's pioneering approach to energy transition involves a $54 billion investment in renewable energy.
The country's commitment to triple the share of energy from renewable sources underscores its resolve to shift away from fossil fuels to sustainable alternatives. Hydrogen, heralded as a key player in the green energy landscape, occupies a pivotal place in the UAE's energy strategy.
Furthermore, the National Hydrogen Strategy, coupled with initiatives such as the Green Hydrogen project, positions the UAE as a global leader in low-carbon hydrogen production.
Innovations, efforts, and impact of cleantech startups
At the heart of Dubai's cleantech revolution are startups like Solavio, BANTgo, QANATU, Nadeera, Enerwhere, and YellowDoor. These startups are not only developing