Dubai’s DEWA Deepens China Ties With Shanghai Electric Deal

Dubai Electricity and Water Authority’s international arm has signed an agreement with China’s Shanghai Electric to explore energy and water investments in global markets. The deal is part of Dubai’s push to expand its presence in the international utilities sector. The memorandum of understanding covers potential projects in solar and wind energy, battery storage, desalination, green hydrogen and conventional power generation. It also includes electricity transmission and distribution, creating a framework for identifying, evaluating, developing and investing in projects, including participation in international tenders. “At DEWA International, we are committed to expanding our presence in global markets and building strategic…