Abu Dhabi: The World Future Energy Summit (WFES) 2019, a key enabler of Abu Dhabi Sustainability Week, has facilitated deals valued at $10.5 billion during its four-day run at the UAE capital.
The projects included in the deals will be implemented across 20 countries.
The event at the Abu Dhabi National Exhibition Centre saw a consortium led by Masdar and France’s EDF won a tender to build a $500 million 400-megawatt wind farm in northern Saudi Arabia as part of the country’s efforts to increase its renewable energy capacity to 60 gigawatts by 2030.
Abu Dhabi Waste Management Center, Tadweer, the strategic partners of the sixth EcoWASTE exhibition, awarded new operating contracts, cumulatively valued at Dh1.099 billion, to leading providers of solid waste collection and transportation and street sweeping and cleaning services in the third, fourth and fifth sectors of Abu Dhabi mainland and Al Dhafra region.
The Solar Energy Corporation of India (SECI), a company of the Indian Ministry of New and Renewable Energy, unveiled its $7 billion Cold Desert Regions Ultra-Mega Solar Power project.
SECI invited global investors to participate in the multi-billion-dollar alternative energy investment opportunities created by the state-backed scheme.
WFES 2019 convened more than 34,000 attendees in addition to 3,000 students from over 150 countries, including 15 heads of state, as well as more than 100 ministers and 3,000 participants from some of the world’s largest companies operating in the sustainability and renewables sectors.
The event enabled attendees to share best practices, unveil new products and discuss innovative solutions to present and future challenges across the entire sustainability spectrum.
The expo also hosted over 800 exhibiting companies from 40 countries.