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Frost & Sullivan perspective on: DEWA’s initiative to allow residents and businesses to install Solar Panels

: Tuesday, February 04 - 2014 @ 06:34

Dubai Electricity and Water Authority (DEWA)’s initiative to allow residential and commercial installation of Solar Panels is a significant move and the first one across the entire Gulf Cooperation Council (GCC).

This will pave way for the solar industry in the GCC by opening up residential applications, which had so far been an elusive segment.

Firstly, this will allow DEWA a reprise regarding constantly upgrading generation and Transmission & Distribution infrastructure to cater to the ever increasing demands. Secondly, this is a great boost for the residents and businesses in Dubai, allowing them access to considerably cheaper solar power in the long run. And finally, this is an impetus for the solar value chain, allowing them to tap into the residential market, through both equipment sales and leasing. Overall, this move holds a potential for setting a case for the rest of the Middle East, resulting in an increased potential across the region.

Perspective by: Abhay Bhargava, Head, Energy and Power Systems Practice, Middle East and North Africa, Frost & Sullivan

For more information:
Paroma Bhattachary
Executive – Corporate Communications
Frost & Sullivan
Tel: +91 22 6607 2047
Fax: +91 22 2832 4713

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Tuesday, February 4- 2014 @ 6:34 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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