The Managing Director of Flexible Generation and Retail, Africa Middle East Asia, Frédéric Claux at ENGIE announced that the company’s investments in energy, water desalination, and green hydrogen projects in the UAE amount to approximately US$12 billion (AED 44 billion). Claux emphasized ENGIE’s commitment to further growth, particularly in the UAE, which is a key strategic market in the Middle East.
In a statement to the Emirates News Agency (WAM), Claux explained that ENGIE’s investments in the UAE are spread across various strategic projects. These include the Al Ajban Solar PV development, water desalination projects, battery storage, green hydrogen production, the Mirfa 2 Reverse Osmosis Independent Water Project, and the operation of six power and water plants in the country.
Claux highlighted the significance of the Emirati market for ENGIE, stating that it is a focal point for business growth and one of their key markets in the Middle East. He mentioned the company’s successful presence in the UAE over the years and its aim to achieve further growth by providing renewable energy solutions for water desalination, battery storage, and green hydrogen projects.
ENGIE’s current strategy in the kingdom centres around district cooling, solar photovoltaic energy, water desalination, and battery storage projects. Claux expressed the company’s intention to continue evolving and expanding in these areas, which hold significant potential for growth and prosperity in the country.
