DEWA releases tender for the Dubai Green Fund
January 31, 2016
Dubai Electricity and Water Authority called on consulting firms to tender for advisory and regulatory development services for Dubai’s planned AED100bn clean energy fund, Reuters reported.
The Dubai Green Fund was announced in the end of 2015 and aims to provide low cost loans for those who invest in the clean energy sector.
According to local news agency, WAM, offers for the tender will be accepted until the end of February.
Dubai aims to attain 7% of its energy from lower-emissions sources by 2020, 25% by 2030 and 75% by 2050, through energy sources including natural gas, solar, clean coal and nuclear.
