Global Businesses Jostle for Stake in the UAE’s Renewable-Energy Sector
By Geoff de Freitas, Special Correspondent, Dubai (HKTDC) With renewable energy one of the key strands of the Middle East Energy Dubai expo, many of the most innovative companies active in the sector were understandably keen to make their presence felt. Given that the value of the renewables market globally is expected to grow by about 13.5% annually over the coming years, there are clearly rich pickings to be had for any business that successfully stakes its claim in the sector. Among those keen to do so were a hefty number of battery storage system producers, with both locally well‑established players, such