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Dewa Reports Record Profit and Partners With Shanghai Electric for Global Projects

Dubai Electricity and Water Authority reported record nine-month earnings supported by rising domestic demand. Its international arm has also agreed to partner with China's Shanghai Electric to explore power and water investments globally.

Illustration: A modern solar power plant featuring extensive solar panel arrays under bright sunlight in a desert landscape with electrical transmissi
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Dubai Electricity and Water Authority (Dewa) reported record earnings for the first nine months of the year, driven by higher demand for power and water infrastructure across the emirate, according to The National.

Alongside domestic utility operations, the state utility highlighted the expansion strategy of its international arm, Dewa International. The entity recently entered into an agreement with China's Shanghai Electric to jointly explore and pursue power and water investments across international markets.

The cross-border initiative aims to combine Dubai's operational experience with Chinese industrial and manufacturing scale. Dewa is also developing clean energy infrastructure locally, including battery storage integration at the Mohammed bin Rashid Solar Park.

Sources

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