Friday 20 May 2022

French companies to showcase at Wetex

DUBAI, September 29, 2016

A number of French companies will showcase innovative solutions at the upcoming World Energy, Technology and Environment Exhibition (Wetex) in Dubai, UAE.

Wetex 2016 runs from October 4 to 6 at Dubai World Trade Centre.

Geographically, France benefits from the second largest wind power potential behind the UK, Europe's fifth leading country in terms of sunshine, abundant water resources, major forest areas, the world's second largest exclusive economic zone, just behind the United States, numerous geothermal resources.

These geographic characteristics, in addition to its internationally recognized expertise in the field of energy, give France the possibility to become a major player in renewable energy and the chance to build powerful industrial sectors that could represent over 220,000 jobs by 2020.

France is Europe's third largest producer of renewable energy. In 2014, France produced 91 TWh of electricity from renewable energy. Revenue from the French renewable energy sector amounts to €11.32 billion. France is the leading producer of water treatment equipment and is ranked within the top five global exporters in the air sector.

The Gulf countries have set a goal to integrate 7 per cent of renewable energy into their energy mix by 2020 (i.e. 1,500 MW). By 2020, energy consumption of these countries is set to double. The United Arab Emirates massively invests in renewable energy, water and the environment. A concrete example is the Masdar eco-city, the Shams 1 solar power station.

The numerous projects underway in the Gulf countries attract successful French businesses in the renewable energy, water and waste sectors. Their participation in the Wetex Exhibition will help them promote their offer in the Middle East and bolster their contact list. – TradeArabia News Service

Tags: Wetex | French companies |

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