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French firms to take part in WFES

byCT Report
02/01/2017
in Uncategorized
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PARIS: Business France, the national agency supporting the international development of the French economy, is once again running a French pavilion at the World Future Energy Summit (WFES) and International Water Summit (IWS) running in Abu Dhabi, UAE from January 16 to 19.

Business France will set up its pavilions in partnership with Club Ademe International, said a statement. The agency’s renewed attendance at WFES & IWS will give visitors an opportunity to evaluate France’s globally recognised expertise in the energy field, it said.

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France ranks as Europe’s third leading producer of renewable energy. In 2015, France produced 91 TWh of electrical power from renewable sources, it added. The country has 353,000 renewable electricity production facilities. The French renewable energy sector generates revenue of €11.32 billion ($11.91 billion).

The Gulf States aim to include 7 per cent renewable energy in their energy mix (equating to 1,500 MW) by 2020, said a statement.

Their energy consumption requirement is set to double between now and 2020. The UAE are investing massively in renewable energy, water and the environment. Masdar City, the world’s first eco-city (with $22 billion invested), should be home to 50,000 inhabitants and 1,500 businesses by 2020.

The many projects underway in the Gulf States are attracting high-performing French firms in the renewable energy, water and waste sectors.

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