11 Scottish firms to exhibit at WFES
Abu Dhabi, January 13, 2013
A host of top Scottish renewable energy companies and institutions are set to exhibit at the World Future Energy Summit in Abu Dhabi this week.
With 11 Scottish exhibitors, WFES 2013 will be hosting the largest Scottish delegation to date. The group will be led by Scottish Development International, Scotland's economic development agency, and companies participating in the summit will be looking to develop new collaborations, strategic alliances and licensing agreements with companies and institutions in the GCC, said a statement.
Mark Hallan, EMEA director at Scottish Development International, will also be attending the summit with the aim of promoting Scotland as a world-class location for low carbon technologies.
He said: “The GCC represents one of our biggest investment markets both in terms of Scottish energy companies doing business in this region as well as being a source of significant investment back into Scotland. Last year our First Minister attended the Summit and we signed a Framework for Action with Masdar. This year we are again confident of developing our extensive energy contacts and promoting a wide range of new business opportunities across the energy sector, from oil and gas to renewables and clean energy.”
On the broader energy front, Scotland boasts a quarter of Europe’s wind and tidal power potential and aims to generate the equivalent of 100 percent of its own electricity demand from renewable resources by 2020. The country is continuing to take forward its Framework for Action (FFA) with Masdar, looking at developing a comprehensive renewable energy plan with the UAE, the statement said.
One of the institutions from the Scottish delegation, the Scottish Institute for Solar Energy Research (SISER), will be taking part in meetings with Masdar during the course of the week. The objective of these meetings is to discuss potential knowledge-transfer to countries in the GCC region and how SISER could help start up new companies in the region, based on existing IP that could be licensed to players in this market.
The hope is that by working together, the UAE and Scotland can be pioneers in a power revolution, by combining their legacy, experience and diversified investment in alternative sources of energy, the statement said. – TradeArabia News Service