Dubai, UAE: Italy will once again participate at WETEX 2024 with a strong presence through the Italy Pavilion, organized by the Italian Trade Agency (ITA) in collaboration with the Italian Embassy in the UAE. This year, 44 leading Italian companies will showcase cutting-edge renewable energy technologies and environmental solutions, highlighting Italy’s growing contribution to global sustainability. The Italian Pavilion, located in Halls 6-7 of Dubai World Trade Center (DWTC), will be open from 1st to 3rd October and promises an impressive display of innovation, sustainability and advanced eco-friendly systems. I am.
Italy’s participation in the UAE’s major sustainability event confirms Italy’s strong commitment to supporting the UAE’s ambitious goals towards a greener future. Italian companies play a key role in providing advanced solutions in energy, water conservation and environmental sustainability, contributing to the UAE’s efforts to develop resilient and green infrastructure.
Italy’s renewable energy exports to the UAE have experienced remarkable growth in recent years. In 2022, Italy exported renewable energy technologies worth €133.8 million to the UAE. This figure jumped to €204 million in 2023, a significant increase of €70.2 million (52.48%). During this period, Italy’s market share in the UAE’s renewable energy sector also increased from 3.77% to 6%.
The momentum of Italy’s presence in this field continued in 2024. Italian exports in the first quarter of 2024 amounted to 126.3 million euros, compared to 75.8 million euros in the first quarter of 2023 and 45.4 million euros in the first quarter of 2022, registering a year-on-year increase of 66.54%. . -Year increase. Italy’s projected market share in 2024 is expected to rise to 7.52%, indicating the country’s growing influence in the UAE’s renewable energy market.
Lorenzo Fanara, Ambassador of Italy to the UAE, said: “Italy and the UAE are strengthening their partnership on energy and renewables. The Italian private sector will build on this excellent relationship by sharing technology, expertise and innovation with the Emirati and international private sector. We are ready to build on the ideals that demonstrate that sustainability and green technology are not only essential to the future of our planet, but also offer great business opportunities for companies to grow and expand internationally. It’s a great place.”
Valerio Soldani, Italian Trade Commissioner for the UAE and Oman, said: “The Italian renewable energy sector is uniquely positioned to offer both innovation and expertise in perfect alignment with the UAE’s long-term sustainability goals. Our presence at WETEX 2024 confirms Italy’s strong commitment.” Fostering collaboration to advance technological progress and environmental responsibility, the Italy Pavilion will feature 44 companies and highlight Italy’s efforts to drive sustainable innovation and contribute to a greener global economy. Masu.
As a leader in renewable energy, Italy has allocated more than 2 billion euros to implement its circular economy strategy and strengthen its infrastructure for a green and resilient waste management system. The initiative is part of Italy’s broader efforts to meet its national goal of generating 40% of its electricity from renewable sources by 2030. As of 2023, Italy will already generate around 36-38% of its electricity from renewable sources, putting the country on track to reach its goal. This goal. In the same year, Italy’s influence in this sector increased significantly, becoming the fourth largest exporter of renewable energy technology to the UAE.
At WETEX, we reaffirm that sustainability is our top priority and we are back with an even stronger group of Italian companies. During the three-day exhibition period, visitors will learn about environmental and food hygiene, integrated waste management, environmental remediation, water treatment, dehydration equipment, chemical dosing, seawater desalination, alternative fuels, metering pumps, laboratory testing, and regeneration. possible energy systems, civil and agricultural applications. ”
For more information about Italy’s participation, download the exhibition catalog here: WETEX 2024
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