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News Emirati > Business > DEWA International Signs Agreements to Partner with Leading Greek Energy Firms
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DEWA International Signs Agreements to Partner with Leading Greek Energy Firms

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Last updated: July 28, 2026 10:40 am
NewsDesk
Published: July 28, 2026
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DEWA International, the wholly owned subsidiary of Dubai Electricity and Water Authority established to export Dubai’s energy and water expertise, has deepened ties with Greek counterparts through new partnership frameworks. The agreements focus on joint development of sustainable power generation, desalination technologies and infrastructure investments across emerging markets. Executives from both sides highlighted opportunities in renewable integration and digital innovation during the talks held earlier this month.

According to details shared in official announcements, the collaboration will leverage DEWA’s track record in managing large-scale utility projects with Greek firms’ regional know-how in the Mediterranean energy sector. This move forms part of a broader strategy to position Dubai as a global hub for clean energy exports following the subsidiary’s formal launch in June 2026. Supporting data from the International Renewable Energy Agency indicates that cross-border utility partnerships in the Mediterranean have grown by over 25 percent annually since 2022, driven by shared decarbonisation targets.

The partnerships are expected to facilitate technology transfers in areas such as smart grid management and advanced water treatment solutions. DEWA International’s leadership emphasised that these alliances will accelerate project delivery timelines while ensuring adherence to the highest environmental standards. Greek energy sector reports from the Hellenic Association of Independent Power Producers place current renewable capacity targets at 70 percent of the national mix by 2030, aligning closely with DEWA’s own clean energy benchmarks.

Further discussions explored potential joint ventures in third countries, building on existing UAE-Greece bilateral trade volumes that the UAE Ministry of Economy figures show exceeded $1.2 billion in 2025. The agreements include provisions for staff exchanges and joint research initiatives to address climate resilience in water-scarce regions. This latest expansion follows similar outreach by DEWA International to French and British counterparts in recent weeks, illustrating a systematic approach to global market entry.

Industry analysts from PwC Middle East have noted that such utility partnerships are critical for scaling infrastructure finance in volatile energy markets, with the global water desalination sector projected to require $200 billion in investments through 2030. DEWA International officials stated the Greek cooperation will prioritise projects that deliver both commercial returns and measurable sustainability outcomes. The developments underscore Dubai’s commitment to exporting its integrated energy and water model established over decades of urban growth.

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