Auhua Clean Energy Plc Auhua supports the Dubai Green Economy Partnership
01 5월 2015 - 4:00PM
RNS Non-Regulatory
TIDMACE
Auhua Clean Energy Plc
01 May 2015
AUHUA CLEAN ENERGY PLC
("Auhua" or "the Company")
PRESS RELEASE
Auhua supports the Dubai Green Economy Partnership
1 May 2015:Auhua Clean Energy Plc (AIM: ACE) ("ACE"), the
environmental technology group, is pleased to announce today that
it has entered into the Dubai Green Economy Partnership ("Dubai
GEP"), a government-backed initiative led by His Highness Sheikh
Hamdan bin Mohammed bin Rashid al Maktoum, Crown Prince of Dubai
and Chairman of the Dubai Executive Council.
The Dubai GEP was launched in May 2012 by His Highness Sheikh
Hamdan as the first multi-stakeholder and cross sector partnership
in the Middle East to promote green development. The Dubai GEP
forges world class partnerships with public and private companies
such as Auhua to help build capacity through projects and green
trade missions. It was inspired by the United Arab Emirate's
long-term national green economy initiative titled "A Green Economy
for Sustainable Development", and is in line with the Dubai Plan
2021.
Through the adoption of green technologies, products and
services, and the growth of green trade and investment, the Dubai
GEP supports Dubai's transition into a green economy on a par with
the most sustainable cities in the world. Auhua's partnership with
Dubai GEP is announced following the 17(th) Water, Energy,
Technology and Environment Exhibition (WETEX 2015) and the Dubai
Electricity & Water Authority's (DEWA) annual Green Week
initiative. Auhua's solar technologies and products are expected to
help this transition by offering regionally-specific solutions to
enhance energy efficiency and generation at the decentralised
level.
His Excellency Ahmed Buti Al Muhairbi, Chairman of the Dubai GEP
and Secretary General of the Dubai Supreme Council of Energy, has
stated that these partnerships are a key prerogative for the
implementation of Dubai's ambitious strategy leading to the
country's Golden Jubilee in 2021. He adds that he welcomes
companies that align their interest with Dubai's ambition.
Auhua has been listed by the Dubai Central Laboratory Department
(DCL) as an approved solar manufacturer since February 2015,
allowing the Company to distribute and sell its products with the
approval of Dubai Municipality as part of the Emirates DCL
certified products programme.
David Sumner, non-executive Chairman of Auhua, said: "Our
partnership with Dubai GEP demonstrates Auhua's commitment to
expand internationally and is a strong endorsement of our solar
products. Most importantly, this collaboration will provide Auhua
with the opportunity to penetrate other GCC markets which are also
actively diversifying away from their dependence on
hydro-carbon-based fuels and are working towards building
sustainable economies. Abu Dhabi alone has set itself a target of
achieving 7% renewable energy power generation capacity by the year
2020."
---ends---
Media Enquiries
Brunswick Tasha Young auhua@brunswickgroup.com
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Further information
Auhua Clean Energy David Sumner, non-executive +971 555 923198
plc Chairman davidjsumner@auhuacleanenergy.com
------------------------- ---------------------------- ------------------------------------
Grant Thornton UK Philip Secrett / Maureen +44 (0)20 7383 5100
LLP (Nominated Adviser) Tai / Philip.j.secrett@uk.gt.com
Jamie Barklem
------------------------- ---------------------------- ------------------------------------
WH Ireland Tim Feather
(co-broker)
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About Auhua:
Auhua Clean Energy (www.auhuacleanenergy.com) is an
environmental technology group specialising in the development and
application of green energy and energy efficient solar water
thermal solutions with offices in Singapore, Taiwan and Shandong
province, Peoples' Republic of China. In particular, the Group is
focused on the manufacture and sale of split-unit solar water
heating systems.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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