SRTI Park Launches MEA Energy Hub to Accelerate Energy Solutions
The Sharjah-based hub will look to bring all corners of the region to tackle everything from data power and asset inspection, while supporting innovations such as smart materials.
As part of the UAE’s sweeping efforts to tackle the looming energy crisis, the Sharjah Research Technology and Innovation Park (SRTI) has announced the launch of the MEA Energy Hub, which will help enable businesses in the UAE and the region to coordinate on energy solutions and practices.
Established in collaboration with Spanish innovation consultancy firm, Barrabés.BIZ, the ambitious project will bring governments, private businesses and academic entities together to engage in accelerators and ventures focused on sustainability.
"The purpose of the hub is to promote the latest innovations that drive sustainable development and find ways of confronting the effects of climate change and mitigate global warming," said Suhail bin Mohammed Al Mazrouei, the Emirati Minister of Energy and Infrastructure. "Our region is currently the most competitive in terms of cost at $1.5 per kilogramme, indicating that the development of sustainable infrastructure and the launch of renewable energy projects are the core of the UAE's relevant international efforts."
For Hussain Al Mahmoudi, CEO of SRTI Park, the hub is an essential cog in the bigger context of innovative energy solutions, one that will look to tackle challenges such as data power and asset inspection, and support emerging innovations such as smart materials, integrated grids, automation and remote operations.
"The hub will feature an intense roadmap of activities for sponsors, including an annual Global Startup Convening to give birth to global game changers, accelerator programmes to solve complex challenges, the Pilot Factory to ensure a perfect fit for implementing technologies, and a Sandbox to showcase and test innovative solutions," Al Mahmoudisaid.
Find out more at about SRTI Park here.