Regional electricity exhibition opens in Dubai
According to Informa Industrial Group, the organisers, the 2016 edition of MEE validates the opportunities in the region’s power markets despite the low oil price environment
One of the world’s largest electricity exhibitions has commenced in Dubai, bringing together latest products and technologies by top industry players from across the globe.
The 41st edition of the Middle East Electricity (MEE) was inaugurated on Tuesday at the Dubai World Trade Center by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Minister of Finance and Industry of the UAE.
The event runs until Thursday March 3.
According to Informa Industrial Group, the organisers, the 2016 edition of MEE validates the opportunities in the region’s power markets despite the low oil price environment.
Market research specialist Ventures Onsite estimates that the GCC will require about $50 bn of investment in new power generating capacity to meet demand arising from demographic and economic growth. Currently, the total value of power projects in the GCC is $247bn.
The 41st edition of MEE occupies 65,000 sqm of exhibition space, a growth of 4,000 sqm from the 2015 edition. Apart from 81% repeat business, a testament of the show’s long-standing appeal to the industry’s key players, MEE 2016 also hosts 300 new-to-the-show companies.
“Middle East Electricity continues to maintain its growth in spite of the challenging market conditions we are all currently facing. The exhibition has grown by 7 per cent this year compared to 2015, and exhibitor presence from countries such as Germany, Turkey, China and Saudi Arabia is on the rise,” said Anita Mathews, Group Director of Informa Industrial Group.
Co-located with Middle East Electricity is Solar Middle East (SME), the most comprehensive gathering of solar technology suppliers in the region. Opening its doors for the fourth time this year, the 2016 edition of SME is expected to be the most successful yet.
SME 2016 has seen a phenomenal 57 per cent increase in exhibitor numbers, and a 45 per cent increase in exhibition floor space since last year which is indicative of the progress and growth of the regional solar market. The event provides the ideal meeting place for solar industry professionals from across the globe, as well as opportunities for visitors to learn about the latest technologies, developments and trends in the solar energy industry.
Over the next three days, MEE 2016 provides a distinctive platform for more than 1,500 exhibitors from 62 countries to showcase their products and services, network and develop long-term business partnerships with buyers from the Middle East region, Asia, Africa and Europe.
Middle East Electricity and Solar Middle East 2016 are held under the patronage of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai. Opening times are from 10:00am to 6:00pm daily.