Invest in Solar Energy

The United Arab Emirates in the Middle East is known to possess many energy sources in its country. The energy in the UAE is classified with the production of electricity, consumption, and the imports and exports of energy. UAE is one of the largest Middle East countries to provide massive oil production all around the world. Possessing many Oil companies, the country also allows investors to invest in Oil and Gas. The country is also proved to be the 7^th top global proved gas reserved. Along with generating an abundance of solar energy in various cities in the country. The country is also installing nuclear power sources to generate electricity. With efforts to generate electricity and power in and around the country adds value to the economy as well.

In 2009, the UAE was listed in the top 6 countries to emit carbon dioxide and cause climate changes. Even though, the country is surrounded by the heat of the desert, the advancements in the construction and building of the modern civilizations caused an effect on the climatic change. Dubai is recognized for its striking skyscrapers and construction of buildings. However, the UAE is working on reducing the emission and make a clear energy approach.

Apart from investing in Oil and Gas, and invest in real estate, and tourist businesses in the UAE, investors can initiate to invest in solar energy. The world is striving towards creating a change in the climate and providing energy sources directly derived from the sun. Therefore, the future of many countries will develop in investing in solar energy to generate electricity and power.

Many European countries and others have already initiated the approach to create a solar energy market to establish a successful energy generating source. The UAE has also progressed in the development of providing solar energy sources in different parts of its cities. UAE started its progress in solar energy in 2013 with the plant located near Abu Dhabi. The solar power station was further invested and expanded in the Al Dhafra region south to the city of Abu Dhabi.

The Dubai Electricity and Water Authority (DEWA), announced various projects related to solar energy. The Dubai Clean Energy Strategy also aims to provide 7% of clean energy sources in Dubai. Increasing 25% by 2030 and further increasing it by 75% by 2050. The UAE is expanding investments in solar energy. The DEWA established its power plant projects in different phases in the city of Dubai.

Ras Al Khaimah also holds a private owned solar energy source implementing strategies to build small scale and large scale solar power panels in the city.

With a recognized reputation for developing into a modern city in the Middle East region, UAE aims to become an environmentally friendly and western business destination.

How to Invest in Solar Energy?

If the country is developing its energy and power sources to create a future with a clean energy source, then the investments in the sector will also become a profitable one. There are many ways to invest in solar energy. Investors can start investing in solar energy company stocks to get a higher ROI. In the next ten years, Dubai can become a country that will completely function with solar energy sources. Since the initial developments have started progressing in the country, buying solar energy company stocks will give you an advantage.

You can also invest in government solar schemes to get good investment returns. the government and private businesses need to fund their solar companies to progress in providing solar power panels and other energy sources to the cities. If you fund in the solar schemes, then you are eventually providing for the solar plan as well as getting a return for your investments.

You can also invest in mini energy bonds offered by companies investing in solar energy sources. While you invest in the mini-bonds you might as well get a benefit out of them. If you are unsure of investing in the existing schemes and projects in the country, then you can invest directly in your solar panel. In a way buying solar panels for your home or workspace is an overall investment for your business. You can also contribute towards the cause of ‘’ go clean’’ and climate changes in the country.