Ernst and Young sponsors World Future Energy Summit 2012 Project Village
Abu Dhabi, 21 December 2011 – Ernst & Young is delighted to announce its sponsorship of the upcoming Project Village at the fifth World Future Energy Summit (WFES) in Abu Dhabi from 16-19 January 2012, as the developing world continues to be the driving force behind renewable energy investment.
WFES is one of the key clean energy events globally and Ernst & Young is the founding and lead sponsor of the Project Village, which draws thousands of senior level decision makers every year and tens of thousands of visitors. It provides a global platform to conduct business in the clean technology, renewable energy and low carbon market during the four day event.
The Project Village is hosted in association with Bloomberg New Energy Finance (BNEF), a leading provider of data and analysis on the clean energy sector and supported by the International Renewable Energy Agency (IRENA), based in Abu Dhabi.
Twenty renewable energy and cleantech developers from across Egypt, Ghana, India, Jordan, Morocco, Saudi Arabia, Sudan, UAE and USA will be present at the Project Village to showcase cutting-edge projects and conduct full business presentations.
The New & Renewable Energy Authority of Egypt will be showcasing two wind projects in the Gulf of El Zayt with a total capacity of 420 MW, which forms part of a wider scheme to generate 3GW of wind capacity in the area with future projects. Kawar Energy of Jordan will also be showcasing a utility-scale photovoltaic project with a capacity of 100 MW.
In total, the potential generating capacity on exhibit in the Project Village is in excess of one Gigawatt.
Visitors to the Project Village will also have the chance to attend a series of presentations and debates by Ernst & Young and Bloomberg New Energy Finance around the latest insights and developments within the energy sector.
Commenting on the sponsorship, Gil Forer, Global Cleantech Leader at Ernst & Young, said: “The Project Village offers the ideal platform for project developers and entrepreneurs to network with the world’s cutting-edge solutions providers and industry thought leaders. As the world economy strives to become more resource efficient and low-carbon, Ernst & Young will continue to focus on the Cleantech marketplace by addressing the issues facing five key market segments: innovators, project developers, investors, corporations and government. Our insights and global experience can help business capitalize on the opportunities the sector presents, and we are delighted to be supporting the Project Village and the innovation it promotes.”
Bassam Hage, Markets Leader, Ernst & Young Middle East and North Africa (MENA) added: “Cleantech is not only about technology, it involves an ecosystem of government, industry and financial players as well. WFES and the Project Village has proven to be an effective forum for industry interaction in the past and as it focuses on new technology this year, it will allow fresh assessment of future projects in the MENA region.”
For further information on the Project Village:
- ends -
About World Future Energy Summit
The annual World Future Energy Summit in Abu Dhabi is the world’s foremost gathering of communities dedicated to clean and renewable energy, energy efficiency and the environment. Celebrating its fifth year in 2012, it is the leading international event for government and industry decision makers committed to finding viable, sustainable solutions to the world’s growing energy challenges.
It is a world-class conference, a large-scale exhibition, and an annual celebration of the winners of Abu Dhabi’s Zayed Future Energy Prize, which recognises global achievement in the fields of renewable energy and sustainability.
To be held under the patronage of H.H General Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the World Future Energy Summit 2012 runs from January 16-19 at Abu Dhabi National Exhibition Centre.
How Ernst & Young's Global Cleantech Center can help your business
From start-ups to large corporations and national governments, organizations worldwide are embracing cleantech as a means of growth, efficiency, sustainability and competitive advantage. As cleantech enables a variety of industries, old and new, to transform and participate in a more resource-efficient and low-carbon economy, we see innovation in technology, business models, financing mechanisms, cross-industry partnerships and corporate adoption.
Ernst & Young's Global Cleantech Center offers you a worldwide team of professionals in assurance, tax, transaction and advisory services who understand the business dynamics of cleantech. We have the experience to help you make the most of opportunities in this marketplace, and address any challenges. Whichever sector or market you’re in, we can provide the insights you need to realize the benefits of cleantech.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com.
This news release has been issued by EYGM Limited, a member of the global Ernst & Young organization that also does not provide any services to clients.