Emerge, a joint venture between Abu Dhabi clean energy company Masdar and French utility EDF, is setting up a rooftop solar power project at SeaWorld Abu Dhabi theme park as part of a partnership signed with Yas Island management company Miral Asset Management.
The project in the first SeaWorld location outside North America will use rooftop solar photovoltaic systems with a total capacity of 8.2 megawatts, Masdar said on Wednesday.
Emerge will handle the project's design, construction, operation and maintenance.
SeaWorld Abu Dhabi, located on Yas Island, is scheduled to be completed in 2022 and will feature the world's largest aquarium that will house about 68,000 marine animals.
“The deployment of new solar energy systems is consistent with our progress towards further leveraging the capacity of sustainable sources across our developments," said Mohamed Al Zaabi, chief executive of Miral.
The use of solar power in the UAE continues to grow as the country aggressively taps into renewable energy sources to achieve its sustainability pledges.
In October, the UAE announced its Net Zero 2050 Strategic Initiative, which calls for Dh600 billion ($163bn) to be invested in clean and renewable energy sources in the next three decades.
It also recorded the largest increase in renewable energy capacity worldwide over the past decade, Australia-based Compare the Market said in its Green Fuel Index report.
In May, the Emirates Water and Electricity Company invited companies to submit expressions of interest for a new solar project in Abu Dhabi's Al Ajban area, which aims to become one of the world's largest with a total power generating capacity of 1,500 megawatts.
The UAE is already home to two of the largest solar facilities in the world. These include the 5,000-megawatt Mohammed bin Rashid Solar Park in Dubai and the planned Abu Dhabi's Al Dharfra Solar Park.
The global solar power market is projected to hit more than $368bn by 2030, from about $198bn in 2021, growing at a compound annual rate of 7.2 per cent, according to Canada-based Precedence Research.
The solar project at SeaWorld Abu Dhabi can be a catalyst to help others in the private sector tap into green energy resources, which in turn will help the UAE to achieve its sustainability goals, said Laurent Clement, chief executive of EDF Middle East.
“The private sector is playing a major role in supporting the UAE Energy Strategy 2050, and in achieving an energy mix that combines renewable and clean energy sources to balance economic requirements and environmental goals," he said.
Emerge was established to explore and collaborate on opportunities in distributed solar generation, energy efficiency and street lighting in the UAE and Saudi Arabia.
Miral was created in 2011 and manages key venues on Yas Island, including Ferrari World Abu Dhabi, Yas Waterworld, Warner Bros World Abu Dhabi and Clymb Abu Dhabi.
The Emerge joint venture is "ideally equipped to support Miral’s ongoing environmental efforts, and in turn help to drive sustainable development in the regional leisure and tourism sector", said Mohamed Al Ramahi, chief executive of Masdar.
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Killing of Qassem Suleimani
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Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
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The specs: 2017 Porsche 718 Cayman
Price, base / as tested Dh222,500 / Dh296,870
Engine 2.0L, flat four-cylinder
Transmission Seven-speed PDK
Power 300hp @ 6,500rpm
Torque 380hp @ 1,950rpm
Fuel economy, combined 6.9L / 100km
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Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
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The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
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Transmission: 8-speed dual-clutch automatic
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Price: expected to start at Dh1,432,000