Energy Valley Business Development Institute to host ‘Dubai Energy Week’ 2023

Representative Energy Brand Exhibition in Jeollanam-do

Energy Valley Enterprise Development Institute (Head Lim Cheong-won) will hold the ‘3rd KOREA-UAE Energy Week 2023’ at the Dubai World Trade Center for three days from the 15th to the 17th.

This event is being promoted as part of the National Innovation Cluster Project (non-R&D) by the Energy Valley Enterprise Development Institute, Korea Electric Power Corporation, Jeonnam Techno Park, Korea Smart Grid Project Group, and Green Energy Research Institute (hereinafter referred to as the ‘Consortium’).

Energy Week is a representative brand exhibition in Jeollanam-do. KOREA-UAE Energy Week, now in its third year, will be held simultaneously with the local international exhibition ‘WETEX & Dubai Solar Show 2023’. Ten new energy industry companies from Jeollanam-do will participate in the joint exhibition hall and showcase innovative technologies and products.

The 10 Companies participating in this Energy Week include Kumcheol Innovation (CEO Kwang-ho Choi), One Turbo One (CEO Byeong-hak Lee), WP (CEO Geon-min Kang), Magnatech (CEO Seon-hu Park), BK Energy (CEO Young-sil Park), SM Farm Construction (There are 10 companies: U Energy (CEO Taewon Choi) Kalsun (CEO Yongjin Ahn), Comemtech (CEO Seongcheol Kim), TEF (CEO Seokhoon Hong).

The consortium plans to visit key local networks such as Baisu Electricity Authority (DEWA), Dubai Airport Free Zone (DAFZ), and the Middle East Solar Energy Industry Association (MESIA) to establish a global cooperation system and discuss ways for Jeonnam energy industry companies to enter the market.

Source: Herald Economy (https://news.heraldcorp.com) Reporter Seo In-ju 2023.11.16. 17:37

‘KOREA-UAE Energy Week’ opens export channels to the Middle East

Jeonnam consortium, including Energy Valley Enterprise Development Institute, is part of the national innovation cluster project

‘KOREA-UAE Energy Week’ will be held in the UAE from the 15th to the 17th of this month.

About 50 companies including DEWA and Power Sun participated, total 105 cases, $100 million worth of export consultation

The Jeonnam consortium, which includes the Energy Valley Enterprise Development Institute (President Lim Cheong-won), Jeonnam Techno Park, Korea Smart Grid Project Group, Green Energy Research Institute, and KEPCO, is a project for new and renewable energy and new energy industry companies in Jeollanam-do as part of the National Innovation Cluster Project (non-R&D). It was announced that 'KOREA-UAE Energy Week' was held from November 15th to 17th at the Dubai World Trade Center in UAE to support entry into the UAE and Middle East markets.

The National Innovation Cluster Project is a project that discovers companies with development and growth potential within the Jeonnam National Innovation Convergence Complex and supports opportunities to advance into new industries, and the Jeonnam Consortium supports Jeollanam-do's new and renewable and new energy industry export companies to enter the UAE and Middle East markets. To this end, the third 'Korea-UAE Energy Week' was held this year, starting in 2021.

At this event, about 50 companies, including DEWA (Dubai Water and Electricity Authority) and Power Sun, participated and decided to conclude contracts within the year through a total of 105 export consultations worth $100 million.

The Jeonnam Consortium has signed 16 MOUs and 2 MOAs to build a business network based in the UAE. In particular, the event was held at the same time as the "WETEX & Dubai Solar Show 2023," a world-class exhibition in the field of hydroelectric technology and environment, and WETEX, organized by the Dubai Water Power Authority, is a large-scale international exhibition event involving global energy and environmental companies, and Jeollanam-do exporters will participate in the WETEX.

Following WETEX, COP28 will be held on November 30, which is expected to attract the attention of experts in the energy industry and environmental fields around the world.

During Energy Week, the Jeollanam-do consortium participated in the Dubai Free Economic Zone (DAFZ), the Middle East Solar Energy Industry Association (MESIA), Dubai Water and Electricity Authority (DEWA), the Emirates Green Building Council (GBC), and IMQ, which certifies the quality of exported goods and equipment. We have established a strategic global cooperation system with Gulf and KUTC under Khalifa University in the UAE, and have laid the foundation for R&D support as well as securing export channels for Jeonnam new energy industry companies to enter the UAE.

The Jeonnam consortium visited Dubai Airport Free Zone (DAFZ), Dubai's only airport free economic zone, and discussed moving-in procedures, requirements, benefits, companies, and industries.

In the future, the Energy Valley Enterprise Development Institute plans to make policy recommendations to Jeollanam-do and secure a strategic base in the Middle East by allowing companies in the new energy industry to move into the Dubai Airport Free Zone (DAFZ).

In addition, by becoming a member of the Middle East Solar Energy Industry Association (MESIA), we have established a close network with solar energy companies in the Middle East and secured solar energy market information and project bidding information in the Middle East and North Africa in advance to support Jeollanam-do's new renewable and new energy industries. We plan to provide support to create visible results.

In addition, the Jeonnam consortium visited the Emirates Green Building Council (EmiratesGBC) to identify eco-friendly building policies aimed at zero carbon emissions in accordance with the UAE Energy Strategy 2050, discussed cooperation plans for exporting eco-friendly building technologies and products, and made a commitment to green buildings. It was decided to expand cooperation between the two organizations.

Meanwhile, the Energy Valley Enterprise Development Institute, Jeonnam Technopark, and Korea Smart Grid Business Group announced that they have signed a memorandum of understanding (MOU) to strengthen cooperation with IMQ Gulf, a global private certification body that issues ECAS and EQM, which are compulsory certification for regulated items stipulated by the UAE Ministry of Industry and Advanced Technology (MOIAT).

According to the Jeonnam Consortium, IMQ Gulf certification is essential for export and distribution of power equipment within the UAE. Jeonnam Consortium and IMQ Gulf reached an agreement on shortening the certification period and easing costs to promote exports by Jeonnam companies.

In addition, through a meeting with Consul General Moon Byeong-jun of the Consulate General of the Republic of Korea in Dubai and Abdul Syed Abdul Hameed, Vice President of Dubai Water and Electricity Authority (DEWA), support was promised for establishing a strategic network for Jeonnam companies to advance into the UAE and the Middle East and generate results.

The Jeonnam Consortium announced that it visited Khalifa University's Korea-UAE Joint R&D Technology Center (KUTC) and discussed mutual cooperation measures in terms of KUTC's research infrastructure, research manpower, and use of laboratories to secure a UAE R&D base for Jeonnam companies.

Meanwhile, the companies participating in this Energy Week include Kumcheol Innovation (CEO Choi Kwang-ho), Namwon Turbo One (CEO Lee Byung-hak), WP (CEO Kang Geon-min), Magnatech (CEO Park Seon-hu), BK Energy (CEO Park Young-sil), SM Farm Construction (CEO Lee Sang-bong), U Energy (CEO Choi Tae-won), Kalsun (CEO Ahn Yong-jin), Comemtech (CEO Kim Seong-cheol), TEF (CEO Hong Seok-hoon), etc. The 10 companies are active in Jeollanam-do, the center of Korea's energy industry and have abundant experience and excellent technology.

Energy Week is Jeollanam-do's representative overseas expansion program that promotes the development of overseas markets for Jeollanam-do companies and the development of the energy industry between countries. It plans to expand its role internationally based on continuous support from the National Innovation Cluster Project (non-R&D).

Source: Electric Newspaper (https://www.electimes.com) Reporter Yoon Jeong-il 2023.11.20. 09:15