São Paulo – The Dubai Electricity & Water Authority (DEWA) received 30 registrations from Brazil in the start-up acceleration program of the energy sector. A news feature on the topic was published by the UAE’s official news outlet, Emirates News Agency (WAM), this Thursday (26) and it says that the program received over 500 registrations from 65 countries.
The program is called Free Electrons and aims to encourage start-ups to develop solutions and come up with innovative ideas for the energy sector, focusing on the new generations. The initiative will give support in the development of the selected start-ups through curatorship and access to public services companies.
Registrations ended at the end of February. According to the WAM feature, in addition to the 30 registrations from Brazil, the program received 84 registrations from the United States, 29 from India and 24 from Australia. There were also registrations from Spain, Germany, United Kingdom, Portugal, United Arab Emirates, Palestine, Ireland, France and the Netherlands, among others.
From the total of the projects received, 22% are in the clean energy sector, 15% in the internet of things and digitization, 12% in energy efficiency and 7% in smart grids, among other areas. The 15 companies selected were already announced and, among them, there are no Brazilian ones.
DEWA heads the program, with a participation of AusNet and Origin, from Australia, ESB, from Ireland, EDP, from Portugal, Innogy, from the European Union, SP, from Cingapura, Tepco, from Japan, American Electric Power, from the United States and Beta-I, from Portugal.
According to the program’s website, these are leading companies in the transition process to clean energy and search for cutting-edge solutions for the sector. Together, they operate in over 40 countries and have 76 million clients, with revenues reaching USD 163 billion per year.
Among the start-ups selected, three are from the United States, two from the United Kingdom and two from Portugal. These are the countries with the highest number of companies selected, according to the contest’s website. Switzerland, China, Germany, Norway, Ireland, Bangladesh, Australia and France each had one company selected.
Translated by Sérgio Kakitani