ITALY STRENGTHENS PARTNERSHIP WITH UAE TO DRIVE SUSTAINABLE INNOVATION

ITALY STRENGTHENS PARTNERSHIP WITH UAE TO DRIVE SUSTAINABLE INNOVATION

44 Italian Companies to Showcase Leading Renewable Energy Technologies at WETEX 2024

Dubai, UAE; October 1st , 2024: Italy returns to WETEX 2024 with a powerful presence through its Italian Pavilion, organized by the Italian Trade Agency (ITA) in collaboration with the Embassy of Italy in the UAE. This year, 44 leading Italian companies will showcase cutting-edge renewable energy technologies and environmental solutions, highlighting the country’s growing contribution to global sustainability. The Italian Pavilion, located in Halls 6-7 of the Dubai World Trade Centre (DWTC), will run from October 1 to 3 and promises an impressive display of innovation, sustainability, and advanced eco-friendly systems.

Italy’s participation in the UAE’s premier sustainability event underscores its strong commitment to supporting the UAE’s ambitious goals towards a greener future. Italian companies play a pivotal role in offering advanced solutions in energy, water conservation, and environmental sustainability, contributing to the UAE’s efforts to develop a resilient and eco-conscious infrastructure.

Italian exports in the renewable energy sector to the UAE have seen remarkable growth in recent years. In 2022, Italy exported renewable energy technologies worth EUR 133.8 million to the UAE. This figure soared to EUR 204 million in 2023 – a notable increase of EUR 70.2 million, or 52.48%. During this period, Italy’s market share in the UAE’s renewable energy sector also grew from 3.77% to 6%.
The momentum of Italy’s presence in the sector has continued into 2024. In the first quarter of 2024, Italy’s exports reached EUR 126.3 million, compared to EUR 75.8 million in Q1 2023 and EUR 45.4 million in Q1 2022, marking a 66.54% year-on-year increase. Italy’s projected market share in 2024 is expected to rise to 7.52%, demonstrating the country’s expanding influence in the UAE’s renewable energy market.

Lorenzo Fanara, Ambassador of Italy to the UAE, said: “Italy and the UAE enjoy a growing partnership on energy and renewables. The Italian private sector is ready to build on this excellent relationship by sharing technologies, expertise, and innovation with their Emirati and international counterparts. WETEX is the ideal venue to demonstrate that sustainability and green technologies are not only essential for the planet’s future, but present great business opportunities for companies to grow and expand internationally”.

Valerio Soldani, Italian Trade Commissioner to the UAE and Oman, commented: “Italy’s renewable energy sector is uniquely positioned to deliver both innovation and expertise, fully aligned with the UAE’s long-term sustainability objectives. Our presence at WETEX 2024 underscores Italy’s strong commitment to fostering collaborations that advance technological progress and environmental responsibility. With 44 companies represented at the Italian Pavilion, we highlight Italy’s dedication to driving sustainable innovation and contributing to a greener global economy.

As a leader in renewable energy, Italy has allocated over two billion euros to implement circular economy strategies, enhancing infrastructure for green and resilient waste management systems. This initiative is part of Italy’s broader commitment to achieving its national target of generating 40% of electricity from renewable sources by 2030. As of 2023, Italy already generates around 36-38% of its electricity from renewables, positioning the country on track to meet this goal. In the same year, Italy’s impact in the sector grew significantly, becoming the fourth-largest exporter of renewable energy technologies to the UAE.

At WETEX, we return with an even stronger group of Italian companies, reaffirming sustainability as a top priority. Over the course of the three-day exhibition, visitors will have the opportunity to engage with Italian manufacturers and service providers offering cutting-edge solutions in environmental and food sanitation, integrated waste management, environmental rehabilitation, water treatment, dewatering equipment, chemical dosing, seawater desalination, alternative fuels, metering pumps, laboratory testing, renewable energy systems, and civil and agricultural applications.”

For more information on Italy’s participation, download the exhibition catalogue here: WETEX 2024
For the latest news and updates, please follow @ITAdubai on X, @ITAdubai on Instagram, ITA – Dubai Office on LinkedIn.

Exhibitors at the Italy Pavilion at WETEX 2024:

⦁ AIR CLEAN SRL
⦁ ALFA WATER SRL
⦁ ATLAS FILTRI
⦁ AVACAM
⦁ BAXENERGY ITALIA SRL
⦁ BCC STUDIO SRL
⦁ CIRCULAR MATERIALS SRL
⦁ COMPOPACK SRL
⦁ EASYRFID SRL
⦁ ECO-TECHNO SRL
⦁ ECOSISTEMI SRL
⦁ EMEC SRL
⦁ E-MOD SRLS
⦁ ETATRON D.S. SPA
⦁ EUROTROL SPA
⦁ F.A.M. SNC DI CHECCACCI S. & C.
⦁ FAGGIOLATI PUMPS SPA
⦁ FOR.TEC. – FORNITURE TECNOLOGICHE – SRL
⦁ FPZ SPA
⦁ GIVA MISURA SRL
⦁ HYTEK SRL
⦁ INGEGNERIA AMBIENTE SRL
⦁ INJECTA SRL
⦁ LOCATELLI SALINE DI VOLTERRA SRL
⦁ M.F. INOX SRL
⦁ OCMI-OTG SPA
⦁ OSMO SISTEMI SRL
⦁ PLASTEK SRL
⦁ REDECAM GROUP SPA
⦁ REIWA SRL
⦁ ROVATTI A.& FIGLI POMPE SPA
⦁ S.I.T.A. SRL
⦁ SAER ELETTROPOMPE SPA
⦁ SEFT SRL
⦁ SERECO SRL
⦁ SERRANOVA SRL
⦁ STEIEL ELETTRONICA SRL
⦁ SYSTEA SYSTEMS TECHNOLOGY ADVANCE SPA
⦁ SYSTEM GROUP
⦁ TEKNOFANGHI SRL
⦁ Travel Verse SRLS
⦁ UNIDELTA SPA
⦁ VALVEIT SRL
⦁ VENTEA

About Italian Trade Agency –

The Italian Trade Agency is the Government agency which promotes the globalization of Italian firms, under the aegis of the Ministry of Foreign Affairs. ITA helps to develop, facilitate and promote Italian economic and trade relations with foreign countries, focusing on the needs of SMEs, their associations and partnerships. ITA sustains Italian firms in their internationalization process, promoting the marketing of Italian goods and services as well as the image of “Made in Italy” products around the world, while facilitating outward Italian investments and encouraging FDI attraction into Italy.

ITA provides information, support and consultancy services to Italian companies on foreign markets, in order to foster exports and economic cooperation in all sectors, with the objective of increasing the effectiveness of their presence on international markets. ITA works closely with the Italian Regions, the network of Italian Chambers of Commerce, business organizations and other public and private entities. ITA’s headquarters are based in Rome and it works through a large network of offices around the world which are acknowledged as “Trade Promotion Offices” of the Embassies or Consulates of Italy. https://www.ice.it/en/markets/united-arab-emirates