UAE Energy Startups Attract More Funding 

The second category includes companies that have zeroed in on the development of energy storage and manufacturing of batteries, cornering nearly one-third of this funding pie.

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Solar energy has formed a keystone in the UAE’s renewable energy strategy because of geographical advantages and improved technological considerations.

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This underlines diversified efforts toward renewable energy deployments in line with the UAE’s broader aspirations on sustainable development.

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By the end of 2023, the number of startups involved in the energy sector was approximately 54 in the UAE.

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This includes solar and wind energy solution businesses that clearly fall within the strategic goals of global sustainability and national agendas.

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Energy storage and battery technologies have taken center stage, with 12 startups focused on developing solutions to enhance the efficiency and reliability of energy.

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