Third round of Free Electrons accelerator selected

Free Electrons, the energy accelerator supported by energy utilities including DEWA, announces third round

The Free Electron accelerator is a great opportunity for energy startups to expand into new markets around the world, says Al Tayer.
The Free Electron accelerator is a great opportunity for energy startups to expand into new markets around the world, says Al Tayer.

The third round of the Free Electrons accelerator has been selected, to develop startups in the energy sector.

The Free Electrons program is run by an alliance of energy utilities, including the Dubai Energy & Water Authority (DEWA).

Thirty startups were shortlisted from 300 companies that had applied and took part in the first bootcamp in Dublin, Ireland in 2019.

The shortlisted startups now have three modules to complete, each for four days, where they meet the energy members of the programme in USA, Hong Kong and Portugal.

"Today, DEWA has become one of the world's leading utilities, not only in anticipating the future but also in creating it. Our participation in the Free Electrons programme, along with a number of leading energy organisations is part of our efforts to strengthen cooperation between major global utilities and energy start-up companies. This supports and encourages innovation and develops effective solutions to meet current and future energy challenges, explores opportunities early on and promotes innovation in renewable and clean energy. We are pleased with the great response and the quality of the projects. This is a wonderful opportunity for energy startups to embrace innovative ideas, to share information and knowledge as well as expand into new markets around the world," said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA.

“The Free Electrons programme provides an integrated framework for establishing partnerships and innovating disruptive technologies and enhance innovation on clean and renewable energy as well as pave the way for more achievements in the future. It also supports DEWA’s efforts in employing technologies of the Fourth Industrial Revolution such as Artificial Intelligence, Unmanned Aerial Vehicles, energy storage, blockchain, and the Internet of Things, among others," said Marwan Bin Haidar, Executive Vice President of Innovation and the Future at DEWA.

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