24/08/2025 04:10 AST

Adnec Group, a Modon Holding company, has been awarded and redeemed its first International Renewable Energy Certificates (I-REC), produced by Emirates Water and Electricity Company (Ewec), issued by Abu Dhabi Department of Energy and governed by The International Tracking Standard Foundation, the founders of I-IREC.

This certification confirms that since November 2024, all energy consumed by Adnec Centre Abu Dhabi has been sourced from clean energy. During this period, the venue hosted 166 exhibitions, conferences, and meetings powered exclusively by clean sources, said Adnec Group in a statement.

Adnec Groups I-REC Certification confirms that the venue used over 13,700 MWh of electricity generated entirely from clean energy sources, resulting in zero carbon dioxide emissions from the electricity generation.

This significant achievement was made possible through the partnership with Ewec in 2024, establishing Adnec Centre Abu Dhabi as the first and largest event venue in the Mena region to be powered entirely by clean energy.

Adnec Groups I-REC Certification was verified through the International Tracking Standard Foundation, the global leader in renewable energy schemes and sustainability claims.

The I-REC Certification assessed Adnec Centre Abu Dhabi's energy consumption from November 2024 to April 30, 2025, with 13,703 MWh of electricity utilised by the venue coming from clean sources.

Humaid Al Dhaheri, Managing Director and Group CEO of Adnec Group, said: "This milestone underscores Adnec Group's commitment to sustainability and our dedication to utilising clean and innovative solutions for the events industry. We are proud to support the UAE's vision for a sustainable future and remain committed to achieving our net zero by 2045."

As a signatory of the Net Zero Events Initiative, Adnec Group said it remains dedicated to reducing greenhouse gas emissions across all business operations and event activities.

The Group actively collaborates with international partners, event organisers, and stakeholders to develop and implement best practices for sustainable event management, including resource optimisation, waste reduction, and the integration of innovative green technologies.

In alignment with the UAE's national sustainability goals, it has set a target to achieve net zero carbon emissions by 2045, five years ahead of the nation's 2050 target.

By leading the way in sustainable event management and embracing a forward-thinking approach to environmental responsibility, Adnec Group is helping to shape a more sustainable future for the events industry, Abu Dhabi and the wider region.


Trade Arabia

Modon inks multiple deals worth $2.35bn at Global Industry Summit

27/11/2025

The Saudi Authority for Industrial Cities and Technology Zones signed multiple contracts and memorandums of understanding worth SR8.8 billion ($2.35 billion) to develop Saudi Arabia's industrial and

Arab Times

Arabian Dyar, Modon deal to develop 90 ready-made factories in Jeddah

22/10/2025

Arabian Dyar Real Estate Development Company has signed a strategic partnership with the Saudi Authority for Industrial Cities and Technology Zones (Modon) to develop and construct ready-made factori

Trade Arabia

Modon delivers $571.8m H1 net profit; record real estate sales

30/07/2025

Abu Dhabi-based Modon Holding, a leader in real estate, hospitality, asset and investment management, and tourism, has delivered an outstanding AED2.1 billion ($571.82 million) H1 2025 net profit, wi

Trade Arabia

Ticker Price Volume
Ticker Price Change
ALPHADHABI 9.78 -0.26 (-2.59%)
IQCD 12.30 0.30 (2.50%)
ADNOCLS 5.53 -0.03 (-0.54%)
ADPORTS 4.41 -0.15 (-3.29%)
NMDC 22.06 -0.38 (-1.70%)
Dr Al-Awadhi commends Gulf Bank for its role in employing and supporting people with disabilities

27/11/2025

As part of the government's ongoing commitment to empowering people with disabilities and reinforcing their role in the Kuwaiti community and the labor market, Dr Ahmad Abdulwahab Al-Awadhi, Minister

Kuwait Times

Burgan Bank receives Digital Transformation Excellence Award for leveraging SAP technologies

27/11/2025

In line with its progressive and forward-looking banking innovation and digital transformation strategy, Burgan Bank attended the Business Suite Innovation Day, hosted by the Bank's strategic partner

Kuwait Times

S&P Global Ratings upgrades NBK's credit rating to 'A+' with a stable outlook

27/11/2025

S&P Global Ratings announced that it has upgraded the credit rating of National Bank of Kuwait (NBK) from 'A' to 'A+', with a Stable Outlook. The agency explained that the upgrade reflects NBK's posi

Kuwait Times

ADNOC Gas and EMSTEEL sign $4bn low-carbon gas deal

27/11/2025

ADNOC Gas and its subsidiaries, a world-class integrated gas processing company, today announced the signing of a landmark agreement, valued between $3.5 billion and $4.2 billion with EMSTEEL, one of

Trade Arabia

Multiply Media takes full control of London Lites in UK expansion push

27/11/2025

Multiply Media Group (MMG), a subsidiary of Abu Dhabi's 2PointZero Group PJSC, has acquired 100% of London Lites, securing full ownership of one of the UK capital's most prominent digital Out-of-Home

Gulfnews